Mercantile Ports and Logistics (LSE:MPL) Days Inventory : 14.20 (As of Jun. 2023)

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What is Mercantile Ports and Logistics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mercantile Ports and Logistics's Average Total Inventories for the six months ended in Jun. 2023 was £0.10 Mil. Mercantile Ports and Logistics's Cost of Goods Sold for the six months ended in Jun. 2023 was £1.23 Mil. Hence, Mercantile Ports and Logistics's Days Inventory for the six months ended in Jun. 2023 was 14.20.

The historical rank and industry rank for Mercantile Ports and Logistics's Days Inventory or its related term are showing as below:

LSE:MPL' s Days Inventory Range Over the Past 10 Years
Min: 15.42 Med: 24.18 Max: 24.18
Current: 15.42

During the past 12 years, Mercantile Ports and Logistics's highest Days Inventory was 24.18. The lowest was 15.42. And the median was 24.18.

LSE:MPL's Days Inventory is ranked worse than
59.31% of 779 companies
in the Transportation industry
Industry Median: 11.4 vs LSE:MPL: 15.42

Mercantile Ports and Logistics's Days Inventory increased from Jun. 2022 (0.00) to Jun. 2023 (14.20). It might indicate that Mercantile Ports and Logistics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mercantile Ports and Logistics's Inventory Turnover for the six months ended in Jun. 2023 was 12.85.

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. Mercantile Ports and Logistics's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.04.

Mercantile Ports and Logistics Days Inventory Historical Data

The historical data trend for Mercantile Ports and Logistics'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.

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Mercantile Ports and Logistics Days Inventory Chart

Mercantile Ports and Logistics Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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24.18

Mercantile Ports and Logistics Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial															-	-	-	16.86	14.20

Competitive Comparison of Mercantile Ports and Logistics's Days Inventory

For the Marine Shipping subindustry, Mercantile Ports and Logistics'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.

Mercantile Ports and Logistics's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Mercantile Ports and Logistics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mercantile Ports and Logistics's Days Inventory falls into.

Mercantile Ports and Logistics Days Inventory Calculation

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

Mercantile Ports and Logistics's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0	+	0.096)	/	1 )	/	1.449	*	365
=	0.096					/	1.449	*	365
=	24.18

Mercantile Ports and Logistics's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.096	+	0)	/	1 )	/	1.234	*	365 / 2
=	0.096					/	1.234	*	365 / 2
=	14.20

Mercantile Ports and Logistics (LSE:MPL) 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.

Mercantile Ports and Logistics's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.234	/	0.096
	=	12.85

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.

Mercantile Ports and Logistics's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.096	/	2.685
	=	0.04

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.

Mercantile Ports and Logistics Days Inventory Related Terms

Thank you for viewing the detailed overview of Mercantile Ports and Logistics's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Mercantile Ports and Logistics (LSE:MPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Mercantile Ports and Logistics Ltd (LSE:MPL) » Definitions » Days Inventory

Traded in Other Exchanges

MPL.GB:UK 9KS0:Germany

Address

Le Bordage Road, 1st Floor, Tudor House, Saint Peter Port, GGY, GY1 1DB

Website

https://www.mercpl.com

Mercantile Ports and Logistics Ltd develops, owns, and operates port and logistics facilities. The site of the company's first project is at Karanja Creek in the Raigad district of Maharashtra, where it intends to develop and operate a modern and efficient port and logistics complex. At the Karanja port, the company focuses on mid-stream discharge and loading of cargo while vessels wait at anchorage for a berth in JNPT, and coastal movement of cargoes, such as containers, cement, and other break-bulk cargo, which typically ply in smaller vessels. The company has only one operating and geographic segment, being the project on hand in India. The company generates the majority of its revenue from lease income operations.

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