Nictus (JSE:NCS) Days Inventory: 64.01 (As of Mar. 2026) — 56% Below Median

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JSE:NCS Nictus Ltd JSE:NCS
43 GF Score
Price R2.99
GF Value R1.17
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Nictus Days Inventory?

Nictus JSE:NCS 43 Days Inventory is 64.01 as of Mar. 2026, which is 56% below its 10-year median of 147.14. GuruFocus rates JSE:NCS with a GF Score™ of 43/100 and a GF Value™ of R1.17 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,091 Retail - Cyclical companies, Nictus ranks better than 65.99% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Nictus's Average Total Inventories for the six months ended in Mar. 2026 was R4.90 Mil. Nictus's Cost of Goods Sold for the six months ended in Mar. 2026 was R13.98 Mil. Hence, Nictus's Days Inventory for the six months ended in Mar. 2026 was 64.01.

The historical rank and industry rank for Nictus's Days Inventory or its related term are showing as below:

JSE:NCS' s Days Inventory Range Over the Past 10 Years
Min: 65.78   Med: 147.14   Max: 189.6
Current: 71.68

During the past 13 years, Nictus's highest Days Inventory was 189.60. The lowest was 65.78. And the median was 147.14.

JSE:NCS's Days Inventory is ranked better than
65.99% of 1091 companies
in the Retail - Cyclical industry
Industry Median: 105.43 vs JSE:NCS: 71.68

Nictus's Days Inventory declined from Mar. 2025 (93.93) to Mar. 2026 (64.01).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nictus's Inventory Turnover for the six months ended in Mar. 2026 was 2.85.

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. Nictus's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.22.


Nictus  (JSE:NCS) 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.

Nictus's Inventory Turnover for the six months ended in Mar. 2026 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.

Nictus's Inventory to Revenue for the six months 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.


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.


Nictus Days Inventory Related Terms


Nictus Days Inventory Historical Data

* Premium members only.

The historical data trend for Nictus'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.

Nictus Days Inventory Chart

Nictus Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 154.14 128.13 115.47 84.84 65.78

Nictus Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days 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 95.86 111.95 93.93 84.65 64.01

JSE:NCS vs CASY, WSM, DKS: Days Inventory Comparison

For the Specialty Retail subindustry, Nictus'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.


Nictus Days Inventory vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nictus's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nictus's Days Inventory falls into.


JSE:NCS
43GF Score
Nictus Ltd JSE:NCS
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nictus Days Inventory Calculation

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

Nictus's Days Inventory for the fiscal year that ended in Mar. 2026 is calculated as

Days Inventory (A: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (7.151 + 3.225) / 2 ) / 28.785*365
=5.188 / 28.785*365
=65.78

Nictus's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (6.582 + 3.225) / 2 ) / 13.981*365 / 2
=4.9035 / 13.981*365 / 2
=64.01

* 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 Days Inventory →
What does a Days Inventory of 64.01 mean?
Nictus (JSE:NCS) has a Days Inventory of 64.01 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nictus and its competitors. This is 56% below median its historical median of 147.14. Over the past decade, Nictus' Days Inventory has ranged from 65.78 to 189.60. According to the industry distribution chart, Nictus ranks #371 out of 1091 companies in the Retail - Cyclical industry, placing it in the top 34%.
Is Nictus' Days Inventory too high?
Nictus' current Days Inventory of 64.01 is 56% below median its 10-year median of 147.14. Over the past 10 years, this metric has ranged from a low of 65.78 to a high of 189.60. The Retail - Cyclical industry median Days Inventory is 105.43. Nictus' value of 64.01 is 39.3% below this industry median. Based on the distribution chart, Nictus ranks #371 out of 1091 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Nictus has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nictus' Days Inventory compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Nictus ranks #371 out of 1091 companies for Days Inventory. This puts Nictus in the upper half of its industry. The industry median Days Inventory is 105.43. Nictus' value of 64.01 is 39.3% below this benchmark. Historically, Nictus' own Days Inventory has ranged from 65.78 to 189.60 over the past decade. While the company's 10-year median is 147.14 vs. the industry median of 105.43, Nictus 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 Retail - Cyclical company?
The median Days Inventory among Retail - Cyclical companies is 105.43, based on 1,091 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. Nictus's current Days Inventory of 64.01 is 39.3% 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 Nictus and its competitors. For the Retail - Cyclical industry, the median Days Inventory is 105.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nictus's current Days Inventory is 64.01, which is 56% below median its own 10-year median of 147.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nictus stock overvalued right now?
Based on GuruFocus' analysis, Nictus (JSE:NCS) is currently considered Significantly Overvalued. The stock's GF Value™ is R1.17, compared to a current price of R2.99 — trading 155.6% above its estimated fair value. The current Days Inventory is 64.01, which is 56% below median its 10-year median of 147.14 and 39.3% below the Retail - Cyclical industry median of 105.43. Nictus' overall GF Score™ is 43/100 with 6 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 Nictus (JSE:NCS), the current Days Inventory is 64.01 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 Nictus (JSE:NCS) Overvalued in 2026?

Based on GuruFocus' analysis, Nictus stock appears to be overvalued. The current stock price of R2.99 is trading 155.6% above its estimated GF Value™ of R1.17. GuruFocus considers Nictus to be Significantly Overvalued.

Key valuation signals for JSE:NCS:

  • Days Inventory: 64.01 (56% below median its 10-year median of 147.14)
  • GF Value™: R1.17 vs. price of R2.99 (155.6% above fair value)
  • GF Score™: 43/100 with 6 warning signs
  • Industry Position: 39.3% below the Retail - Cyclical median (#371 of 1091)

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


Nictus Business Description

Address 392 Main Road, Block C, 1st Floor, The Main Straight Office Park, Bryanston, ZAF, 2191
Nictus Ltd operates as a retailer of household furniture, electrical appliances, and home electronics through the Nictus Furnishers brand and a short-term insurer through the Corporate Guarantee brand. The company owns three furniture retail stores located in Makhado, Polokwane and Randburg, South Africa. It operates in two segments namely Furniture segment and Insurance segment provides short-term insurance. Majority of the revenue is derived from the retailing of furniture and other products.
43GF Score

Get the complete analysis for JSE:NCS

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

R2.99
Price
R1.17
GF Value