Mirvac GroupASX:MGR -0.58%71 Days Inventory is 190.98 as of Dec. 2025, which is 1% above its 10-year median of 188.47. GuruFocus rates ASX:MGR with a GF Score™ of 71/100 and a GF Value™ of A$2.30 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 166 REITs companies, Mirvac Group ranks worse than 53.01% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Mirvac Group's Average Total Inventories for the
six
months ended in Dec. 2025 was A$958 Mil. Mirvac Group's Cost of Goods Sold for the
six
months ended in Dec. 2025 was A$915 Mil.
Hence, Mirvac Group's Days Inventory for the
six
months ended in Dec. 2025 was 190.98.
The historical rank and industry rank for Mirvac Group's Days Inventory or its related term are showing as below:
ASX:MGR'
s Days Inventory Range Over the Past 10 Years
Min: 158.79 Med: 188.47 Max: 386.45
Current: 190.68
During the past 13 years, Mirvac Group's highest Days Inventory was 386.45. The lowest was 158.79. And the median was 188.47.
ASX:MGR's Days Inventory is ranked worse than 53.01% of 166
companies
in the REITs industry
Industry Median: 165.54
vs ASX:MGR: 190.68
Mirvac Group's Days Inventory
declined
from Dec. 2024 (277.64) to Dec. 2025 (190.98).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Mirvac Group's Inventory Turnover for the
six
months ended in Dec. 2025 was 0.96.
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.
Mirvac Group's Inventory-to-Revenue for the
six
months ended in Dec. 2025 was 0.74.
Mirvac Group (ASX:MGR) 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.
Mirvac Group's Inventory Turnover for the
six
months ended in Dec. 2025 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.
Mirvac Group's Inventory to Revenue for the
six
months ended in Dec. 2025 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.
Mirvac Group Days Inventory Related Terms
Mirvac Group Days Inventory Historical Data
* Premium members only.
The historical data trend for Mirvac 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.
ASX:MGR vs VICI, WPC, BNL: Days Inventory Comparison
For the REIT - Diversified subindustry, Mirvac 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.
Mirvac Group Days Inventory vs REITs Industry
For the REITs industry and Real Estate sector, Mirvac Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Mirvac Group's Days Inventory falls into.
* 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.
Mirvac Group (ASX:MGR) has a Days Inventory of 190.98 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Mirvac Group and its competitors. This is near median its historical median of 188.47. Over the past decade, Mirvac Group's Days Inventory has ranged from 158.79 to 386.45. According to the industry distribution chart, Mirvac Group ranks #88 out of 166 companies in the REITs industry, placing it in the top 53%.
Is Mirvac Group's Days Inventory too high?
Mirvac Group's current Days Inventory of 190.98 is near median its 10-year median of 188.47. Over the past 10 years, this metric has ranged from a low of 158.79 to a high of 386.45. The REITs industry median Days Inventory is 165.54. Mirvac Group's value of 190.98 is 15.4% above this industry median. Based on the distribution chart, Mirvac Group ranks #88 out of 166 companies in the REITs industry, which is below the industry midpoint. Overall, Mirvac Group has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mirvac Group's Days Inventory compare to VICI and WPC?
According to the REITs industry distribution chart, Mirvac Group ranks #88 out of 166 companies for Days Inventory. This places Mirvac Group in the lower half of its industry. The industry median Days Inventory is 165.54. Mirvac Group's value of 190.98 is 15.4% above this benchmark. Historically, Mirvac Group's own Days Inventory has ranged from 158.79 to 386.45 over the past decade. While the company's 10-year median is 188.47 vs. the industry median of 165.54, Mirvac Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a REITs company?
The median Days Inventory among REITs companies is 165.54, based on 166 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mirvac Group's current Days Inventory of 190.98 is 15.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Mirvac Group and its competitors. For the REITs industry, the median Days Inventory is 165.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mirvac Group's current Days Inventory is 190.98, which is near median its own 10-year median of 188.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirvac Group stock overvalued right now?
Based on GuruFocus' analysis, Mirvac Group (ASX:MGR) is currently considered Modestly Undervalued. The stock's GF Value™ is A$2.30, compared to a current price of A$1.71 — trading 25.7% below its estimated fair value. The current Days Inventory is 190.98, which is near median its 10-year median of 188.47 and 15.4% above the REITs industry median of 165.54. Mirvac Group's overall GF Score™ is 71/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Mirvac Group (ASX:MGR), the current Days Inventory is 190.98 as of Dec. 2025. 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 Mirvac Group (ASX:MGR) Overvalued in 2026?
Based on GuruFocus' analysis, Mirvac Group stock appears to be undervalued.
The current stock price of A$1.71 is trading 25.7% below its estimated GF Value™ of A$2.30.
GuruFocus considers Mirvac Group to be Modestly Undervalued.
Key valuation signals for ASX:MGR:
Days Inventory: 190.98 (near median its 10-year median of 188.47)
GF Value™: A$2.30 vs. price of A$1.71 (25.7% below fair value)
Industry Position: 15.4% above the REITs median (#88 of 166)
No single metric tells the full story. See the ASX:MGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mirvac started off as a residential property developer and over time expanded into property investment, funds management, and commercial property development. Investment is the major earnings driver, generating about two-thirds of group earnings. The investment portfolio, by book value, is made up of 50% office, 20% retail, 15% industrial and the rest is build-to-rent and land lease assets. Longer term, Mirvac aims to increase exposure to the industrial and living sectors and own fewer offices and retail centers. Development income is volatile and was around one-fourth of fiscal 2025 group earnings. Besides developing apartments and houses, which Mirvac is best known for, it is also involved in commercial and mixed-use precinct developments.
71GF Score
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