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Macmahon Holdings (Macmahon Holdings) Days Inventory : 99.33 (As of Dec. 2023)


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What is Macmahon Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Macmahon Holdings's Average Total Inventories for the six months ended in Dec. 2023 was $66 Mil. Macmahon Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $122 Mil. Hence, Macmahon Holdings's Days Inventory for the six months ended in Dec. 2023 was 99.33.

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

MCHHF' s Days Inventory Range Over the Past 10 Years
Min: 32.84   Med: 51.55   Max: 106.58
Current: 75.07

During the past 13 years, Macmahon Holdings's highest Days Inventory was 106.58. The lowest was 32.84. And the median was 51.55.

MCHHF's Days Inventory is ranked better than
58.09% of 661 companies
in the Metals & Mining industry
Industry Median: 88.64 vs MCHHF: 75.07

Macmahon Holdings's Days Inventory increased from Dec. 2022 (54.22) to Dec. 2023 (99.33). It might indicate that Macmahon Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Macmahon Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 1.84.

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. Macmahon Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.10.


Macmahon Holdings Days Inventory Historical Data

The historical data trend for Macmahon 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.

* Premium members only.

Macmahon Holdings Days Inventory Chart

Macmahon Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.51 32.93 45.02 58.10 57.43

Macmahon Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 67.58 52.82 54.22 58.67 99.33

Competitive Comparison of Macmahon Holdings's Days Inventory

For the Other Industrial Metals & Mining subindustry, Macmahon 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.


Macmahon Holdings's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Macmahon Holdings's Days Inventory falls into.



Macmahon Holdings Days Inventory Calculation

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

Macmahon Holdings's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (63.211 + 61.914) / 2 ) / 397.61*365
=62.5625 / 397.61*365
=57.43

Macmahon Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (61.914 + 70.42) / 2 ) / 121.575*365 / 2
=66.167 / 121.575*365 / 2
=99.33

* 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.


Macmahon Holdings  (OTCPK:MCHHF) 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.

Macmahon Holdings's Inventory Turnover for the six months ended in Dec. 2023 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.

Macmahon Holdings's Inventory to Revenue for the six months ended in Dec. 2023 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.


Macmahon Holdings Days Inventory Related Terms

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


Macmahon Holdings (Macmahon Holdings) Business Description

Traded in Other Exchanges
Address
15 Hudswell Road, Perth Airport, Perth, WA, AUS, 6105
Macmahon Holdings Ltd is an Australian company providing mining services to clients throughout Australia, Southeast Asia, and South Africa. Its complete mining services range from mine development to materials delivery, including design, construction, and on-site services. Macmahon manages mines for mining companies, across a variety of base and precious metals and commodities. Its segments are Surface Mining, Underground Mining, and International Mining. It provides a complete set of mining services which includes surface and underground mining, civil and rehabilitation services, equipment maintenance, rentals, and management.

Macmahon Holdings (Macmahon Holdings) Headlines

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