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Nexa Resources (Nexa Resources) Total Inventories : $351 Mil (As of Mar. 2024)


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What is Nexa Resources Total Inventories?

Nexa Resources's total inventories for the quarter that ended in Mar. 2024 was $351 Mil. Nexa Resources's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $345 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nexa Resources's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-22.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nexa Resources's Days Inventory for the three months ended in Mar. 2024 was 63.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nexa Resources's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.43.

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. Nexa Resources's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.60.


Nexa Resources Total Inventories Historical Data

The historical data trend for Nexa Resources's Total Inventories 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.

Nexa Resources Total Inventories Chart

Nexa Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 295.26 256.52 372.50 395.20 339.67

Nexa Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories 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 415.72 375.10 333.75 339.67 351.28

Nexa Resources Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Nexa Resources  (NYSE:NEXA) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Nexa Resources's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(324.283+0.75 * 173.686+0.5 * 351.284-3291.083
-0-264.662)/132.439
=-22.09

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

Nexa Resources's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=345.4775/493.193*365 / 4
=63.92

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

Nexa Resources's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=493.193 / 345.4775
=1.43

4. 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.

Nexa Resources's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=345.4775 / 579.782
=0.60

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Nexa Resources Total Inventories Related Terms

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Nexa Resources (Nexa Resources) Business Description

Traded in Other Exchanges
Address
37A, Avenue J.F. Kennedy, Luxembourg, LUX, L-1855
Nexa Resources SA is a low-cost integrated zinc producer. It produces copper, lead, silver, and gold as byproducts. The company operates through two segments namely Mining and Smelting. Its Mining segment consists of various operating units includes mineral exploration activities and the production of zinc concentrates, copper concentrates and lead concentrates. The Smelting segment comprises operating units which include facilities recovering and refining zinc metal out of feed materials such as zinc concentrates or secondary feed materials. It generates maximum revenue from the Smelting segment. Geographically It has a presence in Brazil, Peru, the United States of America, Switzerland, Japan, Argentina, South Korea, Colombia, Vietnam, Malaysia and other countries.