Nick Scali (ASX:NCK) Days Inventory : 126.05 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Nick Scali Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nick Scali's Average Total Inventories for the six months ended in Dec. 2023 was A$53.9 Mil. Nick Scali's Cost of Goods Sold for the six months ended in Dec. 2023 was A$78.0 Mil. Hence, Nick Scali's Days Inventory for the six months ended in Dec. 2023 was 126.05.

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

ASX:NCK' s Days Inventory Range Over the Past 10 Years
Min: 109.4 Med: 123.81 Max: 137.82
Current: 133.84

During the past 13 years, Nick Scali's highest Days Inventory was 137.82. The lowest was 109.40. And the median was 123.81.

ASX:NCK's Days Inventory is ranked worse than
58.15% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.78 vs ASX:NCK: 133.84

Nick Scali's Days Inventory increased from Dec. 2022 (113.29) to Dec. 2023 (126.05). It might indicate that Nick Scali's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nick Scali's Inventory Turnover for the six months ended in Dec. 2023 was 1.45.

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. Nick Scali's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.24.

Nick Scali Days Inventory Historical Data

The historical data trend for Nick Scali'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.

Nick Scali Days Inventory Chart

Nick Scali Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

Get a 7-Day Free Trial

135.47

137.82

111.15

124.43

123.18

Nick Scali Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															147.32	113.14	113.29	138.77	126.05

Competitive Comparison of Nick Scali's Days Inventory

For the Specialty Retail subindustry, Nick Scali'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.

Nick Scali's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nick Scali's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nick Scali's Days Inventory falls into.

Nick Scali Days Inventory Calculation

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

Nick Scali's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (70.525	+	54.555)	/	2 )	/	185.313	*	365
=	62.54					/	185.313	*	365
=	123.18

Nick Scali's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (54.555	+	53.187)	/	2 )	/	77.994	*	365 / 2
=	53.871					/	77.994	*	365 / 2
=	126.05

Nick Scali (ASX:NCK) 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.

Nick Scali's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	77.994	/	53.871
	=	1.45

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.

Nick Scali's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	53.871	/	226.63
	=	0.24

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.

Nick Scali Days Inventory Related Terms

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

Nick Scali (ASX:NCK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nick Scali Ltd (ASX:NCK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Delhi Road, Level 7, Triniti 2, North Ryde, Sydney, NSW, AUS, 2113

Website

https://www.nickscali.com.au

Nick Scali Ltd engages in the retail and importation of household furniture and related accessories in Australia and New Zealand. It offers lounges, dining tables and chairs, armchairs, buffets/cabinets, TV units, coffee tables, consoles, rugs, mirrors, and pendants and lamps.

Nick Scali (ASX:NCK) Headlines

No Headlines