Next Vision Stabilized Systems (XTAE:NXSN) Change In Inventory : ₪-25.9 Mil (TTM As of Mar. 2024)

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What is Next Vision Stabilized Systems Change In Inventory?

Next Vision Stabilized Systems's change in inventory for the quarter that ended in Mar. 2024 was ₪4.3 Mil. It means Next Vision Stabilized Systems's inventory declined by ₪4.3 Mil from Dec. 2023 to Mar. 2024 .

Next Vision Stabilized Systems's change in inventory for the fiscal year that ended in Dec. 2023 was ₪-40.2 Mil. It means Next Vision Stabilized Systems's inventory increased by ₪40.2 Mil from Dec. 2022 to Dec. 2023 .

Next Vision Stabilized Systems's Total Inventories for the quarter that ended in Mar. 2024 was ₪55.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Next Vision Stabilized Systems's Days Inventory for the quarter that ended in Mar. 2024 was 174.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. Next Vision Stabilized Systems's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.52.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Next Vision Stabilized Systems's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.56.

Next Vision Stabilized Systems Change In Inventory Historical Data

The historical data trend for Next Vision Stabilized Systems's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Next Vision Stabilized Systems Change In Inventory Chart

Next Vision Stabilized Systems Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.36

-2.45

-7.46

-7.10

-40.23

Next Vision Stabilized Systems Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial											-10.04	-12.97	-7.81	-9.41	4.35

Next Vision Stabilized Systems Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪-25.9 Mil.

Next Vision Stabilized Systems (XTAE:NXSN) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Next Vision Stabilized Systems's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	57.431	/	29.993	*	365 / 4
	=	174.73

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Next Vision Stabilized Systems's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	29.993	/	57.431
	=	0.52

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Next Vision Stabilized Systems's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	57.431	/	101.86
	=	0.56

Next Vision Stabilized Systems Change In Inventory Related Terms

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Next Vision Stabilized Systems (XTAE:NXSN) Business Description

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Address

Tedahar 17, Ra'anana, Tel Aviv, ISR

Website

https://www.nextvision-sys.com

Next Vision Stabilized Systems Ltd is engaged in the field of micro stabilized gimballed cameras. It offers the widest range of stabilized cameras and accessories for commercial, industrial and security applications. The cameras can be mounted on ground, aerial and maritime platforms, and are the preferred choice where low SWaP2 (Size, Weight, Power and Price) without compromising performance is a key requirement. Its products include Colibri1, Colibri2, Colibri212, Nighthawk1, Nighthawk2, Nighthawk2-V, Nighthawk2-UZ, and Dragoneye2.

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