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MGX ResourcesASX:MGX -2.94%50 Days Inventory is 30.00 as of Dec. 2025, which is 45% below its 10-year median of 54.62. GuruFocus rates ASX:MGX with a GF Score™ of 50/100 and a GF Value™ of A$0.31 (Fairly Valued). The stock has 2 warning signs investors should review. Among 582 Steel companies, MGX Resources ranks better than 89.69% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). MGX Resources's Average Total Inventories for the
six
months ended in Dec. 2025 was A$20.3 Mil. MGX Resources's Cost of Goods Sold for the
six
months ended in Dec. 2025 was A$123.3 Mil.
Hence, MGX Resources's Days Inventory for the
six
months ended in Dec. 2025 was 30.00.
The historical rank and industry rank for MGX Resources's Days Inventory or its related term are showing as below:
ASX:MGX'
s Days Inventory Range Over the Past 10 Years
Min: 32.43 Med: 54.62 Max: 79.11
Current: 32.43
During the past 13 years, MGX Resources's highest Days Inventory was 79.11. The lowest was 32.43. And the median was 54.62.
ASX:MGX's Days Inventory is ranked better than 89.69% of 582
companies
in the Steel industry
Industry Median: 86.57
vs ASX:MGX: 32.43
MGX Resources's Days Inventory
declined
from Dec. 2024 (63.00) to Dec. 2025 (30.00).
Inventory Turnover measures how fast the company turns over its inventory within a year.
MGX Resources's Inventory Turnover for the
six
months ended in Dec. 2025 was 6.08.
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.
MGX Resources's Inventory-to-Revenue for the
six
months ended in Dec. 2025 was 0.14.
MGX Resources (ASX:MGX) 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.
MGX Resources'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.
MGX Resources'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.
MGX Resources Days Inventory Related Terms
MGX Resources Days Inventory Historical Data
* Premium members only.
The historical data trend for MGX Resources'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:MGX vs NUE, STLD, RS: Days Inventory Comparison
For the Steel subindustry, MGX Resources'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.
MGX Resources Days Inventory vs Steel Industry
For the Steel industry and Basic Materials sector, MGX Resources's Days Inventory distribution charts can be found below:
* The bar in red indicates where MGX Resources'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.
MGX Resources (ASX:MGX) has a Days Inventory of 30.00 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on MGX Resources and its competitors. This is 45% below median its historical median of 54.62. Over the past decade, MGX Resources' Days Inventory has ranged from 32.43 to 79.11. According to the industry distribution chart, MGX Resources ranks #60 out of 582 companies in the Steel industry, placing it in the top 10.3%.
Is MGX Resources' Days Inventory too high?
MGX Resources' current Days Inventory of 30.00 is 45% below median its 10-year median of 54.62. Over the past 10 years, this metric has ranged from a low of 32.43 to a high of 79.11. The Steel industry median Days Inventory is 86.57. MGX Resources' value of 30.00 is 65.3% below this industry median. Based on the distribution chart, MGX Resources ranks #60 out of 582 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, MGX Resources has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MGX Resources' Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, MGX Resources ranks #60 out of 582 companies for Days Inventory. This places MGX Resources in the top 10% of its industry — outperforming the majority of peers. The industry median Days Inventory is 86.57. MGX Resources' value of 30.00 is 65.3% below this benchmark. Historically, MGX Resources' own Days Inventory has ranged from 32.43 to 79.11 over the past decade. While the company's 10-year median is 54.62 vs. the industry median of 86.57, MGX Resources has consistently been below 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 Steel company?
The median Days Inventory among Steel companies is 86.57, based on 582 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. MGX Resources's current Days Inventory of 30.00 is 65.3% below 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 MGX Resources and its competitors. For the Steel industry, the median Days Inventory is 86.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGX Resources's current Days Inventory is 30.00, which is 45% below median its own 10-year median of 54.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGX Resources stock overvalued right now?
Based on GuruFocus' analysis, MGX Resources (ASX:MGX) is currently considered Fairly Valued. The stock's GF Value™ is A$0.31, compared to a current price of A$0.33 — trading 6.5% above its estimated fair value. The current Days Inventory is 30.00, which is 45% below median its 10-year median of 54.62 and 65.3% below the Steel industry median of 86.57. MGX Resources' overall GF Score™ is 50/100 with 2 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 MGX Resources (ASX:MGX), the current Days Inventory is 30.00 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 MGX Resources (ASX:MGX) Overvalued in 2026?
Based on GuruFocus' analysis, MGX Resources stock appears to be overvalued.
The current stock price of A$0.33 is trading 6.5% above its estimated GF Value™ of A$0.31.
GuruFocus considers MGX Resources to be Fairly Valued.
Key valuation signals for ASX:MGX:
Days Inventory: 30.00 (45% below median its 10-year median of 54.62)
GF Value™: A$0.31 vs. price of A$0.33 (6.5% above fair value)
Industry Position: 65.3% below the Steel median (#60 of 582)
No single metric tells the full story. See the ASX:MGX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MGX Resources Ltd is an Australian mining company. The company's flagship production asset is the Koolan Island mine in WA's Kimberley region. The Company also holds precious and base metals exploration tenements in the Mid-West and Gascoyne regions of Western Australia. Its other projects include the Central Tanami Gold Project and the WA Exploration - Tallering Peak and Edmund Basin.
50GF Score
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