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Nictus (JSE:NCS) Days Inventory : 93.93 (As of Mar. 2025)


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What is Nictus Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nictus's Average Total Inventories for the six months ended in Mar. 2025 was R9.51 Mil. Nictus's Cost of Goods Sold for the six months ended in Mar. 2025 was R18.47 Mil. Hence, Nictus's Days Inventory for the six months ended in Mar. 2025 was 93.93.

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: 84.84   Med: 149.87   Max: 189.6
Current: 96.73

During the past 13 years, Nictus's highest Days Inventory was 189.60. The lowest was 84.84. And the median was 149.87.

JSE:NCS's Days Inventory is ranked better than
55.07% of 1084 companies
in the Retail - Cyclical industry
Industry Median: 109.555 vs JSE:NCS: 96.73

Nictus's Days Inventory declined from Mar. 2024 (95.86) to Mar. 2025 (93.93).

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. 2025 was 1.94.

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. 2025 was 0.32.


Nictus Days Inventory Historical Data

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.

* Premium members only.

Nictus Days Inventory Chart

Nictus Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 145.84 154.14 128.13 115.47 84.84

Nictus Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 115.38 152.79 95.86 111.95 93.93

Competitive Comparison of Nictus's Days Inventory

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's Days Inventory Distribution in the 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.


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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. 2025 is calculated as

Days Inventory (A: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2024 ) + Total Inventories (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (9.544 + 7.151) / 2 ) / 35.914*365
=8.3475 / 35.914*365
=84.84

Nictus's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (11.859 + 7.151) / 2 ) / 18.468*365 / 2
=9.505 / 18.468*365 / 2
=93.93

* 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  (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. 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.

Nictus's Inventory to Revenue for the six months ended in Mar. 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.


Nictus Days Inventory Related Terms

Thank you for viewing the detailed overview of Nictus's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Nictus Business Description

Traded in Other Exchanges
N/A
Address
Block C, 1st Floor, 392 Main Road, 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.

Nictus Headlines

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