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M-Tron Industries (M-Tron Industries) Days Inventory : 128.52 (As of Mar. 2024)


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What is M-Tron Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). M-Tron Industries's Average Total Inventories for the three months ended in Mar. 2024 was $9.02 Mil. M-Tron Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was $6.41 Mil. Hence, M-Tron Industries's Days Inventory for the three months ended in Mar. 2024 was 128.52.

The historical rank and industry rank for M-Tron Industries's Days Inventory or its related term are showing as below:

MPTI' s Days Inventory Range Over the Past 10 Years
Min: 94.64   Med: 110.99   Max: 130.92
Current: 130.92

During the past 4 years, M-Tron Industries's highest Days Inventory was 130.92. The lowest was 94.64. And the median was 110.99.

MPTI's Days Inventory is ranked worse than
62.52% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs MPTI: 130.92

M-Tron Industries's Days Inventory increased from Mar. 2023 (118.18) to Mar. 2024 (128.52). It might indicate that M-Tron Industries's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. M-Tron Industries's Inventory Turnover for the three months ended in Mar. 2024 was 0.71.

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. M-Tron Industries's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.81.


M-Tron Industries Days Inventory Historical Data

The historical data trend for M-Tron Industries'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.

M-Tron Industries Days Inventory Chart

M-Tron Industries Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
94.64 108.57 113.41 122.67

M-Tron Industries Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 118.18 132.37 129.44 133.92 128.52

Competitive Comparison of M-Tron Industries's Days Inventory

For the Electronic Components subindustry, M-Tron Industries'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.


M-Tron Industries's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, M-Tron Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where M-Tron Industries's Days Inventory falls into.



M-Tron Industries Days Inventory Calculation

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

M-Tron Industries'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
=( (7.518 + 8.884) / 2 ) / 24.402*365
=8.201 / 24.402*365
=122.67

M-Tron Industries's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (8.884 + 9.161) / 2 ) / 6.406*365 / 4
=9.0225 / 6.406*365 / 4
=128.52

* 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.


M-Tron Industries  (AMEX:MPTI) 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.

M-Tron Industries's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

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.

M-Tron Industries's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* 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.


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.


M-Tron Industries Days Inventory Related Terms

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


M-Tron Industries (M-Tron Industries) Business Description

Traded in Other Exchanges
N/A
Address
2525 Shader Road, Orlando, FL, USA, 32804
M-Tron Industries Inc is a diversified holding company with subsidiaries engaged in the design, manufacturing and marketing of highly-engineered, high reliability frequency and spectrum control products used to control the frequency or timing of signals in electronic circuits in various applications. It offers a wide range of products such as microwave and millimeter wave filters; cavity, crystal, ceramic, lumped element and switched filters; crystal resonators, integrated microwave assemblies and state-of-the-art solid state power amplifier products.
Executives
William Arnold Drafts officer: President 746 CRISTALDI WAY, LONGWOOD FL 32779
Ferrantino Michael J Jr director, officer: Chief Executive Officer 12 MARTINGALE LANE, ANDOVER MA 01810
Ivan Arteaga director 497 EISENHOWER COURT, WYCKOFF NJ 07481
James William Tivy officer: Chief Financial Officer 220 E. CENTRAL PARKWAY, SUITE 2060, ALTAMONTE SPRINGS FL 32701
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Linda M Biles officer: VP, Controller 2525 SHADER ROAD, ORLANDO FL 32804
Marc Gabelli director, 10 percent owner 401 THEODORE FREMD AVE, RYE NY 10580
Bel Lazar director 4705 S. APOPKA VINELAND ROAD, SUITE 201, ORLANDO FL 32819
Hendi Susanto director 2525 SHADER RD., ORLANDO FL 32804
Lapenta Robert V Jr director C/O ASTON CAPITAL, 177 BROAD ST., 12TH FLOOR, STAMFORD CT 06901
David M Goldman director ONE CORPORATE CENTER, RYE NY 10580
John S Mega director C/O L-3 COMMUNICATIONS CORPORATION, 600 THIRD AVENUE, NEW YORK NY 10016