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Mitchell Services (ASX:MSV) Days Inventory : 0.00 (As of Dec. 2023)


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What is Mitchell Services Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mitchell Services's Average Total Inventories for the six months ended in Dec. 2023 was A$9.1 Mil. Mitchell Services's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.0 Mil.

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

ASX:MSV' s Days Inventory Range Over the Past 10 Years
Min: 52.87   Med: 85.83   Max: 276.77
Current: 117.3

During the past 12 years, Mitchell Services's highest Days Inventory was 276.77. The lowest was 52.87. And the median was 85.83.

ASX:MSV's Days Inventory is ranked worse than
66.06% of 660 companies
in the Metals & Mining industry
Industry Median: 88.655 vs ASX:MSV: 117.30

Mitchell Services's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Mitchell Services's Inventory Turnover for the six months ended in Dec. 2023 was 0.00.

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. Mitchell Services's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.07.


Mitchell Services Days Inventory Historical Data

The historical data trend for Mitchell Services'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.

Mitchell Services Days Inventory Chart

Mitchell Services Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.87 60.51 84.92 86.74 101.88

Mitchell Services Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 49.76 - 58.34 -

Competitive Comparison of Mitchell Services's Days Inventory

For the Other Industrial Metals & Mining subindustry, Mitchell Services'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.


Mitchell Services's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mitchell Services's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mitchell Services's Days Inventory falls into.



Mitchell Services Days Inventory Calculation

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

Mitchell Services'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
=( (7.237 + 8.845) / 2 ) / 28.809*365
=8.041 / 28.809*365
=101.88

Mitchell Services'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
=( (8.845 + 9.356) / 2 ) / 0*365 / 2
=9.1005 / 0*365 / 2
=N/A

* 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.


Mitchell Services  (ASX:MSV) 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.

Mitchell Services's Inventory Turnover for the six 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.

Mitchell Services's Inventory to Revenue for the six 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.


Mitchell Services Days Inventory Related Terms

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


Mitchell Services (ASX:MSV) Business Description

Traded in Other Exchanges
N/A
Address
112 Bluestone Circuit, Seventeen Mile Rocks, Brisbane, QLD, AUS, 4073
Mitchell Services Ltd provides drilling services to the global exploration, mining, and energy industries. Its services extend across three key drilling divisions namely exploration, mine services, and underground. It provides drilling solutions at all stages of the mining lifecycle in both the minerals and energy sectors. The group's services include grassroots exploration, project feasibility, construction, production, closure and remediation. The company generates the majority of its revenue from Surface drilling services.

Mitchell Services (ASX:MSV) Headlines

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