The Initiates (NSA:TIP) Days Inventory: 0.00 (As of . 20)

What is The Initiates Days Inventory?

The Initiates NSA:TIP +3.20% Days Inventory is 0.00 as of . 20. The stock has 2 warning signs investors should review. Among 215 Waste Management companies, The Initiates ranks worse than 465115.81% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). The Initiates's Average Total Inventories for the six months ended in . 20 was ₦0.00 Mil. The Initiates's Cost of Goods Sold for the six months ended in . 20 was ₦0.00 Mil.

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

NSA:TIP's Days Inventory is not ranked ^*
in the Waste Management industry.
Industry Median: 28.49
* Ranked among companies with meaningful Days Inventory only.

The Initiates's Days Inventory stayed the same from . 20 (0.00) to . 20 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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.

The Initiates (NSA:TIP) 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.

The Initiates's Inventory Turnover for the six months ended in . 20 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=		/	0
	=

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.

The Initiates's Inventory to Revenue for the six months ended in . 20 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/
	=

* 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.

The Initiates Days Inventory Related Terms

The Initiates Days Inventory Historical Data

* Premium members only.

The historical data trend for The Initiates's Days Inventory can be seen below:

The Initiates Days Inventory Chart

The Initiates Annual Data

Trend

Days Inventory

The Initiates Semi-Annual Data

Days Inventory

NSA:TIP vs CWSS, ECMT, GETH: Days Inventory Comparison

For the Waste Management subindustry, The Initiates'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.

The Initiates Days Inventory vs Waste Management Industry

For the Waste Management industry and Industrials sector, The Initiates's Days Inventory distribution charts can be found below:

* The bar in red indicates where The Initiates's Days Inventory falls into.

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The Initiates Days Inventory Calculation

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

The Initiates's Days Inventory for the fiscal year that ended in . 20 is calculated as

	Days Inventory (A: . 20 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: . 20 )	+	Total Inventories (A: . 20 ))	/	count )	/	Cost of Goods Sold (A: . 20 )	*	Days in Period
=	( (	+	)	/	1 )	/		*	365
=	0					/		*	365
=	N/A

The Initiates's Days Inventory for the quarter that ended in . 20 is calculated as:

	Days Inventory (Q: . 20 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: . 20 )	+	Total Inventories (Q: . 20 ))	/	count )	/	Cost of Goods Sold (Q: . 20 )	*	Days in Period
=	( (	+	)	/	1 )	/		*	365 / 2
=	0					/		*	365 / 2
=	N/A

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 0.00 mean?

The Initiates (NSA:TIP) has a Days Inventory of 0.00 as of . 20. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on The Initiates and its competitors. According to the industry distribution chart, The Initiates ranks #999999 out of 215 companies in the Waste Management industry.

Is The Initiates' Days Inventory too high?

The Initiates' current Days Inventory is 0.00. Based on the distribution chart, The Initiates ranks #999999 out of 215 companies in the Waste Management industry, which is in the bottom quartile relative to peers.

How does The Initiates' Days Inventory compare to CWSS and ECMT?

According to the Waste Management industry distribution chart, The Initiates ranks #999999 out of 215 companies for Days Inventory. This places The Initiates in the lower half of its industry. The industry median Days Inventory is 28.49. 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 Waste Management company?

The median Days Inventory among Waste Management companies is 28.49, based on 215 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. 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 The Initiates and its competitors. For the Waste Management industry, the median Days Inventory is 28.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Initiates's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is The Initiates stock overvalued right now?

The Initiates (NSA:TIP) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. 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 The Initiates (NSA:TIP), the current Days Inventory is 0.00 as of . 20. 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.

The Initiates Business Description

Industry Industrials Waste Management

Comparable Companies MIC:VTRS NGM:METV MTF WAR:ATO CWSS BOM:539515 ECMT WAR:GRE WAR:DRP WAR:SAP GETH WAR:IVE ECEZ XCNQ:LUX XCNQ:BAC WAR:BER TSXV:CVR XKLS:7163 WAR:GTS LSE:NGR BOM:533427

Address Plot 400, Location Road, Off Aba/PH Expressway, P.O. BOX 7242, Umuebule 5, Port Harcourt, Rivers State, NGA

Website https://www.initiatesgroup.com

The Initiates PLC is a professional waste management company. The company is engaged in delivering Waste Management, Industrial Cleaning and Decontamination services to both Private and Public sectors. It has a multi-disciplinary and flexible workforce and all relevant permits necessary for delivering waste management and industrial cleaning services.