Nigerian BreweriesNSA:NB 64 Days Inventory is 71.56 as of Mar. 2026, which is 4% above its 10-year median of 68.57. GuruFocus rates NSA:NB with a GF Score™ of 64/100 and a GF Value™ of ₦30.66 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 203 Beverages - Alcoholic companies, Nigerian Breweries ranks better than 73.4% on this metric.
The historical rank and industry rank for Nigerian Breweries's Days Inventory or its related term are showing as below:
NSA:NB'
s Days Inventory Range Over the Past 10 Years
Min: 61.09 Med: 68.57 Max: 96.93
Current: 78.35
During the past 13 years, Nigerian Breweries's highest Days Inventory was 96.93. The lowest was 61.09. And the median was 68.57.
NSA:NB's Days Inventory is ranked better than 73.4% of 203
companies
in the Beverages - Alcoholic industry
Industry Median: 163.82
vs NSA:NB: 78.35
Nigerian Breweries's Days Inventory
declined
from Mar. 2025 (76.83) to Mar. 2026 (71.56).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nigerian Breweries's Inventory Turnover for the
three
months ended in Mar. 2026 was 1.28.
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.
Nigerian Breweries's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.44.
Nigerian Breweries (NSA:NB) 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.
Nigerian Breweries'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.
Nigerian Breweries'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.
Nigerian Breweries Days Inventory Related Terms
Nigerian Breweries Days Inventory Historical Data
* Premium members only.
The historical data trend for Nigerian Breweries'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.
NSA:NB vs BUD, STZ, TAP: Days Inventory Comparison
For the Beverages - Brewers subindustry, Nigerian Breweries'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.
Nigerian Breweries Days Inventory vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Nigerian Breweries's Days Inventory distribution charts can be found below:
* The bar in red indicates where Nigerian Breweries'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.
Nigerian Breweries (NSA:NB) has a Days Inventory of 71.56 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nigerian Breweries and its competitors. This is near median its historical median of 68.57. Over the past decade, Nigerian Breweries' Days Inventory has ranged from 61.09 to 96.93. According to the industry distribution chart, Nigerian Breweries ranks #54 out of 203 companies in the Beverages - Alcoholic industry, placing it in the top 26.6%.
Is Nigerian Breweries' Days Inventory too high?
Nigerian Breweries' current Days Inventory of 71.56 is near median its 10-year median of 68.57. Over the past 10 years, this metric has ranged from a low of 61.09 to a high of 96.93. The Beverages - Alcoholic industry median Days Inventory is 163.82. Nigerian Breweries' value of 71.56 is 56.3% below this industry median. Based on the distribution chart, Nigerian Breweries ranks #54 out of 203 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Nigerian Breweries has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nigerian Breweries' Days Inventory compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Nigerian Breweries ranks #54 out of 203 companies for Days Inventory. This puts Nigerian Breweries in the upper half of its industry. The industry median Days Inventory is 163.82. Nigerian Breweries' value of 71.56 is 56.3% below this benchmark. Historically, Nigerian Breweries' own Days Inventory has ranged from 61.09 to 96.93 over the past decade. While the company's 10-year median is 68.57 vs. the industry median of 163.82, Nigerian Breweries has consistently been below 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 Beverages - Alcoholic company?
The median Days Inventory among Beverages - Alcoholic companies is 163.82, based on 203 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. Nigerian Breweries's current Days Inventory of 71.56 is 56.3% 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 Nigerian Breweries and its competitors. For the Beverages - Alcoholic industry, the median Days Inventory is 163.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nigerian Breweries's current Days Inventory is 71.56, which is near median its own 10-year median of 68.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nigerian Breweries stock overvalued right now?
Based on GuruFocus' analysis, Nigerian Breweries (NSA:NB) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦30.66, compared to a current price of ₦72.50 — trading 136.5% above its estimated fair value. The current Days Inventory is 71.56, which is near median its 10-year median of 68.57 and 56.3% below the Beverages - Alcoholic industry median of 163.82. Nigerian Breweries' overall GF Score™ is 64/100 with 2 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 Nigerian Breweries (NSA:NB), the current Days Inventory is 71.56 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 Nigerian Breweries (NSA:NB) Overvalued in 2026?
Based on GuruFocus' analysis, Nigerian Breweries stock appears to be overvalued.
The current stock price of ₦72.50 is trading 136.5% above its estimated GF Value™ of ₦30.66.
GuruFocus considers Nigerian Breweries to be Significantly Overvalued.
Key valuation signals for NSA:NB:
Days Inventory: 71.56 (near median its 10-year median of 68.57)
GF Value™: ₦30.66 vs. price of ₦72.50 (136.5% above fair value)
Industry Position: 56.3% below the Beverages - Alcoholic median (#54 of 203)
No single metric tells the full story. See the NSA:NB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nigerian Breweries PLC is a Brewing firm. The company's principal activities are brewing, marketing, and selling lager, stout, non-alcoholic malt, and soft drinks. Geographically, it derives a majority of its revenue from Nigeria and also has a presence in the United Kingdom, the Netherlands, the United States of America, Canada, some parts of Africa, and parts of the Middle East and Asia. The company's brands include Star, Goldberg, Turbo King, Ace Bitters, Gulder, Maltina, Legend Extra Stout, Amstel Malta, Heineken, Maltina Sip-it, Fayrouz, Goldberg, Malta Gold, and others.
64GF Score
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