Mad Paws Holdings (ASX:MPA) Days Inventory : 56.76 (As of Dec. 2023)

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What is Mad Paws Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mad Paws Holdings's Average Total Inventories for the six months ended in Dec. 2023 was A$1.70 Mil. Mad Paws Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was A$5.48 Mil. Hence, Mad Paws Holdings's Days Inventory for the six months ended in Dec. 2023 was 56.76.

The historical rank and industry rank for Mad Paws Holdings's Days Inventory or its related term are showing as below:

ASX:MPA' s Days Inventory Range Over the Past 10 Years
Min: 45.03 Med: 61.18 Max: 167.25
Current: 59.18

During the past 4 years, Mad Paws Holdings's highest Days Inventory was 167.25. The lowest was 45.03. And the median was 61.18.

ASX:MPA's Days Inventory is ranked worse than
69.77% of 86 companies
in the Personal Services industry
Industry Median: 15.985 vs ASX:MPA: 59.18

Mad Paws Holdings's Days Inventory increased from Dec. 2022 (52.79) to Dec. 2023 (56.76). It might indicate that Mad Paws Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mad Paws Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 3.22.

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. Mad Paws Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.12.

Mad Paws Holdings Days Inventory Historical Data

The historical data trend for Mad Paws Holdings'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.

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Mad Paws Holdings Days Inventory Chart

Mad Paws Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Days Inventory

167.25

61.18

45.03

Mad Paws Holdings Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			89.54	69.51	52.79	57.67	56.76

Competitive Comparison of Mad Paws Holdings's Days Inventory

For the Personal Services subindustry, Mad Paws Holdings'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.

Mad Paws Holdings's Days Inventory Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Mad Paws Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mad Paws Holdings's Days Inventory falls into.

Mad Paws Holdings Days Inventory Calculation

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

Mad Paws Holdings's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.921	+	1.493)	/	2 )	/	9.783	*	365
=	1.207					/	9.783	*	365
=	45.03

Mad Paws Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.493	+	1.916)	/	2 )	/	5.48	*	365 / 2
=	1.7045					/	5.48	*	365 / 2
=	56.76

Mad Paws Holdings (ASX:MPA) 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.

Mad Paws Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.48	/	1.7045
	=	3.22

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.

Mad Paws Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.7045	/	13.933
	=	0.12

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.

Mad Paws Holdings Days Inventory Related Terms

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

Mad Paws Holdings (ASX:MPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Mad Paws Holdings Ltd (ASX:MPA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

126-130 Phillip Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.madpaws.com.au

Mad Paws Holdings Ltd is an Australian-based pet services business whose primary activity is the operation of a pet care services online marketplace. The Mad Paws marketplace matches and connects pet owners seeking pet care services, such as pet sitting, walking, daycare, and grooming, with pet sitters, walkers, and other pet service providers registered on the marketplace. The company operates in two segments, marketplace, and E-commerce & subscription. The majority of revenue is derived from e-commerce & subscription segments.