Nextracker Inc. Class A Common Stock (NXT)
Activity ratios
Short-term
Turnover ratios
| Mar 31, 2024 | Mar 31, 2023 | |
|---|---|---|
| Inventory turnover | 8.36 | 11.70 |
| Receivables turnover | 4.77 | 4.91 |
| Payables turnover | 3.69 | 7.64 |
| Working capital turnover | 2.85 | 5.21 |
Average number of days
| Mar 31, 2024 | Mar 31, 2023 | ||
|---|---|---|---|
| Days of inventory on hand (DOH) | days | 43.65 | 31.20 |
| Days of sales outstanding (DSO) | days | 76.52 | 74.35 |
| Number of days of payables | days | 98.81 | 47.76 |
Long-term
| Mar 31, 2024 | Mar 31, 2023 | |
|---|---|---|
| Fixed asset turnover | 270.66 | 262.18 |
| Total asset turnover | 0.99 | 1.34 |