Nu-World Holdings (JSE:NWL) Days Inventory : 0.00 (As of Feb. 2024)

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What is Nu-World Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nu-World Holdings's Average Total Inventories for the six months ended in Feb. 2024 was R593 Mil. Nu-World Holdings's Cost of Goods Sold for the six months ended in Feb. 2024 was R0 Mil.

The historical rank and industry rank for Nu-World Holdings's Days Inventory or its related term are showing as below:

JSE:NWL' s Days Inventory Range Over the Past 10 Years
Min: 90.27 Med: 129.25 Max: 148.11
Current: 148.11

During the past 13 years, Nu-World Holdings's highest Days Inventory was 148.11. The lowest was 90.27. And the median was 129.25.

JSE:NWL's Days Inventory is ranked worse than
67.58% of 2409 companies
in the Hardware industry
Industry Median: 101.78 vs JSE:NWL: 148.11

Nu-World Holdings's Days Inventory stayed the same from Feb. 2023 (0.00) to Feb. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nu-World Holdings's Inventory Turnover for the six months ended in Feb. 2024 was 0.00.

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. Nu-World Holdings's Inventory-to-Revenue for the six months ended in Feb. 2024 was 0.61.

Nu-World Holdings Days Inventory Historical Data

The historical data trend for Nu-World Holdings's Days Inventory 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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Nu-World Holdings Days Inventory Chart

Nu-World Holdings Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Inventory

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137.76

144.64

131.99

145.39

148.11

Nu-World Holdings Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Nu-World Holdings's Days Inventory

For the Consumer Electronics subindustry, Nu-World Holdings's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nu-World Holdings's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nu-World Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nu-World Holdings's Days Inventory falls into.

Nu-World Holdings Days Inventory Calculation

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

Nu-World Holdings's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

	Days Inventory (A: Aug. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Aug. 2022 )	+	Total Inventories (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (718.435	+	553.436)	/	2 )	/	1567.232	*	365
=	635.9355					/	1567.232	*	365
=	148.11

Nu-World Holdings's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

	Days Inventory (Q: Feb. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (553.436	+	632.868)	/	2 )	/	0	*	365 / 2
=	593.152					/	0	*	365 / 2
=	N/A

Nu-World Holdings (JSE:NWL) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Nu-World Holdings's Inventory Turnover for the six months ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	593.152
	=	0.00

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.

Nu-World Holdings's Inventory to Revenue for the six months ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	593.152	/	969.525
	=	0.61

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Nu-World Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of Nu-World Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Nu-World Holdings (JSE:NWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nu-World Holdings Ltd (JSE:NWL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 - 3rd Street, Wynberg, Sandton, Johannesburg, GT, ZAF, 2199

Website

https://www.nuworld.co.za

Nu-World Holdings Ltd, along with its subsidiaries is engaged in importing, manufacturing, assembling, marketing, and distributing branded consumer goods including consumer electronics, high-technology, small electrical appliances, white goods, liquor, and furniture. It also manufactures kitchenware and Telefunken. The company operates its business in geographic segments that include South Africa, Hong Kong, Australia, and the United Arab Emirates. The South African segment generates maximum revenue for the company.