3D Metal Forge (ASX:3MF) Days Inventory : 73.90 (As of Dec. 2021)

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What is 3D Metal Forge Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). 3D Metal Forge's Average Total Inventories for the six months ended in Dec. 2021 was A$0.20 Mil. 3D Metal Forge's Cost of Goods Sold for the six months ended in Dec. 2021 was A$0.49 Mil. Hence, 3D Metal Forge's Days Inventory for the six months ended in Dec. 2021 was 73.90.

The historical rank and industry rank for 3D Metal Forge's Days Inventory or its related term are showing as below:

ASX:3MF's Days Inventory is not ranked ^*
in the Industrial Products industry.
Industry Median: 120.59
* Ranked among companies with meaningful Days Inventory only.

3D Metal Forge's Days Inventory increased from . 20 (0.00) to Dec. 2021 (73.90). It might indicate that 3D Metal Forge's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. 3D Metal Forge's Inventory Turnover for the six months ended in Dec. 2021 was 2.47.

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. 3D Metal Forge's Inventory-to-Revenue for the six months ended in Dec. 2021 was 0.34.

3D Metal Forge Days Inventory Historical Data

The historical data trend for 3D Metal Forge'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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3D Metal Forge Days Inventory Chart

3D Metal Forge Annual Data

Trend

Dec21

Days Inventory

123.40

3D Metal Forge Semi-Annual Data
	Jun21	Dec21
Days Inventory	37.97	73.90

Competitive Comparison of 3D Metal Forge's Days Inventory

For the Metal Fabrication subindustry, 3D Metal Forge'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.

3D Metal Forge's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, 3D Metal Forge's Days Inventory distribution charts can be found below:

* The bar in red indicates where 3D Metal Forge's Days Inventory falls into.

3D Metal Forge Days Inventory Calculation

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

3D Metal Forge'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: . 20 )	+	Total Inventories (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (	+	0.308)	/	1 )	/	0.911	*	365
=	0.308					/	0.911	*	365
=	123.40

3D Metal Forge's Days Inventory for the quarter that ended in Dec. 2021 is calculated as:

	Days Inventory (Q: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2021 )	+	Total Inventories (Q: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
=	( (0.088	+	0.308)	/	2 )	/	0.489	*	365 / 2
=	0.198					/	0.489	*	365 / 2
=	73.90

3D Metal Forge (ASX:3MF) 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.

3D Metal Forge's Inventory Turnover for the six months ended in Dec. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.489	/	0.198
	=	2.47

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.

3D Metal Forge's Inventory to Revenue for the six months ended in Dec. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.198	/	0.576
	=	0.34

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.

3D Metal Forge Days Inventory Related Terms

Thank you for viewing the detailed overview of 3D Metal Forge's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

3D Metal Forge (ASX:3MF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » 3D Metal Forge Ltd (ASX:3MF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Ord Street, Ground Floor, West Perth, Perth, WA, AUS, 6005

Website

https://www.3dmetalforge.com

3D Metal Forge Ltd is engaged in the business of providing 3D metal printing solutions and services. Also, the company provides diagnostic analysis, design services, client facility operation, and training services. Its geographical segments include Australia; Singapore and United States. The company generates maximum revenue from Singapore.

3D Metal Forge (ASX:3MF) Headlines

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