The historical rank and industry rank for MTT Group Holdings's Days Inventory or its related term are showing as below:
HKSE:02350'
s Days Inventory Range Over the Past 10 Years
Min: 9.06 Med: 12.31 Max: 25.22
Current: 15.39
During the past 5 years, MTT Group Holdings's highest Days Inventory was 25.22. The lowest was 9.06. And the median was 12.31.
HKSE:02350's Days Inventory is ranked better than 53.7% of 1555
companies
in the Software industry
Industry Median: 18.72
vs HKSE:02350: 15.39
MTT Group Holdings's Days Inventory
increased
from Mar. 2023 (12.82) to Mar. 2024 (14.00).
It might indicate that MTT Group Holdings's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
MTT Group Holdings's Inventory Turnover for the
six
months ended in Mar. 2024 was 13.04.
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.
MTT Group Holdings's Inventory-to-Revenue for the
six
months ended in Mar. 2024 was 0.07.
MTT Group Holdings Days Inventory Historical Data
The historical data trend for MTT Group Holdings'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.
Competitive Comparison of MTT Group Holdings's Days Inventory
For the Information Technology Services subindustry, MTT Group Holdings'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.
MTT Group Holdings's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, MTT Group Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where MTT Group Holdings's Days Inventory falls into.
MTT Group Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
MTT Group Holdings's Days Inventory for the fiscal year that ended in Mar. 2024 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.
MTT Group Holdings (HKSE:02350) 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.
MTT Group Holdings's Inventory Turnover for the
six
months ended in Mar. 2024 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.
MTT Group Holdings's Inventory to Revenue for the
six
months ended in Mar. 2024 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.
MTT Group Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of MTT Group Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
MTT Group Holdings Ltd is engaged in the provision of information technology (IT) solutions. The Company operates through two segments. The Distribution Business segment is principally engaged in the distribution of software and hardware for IT unified communications, network infrastructure, system integration, and data center as well as security solutions. The System Integration Solution Business segment is principally engaged in the provision of IT infrastructure solutions services such as evaluation, consulting and advice, IT product procurement, technology implementation and integration, performance testing, user acceptance testing, and system roll-out as well as others.
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