Nestle Nigeria (NSA:NSTL) Change In Inventory : ₦-93,985 Mil (TTM As of Sep. 2024)

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What is Nestle Nigeria Change In Inventory?

Nestle Nigeria's change in inventory for the quarter that ended in Sep. 2024 was ₦-29,060 Mil. It means Nestle Nigeria's inventory increased by ₦29,060 Mil from Jun. 2024 to Sep. 2024 .

Nestle Nigeria's change in inventory for the fiscal year that ended in Dec. 2023 was ₦-620 Mil. It means Nestle Nigeria's inventory increased by ₦620 Mil from Dec. 2022 to Dec. 2023 .

Nestle Nigeria's Total Inventories for the quarter that ended in Sep. 2024 was ₦166,003 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 Sep. 2024 was 77.18.

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 Sep. 2024 was 1.18.

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 Sep. 2024 was 0.59.

Nestle Nigeria Change In Inventory Historical Data

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.

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Nestle Nigeria Change In Inventory Chart

Nestle Nigeria Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-10,154.92

-21,657.76

-9,783.42

-32,612.50

-620.26

Nestle Nigeria Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															8,734.04	-14,395.89	-26,995.38	-23,534.11	-29,059.70

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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦-93,985 Mil.

Nestle Nigeria (NSA:NSTL) 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
	=	151667.4725	/	179310.133	*	365 / 4
	=	77.18

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 Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	179310.133	/	151667.4725
	=	1.18

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 Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	151667.4725	/	258317.589
	=	0.59

Nestle Nigeria Change In Inventory Related Terms

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Nestle Nigeria Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nestle Nigeria PLC (NSA:NSTL) » Definitions » Change In Inventory

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Address

22-24, Industrial Avenue, Ilupeju, Lagos, Ikeja, NGA, P.M.B. 21164

Website

https://www.nestle-cwa.com

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 beverages 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. The majority of the revenue is generated from Nigeria.

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