Nexa Days Of Inventory On Hand from 2010 to 2024

NEXA Stock  USD 7.55  0.05  0.66%   
Nexa Resources' Days Of Inventory On Hand is decreasing over the years with stable fluctuation. Overall, Days Of Inventory On Hand is expected to go to 68.37 this year. From 2010 to 2024 Nexa Resources Days Of Inventory On Hand quarterly data regression line had arithmetic mean of  63.44 and r-squared of  0.06. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
54.45461022
Current Value
68.37
Quarterly Volatility
6.74355389
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nexa Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nexa Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 227.4 M, Interest Expense of 103.4 M or Selling General Administrative of 157.9 M, as well as many indicators such as Price To Sales Ratio of 0.35, Dividend Yield of 0.034 or PTB Ratio of 0.81. Nexa financial statements analysis is a perfect complement when working with Nexa Resources Valuation or Volatility modules.
  
Check out the analysis of Nexa Resources Correlation against competitors.

Latest Nexa Resources' Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Nexa Resources SA over the last few years. It is Nexa Resources' Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nexa Resources' overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Pretty Stable
   Days Of Inventory On Hand   
       Timeline  

Nexa Days Of Inventory On Hand Regression Statistics

Arithmetic Mean63.44
Geometric Mean63.10
Coefficient Of Variation10.63
Mean Deviation5.47
Median65.44
Standard Deviation6.74
Sample Variance45.48
Range24.662
R-Value(0.24)
Mean Square Error46.11
R-Squared0.06
Significance0.39
Slope(0.36)
Total Sum of Squares636.66

Nexa Days Of Inventory On Hand History

2024 68.37
2023 54.45
2022 60.22
2021 69.16
2020 59.87
2019 55.42
2018 52.12

About Nexa Resources Financial Statements

Nexa Resources stakeholders use historical fundamental indicators, such as Nexa Resources' Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Nexa Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nexa Resources' assets and liabilities are reflected in the revenues and expenses on Nexa Resources' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Nexa Resources SA. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 54.45  68.37 

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When determining whether Nexa Resources SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nexa Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nexa Resources Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nexa Resources Sa Stock:
Check out the analysis of Nexa Resources Correlation against competitors.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nexa Resources. If investors know Nexa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nexa Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.49)
Revenue Per Share
20.05
Quarterly Revenue Growth
0.093
Return On Assets
0.0215
Return On Equity
(0.13)
The market value of Nexa Resources SA is measured differently than its book value, which is the value of Nexa that is recorded on the company's balance sheet. Investors also form their own opinion of Nexa Resources' value that differs from its market value or its book value, called intrinsic value, which is Nexa Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nexa Resources' market value can be influenced by many factors that don't directly affect Nexa Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nexa Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexa Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexa Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.