Nickel Industries (ASX:NIC) Total Inventories: A$337 Mil (As of Dec. 2025)


ASX:NIC Nickel Industries Ltd ASX:NIC
63 GF Score
Price A$0.95
GF Value A$0.74
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Nickel Industries Total Inventories?

Nickel Industries ASX:NIC +1.60% 63 Total Inventories is A$337 Mil as of Dec. 2025. GuruFocus rates ASX:NIC with a GF Score™ of 63/100 and a GF Value™ of A$0.74 (Modestly Overvalued). The stock has 10 warning signs investors should review.

Nickel Industries's total inventories for the quarter that ended in Dec. 2025 was A$337 Mil. Nickel Industries's average total inventories from the quarter that ended in Jun. 2025 to the quarter that ended in Dec. 2025 was A$307 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nickel Industries's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was A$-0.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nickel Industries's Days Inventory for the six months ended in Dec. 2025 was 52.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nickel Industries's Inventory Turnover for the quarter that ended in Dec. 2025 was 3.49.

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. Nickel Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.25.


Nickel Industries  (ASX:NIC) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Nickel Industries's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 is

Net-Net Working Capital Per Share (Q: Dec. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(486.607+0.75 * 274.641+0.5 * 337.453-2717.896
-0-625.243)/4340.936
=-0.57

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

Nickel Industries's Days Inventory for the six months ended in Dec. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=306.604/1069.611*365 / 2
=52.31

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Nickel Industries's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2025 ) / Average Total Inventories (Q: Dec. 2025 )
=1069.611 / 306.604
=3.49

4. 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.

Nickel Industries's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=306.604 / 1233.192
=0.25

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Nickel Industries Total Inventories Related Terms


Nickel Industries Total Inventories Historical Data

* Premium members only.

The historical data trend for Nickel Industries's Total Inventories 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.

Nickel Industries Total Inventories Chart

Nickel Industries Annual Data
Trend Jun18 Jun19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial 149.58 303.58 297.98 220.77 337.45

Nickel Industries Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Total Inventories 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 297.98 209.20 220.77 275.76 337.45
ASX:NIC
63GF Score
Nickel Industries Ltd ASX:NIC
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Nickel Industries Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of A$337 Mil mean?
Nickel Industries (ASX:NIC) has a Total Inventories of A$337 Mil as of Dec. 2025. The total amount of inventory as recorded on a company's balance sheet. View historical data for Nickel Industries and its competitors.
Is Nickel Industries' Total Inventories too high?
Nickel Industries' current Total Inventories is A$337 Mil. Overall, Nickel Industries has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Industries' Total Inventories compare to competitors?
Nickel Industries' Total Inventories of A$337 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Metals & Mining company?
A good Total Inventories depends on the Metals & Mining industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Nickel Industries and its competitors. Nickel Industries's current Total Inventories is A$337 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel Industries stock overvalued right now?
Based on GuruFocus' analysis, Nickel Industries (ASX:NIC) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.74, compared to a current price of A$0.95 — trading 28.4% above its estimated fair value. The current Total Inventories is A$337 Mil. Nickel Industries' overall GF Score™ is 63/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Nickel Industries (ASX:NIC), the current Total Inventories is A$337 Mil as of Dec. 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 Nickel Industries (ASX:NIC) Overvalued in 2026?

Based on GuruFocus' analysis, Nickel Industries stock appears to be overvalued. The current stock price of A$0.95 is trading 28.4% above its estimated GF Value™ of A$0.74. GuruFocus considers Nickel Industries to be Modestly Overvalued.

Key valuation signals for ASX:NIC:

  • Total Inventories: A$337 Mil
  • GF Value™: A$0.74 vs. price of A$0.95 (28.4% above fair value)
  • GF Score™: 63/100 with 10 warning signs

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


Nickel Industries Business Description

Other Exchanges NICMF:USANM5:Germany
Address 66 Hunter Street, Level 2, Sydney, NSW, AUS, 2000
Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. The group has three segments: nickel ore mining in Indonesia, the RKEF projects in Indonesia and Singapore, and the HPAL projects in Indonesia. Its principal operations, located in Indonesia, are the Hengjaya Nickel, Oracle Nickel, and RKEF projects located within the Indonesia Morowali Industrial Park (IMIP), the Angel Nickel RKEF Project within the Indonesia Weda Bay Industrial Park (IWIP), and the Hengjaya Mine, a large tonnage, high grade nickel laterite deposit in proximity to the IMIP.
63GF Score

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

A$0.95
Price
A$0.74
GF Value