Nestle Nigeria (NSA:NESTLE) Change In Inventory: ₦-1,518 Mil (TTM As of Mar. 2026)


NSA:NESTLE Nestle Nigeria PLC NSA:NESTLE
74 GF Score
Price ₦3,125.00
GF Value ₦2,167.68
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Nestle Nigeria Change In Inventory?

Nestle Nigeria NSA:NESTLE 74 Change In Inventory is ₦-1,518 Mil as of Mar. 2026. GuruFocus rates NSA:NESTLE with a GF Score™ of 74/100 and a GF Value™ of ₦2,167.68 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Nestle Nigeria's change in inventory for the quarter that ended in Mar. 2026 was ₦8,915 Mil. It means Nestle Nigeria's inventory declined by ₦8,915 Mil from Dec. 2025 to Mar. 2026 .

Nestle Nigeria's change in inventory for the fiscal year that ended in Dec. 2025 was ₦-17,826 Mil. It means Nestle Nigeria's inventory increased by ₦17,826 Mil from Dec. 2024 to Dec. 2025 .

Nestle Nigeria's Total Inventories for the quarter that ended in Mar. 2026 was ₦167,842 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nestle Nigeria's Days Inventory for the quarter that ended in Mar. 2026 was 81.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nestle Nigeria's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.12.

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. Nestle Nigeria's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.53.


Nestle Nigeria  (NSA:NESTLE) Change In Inventory Explanation

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

Nestle Nigeria's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=173856.437/194068.808*365 / 4
=81.75

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

Nestle Nigeria's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

3. 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.

Nestle Nigeria's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=173856.437 / 326126.755
=0.53

* 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.


Nestle Nigeria Change In Inventory Related Terms


Nestle Nigeria Change In Inventory Historical Data

* Premium members only.

The historical data trend for Nestle Nigeria's Change In Inventory 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.

Nestle Nigeria Change In Inventory Chart

Nestle Nigeria Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9,783.42 -32,612.50 -620.26 -88,605.94 -17,825.84

Nestle Nigeria Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Inventory 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 -7,393.06 -26,613.89 -889.97 17,071.08 8,915.05
NSA:NESTLE
74GF Score
Nestle Nigeria PLC NSA:NESTLE
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Nestle Nigeria Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦-1,518 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of ₦-1,518 Mil mean?
Nestle Nigeria (NSA:NESTLE) has a Change In Inventory of ₦-1,518 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Nestle Nigeria and its competitors.
Is Nestle Nigeria's Change In Inventory too high?
Nestle Nigeria's current Change In Inventory is ₦-1,518 Mil. Overall, Nestle Nigeria has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nestle Nigeria's Change In Inventory compare to KHC and GIS?
Nestle Nigeria's Change In Inventory of ₦-1,518 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Consumer Packaged Goods company?
A good Change In Inventory depends on the Consumer Packaged Goods industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Nestle Nigeria and its competitors. Nestle Nigeria's current Change In Inventory is ₦-1,518 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nestle Nigeria stock overvalued right now?
Based on GuruFocus' analysis, Nestle Nigeria (NSA:NESTLE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦2,167.68, compared to a current price of ₦3,125.00 — trading 44.2% above its estimated fair value. The current Change In Inventory is ₦-1,518 Mil. Nestle Nigeria's overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Nestle Nigeria (NSA:NESTLE), the current Change In Inventory is ₦-1,518 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nestle Nigeria (NSA:NESTLE) Overvalued in 2026?

Based on GuruFocus' analysis, Nestle Nigeria stock appears to be overvalued. The current stock price of ₦3,125.00 is trading 44.2% above its estimated GF Value™ of ₦2,167.68. GuruFocus considers Nestle Nigeria to be Significantly Overvalued.

Key valuation signals for NSA:NESTLE:

  • Change In Inventory: ₦-1,518 Mil
  • GF Value™: ₦2,167.68 vs. price of ₦3,125.00 (44.2% above fair value)
  • GF Score™: 74/100 with 8 warning signs

No single metric tells the full story. See the NSA:NESTLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nestle Nigeria Business Description

Other Exchanges NSTL:Canada
Address 22-24, Industrial Avenue, Ilupeju, Lagos, NGA, 102215
Nestle Nigeria PLC is a food and beverage company. It is involved in the business of manufacturing, marketing, and distribution of food products. The firm has categorized its products into Baby foods, Coffee, Culinary, Dairy, Drinks, and Recipes. It develops and markets its products under brands such as Cerelac, Nescafe, Nido, Maggi, Milo, etc. The company has Food and Beverage reportable segments. The Food segment engaged in the production and sale of Maggi, Cerelac, SMA, Nan, Lactogen, and Golden Morn. The Beverage segment consists of the production and sale of Milo, Chocomilo, Nido, Nescafe, Milo ready-to-drink, and Nestle Pure Life. The Food segment generates the majority of the revenue. Geographically, the majority of the revenue is generated from Nigeria.
74GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦3,125.00
Price
₦2,167.68
GF Value