Nestle India (NSE:NESTLEIND) Days Inventory : 87.79 (As of Sep. 2023)

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What is Nestle India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nestle India's Average Total Inventories for the three months ended in Sep. 2023 was ₹21,084 Mil. Nestle India's Cost of Goods Sold for the three months ended in Sep. 2023 was ₹21,916 Mil. Hence, Nestle India's Days Inventory for the three months ended in Sep. 2023 was 87.79.

The historical rank and industry rank for Nestle India's Days Inventory or its related term are showing as below:

NSE:NESTLEIND' s Days Inventory Range Over the Past 10 Years
Min: 62.22 Med: 79.14 Max: 85.59
Current: 84.65

During the past 13 years, Nestle India's highest Days Inventory was 85.59. The lowest was 62.22. And the median was 79.14.

NSE:NESTLEIND's Days Inventory is ranked worse than
51.32% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 81.97 vs NSE:NESTLEIND: 84.65

Nestle India's Days Inventory increased from Sep. 2022 (77.18) to Sep. 2023 (87.79). It might indicate that Nestle India's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nestle India's Inventory Turnover for the three months ended in Sep. 2023 was 1.04.

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 India's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.42.

Nestle India Days Inventory Historical Data

The historical data trend for Nestle India'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.

* Premium members only.

Nestle India Days Inventory Chart

Nestle India Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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72.84

77.25

85.28

84.69

82.93

Nestle India Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															77.18	91.60	78.87	91.40	87.79

Competitive Comparison of Nestle India's Days Inventory

For the Packaged Foods subindustry, Nestle India'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.

Nestle India's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nestle India's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nestle India's Days Inventory falls into.

Nestle India Days Inventory Calculation

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

Nestle India's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (15926.5	+	19287.7)	/	2 )	/	77498.6	*	365
=	17607.1					/	77498.6	*	365
=	82.93

Nestle India's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (21084.2	+	0)	/	1 )	/	21916	*	365 / 4
=	21084.2					/	21916	*	365 / 4
=	87.79

Nestle India (NSE:NESTLEIND) 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.

Nestle India's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	21916	/	21084.2
	=	1.04

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 India's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	21084.2	/	50095.2
	=	0.42

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.

Nestle India Days Inventory Related Terms

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

Nestle India (NSE:NESTLEIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nestle India Ltd (NSE:NESTLEIND) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

500790:India

Address

Nestle House, Jacaranda Marg, M Block, DLF City, Phase II, Gurugram, HR, IND, 122 002

Website

https://www.nestle.in

Nestle India Ltd is a subsidiary of Nestle of Switzerland with business divided into milk products and nutrition, beverages, prepared dishes and cooking aids, chocolate and confectionery, and vending food services. Milk products and nutrition consist of nutritional products for infants and pregnant and breastfeeding mothers. The Powdered and Liquid Beverages product division sells tea and instant coffee under the Nestea, Nescafe Classic, and Nescafe Gold brands. Prepared dishes and cooking aids comprise food-enriching flavors under the Maggi brand. The Confectionery products in chocolate and confectionery are KitKat, Munch Nuts, and Nestle Alpino. The company's business activity falls within a single operating segment, namely Food.

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