Me Lin Steel JSC (HSTC:MEL) Days Inventory: 0.00 (As of . 20)


What is Me Lin Steel JSC Days Inventory?

Me Lin Steel JSC HSTC:MEL Days Inventory is 0.00 as of . 20. Among 581 Steel companies, Me Lin Steel JSC ranks worse than 172116.87% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Me Lin Steel JSC's Average Total Inventories for the six months ended in . 20 was ₫0.00 Mil. Me Lin Steel JSC's Cost of Goods Sold for the six months ended in . 20 was ₫0.00 Mil.

The historical rank and industry rank for Me Lin Steel JSC's Days Inventory or its related term are showing as below:

HSTC:MEL's Days Inventory is not ranked *
in the Steel industry.
Industry Median: 86.42
* Ranked among companies with meaningful Days Inventory only.

Me Lin Steel JSC's Days Inventory stayed the same from . 20 (0.00) to . 20 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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.

Me Lin Steel JSC  (HSTC:MEL) 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.

Me Lin Steel JSC's Inventory Turnover for the six months ended in . 20 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
= / 0
=

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.

Me Lin Steel JSC's Inventory to Revenue for the six months ended in . 20 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 /
=

* 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.

Me Lin Steel JSC Days Inventory Related Terms

Me Lin Steel JSC Days Inventory Historical Data

* Premium members only.

The historical data trend for Me Lin Steel JSC'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.

Me Lin Steel JSC Days Inventory Chart

Me Lin Steel JSC Annual Data
Trend
Days Inventory

Me Lin Steel JSC Semi-Annual Data
Days Inventory

Me Lin Steel JSC Days Inventory Competitor Comparison

For the Steel subindustry, Me Lin Steel JSC'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.

Me Lin Steel JSC Days Inventory vs Steel Industry

For the Steel industry and Basic Materials sector, Me Lin Steel JSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Me Lin Steel JSC's Days Inventory falls into.


Me Lin Steel JSC Days Inventory Calculation

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

Me Lin Steel JSC's Days Inventory for the fiscal year that ended in . 20 is calculated as

Days Inventory (A: . 20 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: . 20 ) + Total Inventories (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

Me Lin Steel JSC's Days Inventory for the quarter that ended in . 20 is calculated as:

Days Inventory (Q: . 20 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: . 20 ) + Total Inventories (Q: . 20 )) / count ) / Cost of Goods Sold (Q: . 20 )*Days in Period
=( ( + ) / 1 ) / *365 / 2
=0 / *365 / 2
=N/A

* 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 0.00 mean?
Me Lin Steel JSC (HSTC:MEL) has a Days Inventory of 0.00 as of . 20. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Me Lin Steel JSC and its competitors. According to the industry distribution chart, Me Lin Steel JSC ranks #999999 out of 581 companies in the Steel industry.
Is Me Lin Steel JSC's Days Inventory too high?
Me Lin Steel JSC's current Days Inventory is 0.00. Based on the distribution chart, Me Lin Steel JSC ranks #999999 out of 581 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Me Lin Steel JSC's Days Inventory compare to competitors?
According to the Steel industry distribution chart, Me Lin Steel JSC ranks #999999 out of 581 companies for Days Inventory. This places Me Lin Steel JSC in the lower half of its industry. The industry median Days Inventory is 86.42. 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 86.42, based on 581 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. 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 Me Lin Steel JSC and its competitors. For the Steel industry, the median Days Inventory is 86.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Me Lin Steel JSC's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Me Lin Steel JSC stock overvalued right now?
Me Lin Steel JSC (HSTC:MEL) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. 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 Me Lin Steel JSC (HSTC:MEL), the current Days Inventory is 0.00 as of . 20. 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.

Me Lin Steel JSC Business Description

Address No. 8 Administrative Zone, Dong Da Ward, Vinh Phuc Province, Vinh Yen City, VNM
Me Lin Steel JSC operates in the steel industry. The business activities of the company are processing, manufacturing, trading, importing, and exporting steel products, wholesale of machinery and spare parts, warehousing rental service, and investment in industrial parks, urban areas, and offices.