Days Inventory is also known as Days Sales of Inventory (DSI). NovaBev Group's Average Total Inventories for the
six
months ended in Dec. 2023 was ₽30,140 Mil. NovaBev Group's Cost of Goods Sold for the
six
months ended in Dec. 2023 was ₽44,506 Mil.
Hence, NovaBev Group's Days Inventory for the
six
months ended in Dec. 2023 was 123.59.
The historical rank and industry rank for NovaBev Group's Days Inventory or its related term are showing as below:
MIC:BELU's Days Inventory is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 158.52 * Ranked among companies with meaningful Days Inventory only.
NovaBev Group's Days Inventory
declined
from Dec. 2022 (131.30) to Dec. 2023 (123.59).
Inventory Turnover measures how fast the company turns over its inventory within a year.
NovaBev Group's Inventory Turnover for the
six
months ended in Dec. 2023 was 1.48.
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.
NovaBev Group's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.44.
NovaBev Group (MIC:BELU) 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.
NovaBev Group's Inventory Turnover for the
six
months ended in Dec. 2023 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.
NovaBev Group's Inventory to Revenue for the
six
months ended in Dec. 2023 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.
NovaBev Group Days Inventory Related Terms
NovaBev Group Days Inventory Historical Data
* Premium members only.
The historical data trend for NovaBev Group'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.
For the Beverages - Wineries & Distilleries subindustry, NovaBev Group'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.
NovaBev Group Days Inventory vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, NovaBev Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where NovaBev Group'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.
NovaBev Group (MIC:BELU) has a Days Inventory of 123.59 as of Dec. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on NovaBev Group and its competitors.
Is NovaBev Group's Days Inventory too high?
NovaBev Group's current Days Inventory is 123.59. The Beverages - Alcoholic industry median Days Inventory is 158.52. NovaBev Group's value of 123.59 is 22% below this industry median. Overall, NovaBev Group has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does NovaBev Group's Days Inventory compare to BF.B?
NovaBev Group's Days Inventory of 123.59 can be compared against companies in the Beverages - Alcoholic industry. The industry median Days Inventory is 158.52. NovaBev Group's value of 123.59 is 22% below this benchmark. 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 Beverages - Alcoholic company?
The median Days Inventory among Beverages - Alcoholic companies is 158.52, based on 201 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. NovaBev Group's current Days Inventory of 123.59 is 22% 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 NovaBev Group and its competitors. For the Beverages - Alcoholic industry, the median Days Inventory is 158.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NovaBev Group's current Days Inventory is 123.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NovaBev Group stock overvalued right now?
NovaBev Group (MIC:BELU) has a current Days Inventory of 123.59. The current Days Inventory is 123.59 and 22% below the Beverages - Alcoholic industry median of 158.52. NovaBev Group's overall GF Score™ is 17/100. 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 NovaBev Group (MIC:BELU), the current Days Inventory is 123.59 as of Dec. 2023. 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.
NovaBev Group is a Russian alcohol and food products and operation of wholesale and retail business. It producer of vodka and distilled beverages, and is one of the main importers of spirits and wine in the country.
17GF Score
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