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Mortgage Advice Bureau (Holdings) (LSE:MAB1) Days Inventory : 0.00 (As of Dec. 2023)


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What is Mortgage Advice Bureau (Holdings) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mortgage Advice Bureau (Holdings)'s Average Total Inventories for the six months ended in Dec. 2023 was £0.0 Mil. Mortgage Advice Bureau (Holdings)'s Cost of Goods Sold for the six months ended in Dec. 2023 was £84.8 Mil. Hence, Mortgage Advice Bureau (Holdings)'s Days Inventory for the six months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Mortgage Advice Bureau (Holdings)'s Days Inventory or its related term are showing as below:

LSE:MAB1's Days Inventory is not ranked *
in the Banks industry.
Industry Median: 20.295
* Ranked among companies with meaningful Days Inventory only.

Mortgage Advice Bureau (Holdings)'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.

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. Mortgage Advice Bureau (Holdings)'s Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.


Mortgage Advice Bureau (Holdings) Days Inventory Historical Data

The historical data trend for Mortgage Advice Bureau (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.

* Premium members only.

Mortgage Advice Bureau (Holdings) Days Inventory Chart

Mortgage Advice Bureau (Holdings) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Mortgage Advice Bureau (Holdings) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Mortgage Advice Bureau (Holdings)'s Days Inventory

For the Mortgage Finance subindustry, Mortgage Advice Bureau (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.


Mortgage Advice Bureau (Holdings)'s Days Inventory Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mortgage Advice Bureau (Holdings)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Mortgage Advice Bureau (Holdings)'s Days Inventory falls into.



Mortgage Advice Bureau (Holdings) Days Inventory Calculation

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

Mortgage Advice Bureau (Holdings)'s Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 169.371*365
=0 / 169.371*365
=0.00

Mortgage Advice Bureau (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
=( (0 + 0) / 1 ) / 84.77*365 / 2
=0 / 84.77*365 / 2
=0.00

* 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.


Mortgage Advice Bureau (Holdings)  (LSE:MAB1) 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.

Mortgage Advice Bureau (Holdings)'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.

Mortgage Advice Bureau (Holdings)'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.


Mortgage Advice Bureau (Holdings) Days Inventory Related Terms

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


Mortgage Advice Bureau (Holdings) (LSE:MAB1) Business Description

Traded in Other Exchanges
Address
Capital House, Pride Place, Pride Park, Derby, GBR, DE24 8QR
Mortgage Advice Bureau (Holdings) PLC provides mortgage advice and also advice on protection and general insurance products. The group offers advice on residential and buy to let mortgage products. The company has developed customized support services for intermediary firms that operate in estate agency, new build, buy to let, mortgage shops and telephone based mortgage services. The company derives its revenues from mortgage procuration fees, insurance commission, and client fees. Mortgage procuration fees generate the majority of the revenues.

Mortgage Advice Bureau (Holdings) (LSE:MAB1) Headlines

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