Honeywell Flour Mills (NSA:HFM) Inventory Turnover: 6.78 (As of Mar. 2025)


NSA:HFM Honeywell Flour Mills PLC NSA:HFM
70 GF Score
Price ₦15.15
GF Value ₦10.26
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Honeywell Flour Mills Inventory Turnover?

Honeywell Flour Mills NSA:HFM +1.00% 70 Inventory Turnover is 6.78 as of Mar. 2025. GuruFocus rates NSA:HFM with a GF Score™ of 70/100 and a GF Value™ of ₦10.26 (Significantly Overvalued). The stock has 2 warning signs investors should review.

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. Honeywell Flour Mills's Cost of Goods Sold for the six months ended in Mar. 2025 was ₦341,264 Mil. Honeywell Flour Mills's Average Total Inventories for the quarter that ended in Mar. 2025 was ₦50,311 Mil. Honeywell Flour Mills's Inventory Turnover for the quarter that ended in Mar. 2025 was 6.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Honeywell Flour Mills's Days Inventory for the six months ended in Mar. 2025 was 26.91.

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. Honeywell Flour Mills's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.13.

Honeywell Flour Mills  (NSA:HFM) 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.

Honeywell Flour Mills's Days Inventory for the six months ended in Mar. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2025 )/Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=50310.801/341263.86*365 / 2
=26.91

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.

Honeywell Flour Mills's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=50310.801 / 373509.245
=0.13

* 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.

Honeywell Flour Mills Inventory Turnover Related Terms

Honeywell Flour Mills Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Honeywell Flour Mills'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.

Honeywell Flour Mills Inventory Turnover Chart

Honeywell Flour Mills Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.04 4.85 4.32 3.69 6.78

Honeywell Flour Mills Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Inventory Turnover 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 5.04 4.85 4.32 3.69 6.78
NSA:HFM
70GF Score
Honeywell Flour Mills PLC NSA:HFM
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Honeywell Flour Mills Inventory Turnover Calculation

Honeywell Flour Mills's Inventory Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Inventory Turnover (A: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2025 ) / ((Total Inventories (A: Mar. 2024 ) + Total Inventories (A: Mar. 2025 )) / count )
=341263.86 / ((52497.009 + 48124.593) / 2 )
=341263.86 / 50310.801
=6.78

Honeywell Flour Mills's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover (Q: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2025 ) / ((Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count )
=341263.86 / ((52497.009 + 48124.593) / 2 )
=341263.86 / 50310.801
=6.78

* 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 6.78 mean?
Honeywell Flour Mills (NSA:HFM) has a Inventory Turnover of 6.78 as of Mar. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Honeywell Flour Mills and its competitors.
Is Honeywell Flour Mills' Inventory Turnover too high?
Honeywell Flour Mills' current Inventory Turnover is 6.78. Overall, Honeywell Flour Mills has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honeywell Flour Mills' Inventory Turnover compare to KHC and GIS?
Honeywell Flour Mills' Inventory Turnover of 6.78 can be compared against companies in the Consumer Packaged Goods 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 a Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods 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 Honeywell Flour Mills and its competitors. Honeywell Flour Mills's current Inventory Turnover is 6.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Flour Mills stock overvalued right now?
Based on GuruFocus' analysis, Honeywell Flour Mills (NSA:HFM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦10.26, compared to a current price of ₦15.15 — trading 47.7% above its estimated fair value. The current Inventory Turnover is 6.78. Honeywell Flour Mills' overall GF Score™ is 70/100 with 2 warning signs to review. 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 Honeywell Flour Mills (NSA:HFM), the current Inventory Turnover is 6.78 as of Mar. 2025. 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 Honeywell Flour Mills (NSA:HFM) Overvalued in 2026?

Based on GuruFocus' analysis, Honeywell Flour Mills stock appears to be overvalued. The current stock price of ₦15.15 is trading 47.7% above its estimated GF Value™ of ₦10.26. GuruFocus considers Honeywell Flour Mills to be Significantly Overvalued.

Key valuation signals for NSA:HFM:

  • Inventory Turnover: 6.78
  • GF Value™: ₦10.26 vs. price of ₦15.15 (47.7% above fair value)
  • GF Score™: 70/100 with 2 warning signs

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

Honeywell Flour Mills Business Description

Address Wharf road, No. 1 Golden penny place, Apapa, Lagos, NGA
Honeywell Flour Mills PLC is a Nigerian food manufacturing company specializing in the production and marketing of wheat-based products such as flour, semolina, whole wheat meal, noodles, and pasta. It distributes products across Nigeria through an extensive logistics and retail network. Honeywell Flour Mills is ISO-certified and part of the Flour Mills of Nigeria Plc group, benefiting from group synergies in a closely regulated sector. The Company's business reportable segments are identified by the factories located at Apapa, and Sagamu. The Apapa segment manufactures Flour, Semo and Wheat meal while Sagamu segments manufacture Noodles and Pasta. The Apapa generates the maximum revenue for the company.
70GF Score

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

₦15.15
Price
₦10.26
GF Value