Nation Media Group (NAI:NMG) Days Inventory : 146.40 (As of Dec. 2023)

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What is Nation Media Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nation Media Group's Average Total Inventories for the six months ended in Dec. 2023 was KES691 Mil. Nation Media Group's Cost of Goods Sold for the six months ended in Dec. 2023 was KES1,723 Mil. Hence, Nation Media Group's Days Inventory for the six months ended in Dec. 2023 was 73.20.

The historical rank and industry rank for Nation Media Group's Days Inventory or its related term are showing as below:

NAI:NMG' s Days Inventory Range Over the Past 10 Years
Min: 136.85 Med: 175.55 Max: 194.28
Current: 146.4

During the past 13 years, Nation Media Group's highest Days Inventory was 194.28. The lowest was 136.85. And the median was 175.55.

NAI:NMG's Days Inventory is ranked worse than
82.85% of 653 companies
in the Media - Diversified industry
Industry Median: 26.06 vs NAI:NMG: 146.40

Nation Media Group's Days Inventory declined from Dec. 2021 (171.79) to Dec. 2023 (146.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nation Media Group's Inventory Turnover for the six months ended in Dec. 2023 was 2.49.

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. Nation Media Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.10.

Nation Media Group Days Inventory Historical Data

The historical data trend for Nation Media 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.

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Nation Media Group Days Inventory Chart

Nation Media Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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178.36

187.29

171.79

178.87

146.40

Nation Media Group Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Days Inventory	Get a 7-Day Free Trial											178.36	187.29	171.79	178.87	146.40

Competitive Comparison of Nation Media Group's Days Inventory

For the Entertainment subindustry, Nation Media 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.

Nation Media Group's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nation Media Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nation Media Group's Days Inventory falls into.

Nation Media Group Days Inventory Calculation

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

Nation Media Group'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
=	( (776.8	+	605.6)	/	2 )	/	1723.3	*	365
=	691.2					/	1723.3	*	365
=	146.40

Nation Media Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (776.8	+	605.6)	/	2 )	/	1723.3	*	365 / 2
=	691.2					/	1723.3	*	365 / 2
=	73.20

Nation Media Group (NAI:NMG) 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.

Nation Media Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1723.3	/	691.2
	=	2.49

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.

Nation Media Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	691.2	/	7116.2
	=	0.10

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.

Nation Media Group Days Inventory Related Terms

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

Nation Media Group (NAI:NMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Nation Media Group PLC (NAI:NMG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kimathi Street, P. O Box 49010, Nation Centre, Nairobi, KEN, 00100

Website

https://www.nationmedia.com

Nation Media Group PLC is a media house in East and Central Africa. Its principal activities of the group are the publication, printing, and distribution of newspapers and magazines, radio and television broadcasting, and digital online products. It has businesses in television networks, film, and TV entertainment and delivers content on a multi-platform basis. Its operating segments are Newspapers & Digital and broadcasting. It generated the majority of its revenue from Newspapers & Digital segments that are engaged in the sale of newspapers, advertisements published in the newspapers, advertisements in the digital platforms, and subscriptions of e-paper.