Nestle (Nestle) Days Inventory

: 94.69 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Nestle's Average Total Inventories for the six months ended in Dec. 2023 was $15,093 Mil. Nestle's Cost of Goods Sold for the six months ended in Dec. 2023 was $29,089 Mil. Hence, Nestle's Days Inventory for the six months ended in Dec. 2023 was 94.69.

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

NSRGY' s Days Inventory Range Over the Past 10 Years
Min: 67.37 Med: 72.38 Max: 100.83
Current: 100.83

During the past 13 years, Nestle's highest Days Inventory was 100.83. The lowest was 67.37. And the median was 72.38.

NSRGY's Days Inventory is ranked worse than
60.31% of 1784 companies
in the Consumer Packaged Goods industry
Industry Median: 82.495 vs NSRGY: 100.83

Nestle's Days Inventory declined from Dec. 2022 (98.93) to Dec. 2023 (94.69).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nestle's Inventory Turnover for the six months ended in Dec. 2023 was 1.93.

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's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.28.

Nestle Days Inventory Historical Data

The historical data trend for Nestle'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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

71.92

78.78

90.12

95.72

93.69

Nestle 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																89.97	102.22	98.93	106.25	94.69

Competitive Comparison

For the Packaged Foods subindustry, Nestle'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 Days Inventory Distribution

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

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

Nestle Days Inventory Calculation

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

Nestle's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (16121.726	+	13755.782)	/	2 )	/	58196.115	*	365
=	14938.754					/	58196.115	*	365
=	93.69

Nestle'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
=	( (16430.475	+	13755.782)	/	2 )	/	29088.807	*	365 / 2
=	15093.1285					/	29088.807	*	365 / 2
=	94.69

Nestle (OTCPK:NSRGY) 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's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	29088.807	/	15093.1285
	=	1.93

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	15093.1285	/	54203.284
	=	0.28

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 Days Inventory Related Terms

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

Nestle (Nestle) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nestle SA (OTCPK:NSRGY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

NSRGF:USA NESN:Mexico NESNz:UK 0QR4:UK NESM:Germany NESNE:Switzerland NESN:Switzerland

Address

Avenue Nestle 55, Vevey, CHE, CH-1800

Website

https://www.nestle.com

With a 150-year-plus history, Nestle is the largest food and beverage manufacturer in the world by sales, generating more than CHF 90 billion in annual revenue. Its diverse product portfolio includes brands such as Nestle, Nescafe, Perrier, Pure Life, and Purina. Nestle also owns around 20% of French cosmetics firm L'Oreal. The company employs 275,000 people around the world and has a vast portfolio of global products, with more than 30 brands each achieving more than CHF 1 billion in sales annually and a geographic presence that spans almost 190 countries.