Nizhnekamskshina PJSC (MIC:NKSH) Days Inventory: 4.34 (As of Dec. 2022)


MIC:NKSH Nizhnekamskshina PJSC MIC:NKSH
17 GF Score
Price ₽27.35
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What is Nizhnekamskshina PJSC Days Inventory?

Nizhnekamskshina PJSC MIC:NKSH -0.91% 17 Days Inventory is 4.34 as of Dec. 2022. GuruFocus rates MIC:NKSH with a GF Score™ of 17/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Nizhnekamskshina PJSC's Average Total Inventories for the six months ended in Dec. 2022 was ₽86 Mil. Nizhnekamskshina PJSC's Cost of Goods Sold for the six months ended in Dec. 2022 was ₽3,597 Mil. Hence, Nizhnekamskshina PJSC's Days Inventory for the six months ended in Dec. 2022 was 4.34.

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

MIC:NKSH's Days Inventory is not ranked *
in the Vehicles & Parts industry.
Industry Median: 80.43
* Ranked among companies with meaningful Days Inventory only.

Nizhnekamskshina PJSC's Days Inventory declined from Dec. 2021 (6.09) to Dec. 2022 (4.34).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nizhnekamskshina PJSC's Inventory Turnover for the six months ended in Dec. 2022 was 42.03.

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. Nizhnekamskshina PJSC's Inventory-to-Revenue for the six months ended in Dec. 2022 was 0.02.


Nizhnekamskshina PJSC  (MIC:NKSH) 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.

Nizhnekamskshina PJSC's Inventory Turnover for the six months ended in Dec. 2022 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.

Nizhnekamskshina PJSC's Inventory to Revenue for the six months ended in Dec. 2022 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.


Nizhnekamskshina PJSC Days Inventory Related Terms


Nizhnekamskshina PJSC Days Inventory Historical Data

* Premium members only.

The historical data trend for Nizhnekamskshina PJSC'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.

Nizhnekamskshina PJSC Days Inventory Chart

Nizhnekamskshina PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.85 4.01 4.30 5.67 4.35

Nizhnekamskshina PJSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 6.57 6.24 6.09 4.61 4.34

MIC:NKSH vs MBLY, APTV: Days Inventory Comparison

For the Auto Parts subindustry, Nizhnekamskshina PJSC'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.


Nizhnekamskshina PJSC Days Inventory vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nizhnekamskshina PJSC's Days Inventory distribution charts can be found below:

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


MIC:NKSH
17GF Score
Nizhnekamskshina PJSC MIC:NKSH
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Nizhnekamskshina PJSC Days Inventory Calculation

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

Nizhnekamskshina PJSC's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (107.196 + 74.769) / 2 ) / 7626.545*365
=90.9825 / 7626.545*365
=4.35

Nizhnekamskshina PJSC's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

Days Inventory (Q: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (96.384 + 74.769) / 2 ) / 3596.921*365 / 2
=85.5765 / 3596.921*365 / 2
=4.34

* 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 4.34 mean?
Nizhnekamskshina PJSC (MIC:NKSH) has a Days Inventory of 4.34 as of Dec. 2022. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nizhnekamskshina PJSC and its competitors.
Is Nizhnekamskshina PJSC's Days Inventory too high?
Nizhnekamskshina PJSC's current Days Inventory is 4.34. The Vehicles & Parts industry median Days Inventory is 80.43. Nizhnekamskshina PJSC's value of 4.34 is 94.6% below this industry median. Overall, Nizhnekamskshina PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Nizhnekamskshina PJSC's Days Inventory compare to MBLY and APTV?
Nizhnekamskshina PJSC's Days Inventory of 4.34 can be compared against companies in the Vehicles & Parts industry. The industry median Days Inventory is 80.43. Nizhnekamskshina PJSC's value of 4.34 is 94.6% 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 Vehicles & Parts company?
The median Days Inventory among Vehicles & Parts companies is 80.43, based on 1,294 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. Nizhnekamskshina PJSC's current Days Inventory of 4.34 is 94.6% 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 Nizhnekamskshina PJSC and its competitors. For the Vehicles & Parts industry, the median Days Inventory is 80.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nizhnekamskshina PJSC's current Days Inventory is 4.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nizhnekamskshina PJSC stock overvalued right now?
Nizhnekamskshina PJSC (MIC:NKSH) has a current Days Inventory of 4.34. The current Days Inventory is 4.34 and 94.6% below the Vehicles & Parts industry median of 80.43. Nizhnekamskshina PJSC'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 Nizhnekamskshina PJSC (MIC:NKSH), the current Days Inventory is 4.34 as of Dec. 2022. 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.

Nizhnekamskshina PJSC Business Description

Address Republic Of Tatarstan, Territory of industrial zone, Building 116, office 1., Nizhnekamsk, RUS, 423580
Nizhnekamskshina PJSC is a Russian company engaged in the manufacture of tires for passenger cars and light-duty tires in the CIS countries.
17GF Score

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