Next Meats Holdings (Next Meats Holdings) Inventory-to-Revenue : 0.42 (As of Jan. 2024)

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What is Next Meats Holdings Inventory-to-Revenue?

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 Meats Holdings's Average Total Inventories for the quarter that ended in Jan. 2024 was $0.11 Mil. Next Meats Holdings's Revenue for the three months ended in Jan. 2024 was $0.27 Mil. Next Meats Holdings's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.42.

Next Meats Holdings's Inventory-to-Revenue for the quarter that ended in Jan. 2024 declined from Oct. 2023 (0.60) to Oct. 2023 (0.42)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Next Meats Holdings's Days Inventory for the three months ended in Jan. 2024 was 47.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Next Meats Holdings's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.91.

Next Meats Holdings Inventory-to-Revenue Historical Data

The historical data trend for Next Meats Holdings's Inventory-to-Revenue 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 Meats Holdings Inventory-to-Revenue Chart

Next Meats Holdings Annual Data

Trend

Apr20

Apr21

Apr22

Apr23

Inventory-to-Revenue

0.06

0.26

Next Meats Holdings Quarterly Data
	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory-to-Revenue	Get a 7-Day Free Trial										2.14	0.96	0.59	0.60	0.42

Competitive Comparison of Next Meats Holdings's Inventory-to-Revenue

For the Packaged Foods subindustry, Next Meats Holdings's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.

Next Meats Holdings's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Next Meats Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Next Meats Holdings's Inventory-to-Revenue falls into.

Next Meats Holdings Inventory-to-Revenue Calculation

Next Meats Holdings's Inventory-to-Revenue for the fiscal year that ended in Apr. 2023 is calculated as

	Inventory-to-Revenue (A: Apr. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )	/	Revenue (A: Apr. 2023 )
=	( (0.598	+	0.135)	/	2 )	/	1.398
=	0.3665					/	1.398
=	0.26

Next Meats Holdings's Inventory-to-Revenue for the quarter that ended in Jan. 2024 is calculated as

	Inventory-to-Revenue (Q: Jan. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Revenue (Q: Jan. 2024 )
=	( (0.141	+	0.082)	/	2 )	/	0.265
=	0.1115					/	0.265
=	0.42

Next Meats Holdings (OTCPK:NXMH) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

More Related Terms:

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

Next Meats Holdings's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	0.1115	/	0.213	*	365 / 4
	=	47.77

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

Next Meats Holdings's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jan. 2024 )	/	Average Total Inventories (Q: Jan. 2024 )
	=	0.213	/	0.1115
	=	1.91

Next Meats Holdings Inventory-to-Revenue Related Terms

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Next Meats Holdings (Next Meats Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Next Meats Holdings Inc (OTCPK:NXMH) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

3F 1-16-13 Ebisu Minami Shibuya-ku, Tokyo, JPN, 150-0022

Website

https://www.nextmeats.co.jp

Next Meats Holdings Inc. is a Japanese Company that operates in the alternative meat industry. It currently offers, and plans to continue to offer, amongst other things, artificial chicken and beef products made from meat substitutes. As will be described later on, Next Meats Co., Ltd. is now a wholly-owned subsidiary of the Company.

Executives

Koichi Ishizuka	director, 10 percent owner, officer: CEO, CFO	3-1-21, CHUO, NAKANO-KU, TOKYO M0 164-0011
White Knight Co., Ltd.	10 percent owner	3F K MINAMIAOYAMA, 6-6-20 MINAMIAOYAMA, MINATO-KU, TOKYO M0 107-0062
Hideyuki Sasaki	director, 10 percent owner, officer: Chief Operating Officer	5-2-4 NISHI, HANYU-SHI, SAITAMA M0 348-0054
Ryo Shirai	director, 10 percent owner, other: Chairman of the Board	4-380-4- NAKAZAWA, NAGAOKA-SHI, NIIGATA M0 940-0853
Next Meats Co., Ltd	10 percent owner	3F 1-16-13 EBISU MINAMI, SHIBUYA-KU, TOKYO M0 150-0022
Flint Consulting Services, Llc	10 percent owner	780 RESERVOIR AVE #123, CRANSTON RI 029910