Next (NXGPF) Days Inventory: 86.50 (As of Jan. 2026) — Near Median


NXGPF Next PLC NXGPF
89 GF Score
Price $197.60
GF Value $174.05
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Next Days Inventory?

Next NXGPF 89 Days Inventory is 86.50 as of Jan. 2026, which is 6% above its 10-year median of 81.57. GuruFocus rates NXGPF with a GF Score™ of 89/100 and a GF Value™ of $174.05 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,087 Retail - Cyclical companies, Next ranks better than 56.76% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Next's Average Total Inventories for the six months ended in Jan. 2026 was $1,337 Mil. Next's Cost of Goods Sold for the six months ended in Jan. 2026 was $2,822 Mil. Hence, Next's Days Inventory for the six months ended in Jan. 2026 was 86.50.

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

NXGPF' s Days Inventory Range Over the Past 10 Years
Min: 62.2   Med: 81.57   Max: 89.78
Current: 89.78

During the past 13 years, Next's highest Days Inventory was 89.78. The lowest was 62.20. And the median was 81.57.

NXGPF's Days Inventory is ranked better than
56.76% of 1087 companies
in the Retail - Cyclical industry
Industry Median: 104.57 vs NXGPF: 89.78

Next's Days Inventory declined from Jan. 2025 (89.64) to Jan. 2026 (86.50).

Inventory Turnover measures how fast the company turns over its inventory within a year. Next's Inventory Turnover for the six months ended in Jan. 2026 was 2.11.

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. Next's Inventory-to-Revenue for the six months ended in Jan. 2026 was 0.26.


Next  (OTCPK:NXGPF) 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.

Next's Inventory Turnover for the six months ended in Jan. 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.

Next's Inventory to Revenue for the six months ended in Jan. 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.


Next Days Inventory Related Terms


Next Days Inventory Historical Data

* Premium members only.

The historical data trend for Next'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.

Next Days Inventory Chart

Next Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.70 87.01 83.62 86.93 82.37

Next Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 80.78 92.53 89.64 93.97 86.50

NXGPF vs TJX, ROST, BURL: Days Inventory Comparison

For the Apparel Retail subindustry, Next'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.


Next Days Inventory vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Next's Days Inventory distribution charts can be found below:

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


NXGPF
89GF Score
Next PLC NXGPF
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Next Days Inventory Calculation

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

Next's Days Inventory for the fiscal year that ended in Jan. 2026 is calculated as

Days Inventory (A: Jan. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2025 ) + Total Inventories (A: Jan. 2026 )) / count ) / Cost of Goods Sold (A: Jan. 2026 )*Days in Period
=( (1069.468 + 1284.844) / 2 ) / 5215.968*365
=1177.156 / 5215.968*365
=82.37

Next's Days Inventory for the quarter that ended in Jan. 2026 is calculated as:

Days Inventory (Q: Jan. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2025 ) + Total Inventories (Q: Jan. 2026 )) / count ) / Cost of Goods Sold (Q: Jan. 2026 )*Days in Period
=( (1389.744 + 1284.844) / 2 ) / 2821.516*365 / 2
=1337.294 / 2821.516*365 / 2
=86.50

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 86.50 mean?
Next (NXGPF) has a Days Inventory of 86.50 as of Jan. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Next and its competitors. This is near median its historical median of 81.57. Over the past decade, Next's Days Inventory has ranged from 62.20 to 89.78. According to the industry distribution chart, Next ranks #470 out of 1087 companies in the Retail - Cyclical industry, placing it in the top 43.2%.
Is Next's Days Inventory too high?
Next's current Days Inventory of 86.50 is near median its 10-year median of 81.57. Over the past 10 years, this metric has ranged from a low of 62.20 to a high of 89.78. The Retail - Cyclical industry median Days Inventory is 104.57. Next's value of 86.50 is 17.3% below this industry median. Based on the distribution chart, Next ranks #470 out of 1087 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Next has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Next's Days Inventory compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Next ranks #470 out of 1087 companies for Days Inventory. This puts Next in the upper half of its industry. The industry median Days Inventory is 104.57. Next's value of 86.50 is 17.3% below this benchmark. Historically, Next's own Days Inventory has ranged from 62.20 to 89.78 over the past decade. While the company's 10-year median is 81.57 vs. the industry median of 104.57, Next 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 Retail - Cyclical company?
The median Days Inventory among Retail - Cyclical companies is 104.57, based on 1,087 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. Next's current Days Inventory of 86.50 is 17.3% 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 Next and its competitors. For the Retail - Cyclical industry, the median Days Inventory is 104.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next's current Days Inventory is 86.50, which is near median its own 10-year median of 81.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next stock overvalued right now?
Based on GuruFocus' analysis, Next (NXGPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $174.05, compared to a current price of $197.60 — trading 13.5% above its estimated fair value. The current Days Inventory is 86.50, which is near median its 10-year median of 81.57 and 17.3% below the Retail - Cyclical industry median of 104.57. Next's overall GF Score™ is 89/100 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 Next (NXGPF), the current Days Inventory is 86.50 as of Jan. 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 Next (NXGPF) Overvalued in 2026?

Based on GuruFocus' analysis, Next stock appears to be overvalued. The current stock price of $197.60 is trading 13.5% above its estimated GF Value™ of $174.05. GuruFocus considers Next to be Modestly Overvalued.

Key valuation signals for NXGPF:

  • Days Inventory: 86.50 (near median its 10-year median of 81.57)
  • GF Value™: $174.05 vs. price of $197.60 (13.5% above fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 17.3% below the Retail - Cyclical median (#470 of 1087)

No single metric tells the full story. See the NXGPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Next Business Description

Address Desford Road, Enderby, Leicester, GBR, LE19 4AT
Next PLC operates as a retailer, specializing in the sale of clothing, footwear, accessories, and home products. A portion of the company's product offerings comprises items bearing the Next brand. Additionally, the majority of the company's remaining sales occur through retail stores located outside the United Kingdom, which it franchises. The company's segments encompass NEXT Online, NEXT Finance, NEXT Retail, and Other Business Activities. A substantial portion of the company's revenue is derived from customers within the United Kingdom; however, its presence extends to regions such as the Rest of Europe, the Middle East, Asia, and the Rest of the World.
89GF Score

Get the complete analysis for NXGPF

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$197.60
Price
$174.05
GF Value