Nickel IndustriesASX:NIC -1.04%65 Days Inventory is 52.31 as of Dec. 2025, which is 14% above its 10-year median of 45.71. GuruFocus rates ASX:NIC with a GF Score™ of 65/100 and a GF Value™ of A$0.75 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 682 Metals & Mining companies, Nickel Industries ranks better than 74.49% on this metric.
The historical rank and industry rank for Nickel Industries's Days Inventory or its related term are showing as below:
ASX:NIC'
s Days Inventory Range Over the Past 10 Years
Min: 20.11 Med: 45.71 Max: 76.68
Current: 48.8
During the past 8 years, Nickel Industries's highest Days Inventory was 76.68. The lowest was 20.11. And the median was 45.71.
ASX:NIC's Days Inventory is ranked better than 74.49% of 682
companies
in the Metals & Mining industry
Industry Median: 86.01
vs ASX:NIC: 48.80
Nickel Industries's Days Inventory
increased
from Dec. 2024 (33.28) to Dec. 2025 (52.31).
It might indicate that Nickel Industries's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nickel Industries's Inventory Turnover for the
six
months ended in Dec. 2025 was 3.49.
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 Industries's Inventory-to-Revenue for the
six
months ended in Dec. 2025 was 0.25.
Nickel Industries (ASX:NIC) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Nickel Industries's Inventory Turnover for the
six
months ended in Dec. 2025 is calculated as
2. 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 Industries's Inventory to Revenue for the
six
months ended in Dec. 2025 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.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Nickel Industries Days Inventory Related Terms
Nickel Industries Days Inventory Historical Data
* Premium members only.
The historical data trend for Nickel Industries's Days 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 Industries Days Inventory Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Nickel Industries's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nickel Industries Days Inventory vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nickel Industries's Days Inventory distribution charts can be found below:
* The bar in red indicates where Nickel Industries's Days Inventory falls into.
* 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 Industries (ASX:NIC) has a Days Inventory of 52.31 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nickel Industries and its competitors. This is 14% above median its historical median of 45.71. Over the past decade, Nickel Industries' Days Inventory has ranged from 20.11 to 76.68. According to the industry distribution chart, Nickel Industries ranks #174 out of 682 companies in the Metals & Mining industry, placing it in the top 25.5%.
Is Nickel Industries' Days Inventory too high?
Nickel Industries' current Days Inventory of 52.31 is 14% above median its 10-year median of 45.71. Over the past 10 years, this metric has ranged from a low of 20.11 to a high of 76.68. The Metals & Mining industry median Days Inventory is 86.01. Nickel Industries' value of 52.31 is 39.2% below this industry median. Based on the distribution chart, Nickel Industries ranks #174 out of 682 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Nickel Industries has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Industries' Days Inventory compare to competitors?
According to the Metals & Mining industry distribution chart, Nickel Industries ranks #174 out of 682 companies for Days Inventory. This puts Nickel Industries in the upper half of its industry. The industry median Days Inventory is 86.01. Nickel Industries' value of 52.31 is 39.2% below this benchmark. Historically, Nickel Industries' own Days Inventory has ranged from 20.11 to 76.68 over the past decade. While the company's 10-year median is 45.71 vs. the industry median of 86.01, Nickel Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Metals & Mining company?
The median Days Inventory among Metals & Mining companies is 86.01, based on 682 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nickel Industries's current Days Inventory of 52.31 is 39.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nickel Industries and its competitors. For the Metals & Mining industry, the median Days Inventory is 86.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nickel Industries's current Days Inventory is 52.31, which is 14% above median its own 10-year median of 45.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel Industries stock overvalued right now?
Based on GuruFocus' analysis, Nickel Industries (ASX:NIC) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.75, compared to a current price of A$0.95 — trading 26.7% above its estimated fair value. The current Days Inventory is 52.31, which is 14% above median its 10-year median of 45.71 and 39.2% below the Metals & Mining industry median of 86.01. Nickel Industries' overall GF Score™ is 65/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Nickel Industries (ASX:NIC), the current Days Inventory is 52.31 as of Dec. 2025. 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 Industries (ASX:NIC) Overvalued in 2026?
Based on GuruFocus' analysis, Nickel Industries stock appears to be overvalued.
The current stock price of A$0.95 is trading 26.7% above its estimated GF Value™ of A$0.75.
GuruFocus considers Nickel Industries to be Modestly Overvalued.
Key valuation signals for ASX:NIC:
Days Inventory: 52.31 (14% above median its 10-year median of 45.71)
GF Value™: A$0.75 vs. price of A$0.95 (26.7% above fair value)
Industry Position: 39.2% below the Metals & Mining median (#174 of 682)
No single metric tells the full story. See the ASX:NIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. The group has three segments: nickel ore mining in Indonesia, the RKEF projects in Indonesia and Singapore, and the HPAL projects in Indonesia. Its principal operations, located in Indonesia, are the Hengjaya Nickel, Oracle Nickel, and RKEF projects located within the Indonesia Morowali Industrial Park (IMIP), the Angel Nickel RKEF Project within the Indonesia Weda Bay Industrial Park (IWIP), and the Hengjaya Mine, a large tonnage, high grade nickel laterite deposit in proximity to the IMIP.
65GF Score
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