Nascent Wine Co (Nascent Wine Co) Days Inventory : 60.93 (As of Sep. 2008)

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What is Nascent Wine Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nascent Wine Co's Average Total Inventories for the three months ended in Sep. 2008 was $2.13 Mil. Nascent Wine Co's Cost of Goods Sold for the three months ended in Sep. 2008 was $3.19 Mil. Hence, Nascent Wine Co's Days Inventory for the three months ended in Sep. 2008 was 60.93.

The historical rank and industry rank for Nascent Wine Co's Days Inventory or its related term are showing as below:

NCTW's Days Inventory is not ranked ^*
in the Retail - Defensive industry.
Industry Median: 36.41
* Ranked among companies with meaningful Days Inventory only.

Nascent Wine Co's Days Inventory increased from Sep. 2007 (41.23) to Sep. 2008 (60.93). It might indicate that Nascent Wine Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nascent Wine Co's Inventory Turnover for the three months ended in Sep. 2008 was 1.50.

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. Nascent Wine Co's Inventory-to-Revenue for the three months ended in Sep. 2008 was 0.52.

Nascent Wine Co Days Inventory Historical Data

The historical data trend for Nascent Wine Co'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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Nascent Wine Co Days Inventory Chart

Nascent Wine Co Annual Data

Trend

Dec05

Dec06

Dec07

Days Inventory

730.00

52.24

34.07

Nascent Wine Co Quarterly Data
	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Days Inventory	Get a 7-Day Free Trial									41.23	33.42	44.74	63.17	60.93

Competitive Comparison of Nascent Wine Co's Days Inventory

For the Food Distribution subindustry, Nascent Wine Co'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.

Nascent Wine Co's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Nascent Wine Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nascent Wine Co's Days Inventory falls into.

Nascent Wine Co Days Inventory Calculation

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

Nascent Wine Co's Days Inventory for the fiscal year that ended in Dec. 2007 is calculated as

	Days Inventory (A: Dec. 2007 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2006 )	+	Total Inventories (A: Dec. 2007 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2007 )	*	Days in Period
=	( (1.137	+	5.504)	/	2 )	/	35.575	*	365
=	3.3205					/	35.575	*	365
=	34.07

Nascent Wine Co's Days Inventory for the quarter that ended in Sep. 2008 is calculated as:

	Days Inventory (Q: Sep. 2008 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2008 )	+	Total Inventories (Q: Sep. 2008 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2008 )	*	Days in Period
=	( (2.065	+	2.194)	/	2 )	/	3.189	*	365 / 4
=	2.1295					/	3.189	*	365 / 4
=	60.93

Nascent Wine Co (OTCPK:NCTW) 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.

Nascent Wine Co's Inventory Turnover for the three months ended in Sep. 2008 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.189	/	2.1295
	=	1.50

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.

Nascent Wine Co's Inventory to Revenue for the three months ended in Sep. 2008 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.1295	/	4.095
	=	0.52

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.

Nascent Wine Co Days Inventory Related Terms

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

Nascent Wine Co (Nascent Wine Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Nascent Wine Co Inc (OTCPK:NCTW) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

12055 East Broadway Boulevard, Tucson, AZ, USA, 85748

Website

http://www.pianconegroup.com

Nascent Wine Co Inc engages in the distribution of food and non-food products. It distributes a full line of frozen foods, such as meats, fully prepared entrees & desserts, and a full line of canned and dry goods, fresh meats and imported specialties.

Executives

Jgd Management Corp /ny	director, 10 percent owner	767 FIFTH AVENUE, 17TH FLOOR, NEW YORK NY 10153
James E Buckman	director	YORK CAPITAL MANAGEMENT, 767 5TH AVENUE - 17TH FLOOR, NEW YORK NY 10153

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