The historical rank and industry rank for Micropac Industries's Days Inventory or its related term are showing as below:
MPAD'
s Days Inventory Range Over the Past 10 Years
Min: 174.67 Med: 201.59 Max: 231.95
Current: 231.95
During the past 13 years, Micropac Industries's highest Days Inventory was 231.95. The lowest was 174.67. And the median was 201.59.
MPAD's Days Inventory is ranked worse than 85% of 2407
companies
in the Hardware industry
Industry Median: 102.45
vs MPAD: 231.95
Micropac Industries's Days Inventory
increased
from Feb. 2023 (250.50) to Feb. 2024 (338.28).
It might indicate that Micropac Industries's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Micropac Industries's Inventory Turnover for the
three
months ended in Feb. 2024 was 0.27.
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.
Micropac Industries's Inventory-to-Revenue for the
three
months ended in Feb. 2024 was 2.12.
Micropac Industries Days Inventory Historical Data
The historical data trend for Micropac 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.
Competitive Comparison of Micropac Industries's Days Inventory
For the Electronic Components subindustry, Micropac 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.
Micropac Industries's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Micropac Industries's Days Inventory distribution charts can be found below:
* The bar in red indicates where Micropac Industries's Days Inventory falls into.
Micropac Industries Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Micropac Industries's Days Inventory for the fiscal year that ended in Nov. 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.
Micropac Industries (OTCPK:MPAD) 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.
Micropac Industries's Inventory Turnover for the
three
months ended in Feb. 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.
Micropac Industries's Inventory to Revenue for the
three
months ended in Feb. 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.
Micropac Industries Days Inventory Related Terms
Thank you for viewing the detailed overview of Micropac Industries's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Micropac Industries (Micropac Industries) Business Description
Micropac Industries Inc manufactures and distributes a range of hybrid microelectronic circuits, solid-state relays (SSRs), power controllers, and optoelectronic components and assemblies. Its products are used as components in a range of military, space, and industrial systems, including aircraft instrumentation and navigation systems, power supplies, electronic controls, computers, medical devices, and high-temperature products. The company's core technology is the packaging and interconnecting of multi-chip microelectronics modules. Other technologies include light-emitting, and light-sensitive materials and products, including light-emitting diodes (LEDs) and silicon phototransistors used in the company's optoelectronic components and assemblies.
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