GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Nexxen International Ltd (LSE:NEXN) » Definitions » Days Inventory

Nexxen International (LSE:NEXN) Days Inventory : 0.00 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Nexxen International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nexxen International's Average Total Inventories for the three months ended in Mar. 2024 was £0.0 Mil. Nexxen International's Cost of Goods Sold for the three months ended in Mar. 2024 was £11.4 Mil. Hence, Nexxen International's Days Inventory for the three months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Nexxen International's Days Inventory or its related term are showing as below:

LSE:NEXN's Days Inventory is not ranked *
in the Media - Diversified industry.
Industry Median: 26.41
* Ranked among companies with meaningful Days Inventory only.

Nexxen International's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

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

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. Nexxen International's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


Nexxen International Days Inventory Historical Data

The historical data trend for Nexxen International's Days 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.

* Premium members only.

Nexxen International Days Inventory Chart

Nexxen International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Nexxen International Quarterly Data
Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Nexxen International's Days Inventory

For the Advertising Agencies subindustry, Nexxen International's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nexxen International's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nexxen International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nexxen International's Days Inventory falls into.



Nexxen International Days Inventory Calculation

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

Nexxen International's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 49.193*365
=0 / 49.193*365
=0.00

Nexxen International's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 11.441*365 / 4
=0 / 11.441*365 / 4
=0.00

* 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.


Nexxen International  (LSE:NEXN) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Nexxen International's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

2. 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.

Nexxen International's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Nexxen International Days Inventory Related Terms

Thank you for viewing the detailed overview of Nexxen International's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Nexxen International (LSE:NEXN) Business Description

Traded in Other Exchanges
Address
82 Yigal Alon Street, 13th Floor, Tel Aviv, ISR, 6789124
Nexxen International Ltd empowers advertisers, agencies, publishers and broadcasters to utilize video and connected TV. It is a demand-side platform (DSP), supply-side platform (SSP), ad server and data management platform (DMP) and also delivers a flexible and unified technology stack with advanced and exclusive data at its core.