Days Inventory is also known as Days Sales of Inventory (DSI). Nestle Nigeria's Average Total Inventories for the
three
months ended in Dec. 2024 was ₦170,394 Mil. Nestle Nigeria's Cost of Goods Sold for the
three
months ended in Dec. 2024 was ₦193,482 Mil.
Hence, Nestle Nigeria's Days Inventory for the
three
months ended in Dec. 2024 was 80.36.
The historical rank and industry rank for Nestle Nigeria's Days Inventory or its related term are showing as below:
NSA:NESTLE'
s Days Inventory Range Over the Past 10 Years
Min: 47.34 Med: 69.74 Max: 97.42
Current: 76.04
During the past 13 years, Nestle Nigeria's highest Days Inventory was 97.42. The lowest was 47.34. And the median was 69.74.
NSA:NESTLE's Days Inventory is ranked better than 53.9% of 1820
companies
in the Consumer Packaged Goods industry
Industry Median: 81.825
vs NSA:NESTLE: 76.04
Nestle Nigeria's Days Inventory
increased
from Dec. 2023 (78.95) to Dec. 2024 (80.36).
It might indicate that Nestle Nigeria's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nestle Nigeria's Inventory Turnover for the
three
months ended in Dec. 2024 was 1.14.
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.
Nestle Nigeria's Inventory-to-Revenue for the
three
months ended in Dec. 2024 was 0.58.
Nestle Nigeria Days Inventory Historical Data
The historical data trend for Nestle Nigeria'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.
Competitive Comparison of Nestle Nigeria's Days Inventory
For the Packaged Foods subindustry, Nestle Nigeria'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.
Nestle Nigeria's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nestle Nigeria's Days Inventory distribution charts can be found below:
* The bar in red indicates where Nestle Nigeria'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.
Nestle Nigeria (NSA:NESTLE) 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.
Nestle Nigeria's Inventory Turnover for the
three
months ended in Dec. 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.
Nestle Nigeria's Inventory to Revenue for the
three
months ended in Dec. 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.
Nestle Nigeria Days Inventory Related Terms
Thank you for viewing the detailed overview of Nestle Nigeria's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Nestle Nigeria PLC is a food and beverage company. It is involved in the business of manufacturing, marketing, and distribution of food products. The firm has categorized its products into Baby foods, Coffee, Culinary, Dairy, Drinks, and Recipes. It develops and markets its products under brands such as Cerelac, Nescafe, Nido, Maggi, Milo, etc. The company has Food and Beverage reportable segments. The food segment engaged in the production and sale of Maggi, Cerelac, SMA, Nan, Lactogen, and Golden Morn. The beverages segment consists of the production and sale of Milo, Chocomilo, Nido, Nescafe, Milo ready-to-drink, and Nestle Pure Life. The food segment generates the majority of the revenue. The majority of the revenue is generated from Nigeria.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSA:NESTLE has been successfully added to your 