Mkango Resources (LSE:MKA) Days Inventory: 14.60 (As of Mar. 2026)


LSE:MKA Mkango Resources Ltd LSE:MKA
32 GF Score
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What is Mkango Resources Days Inventory?

Mkango Resources LSE:MKA -2.33% 32 Days Inventory is 14.60 as of Mar. 2026. GuruFocus rates LSE:MKA with a GF Score™ of 32/100. The stock has 4 warning signs investors should review. Among 682 Metals & Mining companies, Mkango Resources ranks better than 66.42% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Mkango Resources's Average Total Inventories for the three months ended in Mar. 2026 was £0.01 Mil. Mkango Resources's Cost of Goods Sold for the three months ended in Mar. 2026 was £0.05 Mil. Hence, Mkango Resources's Days Inventory for the three months ended in Mar. 2026 was 14.60.

The historical rank and industry rank for Mkango Resources's Days Inventory or its related term are showing as below:

LSE:MKA' s Days Inventory Range Over the Past 10 Years
Min: 0   Med: 0   Max: 60.83
Current: 60.83

During the past 13 years, Mkango Resources's highest Days Inventory was 60.83. The lowest was 0.00. And the median was 0.00.

LSE:MKA's Days Inventory is ranked better than
66.42% of 682 companies
in the Metals & Mining industry
Industry Median: 86.01 vs LSE:MKA: 60.83

Mkango Resources's Days Inventory increased from Mar. 2025 (0.00) to Mar. 2026 (14.60). It might indicate that Mkango Resources's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mkango Resources's Inventory Turnover for the three months ended in Mar. 2026 was 6.25.

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. Mkango Resources's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.21.


Mkango Resources  (LSE:MKA) 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.

Mkango Resources'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.

Mkango Resources'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.


Mkango Resources Days Inventory Related Terms


Mkango Resources Days Inventory Historical Data

* Premium members only.

The historical data trend for Mkango 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.

Mkango Resources Days Inventory Chart

Mkango Resources 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 0.00 0.00 0.00 0.00 0.00

Mkango Resources 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 0.00 0.00 0.00 0.00 14.60

Mkango Resources Days Inventory Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mkango 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.


Mkango Resources Days Inventory vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mkango Resources's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mkango Resources's Days Inventory falls into.


LSE:MKA
32GF Score
Mkango Resources Ltd LSE:MKA
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Mkango Resources Days Inventory Calculation

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

Mkango Resources'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
=( (0 + 0) / 1 ) / 0.652*365
=0 / 0.652*365
=0.00

Mkango Resources'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
=( (0 + 0.008) / 1 ) / 0.05*365 / 4
=0.008 / 0.05*365 / 4
=14.60

* 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 14.60 mean?
Mkango Resources (LSE:MKA) has a Days Inventory of 14.60 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Mkango Resources and its competitors. According to the industry distribution chart, Mkango Resources ranks #229 out of 682 companies in the Metals & Mining industry, placing it in the top 33.6%.
Is Mkango Resources' Days Inventory too high?
Mkango Resources' current Days Inventory is 14.60. The Metals & Mining industry median Days Inventory is 86.01. Mkango Resources' value of 14.60 is 83% below this industry median. Based on the distribution chart, Mkango Resources ranks #229 out of 682 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Mkango Resources has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Mkango Resources' Days Inventory compare to competitors?
According to the Metals & Mining industry distribution chart, Mkango Resources ranks #229 out of 682 companies for Days Inventory. This puts Mkango Resources in the upper half of its industry. The industry median Days Inventory is 86.01. Mkango Resources' value of 14.60 is 83% below this benchmark. 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 Metals & Mining company?
The median Days Inventory among Metals & Mining companies is 86.01, based on 682 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. Mkango Resources's current Days Inventory of 14.60 is 83% 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 Mkango Resources and its competitors. For the Metals & Mining industry, the median Days Inventory is 86.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mkango Resources's current Days Inventory is 14.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mkango Resources stock overvalued right now?
Mkango Resources (LSE:MKA) has a current Days Inventory of 14.60. The current Days Inventory is 14.60 and 83% below the Metals & Mining industry median of 86.01. Mkango Resources' overall GF Score™ is 32/100 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 Mkango Resources (LSE:MKA), the current Days Inventory is 14.60 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.

Mkango Resources Business Description

Address 550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3
Mkango Resources Ltd is engaged in the exploration and development of rare earth elements and associated minerals in the Republic of Malawi. The company holds interests in exclusive prospecting licenses in Malawi namely the Phalombe license, the Thambani license, the Chimimbe license, and the Mchinji license. Mkango also has an exploration portfolio in Malawi, including the Mchinji rutile discovery, in addition to the Thambani uranium-tantalum-niobium-zircon project and Chimimbe nickel-cobalt project. The company operates in three reportable segments: Rare earths recycling projects; Rare earths mining and refining projects; and Corporate. Geographically, it operates in United Kingdom; Malawi; Germany; and Poland. It derives maximum revenue from Germany.
32GF Score

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