MGM Resorts International (FRA:MGG) Days Inventory: 4.56 (As of Mar. 2026) — 21% Below Median


FRA:MGG MGM Resorts International FRA:MGG
81 GF Score
Price €41.49
GF Value €41.40
Valuation Fairly Valued
! 10 Warning Signs
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What is MGM Resorts International Days Inventory?

MGM Resorts International FRA:MGG -0.22% 81 Days Inventory is 4.56 as of Mar. 2026, which is 21% below its 10-year median of 5.80. GuruFocus rates FRA:MGG with a GF Score™ of 81/100 and a GF Value™ of €41.40 (Fairly Valued). The stock has 10 warning signs investors should review. Among 693 Travel & Leisure companies, MGM Resorts International ranks better than 81.39% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). MGM Resorts International's Average Total Inventories for the three months ended in Mar. 2026 was €106 Mil. MGM Resorts International's Cost of Goods Sold for the three months ended in Mar. 2026 was €2,132 Mil. Hence, MGM Resorts International's Days Inventory for the three months ended in Mar. 2026 was 4.56.

The historical rank and industry rank for MGM Resorts International's Days Inventory or its related term are showing as below:

FRA:MGG' s Days Inventory Range Over the Past 10 Years
Min: 4.7   Med: 5.8   Max: 10.11
Current: 4.7

During the past 13 years, MGM Resorts International's highest Days Inventory was 10.11. The lowest was 4.70. And the median was 5.80.

FRA:MGG's Days Inventory is ranked better than
81.39% of 693 companies
in the Travel & Leisure industry
Industry Median: 30.86 vs FRA:MGG: 4.70

MGM Resorts International's Days Inventory declined from Mar. 2025 (5.51) to Mar. 2026 (4.56).

Inventory Turnover measures how fast the company turns over its inventory within a year. MGM Resorts International's Inventory Turnover for the three months ended in Mar. 2026 was 20.03.

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. MGM Resorts International's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.03.


MGM Resorts International  (FRA:MGG) 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.

MGM Resorts International's Inventory Turnover for the three months ended in Mar. 2026 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.

MGM Resorts International's Inventory to Revenue for the three months ended in Mar. 2026 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.


MGM Resorts International Days Inventory Related Terms


MGM Resorts International Days Inventory Historical Data

* Premium members only.

The historical data trend for MGM Resorts International'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.

MGM Resorts International Days Inventory Chart

MGM Resorts International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.47 5.94 5.79 5.37 5.27

MGM Resorts International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days 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 5.51 5.05 4.86 4.45 4.56

FRA:MGG vs WYNN, BYD, CZR: Days Inventory Comparison

For the Resorts & Casinos subindustry, MGM Resorts International'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.


MGM Resorts International Days Inventory vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, MGM Resorts International's Days Inventory distribution charts can be found below:

* The bar in red indicates where MGM Resorts International's Days Inventory falls into.


FRA:MGG
81GF Score
MGM Resorts International FRA:MGG
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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MGM Resorts International Days Inventory Calculation

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

MGM Resorts International's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (134.234 + 106.353) / 2 ) / 8324.409*365
=120.2935 / 8324.409*365
=5.27

MGM Resorts International's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (106.353 + 106.532) / 2 ) / 2131.817*365 / 4
=106.4425 / 2131.817*365 / 4
=4.56

* 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 Days Inventory →
What does a Days Inventory of 4.56 mean?
MGM Resorts International (FRA:MGG) has a Days Inventory of 4.56 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on MGM Resorts International and its competitors. This is 21% below median its historical median of 5.80. Over the past decade, MGM Resorts International's Days Inventory has ranged from 4.70 to 10.11. According to the industry distribution chart, MGM Resorts International ranks #129 out of 693 companies in the Travel & Leisure industry, placing it in the top 18.6%.
Is MGM Resorts International's Days Inventory too high?
MGM Resorts International's current Days Inventory of 4.56 is 21% below median its 10-year median of 5.80. Over the past 10 years, this metric has ranged from a low of 4.70 to a high of 10.11. The Travel & Leisure industry median Days Inventory is 30.86. MGM Resorts International's value of 4.56 is 85.2% below this industry median. Based on the distribution chart, MGM Resorts International ranks #129 out of 693 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, MGM Resorts International has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MGM Resorts International's Days Inventory compare to WYNN and BYD?
According to the Travel & Leisure industry distribution chart, MGM Resorts International ranks #129 out of 693 companies for Days Inventory. This places MGM Resorts International in the top 19% of its industry — outperforming the majority of peers. The industry median Days Inventory is 30.86. MGM Resorts International's value of 4.56 is 85.2% below this benchmark. Historically, MGM Resorts International's own Days Inventory has ranged from 4.70 to 10.11 over the past decade. While the company's 10-year median is 5.80 vs. the industry median of 30.86, MGM Resorts International 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 Travel & Leisure company?
The median Days Inventory among Travel & Leisure companies is 30.86, based on 693 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. MGM Resorts International's current Days Inventory of 4.56 is 85.2% 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 MGM Resorts International and its competitors. For the Travel & Leisure industry, the median Days Inventory is 30.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGM Resorts International's current Days Inventory is 4.56, which is 21% below median its own 10-year median of 5.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGM Resorts International stock overvalued right now?
Based on GuruFocus' analysis, MGM Resorts International (FRA:MGG) is currently considered Fairly Valued. The stock's GF Value™ is €41.40, compared to a current price of €41.49 — trading 0.2% above its estimated fair value. The current Days Inventory is 4.56, which is 21% below median its 10-year median of 5.80 and 85.2% below the Travel & Leisure industry median of 30.86. MGM Resorts International's overall GF Score™ is 81/100 with 10 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 MGM Resorts International (FRA:MGG), the current Days Inventory is 4.56 as of Mar. 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 MGM Resorts International (FRA:MGG) Overvalued in 2026?

Based on GuruFocus' analysis, MGM Resorts International stock appears to be overvalued. The current stock price of €41.49 is trading 0.2% above its estimated GF Value™ of €41.40. GuruFocus considers MGM Resorts International to be Fairly Valued.

Key valuation signals for FRA:MGG:

  • Days Inventory: 4.56 (21% below median its 10-year median of 5.80)
  • GF Value™: €41.40 vs. price of €41.49 (0.2% above fair value)
  • GF Score™: 81/100 with 10 warning signs
  • Industry Position: 85.2% below the Travel & Leisure median (#129 of 693)

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


MGM Resorts International Business Description

Address 3600 Las Vegas Boulevard South, Las Vegas, NV, USA, 89109
MGM Resorts is the largest resort operator on the Las Vegas Strip with 37,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 56% of total EBITDAR in 2025. MGM also owns US regional assets, which represented a low 20s share of 2025 EBITDAR (MGM's Macao EBITDAR was 23% of the total in 2025). MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a second property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.
81GF Score

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

€41.49
Price
€41.40
GF Value