Nestle Nigeria (NSA:NESTLE) Inventory Turnover: 1.12 (As of Mar. 2026)

What is Nestle Nigeria Inventory Turnover?

Nestle Nigeria NSA:NESTLE 76 Inventory Turnover is 1.12 as of Mar. 2026. GuruFocus rates NSA:NESTLE with a GF Score™ of 76/100 and a GF Value™ of ₦2,151.15 (Significantly Overvalued). The stock has 8 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. Nestle Nigeria's Cost of Goods Sold for the three months ended in Mar. 2026 was ₦194,069 Mil. Nestle Nigeria's Average Total Inventories for the quarter that ended in Mar. 2026 was ₦173,856 Mil. Nestle Nigeria's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nestle Nigeria's Days Inventory for the three months ended in Mar. 2026 was 81.75.

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. Nestle Nigeria's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.53.

Nestle Nigeria (NSA:NESTLE) 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.

Nestle Nigeria's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2026 )	/	Cost of Goods Sold (Q: Mar. 2026 )	*	Days in Period
	=	173856.437	/	194068.808	*	365 / 4
	=	81.75

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.

Nestle Nigeria's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2026 )	/	Revenue (Q: Mar. 2026 )
	=	173856.437	/	326126.755
	=	0.53

* 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.

Nestle Nigeria Inventory Turnover Related Terms

Nestle Nigeria Inventory Turnover Historical Data

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The historical data trend for Nestle Nigeria's Inventory Turnover can be seen below:

Nestle Nigeria Inventory Turnover Chart

Nestle Nigeria Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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3.96

3.95

3.75

4.97

4.35

Nestle Nigeria Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Inventory Turnover	Get a 7-Day Free Trial															0.98	0.94	0.98	1.12	1.12

76GF Score

Nestle Nigeria PLC NSA:NESTLE

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Nestle Nigeria Inventory Turnover Calculation

Nestle Nigeria's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

	Inventory Turnover (A: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2025 )	/ (	(Total Inventories (A: Dec. 2024 )	+	Total Inventories (A: Dec. 2025 ))	/	count )
=	771881.648	/ (	(174784.339	+	179871.278)	/	2 )
=	771881.648	/	177327.8085
=	4.35

Nestle Nigeria's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

	Inventory Turnover (Q: Mar. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2026 )	/ (	(Total Inventories (Q: Dec. 2025 )	+	Total Inventories (Q: Mar. 2026 ))	/	count )
=	194068.808	/ (	(179871.278	+	167841.596)	/	2 )
=	194068.808	/	173856.437
=	1.12

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.12 mean?

Nestle Nigeria (NSA:NESTLE) has a Inventory Turnover of 1.12 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Nestle Nigeria and its competitors.

Is Nestle Nigeria's Inventory Turnover too high?

Nestle Nigeria's current Inventory Turnover is 1.12. Overall, Nestle Nigeria has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Nestle Nigeria's Inventory Turnover compare to KHC and GIS?

Nestle Nigeria's Inventory Turnover of 1.12 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 Nestle Nigeria and its competitors. Nestle Nigeria's current Inventory Turnover is 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Nestle Nigeria stock overvalued right now?

Based on GuruFocus' analysis, Nestle Nigeria (NSA:NESTLE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦2,151.15, compared to a current price of ₦3,125.00 — trading 45.3% above its estimated fair value. The current Inventory Turnover is 1.12. Nestle Nigeria's overall GF Score™ is 76/100 with 8 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 Nestle Nigeria (NSA:NESTLE), the current Inventory Turnover is 1.12 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.

Is Nestle Nigeria (NSA:NESTLE) Overvalued in 2026?

Based on GuruFocus' analysis, Nestle Nigeria stock appears to be overvalued. The current stock price of ₦3,125.00 is trading 45.3% above its estimated GF Value™ of ₦2,151.15. GuruFocus considers Nestle Nigeria to be Significantly Overvalued.

Key valuation signals for NSA:NESTLE:

Inventory Turnover: 1.12
GF Value™: ₦2,151.15 vs. price of ₦3,125.00 (45.3% above fair value)
GF Score™: 76/100 with 8 warning signs

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

Nestle Nigeria Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies NSA:HFM XSWX:NESN XPAR:BN BOG:NUTRESA TSE:2802 NSE:NESTLEIND SHSE:603288 KHC SHSE:600887 GIS SZSE:300999 LSE:ABF SGX:F34 DUB:KRZ HRL MEX:BIMBOA HKSE:00288 MKC TPE:1216 BOM:500825

Other Exchanges NSTL:Canada

Address 22-24, Industrial Avenue, Ilupeju, Lagos, NGA, 102215

Website https://www.nestle-cwa.com

Nestle Nigeria PLC is a food and beverage company. It is involved in the business of manufacturing, marketing, and distribution of food products. The firm has categorized its products into Baby foods, Coffee, Culinary, Dairy, Drinks, and Recipes. It develops and markets its products under brands such as Cerelac, Nescafe, Nido, Maggi, Milo, etc. The company has Food and Beverage reportable segments. The Food segment engaged in the production and sale of Maggi, Cerelac, SMA, Nan, Lactogen, and Golden Morn. The Beverage segment consists of the production and sale of Milo, Chocomilo, Nido, Nescafe, Milo ready-to-drink, and Nestle Pure Life. The Food segment generates the majority of the revenue. Geographically, the majority of the revenue is generated from Nigeria.

76GF Score

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

₦3,125.00

Price

₦2,151.15

GF Value

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