National Mineral Water CoOG (MUS:NMWI) Days Inventory: 177.27 (As of Jun. 2024)

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What is National Mineral Water CoOG Days Inventory?

National Mineral Water CoOG MUS:NMWI Days Inventory is 177.27 as of Jun. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). National Mineral Water CoOG's Average Total Inventories for the three months ended in Jun. 2024 was ر.ع1.85 Mil. National Mineral Water CoOG's Cost of Goods Sold for the three months ended in Jun. 2024 was ر.ع0.95 Mil. Hence, National Mineral Water CoOG's Days Inventory for the three months ended in Jun. 2024 was 177.27.

The historical rank and industry rank for National Mineral Water CoOG's Days Inventory or its related term are showing as below:

MUS:NMWI's Days Inventory is not ranked *
in the Beverages - Non-Alcoholic industry.
Industry Median: 61.16
* Ranked among companies with meaningful Days Inventory only.

National Mineral Water CoOG's Days Inventory increased from Jun. 2023 (143.14) to Jun. 2024 (177.27). It might indicate that National Mineral Water CoOG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. National Mineral Water CoOG's Inventory Turnover for the three months ended in Jun. 2024 was 0.51.

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. National Mineral Water CoOG's Inventory-to-Revenue for the three months ended in Jun. 2024 was 1.25.


National Mineral Water CoOG  (MUS:NMWI) 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.

National Mineral Water CoOG's Inventory Turnover for the three months ended in Jun. 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.

National Mineral Water CoOG's Inventory to Revenue for the three months ended in Jun. 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.


National Mineral Water CoOG Days Inventory Related Terms


National Mineral Water CoOG Days Inventory Historical Data

* Premium members only.

The historical data trend for National Mineral Water CoOG'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.

National Mineral Water CoOG Days Inventory Chart

National Mineral Water CoOG Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.45 59.29 63.06 108.69 162.37

National Mineral Water CoOG Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 143.14 171.89 181.12 198.65 177.27

MUS:NMWI vs MOJO, RMHB, LSTG: Days Inventory Comparison

For the Beverages - Non-Alcoholic subindustry, National Mineral Water CoOG'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.


National Mineral Water CoOG Days Inventory vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, National Mineral Water CoOG's Days Inventory distribution charts can be found below:

* The bar in red indicates where National Mineral Water CoOG's Days Inventory falls into.



National Mineral Water CoOG Days Inventory Calculation

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

National Mineral Water CoOG's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1.639 + 1.717) / 2 ) / 3.772*365
=1.678 / 3.772*365
=162.37

National Mineral Water CoOG's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (1.923 + 1.768) / 2 ) / 0.95*365 / 4
=1.8455 / 0.95*365 / 4
=177.27

* 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 177.27 mean?
National Mineral Water CoOG (MUS:NMWI) has a Days Inventory of 177.27 as of Jun. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on National Mineral Water CoOG and its competitors.
Is National Mineral Water CoOG's Days Inventory too high?
National Mineral Water CoOG's current Days Inventory is 177.27. The Beverages - Non-Alcoholic industry median Days Inventory is 61.16. National Mineral Water CoOG's value of 177.27 is 189.8% above this industry median.
How does National Mineral Water CoOG's Days Inventory compare to MOJO and RMHB?
National Mineral Water CoOG's Days Inventory of 177.27 can be compared against companies in the Beverages - Non-Alcoholic industry. The industry median Days Inventory is 61.16. National Mineral Water CoOG's value of 177.27 is 189.8% above 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 - Non-Alcoholic company?
The median Days Inventory among Beverages - Non-Alcoholic companies is 61.16, based on 115 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. National Mineral Water CoOG's current Days Inventory of 177.27 is 189.8% above 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 National Mineral Water CoOG and its competitors. For the Beverages - Non-Alcoholic industry, the median Days Inventory is 61.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Mineral Water CoOG's current Days Inventory is 177.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Mineral Water CoOG stock overvalued right now?
National Mineral Water CoOG (MUS:NMWI) has a current Days Inventory of 177.27. The current Days Inventory is 177.27 and 189.8% above the Beverages - Non-Alcoholic industry median of 61.16. 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 National Mineral Water CoOG (MUS:NMWI), the current Days Inventory is 177.27 as of Jun. 2024. 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.

National Mineral Water CoOG Business Description

Address P.O. Box 2740, Ruwi, Muscat, OMN, 112
National Mineral Water Co SAOG is an Oman-based company. It is engaged in investment, agency business, import, export, trading in food and non-food products, recycling of polyethylene terephthalate (PET) bottles, and manufacturing of value added PET related products. The company receives maximum revenue from manufacturing. The company operates in two product segments that are Bottled Water and Traded/co-manufactured Products.