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MIND TechnologyFRA:MI70 +3.52%46 Days Inventory is 180.64 as of Apr. 2026, which is 14% below its 10-year median of 210.34. GuruFocus rates FRA:MI70 with a GF Score™ of 46/100 and a GF Value™ of €1.14 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,419 Hardware companies, MIND Technology ranks worse than 81.48% on this metric.
The historical rank and industry rank for MIND Technology's Days Inventory or its related term are showing as below:
FRA:MI70'
s Days Inventory Range Over the Past 10 Years
Min: 93.88 Med: 210.34 Max: 316.4
Current: 185.28
During the past 13 years, MIND Technology's highest Days Inventory was 316.40. The lowest was 93.88. And the median was 210.34.
FRA:MI70's Days Inventory is ranked worse than 81.48% of 2419
companies
in the Hardware industry
Industry Median: 94.24
vs FRA:MI70: 185.28
MIND Technology's Days Inventory
declined
from Apr. 2025 (283.15) to Apr. 2026 (180.64).
Inventory Turnover measures how fast the company turns over its inventory within a year.
MIND Technology's Inventory Turnover for the
three
months 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
three
months ended in Apr. 2026 was 1.14.
MIND Technology (FRA:MI70) 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.
MIND Technology's Inventory Turnover for the
three
months ended in Apr. 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.
MIND Technology's Inventory to Revenue for the
three
months ended in Apr. 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.
MIND Technology Days Inventory Related Terms
MIND Technology Days Inventory Historical Data
* Premium members only.
The historical data trend for MIND Technology'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.
FRA:MI70 vs LGL, ACFN, TRCK: Days Inventory Comparison
For the Scientific & Technical Instruments subindustry, MIND Technology'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.
MIND Technology Days Inventory vs Hardware Industry
For the Hardware industry and Technology sector, MIND Technology's Days Inventory distribution charts can be found below:
* The bar in red indicates where MIND Technology'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.
MIND Technology (FRA:MI70) has a Days Inventory of 180.64 as of Apr. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on MIND Technology and its competitors. This is 14% below median its historical median of 210.34. Over the past decade, MIND Technology's Days Inventory has ranged from 93.88 to 316.40. According to the industry distribution chart, MIND Technology ranks #1971 out of 2419 companies in the Hardware industry, placing it in the top 81.5%.
Is MIND Technology's Days Inventory too high?
MIND Technology's current Days Inventory of 180.64 is 14% below median its 10-year median of 210.34. Over the past 10 years, this metric has ranged from a low of 93.88 to a high of 316.40. The Hardware industry median Days Inventory is 94.24. MIND Technology's value of 180.64 is 91.7% above this industry median. Based on the distribution chart, MIND Technology ranks #1971 out of 2419 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, MIND Technology has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MIND Technology's Days Inventory compare to LGL and ACFN?
According to the Hardware industry distribution chart, MIND Technology ranks #1971 out of 2419 companies for Days Inventory. This places MIND Technology in the lower half of its industry. The industry median Days Inventory is 94.24. MIND Technology's value of 180.64 is 91.7% above this benchmark. Historically, MIND Technology's own Days Inventory has ranged from 93.88 to 316.40 over the past decade. While the company's 10-year median is 210.34 vs. the industry median of 94.24, MIND Technology 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 Hardware company?
The median Days Inventory among Hardware companies is 94.24, based on 2,419 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. MIND Technology's current Days Inventory of 180.64 is 91.7% 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 MIND Technology and its competitors. For the Hardware industry, the median Days Inventory is 94.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MIND Technology's current Days Inventory is 180.64, which is 14% below median its own 10-year median of 210.34. 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?
Based on GuruFocus' analysis, MIND Technology (FRA:MI70) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.14, compared to a current price of €4.70 — trading 312.3% above its estimated fair value. The current Days Inventory is 180.64, which is 14% below median its 10-year median of 210.34 and 91.7% above the Hardware industry median of 94.24. MIND Technology's overall GF Score™ is 46/100 with 4 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 MIND Technology (FRA:MI70), the current Days Inventory is 180.64 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 €4.70 is trading 312.3% above its estimated GF Value™ of €1.14.
GuruFocus considers MIND Technology to be Significantly Overvalued.
Key valuation signals for FRA:MI70:
Days Inventory: 180.64 (14% below median its 10-year median of 210.34)
GF Value™: €1.14 vs. price of €4.70 (312.3% above fair value)
Industry Position: 91.7% above the Hardware median (#1971 of 2419)
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 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.
46GF Score
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