The historical rank and industry rank for Mayr-Melnhof Karton AG's Days Inventory or its related term are showing as below:
WBO:MMK'
s Days Inventory Range Over the Past 10 Years
Min: 62.52 Med: 68.18 Max: 107.56
Current: 107.56
During the past 13 years, Mayr-Melnhof Karton AG's highest Days Inventory was 107.56. The lowest was 62.52. And the median was 68.18.
WBO:MMK's Days Inventory is ranked worse than 69.21% of 367
companies
in the Packaging & Containers industry
Industry Median: 77.76
vs WBO:MMK: 107.56
Mayr-Melnhof Karton AG's Days Inventory
declined
from Mar. 2023 (109.24) to Mar. 2024 (93.43).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Mayr-Melnhof Karton AG's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.98.
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.
Mayr-Melnhof Karton AG's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.56.
Mayr-Melnhof Karton AG Days Inventory Historical Data
The historical data trend for Mayr-Melnhof Karton AG'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.
Competitive Comparison of Mayr-Melnhof Karton AG's Days Inventory
For the Packaging & Containers subindustry, Mayr-Melnhof Karton AG'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.
Mayr-Melnhof Karton AG's Days Inventory Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Mayr-Melnhof Karton AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Mayr-Melnhof Karton AG's Days Inventory falls into.
Mayr-Melnhof Karton AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Mayr-Melnhof Karton AG's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Mayr-Melnhof Karton AG (WBO:MMK) 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.
Mayr-Melnhof Karton AG'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.
Mayr-Melnhof Karton AG'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.
Mayr-Melnhof Karton AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Mayr-Melnhof Karton AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Mayr-Melnhof Karton AG (WBO:MMK) Business Description
Mayr-Melnhof Karton AG manufactures and sells a variety of folding cartons for consumer goods packaging. The firm organizes itself into two segments based on the product type. The MM packaging segment, which generates the majority of revenue, sells packaging for consumer goods, which include cigarettes, pharmaceuticals, detergents, personal care products, and luxury products. The MM Board & Paper segment manufactures and markets numerous grades of cartonboard, focusing on coated cartonboard produced predominantly from recycled fibers as well as virgin fiber-based cartonboard. The vast majority of revenue comes from Europe.
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