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MTGE Investment (MTGE Investment) Days Inventory : 0.00 (As of Jun. 2018)


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What is MTGE Investment Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MTGE Investment's Average Total Inventories for the three months ended in Jun. 2018 was $0.00 Mil. MTGE Investment's Cost of Goods Sold for the three months ended in Jun. 2018 was $6.57 Mil. Hence, MTGE Investment's Days Inventory for the three months ended in Jun. 2018 was 0.00.

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

MTGEP.PFD's Days Inventory is not ranked *
in the REITs industry.
Industry Median: 89.35
* Ranked among companies with meaningful Days Inventory only.

MTGE Investment's Days Inventory stayed the same from Jun. 2017 (0.00) to Jun. 2018 (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. MTGE Investment's Inventory-to-Revenue for the three months ended in Jun. 2018 was 0.00.

MTGE Investment Days Inventory Historical Data

The historical data trend for MTGE Investment'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.

MTGE Investment Days Inventory Chart

MTGE Investment Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Inventory
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MTGE Investment Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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Competitive Comparison of MTGE Investment's Days Inventory

For the REIT - Diversified subindustry, MTGE Investment'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.

MTGE Investment's Days Inventory Distribution in the REITs Industry

For the REITs industry and Real Estate sector, MTGE Investment's Days Inventory distribution charts can be found below:

* The bar in red indicates where MTGE Investment's Days Inventory falls into.


MTGE Investment Days Inventory Calculation

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

MTGE Investment's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

Days Inventory (A: Dec. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (0 + 0) / 1 ) / 26.695*365
=0 / 26.695*365
=0.00

MTGE Investment's Days Inventory for the quarter that ended in Jun. 2018 is calculated as:

Days Inventory (Q: Jun. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2018 ) + Total Inventories (Q: Jun. 2018 )) / count ) / Cost of Goods Sold (Q: Jun. 2018 )*Days in Period
=( (0 + 0) / 1 ) / 6.571*365 / 4
=0 / 6.571*365 / 4
=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.

MTGE Investment  (NAS:MTGEP.PFD) 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.

MTGE Investment's Inventory Turnover for the three months ended in Jun. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=6.571 / 0
=

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.

MTGE Investment's Inventory to Revenue for the three months ended in Jun. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 8.411
=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.

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.

MTGE Investment Days Inventory Related Terms

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

MTGE Investment (MTGE Investment) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » MTGE Investment Corp (NAS:MTGEP.PFD) » Definitions » Days Inventory
Comparable Companies
HIFR ASX:CLW BKK:WHART TSE:8977 XTER:HAB XPAR:ARG MIL:IGD JSE:IPF XTAE:RIT1 AFIN XMAD:YZBL AHH XBRU:WEHB XMAD:LRE SGX:CRPU JSE:ATT TSX:AX.UN XBRU:INTO RC TSE:8966
Traded in Other Exchanges
N/A
Address
Website
http://www.mtge.com
MTGE Investment is a hybrid mortgage REIT that invests in, finances, and manages a portfolio of agency mortgage-backed securities, nonagency mortgage investments, and other real estate-related assets. Its residential mortgage-backed securities, or RMBS, include residential mortgage pass-through certificates and collateralised mortgage obligations. Its nonagency mortgage investments comprise RMBS backed by residential mortgages, as well as prime and nonprime residential mortgage loans. The company generates its revenue from the interest earned and lease payments received on its investment assets. MTGE Investment's assets are externally managed by a subsidiary of AGNC Investment.
Executives
Julia Lynn Coronado director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Robert M. Couch director AMERICAN CAPITAL AGENCY CORP., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Randy E. Dobbs director C/O VIEMED HEALTHCARE, INC, 625 E. KALISTE SALOOM RD, LAFAYETTE LA 70508
Sean Reid officer: CEO AGNC INVESTMENT CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Steven W. Abrahams director MTGE INVESTMENT CORP., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Kenneth L. Pollack officer: SVP and Secretary AMERICAN CAPITAL AGENCY CORP., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Donald Holley officer: SVP and Chief Accounting Off. AMERICAN CAPITAL MORTGAGE INVESTMENT COR, 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Aaron Pas officer: SVP AMERICAN CAPITAL MORTGAGE INVESTMENT COR, 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Prue Larocca director AMERICAN CAPITAL AGENCY CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Sab Capital Advisors Llc 10 percent owner 767 FIFTH AVENUE, 45TH FLOOR, NEW YORK NY 10153
Sab Capital Management Llc 10 percent owner 767 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10153
Sab Capital Management Lp 10 percent owner 767 FIFTH AVENUE, 45TH FLOOR, NEW YORK NY 10153
Scott A Bommer 10 percent owner 712 FIFTH AVE, NEW YORK NY 10019
Christopher Kuehl officer: SVP, Agency Portfolio Invt AMERICAN CAPITAL AGENCY CORP., 7373 WISCONSIN AVENUE, 22ND FL, BETHESDA MD 20814
John R Erickson director, officer: EVP, CFO and Asst. Sec. 2 BETHESDA METRO CENTER, 14TH FLOOR, BETHESDA MD 20814