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Maison Solutions (Maison Solutions) Days Inventory : 25.63 (As of Jan. 2024)


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What is Maison Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Maison Solutions's Average Total Inventories for the three months ended in Jan. 2024 was $2.92 Mil. Maison Solutions's Cost of Goods Sold for the three months ended in Jan. 2024 was $10.41 Mil. Hence, Maison Solutions's Days Inventory for the three months ended in Jan. 2024 was 25.63.

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

MSS' s Days Inventory Range Over the Past 10 Years
Min: 21.58   Med: 22.52   Max: 24.91
Current: 24.91

During the past 3 years, Maison Solutions's highest Days Inventory was 24.91. The lowest was 21.58. And the median was 22.52.

MSS's Days Inventory is ranked better than
66.56% of 302 companies
in the Retail - Defensive industry
Industry Median: 36.205 vs MSS: 24.91

Maison Solutions's Days Inventory declined from Jan. 2023 (26.65) to Jan. 2024 (25.63).

Inventory Turnover measures how fast the company turns over its inventory within a year. Maison Solutions's Inventory Turnover for the three months ended in Jan. 2024 was 3.56.

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. Maison Solutions's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.21.


Maison Solutions Days Inventory Historical Data

The historical data trend for Maison Solutions'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.

Maison Solutions Days Inventory Chart

Maison Solutions Annual Data
Trend Apr21 Apr22 Apr23
Days Inventory
21.58 23.09 22.52

Maison Solutions Quarterly Data
Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 26.65 24.18 25.07 24.43 25.63

Competitive Comparison of Maison Solutions's Days Inventory

For the Grocery Stores subindustry, Maison Solutions'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.


Maison Solutions's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Maison Solutions's Days Inventory distribution charts can be found below:

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



Maison Solutions Days Inventory Calculation

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

Maison Solutions's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

Days Inventory (A: Apr. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (2.32 + 2.979) / 2 ) / 42.948*365
=2.6495 / 42.948*365
=22.52

Maison Solutions's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (2.827 + 3.02) / 2 ) / 10.41*365 / 4
=2.9235 / 10.41*365 / 4
=25.63

* 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.


Maison Solutions  (NAS:MSS) 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.

Maison Solutions's Inventory Turnover for the three months ended in Jan. 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.

Maison Solutions's Inventory to Revenue for the three months ended in Jan. 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.


Maison Solutions Days Inventory Related Terms

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


Maison Solutions (Maison Solutions) Business Description

Traded in Other Exchanges
N/A
Address
127 N Garfield Avenue, Monterey Park, CA, USA, 91754
Maison Solutions Inc is a fast-growing, specialty grocery retailer offering traditional Asian food and merchandise to modern U.S. consumers, in particular to the members of Asian-American communities. It is committed to providing Asian fresh produce, meat, seafood, and other daily necessities in a manner that caters to traditional Asian-American family values and cultural norms, while also accounting for the new and faster-paced lifestyle of younger generations and the diverse communities in which it operates. The company's merchandise includes fresh and unique produce, meats, seafood and other groceries that are not found in mainstream supermarkets, including a variety of Asian vegetables and fruits such as broccoli, bitter melon, winter gourd, Shanghai baby bok choy, longan and lychee.
Executives
Bin Wang director 112 RICO DR. NORTH, MORGANVILLE NJ 07751
Tao Han officer: Chief Operating Officer 127 N GARFIELD AVE, MONTEREY PARK CA 91754
John Xu director, 10 percent owner, officer: President and CEO 127 N GARFIELD AVE, MONTEREY PARK CA 91754
Alexandria M. Lopez director, officer: Chief Financial Officer 127 N GARFIELD AVE, MONTEREY PARK CA 91754
Xiaoxia Zhang director 127 N GARFIELD AVE, MONTEREY PARK CA 91754
Mark W. Willis director 127 N GARFIELD AVE, MONTEREY PARK CA 91754

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