MIND Technology (MIND Technology) Days Inventory

MIND Technology Annual Data
	Trend	Jan14	Jan15	Jan16	Jan17	Jan18	Jan19	Jan20	Jan21	Jan22	Jan23
Days Inventory							126.51	252.05	316.40	271.95	241.98

MIND Technology Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Days Inventory																655.42	125.71	188.74	249.55	484.82

For the Scientific & Technical Instruments subindustry, MIND Technology'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.

For the Hardware industry and Technology sector, MIND Technology's Days Inventory distribution charts can be found below:

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

MIND Technology Days Inventory Calculation

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

MIND Technology's Days Inventory for the fiscal year that ended in Jan. 2023 is calculated as

MIND Technology's Days Inventory for the quarter that ended in Oct. 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.

MIND Technology  (NAS:MIND) 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.

MIND Technology's Inventory Turnover for the three months ended in Oct. 2023 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.

MIND Technology's Inventory to Revenue for the three months ended in Oct. 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.

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.

MIND Technology Days Inventory Related Terms

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

MIND Technology (MIND Technology) Business Description