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Mobix Labs (Mobix Labs) Days Inventory : 37.53 (As of Mar. 2024)


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What is Mobix Labs Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mobix Labs's Average Total Inventories for the three months ended in Mar. 2024 was $0.39 Mil. Mobix Labs's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.95 Mil. Hence, Mobix Labs's Days Inventory for the three months ended in Mar. 2024 was 37.53.

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

MOBX' s Days Inventory Range Over the Past 10 Years
Min: 51.32   Med: 100.15   Max: 285.12
Current: 110.48

During the past 3 years, Mobix Labs's highest Days Inventory was 285.12. The lowest was 51.32. And the median was 100.15.

MOBX's Days Inventory is ranked better than
57.9% of 943 companies
in the Semiconductors industry
Industry Median: 130.22 vs MOBX: 110.48

Mobix Labs's Days Inventory declined from Dec. 2022 (62.39) to Mar. 2024 (37.53).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mobix Labs's Inventory Turnover for the three months ended in Mar. 2024 was 2.43.

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. Mobix Labs's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.34.

Mobix Labs Days Inventory Historical Data

The historical data trend for Mobix Labs'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.

Mobix Labs Days Inventory Chart

Mobix Labs Annual Data
Trend Sep21 Sep22 Sep23
Days Inventory
285.12 51.32 100.15

Mobix Labs Quarterly Data
Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only 62.39 180.75 - 102.76 37.53

Competitive Comparison of Mobix Labs's Days Inventory

For the Semiconductors subindustry, Mobix Labs'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.

Mobix Labs's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Mobix Labs's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mobix Labs's Days Inventory falls into.


Mobix Labs Days Inventory Calculation

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

Mobix Labs's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (0.57 + 0.319) / 2 ) / 1.62*365
=0.4445 / 1.62*365
=100.15

Mobix Labs's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0.422 + 0.361) / 2 ) / 0.952*365 / 4
=0.3915 / 0.952*365 / 4
=37.53

* 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.

Mobix Labs  (NAS:MOBX) 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.

Mobix Labs's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.952 / 0.3915
=2.43

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.

Mobix Labs's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.3915 / 1.145
=0.34

* 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.

Mobix Labs Days Inventory Related Terms

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Mobix Labs (Mobix Labs) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Mobix Labs Inc (NAS:MOBX) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
15420 Laguna Canyon Road, Irvine, CA, USA, 92618
Website
https://www.mobixlabs.com
Mobix Labs Inc is a fabless semiconductor company developing disruptive next generation wireless and connected solutions that are designed to cater to a broad range of applications in markets including 5G infrastructure, satellite communications, automotive, consumer electronics, e-mobility, healthcare, infrastructure and defense.