Nickel Asia (PHS:NIKL) Change In Inventory: ₱9 Mil (TTM As of Mar. 2026)

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PHS:NIKL Nickel Asia Corp PHS:NIKL
93 GF Score
Price ₱3.76
GF Value ₱4.89
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nickel Asia Change In Inventory?

Nickel Asia PHS:NIKL 93 Change In Inventory is ₱9 Mil as of Mar. 2026. GuruFocus rates PHS:NIKL with a GF Score™ of 93/100 and a GF Value™ of ₱4.89 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Nickel Asia's change in inventory for the quarter that ended in Mar. 2026 was ₱-828 Mil. It means Nickel Asia's inventory increased by ₱828 Mil from Dec. 2025 to Mar. 2026 .

Nickel Asia's change in inventory for the fiscal year that ended in Dec. 2025 was ₱710 Mil. It means Nickel Asia's inventory declined by ₱710 Mil from Dec. 2024 to Dec. 2025 .

Nickel Asia's Total Inventories for the quarter that ended in Mar. 2026 was ₱3,475 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nickel Asia's Days Inventory for the quarter that ended in Mar. 2026 was 145.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nickel Asia's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.63.

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. Nickel Asia's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.00.


Nickel Asia  (PHS:NIKL) Change In Inventory Explanation

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

Nickel Asia's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=3060.9415/1920.686*365 / 4
=145.42

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

Nickel Asia'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.

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

* 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.


Nickel Asia Change In Inventory Related Terms


Nickel Asia Change In Inventory Historical Data

* Premium members only.

The historical data trend for Nickel Asia'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.

Nickel Asia Change In Inventory Chart

Nickel Asia 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 645.32 -151.36 -605.48 -318.60 709.51

Nickel Asia 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 -127.64 1,085.43 -127.78 -120.51 -828.31
PHS:NIKL
93GF Score
Nickel Asia Corp PHS:NIKL
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Nickel Asia 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 ₱9 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 ₱9 Mil mean?
Nickel Asia (PHS:NIKL) has a Change In Inventory of ₱9 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Nickel Asia and its competitors.
Is Nickel Asia's Change In Inventory too high?
Nickel Asia's current Change In Inventory is ₱9 Mil. Overall, Nickel Asia has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Asia's Change In Inventory compare to competitors?
Nickel Asia's Change In Inventory of ₱9 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Change In Inventory depends on the Metals & Mining 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 Nickel Asia and its competitors. Nickel Asia's current Change In Inventory is ₱9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel Asia stock overvalued right now?
Based on GuruFocus' analysis, Nickel Asia (PHS:NIKL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱4.89, compared to a current price of ₱3.76 — trading 23.1% below its estimated fair value. The current Change In Inventory is ₱9 Mil. Nickel Asia's overall GF Score™ is 93/100 with 3 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 Nickel Asia (PHS:NIKL), the current Change In Inventory is ₱9 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 Nickel Asia (PHS:NIKL) Overvalued in 2026?

Based on GuruFocus' analysis, Nickel Asia stock appears to be undervalued. The current stock price of ₱3.76 is trading 23.1% below its estimated GF Value™ of ₱4.89. GuruFocus considers Nickel Asia to be Modestly Undervalued.

Key valuation signals for PHS:NIKL:

  • Change In Inventory: ₱9 Mil
  • GF Value™: ₱4.89 vs. price of ₱3.76 (23.1% below fair value)
  • GF Score™: 93/100 with 3 warning signs

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


Nickel Asia Business Description

Other Exchanges NCKAF:USA
Address 32nd Street, Bonifacio Global City, 28th Floor, NAC Tower, Taguig, PHL, 1634
Nickel Asia Corp is a diversified natural resources development company is principally engaged in the business of producing beneficiated nickel ore, limestone, and quarry materials, rendering of services, and generating revenue from sale of power. The company has three operating segments which is The mining segment which accounts for a majority of the company's revenue includes the mining and exploration of nickel saprolite and limonite ore, limestone, and quarry materials, the services segment includes chartering out of LCT, construction and rendering of services to CBNC, THNC, and other parties and leasing of aircraft to WAISC, and the power segment is into power generation and exploration for geothermal resources.
93GF Score

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

₱3.76
Price
₱4.89
GF Value