MIND Technology (FRA:MI70) Change In Inventory: €1.93 Mil (TTM As of Apr. 2026)

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FRA:MI70 MIND Technology Inc FRA:MI70
44 GF Score
Price €3.84
GF Value €1.14
! 4 Warning Signs
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What is MIND Technology Change In Inventory?

MIND Technology FRA:MI70 +1.59% 44 Change In Inventory is €1.93 Mil as of Apr. 2026. GuruFocus rates FRA:MI70 with a GF Score™ of 44/100 and a GF Value™ of €1.14. The stock has 4 warning signs investors should review.

MIND Technology's change in inventory for the quarter that ended in Apr. 2026 was €0.15 Mil. It means MIND Technology's inventory declined by €0.15 Mil from Jan. 2026 to Apr. 2026 .

MIND Technology's change in inventory for the fiscal year that ended in Jan. 2026 was €2.01 Mil. It means MIND Technology's inventory declined by €2.01 Mil from Jan. 2025 to Jan. 2026 .

MIND Technology's Total Inventories for the quarter that ended in Apr. 2026 was €9.39 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MIND Technology's Days Inventory for the quarter that ended in Apr. 2026 was 180.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. MIND Technology's Inventory Turnover for the quarter that ended in Apr. 2026 was 0.51.

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. MIND Technology's Inventory-to-Revenue for the quarter that ended in Apr. 2026 was 1.14.

MIND Technology  (FRA:MI70) Change In Inventory Explanation

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

MIND Technology's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=9.437/4.767*365 / 4
=180.64

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

MIND Technology's Inventory Turnover for the quarter that ended in Apr. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=4.767 / 9.437
=0.51

3. 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.

MIND Technology's Inventory to Revenue for the quarter that ended in Apr. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=9.437 / 8.27
=1.14

* 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.

MIND Technology Change In Inventory Related Terms

MIND Technology Change In Inventory Historical Data

* Premium members only.

The historical data trend for MIND Technology's Change In 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.

MIND Technology Change In Inventory Chart

MIND Technology Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.72 -1.63 -3.31 -0.43 2.01

MIND Technology Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Change In 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 0.25 1.38 0.08 0.32 0.15
FRA:MI70
44GF Score
MIND Technology Inc FRA:MI70
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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MIND Technology Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.93 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of €1.93 Mil mean?
MIND Technology (FRA:MI70) has a Change In Inventory of €1.93 Mil as of Apr. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for MIND Technology and its competitors.
Is MIND Technology's Change In Inventory too high?
MIND Technology's current Change In Inventory is €1.93 Mil. Overall, MIND Technology has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does MIND Technology's Change In Inventory compare to ACFN and LGL?
MIND Technology's Change In Inventory of €1.93 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Hardware company?
A good Change In Inventory depends on the Hardware industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for MIND Technology and its competitors. MIND Technology's current Change In Inventory is €1.93 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIND Technology stock overvalued right now?
MIND Technology (FRA:MI70) has a current Change In Inventory of €1.93 Mil. The stock's GF Value™ is €1.14, compared to a current price of €3.84 — trading 236.8% above its estimated fair value. The current Change In Inventory is €1.93 Mil. MIND Technology's overall GF Score™ is 44/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For MIND Technology (FRA:MI70), the current Change In Inventory is €1.93 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MIND Technology (FRA:MI70) Overvalued in 2026?

Based on GuruFocus' analysis, MIND Technology stock appears to be overvalued. The current stock price of €3.84 is trading 236.8% above its estimated GF Value™ of €1.14.

Key valuation signals for FRA:MI70:

  • Change In Inventory: €1.93 Mil
  • GF Value™: €1.14 vs. price of €3.84 (236.8% above fair value)
  • GF Score™: 44/100 with 4 warning signs

No single metric tells the full story. See the FRA:MI70 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MIND Technology Business Description

Other Exchanges MIND:USA
Address 2002 Timberloch Place, Suite 550, The Woodlands, TX, USA, 77380
MIND Technology Inc provides technology and solutions for exploration, survey, and defense applications in oceanographic, hydrographic, defense, seismic, and security industries. The company operates in single segment namely, Seamap which provides services and products, including engineering, repairs and software licensing, utilized in marine exploration, marine survey and maritime security for marine survey companies, seismic survey contractors, research institutes, non-military government organizations and operators of port facilities and other offshore installations. The company generates more revenue from Seamap Marine Products. The company's geographical segments include the United States; China, Norway; Turkey; Singapore; and Canada & Other.
44GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.84
Price
€1.14
GF Value