Nickel AsiaNCKAF 92 Days Inventory is 145.43 as of Mar. 2026, which is 49% above its 10-year median of 97.65. GuruFocus rates NCKAF with a GF Score™ of 92/100 and a GF Value™ of $0.06 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 682 Metals & Mining companies, Nickel Asia ranks better than 58.5% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Nickel Asia's Average Total Inventories for the
three
months ended in Mar. 2026 was $49.8 Mil. Nickel Asia's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $31.3 Mil.
Hence, Nickel Asia's Days Inventory for the
three
months ended in Mar. 2026 was 145.43.
The historical rank and industry rank for Nickel Asia's Days Inventory or its related term are showing as below:
NCKAF'
s Days Inventory Range Over the Past 10 Years
Min: 65.57 Med: 97.65 Max: 132.7
Current: 74.35
During the past 13 years, Nickel Asia's highest Days Inventory was 132.70. The lowest was 65.57. And the median was 97.65.
NCKAF's Days Inventory is ranked better than 58.5% of 682
companies
in the Metals & Mining industry
Industry Median: 86.01
vs NCKAF: 74.35
Nickel Asia's Days Inventory
declined
from Mar. 2025 (150.00) to Mar. 2026 (145.43).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nickel Asia's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.63.
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.
Nickel Asia's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 1.00.
Nickel Asia (OTCPK:NCKAF) 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.
Nickel Asia's Inventory Turnover for the
three
months ended in Mar. 2026 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.
Nickel Asia's Inventory to Revenue for the
three
months ended in Mar. 2026 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.
Nickel Asia Days Inventory Related Terms
Nickel Asia Days Inventory Historical Data
* Premium members only.
The historical data trend for Nickel Asia'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 Other Industrial Metals & Mining subindustry, Nickel Asia'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.
Nickel Asia Days Inventory vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nickel Asia's Days Inventory distribution charts can be found below:
* The bar in red indicates where Nickel Asia'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.
Nickel Asia (NCKAF) has a Days Inventory of 145.43 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nickel Asia and its competitors. This is 49% above median its historical median of 97.65. Over the past decade, Nickel Asia's Days Inventory has ranged from 65.57 to 132.70. According to the industry distribution chart, Nickel Asia ranks #283 out of 682 companies in the Metals & Mining industry, placing it in the top 41.5%.
Is Nickel Asia's Days Inventory too high?
Nickel Asia's current Days Inventory of 145.43 is 49% above median its 10-year median of 97.65. Over the past 10 years, this metric has ranged from a low of 65.57 to a high of 132.70. The Metals & Mining industry median Days Inventory is 86.01. Nickel Asia's value of 145.43 is 69.1% above this industry median. Based on the distribution chart, Nickel Asia ranks #283 out of 682 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Nickel Asia has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Asia's Days Inventory compare to competitors?
According to the Metals & Mining industry distribution chart, Nickel Asia ranks #283 out of 682 companies for Days Inventory. This puts Nickel Asia in the upper half of its industry. The industry median Days Inventory is 86.01. Nickel Asia's value of 145.43 is 69.1% above this benchmark. Historically, Nickel Asia's own Days Inventory has ranged from 65.57 to 132.70 over the past decade. While the company's 10-year median is 97.65 vs. the industry median of 86.01, Nickel Asia has consistently been above the industry average. 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 Metals & Mining company?
The median Days Inventory among Metals & Mining companies is 86.01, based on 682 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. Nickel Asia's current Days Inventory of 145.43 is 69.1% 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 Nickel Asia and its competitors. For the Metals & Mining industry, the median Days Inventory is 86.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nickel Asia's current Days Inventory is 145.43, which is 49% above median its own 10-year median of 97.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel Asia stock overvalued right now?
Based on GuruFocus' analysis, Nickel Asia (NCKAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.06, compared to a current price of $0.10 — trading 66.7% above its estimated fair value. The current Days Inventory is 145.43, which is 49% above median its 10-year median of 97.65 and 69.1% above the Metals & Mining industry median of 86.01. Nickel Asia's overall GF Score™ is 92/100 with 3 warning signs to review. 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 Nickel Asia (NCKAF), the current Days Inventory is 145.43 as of Mar. 2026. 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.
Is Nickel Asia (NCKAF) Overvalued in 2026?
Based on GuruFocus' analysis, Nickel Asia stock appears to be overvalued.
The current stock price of $0.10 is trading 66.7% above its estimated GF Value™ of $0.06.
GuruFocus considers Nickel Asia to be Significantly Overvalued.
Key valuation signals for NCKAF:
Days Inventory: 145.43 (49% above median its 10-year median of 97.65)
GF Value™: $0.06 vs. price of $0.10 (66.7% above fair value)
Industry Position: 69.1% above the Metals & Mining median (#283 of 682)
No single metric tells the full story. See the NCKAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nickel Asia Corp is a diversified natural resources development company is principally engaged in the business of producing beneficiated nickel ore, limestone, and quarry materials, rendering of services, and generating revenue from sale of power. The company has three operating segments which is The mining segment which accounts for a majority of the company's revenue includes the mining and exploration of nickel saprolite and limonite ore, limestone, and quarry materials, the services segment includes chartering out of LCT, construction and rendering of services to CBNC, THNC, and other parties and leasing of aircraft to WAISC, and the power segment is into power generation and exploration for geothermal resources.
92GF Score
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