NextSource MaterialsNSRCF +11.59%29 Days Inventory is 2,083.84 as of Mar. 2026, which is 379% above its 10-year median of 435.49. GuruFocus rates NSRCF with a GF Score™ of 29/100. The stock has 7 warning signs investors should review. Among 681 Metals & Mining companies, NextSource Materials ranks worse than 93.98% on this metric.
The historical rank and industry rank for NextSource Materials's Days Inventory or its related term are showing as below:
NSRCF'
s Days Inventory Range Over the Past 10 Years
Min: 340.11 Med: 435.49 Max: 1336.33
Current: 529.57
During the past 13 years, NextSource Materials's highest Days Inventory was 1336.33. The lowest was 340.11. And the median was 435.49.
NSRCF's Days Inventory is ranked worse than 93.98% of 681
companies
in the Metals & Mining industry
Industry Median: 85.61
vs NSRCF: 529.57
NextSource Materials's Days Inventory
increased
from Mar. 2025 (1,075.11) to Mar. 2026 (2,083.84).
It might indicate that NextSource Materials's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
NextSource Materials's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.04.
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.
NextSource Materials's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 41.14.
NextSource Materials (OTCPK:NSRCF) 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.
NextSource Materials'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.
NextSource Materials'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.
NextSource Materials Days Inventory Related Terms
NextSource Materials Days Inventory Historical Data
* Premium members only.
The historical data trend for NextSource Materials'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.
NextSource Materials Days Inventory Competitor Comparison
For the Other Industrial Metals & Mining subindustry, NextSource Materials'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.
NextSource Materials Days Inventory vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, NextSource Materials's Days Inventory distribution charts can be found below:
* The bar in red indicates where NextSource Materials'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.
NextSource Materials (NSRCF) has a Days Inventory of 2,083.84 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on NextSource Materials and its competitors. This is 379% above median its historical median of 435.49. Over the past decade, NextSource Materials' Days Inventory has ranged from 340.11 to 1,336.33. According to the industry distribution chart, NextSource Materials ranks #640 out of 681 companies in the Metals & Mining industry, placing it in the top 94%.
Is NextSource Materials' Days Inventory too high?
NextSource Materials' current Days Inventory of 2,083.84 is 379% above median its 10-year median of 435.49. Over the past 10 years, this metric has ranged from a low of 340.11 to a high of 1,336.33. The Metals & Mining industry median Days Inventory is 85.61. NextSource Materials' value of 2,083.84 is 2334.1% above this industry median. Based on the distribution chart, NextSource Materials ranks #640 out of 681 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, NextSource Materials has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does NextSource Materials' Days Inventory compare to competitors?
According to the Metals & Mining industry distribution chart, NextSource Materials ranks #640 out of 681 companies for Days Inventory. This places NextSource Materials in the lower half of its industry. The industry median Days Inventory is 85.61. NextSource Materials' value of 2,083.84 is 2334.1% above this benchmark. Historically, NextSource Materials' own Days Inventory has ranged from 340.11 to 1,336.33 over the past decade. While the company's 10-year median is 435.49 vs. the industry median of 85.61, NextSource Materials 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 85.61, based on 681 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. NextSource Materials's current Days Inventory of 2,083.84 is 2334.1% 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 NextSource Materials and its competitors. For the Metals & Mining industry, the median Days Inventory is 85.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NextSource Materials's current Days Inventory is 2,083.84, which is 379% above median its own 10-year median of 435.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextSource Materials stock overvalued right now?
NextSource Materials (NSRCF) has a current Days Inventory of 2,083.84. The current Days Inventory is 2,083.84, which is 379% above median its 10-year median of 435.49 and 2334.1% above the Metals & Mining industry median of 85.61. NextSource Materials' overall GF Score™ is 29/100 with 7 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 NextSource Materials (NSRCF), the current Days Inventory is 2,083.84 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.
NextSource Materials Inc is a strategic materials development company based in Toronto, Canada. The Company has two operating segments, consisting of mine development and BAF development. No commercial revenues have been generated by the Companys' segments. The company's Molo graphite project in Madagascar is one of the widely known and highest-quality graphite deposits globally and contains SuperFlake graphite. It also holds an interest in Green Giant Vanadium Project. Maximum of revenue is earned from Canada, followed by Madagascar, and Mauritius.
29GF Score
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