Microalliance Group (Microalliance Group) Days Inventory : 957.87 (As of Sep. 2022)

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What is Microalliance Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Microalliance Group's Average Total Inventories for the three months ended in Sep. 2022 was $18.42 Mil. Microalliance Group's Cost of Goods Sold for the three months ended in Sep. 2022 was $1.76 Mil. Hence, Microalliance Group's Days Inventory for the three months ended in Sep. 2022 was 957.87.

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

MALG's Days Inventory is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 82.33
* Ranked among companies with meaningful Days Inventory only.

Microalliance Group's Days Inventory increased from Sep. 2021 (170.35) to Sep. 2022 (957.87). It might indicate that Microalliance Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Microalliance Group's Inventory Turnover for the three months ended in Sep. 2022 was 0.10.

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. Microalliance Group's Inventory-to-Revenue for the three months ended in Sep. 2022 was 4.88.

Microalliance Group Days Inventory Historical Data

The historical data trend for Microalliance Group'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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Microalliance Group Days Inventory Chart

Microalliance Group Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec19

Dec20

Dec21

Days Inventory

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92.91

141.02

249.21

Microalliance Group Quarterly Data
	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Days Inventory	Get a 7-Day Free Trial															170.35	519.05	824.62	1,280.88	957.87

Competitive Comparison of Microalliance Group's Days Inventory

For the Packaged Foods subindustry, Microalliance Group'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.

Microalliance Group's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Microalliance Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Microalliance Group's Days Inventory falls into.

Microalliance Group Days Inventory Calculation

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

Microalliance Group's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

	Days Inventory (A: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (0.066	+	14.167)	/	2 )	/	10.423	*	365
=	7.1165					/	10.423	*	365
=	249.21

Microalliance Group's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

	Days Inventory (Q: Sep. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (18.992	+	17.853)	/	2 )	/	1.755	*	365 / 4
=	18.4225					/	1.755	*	365 / 4
=	957.87

Microalliance Group (OTCPK:MALG) 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.

Microalliance Group's Inventory Turnover for the three months ended in Sep. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.755	/	18.4225
	=	0.10

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.

Microalliance Group's Inventory to Revenue for the three months ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18.4225	/	3.776
	=	4.88

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.

Microalliance Group Days Inventory Related Terms

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

Microalliance Group (Microalliance Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Microalliance Group Inc (OTCPK:MALG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industrial East Street, Shatoujiao Street, 4th Floor, Building 10, Yantian International Creative Port, Yantian District, Guangdong Province, Shenzhen, CHN, 518000

Website

https://www.fountainhealthyaging.com

Microalliance Group Inc is engaged in two types of products: coffee and liquor. The Company develops, produces, markets and sells under the brand name coffee tea products, which are specialty coffee products with Chinese black tea's taste, as well as black coffee products and other coffee products. The Company sells its coffee products wholesale to retail partners and corporate customers, as well as directly to consumers in the PRC via its e-commerce channels. Its licensed Nainiang Liquor retail stores have opened in cities in China, such as Beijing, Shanghai, Shenzhen, Xiamen, Chongqing, Chengdu, Kunming, Foshan, Zhaoqing, Huangshan, Jingzhou and Baoding. The Company generates more revenues than from the coffee business.

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