Days Inventory is also known as Days Sales of Inventory (DSI). MDU Resources Group's Average Total Inventories for the
three
months ended in Dec. 2023 was $84 Mil. MDU Resources Group's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $900 Mil.
Hence, MDU Resources Group's Days Inventory for the
three
months ended in Dec. 2023 was 8.49.
The historical rank and industry rank for MDU Resources Group's Days Inventory or its related term are showing as below:
MDU'
s Days Inventory Range Over the Past 10 Years
Min: 7.24 Med: 24.26 Max: 41.34
Current: 12.69
During the past 13 years, MDU Resources Group's highest Days Inventory was 41.34. The lowest was 7.24. And the median was 24.26.
MDU's Days Inventory is ranked better than 89.78% of 450
companies
in the Conglomerates industry
Industry Median: 73.355
vs MDU: 12.69
MDU Resources Group's Days Inventory
declined
from Dec. 2022 (19.46) to Dec. 2023 (8.49).
Inventory Turnover measures how fast the company turns over its inventory within a year.
MDU Resources Group's Inventory Turnover for the
three
months ended in Dec. 2023 was 10.74.
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.
MDU Resources Group's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.07.
MDU Resources Group Days Inventory Historical Data
The historical data trend for MDU Resources Group'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.
MDU Resources Group Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
23.45
23.17
41.34
19.85
7.24
MDU Resources Group Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
19.46
14.91
24.48
7.78
8.49
Competitive Comparison
For the Conglomerates subindustry, MDU Resources Group'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.
MDU Resources Group Days Inventory Distribution
For the Conglomerates industry and Industrials sector, MDU Resources Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where MDU Resources Group's Days Inventory falls into.
MDU Resources Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
MDU Resources Group'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.
MDU Resources Group (NYSE:MDU) 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.
MDU Resources Group's Inventory Turnover for the
three
months ended in Dec. 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.
MDU Resources Group's Inventory to Revenue for the
three
months 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.
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.
MDU Resources Group Days Inventory Related Terms
Thank you for viewing the detailed overview of MDU Resources Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
MDU Resources Group (MDU Resources Group) Business Description
MDU Resources Group Inc operates in five business segments, which includes: Electric segment, which generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming; The natural gas distribution segment distributes natural gas in those states, as well as in Idaho, Minnesota, Oregon and Washington; The pipeline segment provides natural gas transportation and underground storage services through a regulated pipeline system primarily in the Rocky Mountain and northern Great Plains regions of the United States; The construction materials and contracting segment mines, processes and sells construction aggregates (crushed stone, sand, and gravel); produces and sells asphalt mix, and supplies ready-mixed concrete; and The construction services segment.
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