National Investment Co (DAR:NICO) Inventory Turnover: 0.00 (As of . 20)


DAR:NICO National Investment Co Ltd DAR:NICO
36 GF Score
Price TZS3,830.00
View Full Analysis

What is National Investment Co Inventory Turnover?

National Investment Co DAR:NICO +1.36% 36 Inventory Turnover is 0.00 as of . 20. GuruFocus rates DAR:NICO with a GF Score™ of 36/100.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. National Investment Co's Cost of Goods Sold for the six months ended in . 20 was TZS0.00 Mil. National Investment Co's Average Total Inventories for the quarter that ended in . 20 was TZS0.00 Mil.

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

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.

National Investment Co  (DAR:NICO) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

National Investment Co's Days Inventory for the six months ended in . 20 is calculated as:

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

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.

National Investment Co's Inventory to Revenue for the quarter that ended in . 20 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: . 20 ) / Revenue (Q: . 20 )
=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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

National Investment Co Inventory Turnover Related Terms

National Investment Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for National Investment Co's Inventory Turnover 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.

National Investment Co Inventory Turnover Chart

National Investment Co Annual Data
Trend
Inventory Turnover

National Investment Co Semi-Annual Data
Inventory Turnover
DAR:NICO
36GF Score
National Investment Co Ltd DAR:NICO
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Investment Co Inventory Turnover Calculation

National Investment Co's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

Inventory Turnover (A: . 20 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: . 20 ) / ((Total Inventories (A: . 20 ) + Total Inventories (A: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

National Investment Co's Inventory Turnover for the quarter that ended in . 20 is calculated as

Inventory Turnover (Q: . 20 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: . 20 ) / ((Total Inventories (Q: . 20 ) + Total Inventories (Q: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

* 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 Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
National Investment Co (DAR:NICO) has a Inventory Turnover of 0.00 as of . 20. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on National Investment Co and its competitors.
Is National Investment Co's Inventory Turnover too high?
National Investment Co's current Inventory Turnover is 0.00. Overall, National Investment Co has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does National Investment Co's Inventory Turnover compare to ?
National Investment Co's Inventory Turnover of 0.00 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for an Asset Management company?
A good Inventory Turnover depends on the Asset Management industry context. However, Inventory Turnover 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 Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on National Investment Co and its competitors. National Investment Co's current Inventory Turnover 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 National Investment Co stock overvalued right now?
National Investment Co (DAR:NICO) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. National Investment Co's overall GF Score™ is 36/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For National Investment Co (DAR:NICO), the current Inventory Turnover 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.

National Investment Co Business Description

Comparable Companies
Address 50 Mirambo Street, P.O. Box 7465, Mirambo House, 3rd Floor, Dar es Salaam, TZA
National Investment Co Ltd acquires and manages businesses in manufacturing industries, financial services, telecommunication, agriculture, mining, and services sectors. The company through its subsidiaries is also engaged in custom slaughter.
36GF Score

Get the complete analysis for DAR:NICO

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

TZS3,830.00
Price