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Ninety One (JSE:NY1) Days Inventory : 0.00 (As of Sep. 2024)


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What is Ninety One Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ninety One's Average Total Inventories for the six months ended in Sep. 2024 was R0 Mil. Ninety One's Cost of Goods Sold for the six months ended in Sep. 2024 was R4,240 Mil. Hence, Ninety One's Days Inventory for the six months ended in Sep. 2024 was 0.00.

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

JSE:NY1's Days Inventory is not ranked *
in the Asset Management industry.
Industry Median: 75.7
* Ranked among companies with meaningful Days Inventory only.

Ninety One's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00).

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

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. Ninety One's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.00.


Ninety One Days Inventory Historical Data

The historical data trend for Ninety One'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.

Ninety One Days Inventory Chart

Ninety One Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
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Ninety One Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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Competitive Comparison of Ninety One's Days Inventory

For the Asset Management subindustry, Ninety One'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.


Ninety One's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ninety One's Days Inventory distribution charts can be found below:

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


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Ninety One Days Inventory Calculation

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

Ninety One's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 7666.049*365
=0 / 7666.049*365
=0.00

Ninety One's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 4240.44*365 / 2
=0 / 4240.44*365 / 2
=0.00

* 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.


Ninety One  (JSE:NY1) 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.

Ninety One's Inventory Turnover for the six months ended in Sep. 2024 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.

Ninety One's Inventory to Revenue for the six months ended in Sep. 2024 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.


Ninety One Days Inventory Related Terms

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


Ninety One Business Description

Traded in Other Exchanges
N/A
Address
36 Hans Strijdom Avenue, Foreshore, Cape Town, WC, ZAF, 8001
Ninety One Ltd is an asset manager. The company provides a range of differentiated strategies managed by its specialist investment teams, providing access to a diverse range of asset classes and regions. It serves its client base via five regional teams namely Africa, the United Kingdom, Asia Pacific, the Americas and Europe and across two distribution channels Institutional and Advisor. Institutional clients include private and public sector pension funds, sovereign wealth funds, insurers, corporates, foundations and central banks, while Advisor clients include large retail groups, wealth managers, private banks and intermediaries serving individual investors.

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