Next Vision Stabilized Systems (XTAE:NXSN) Total Inventories : ₪55.6 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Next Vision Stabilized Systems Total Inventories?

Next Vision Stabilized Systems's total inventories for the quarter that ended in Mar. 2024 was ₪55.6 Mil. Next Vision Stabilized Systems's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ₪57.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Next Vision Stabilized Systems's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₪3.20.

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 three months ended in Mar. 2024 was 174.72.

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 Total Inventories Historical Data

The historical data trend for Next Vision Stabilized Systems'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.

Next Vision Stabilized Systems Total Inventories Chart

Next Vision Stabilized Systems Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

2.38

4.84

12.34

19.48

59.93

Next Vision Stabilized Systems Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial											29.57	42.61	50.47	59.93	55.56

Next Vision Stabilized Systems 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.

Next Vision Stabilized Systems (XTAE:NXSN) 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.

Next Vision Stabilized Systems'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)
=	(262.969	+	0.75 * 25.426	+	0.5 * 55.562	-	56.744
-	0	-	0)	/	79.1603
=	3.20

2. 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 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
	=	57.748	/	30.159	*	365 / 4
	=	174.72

3. 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 (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	30.159	/	57.748
	=	0.52

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.

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 (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	57.748	/	102.422
	=	0.56

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.

Next Vision Stabilized Systems Total Inventories Related Terms

Thank you for viewing the detailed overview of Next Vision Stabilized Systems's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Next Vision Stabilized Systems (XTAE:NXSN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Next Vision Stabilized Systems Ltd (XTAE:NXSN) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

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.

Next Vision Stabilized Systems (XTAE:NXSN) Headlines

No Headlines