Nation Media Group (NAI:NMG) Total Inventories : KES606 Mil (As of Dec. 2023)

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What is Nation Media Group Total Inventories?

Nation Media Group's total inventories for the quarter that ended in Dec. 2023 was KES606 Mil. Nation Media Group's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Dec. 2023 was KES691 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nation Media Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was KES6.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nation Media Group's Days Inventory for the six months ended in Dec. 2023 was 73.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nation Media Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.49.

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. Nation Media Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.10.

Nation Media Group Total Inventories Historical Data

The historical data trend for Nation Media Group'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.

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Nation Media Group Total Inventories Chart

Nation Media Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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656.70

521.40

619.50

776.80

605.60

Nation Media Group Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Total Inventories	Get a 7-Day Free Trial											656.70	521.40	619.50	776.80	605.60

Nation Media Group 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.

Nation Media Group (NAI:NMG) 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.

Nation Media Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(3102	+	0.75 * 2454.6	+	0.5 * 605.6	-	3941.9
-	0	-	100.6)	/	176.000
=	6.84

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

Nation Media Group's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	691.2	/	1723.3	*	365 / 2
	=	73.20

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

Nation Media Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	1723.3	/	691.2
	=	2.49

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.

Nation Media Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	691.2	/	7116.2
	=	0.10

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.

Nation Media Group Total Inventories Related Terms

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Nation Media Group Business Description

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Address

Kimathi Street, P. O Box 49010, Nation Centre, Nairobi, KEN, 00100

Website

https://www.nationmedia.com

Nation Media Group PLC is a media house in East and Central Africa. Its principal activities of the group are the publication, printing, and distribution of newspapers and magazines, radio and television broadcasting, and digital online products. It has businesses in television networks, film, and TV entertainment and delivers content on a multi-platform basis. Its operating segments are Newspapers & Digital and broadcasting. It generated the majority of its revenue from Newspapers & Digital segments that are engaged in the sale of newspapers, advertisements published in the newspapers, advertisements in the digital platforms, and subscriptions of e-paper.