MICR (Micron Solutions) Days Inventory: 61.90 (As of Mar. 2023)


MICR Micron Solutions Inc MICR
16 GF Score
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What is Micron Solutions Days Inventory?

Micron Solutions MICR 16 Days Inventory is 61.90 as of Mar. 2023. GuruFocus rates MICR with a GF Score™ of 16/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Micron Solutions's Average Total Inventories for the three months ended in Mar. 2023 was $3.29 Mil. Micron Solutions's Cost of Goods Sold for the three months ended in Mar. 2023 was $4.85 Mil. Hence, Micron Solutions's Days Inventory for the three months ended in Mar. 2023 was 61.90.

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

MICR's Days Inventory is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 179.86
* Ranked among companies with meaningful Days Inventory only.

Micron Solutions's Days Inventory declined from Mar. 2022 (67.81) to Mar. 2023 (61.90).

Inventory Turnover measures how fast the company turns over its inventory within a year. Micron Solutions's Inventory Turnover for the three months ended in Mar. 2023 was 1.47.

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. Micron Solutions's Inventory-to-Revenue for the three months ended in Mar. 2023 was 0.64.


Micron Solutions  (OTCPK:MICR) 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.

Micron Solutions's Inventory Turnover for the three months ended in Mar. 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.

Micron Solutions's Inventory to Revenue for the three months ended in Mar. 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.


Micron Solutions Days Inventory Related Terms


Micron Solutions Days Inventory Historical Data

* Premium members only.

The historical data trend for Micron Solutions'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.

Micron Solutions Days Inventory Chart

Micron Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.13 71.37 54.89 56.39 57.41

Micron Solutions Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 67.81 50.48 56.54 58.43 61.90

MICR vs AIMD, RSLS, NUWE: Days Inventory Comparison

For the Medical Devices subindustry, Micron Solutions'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.


Micron Solutions Days Inventory vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Micron Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where Micron Solutions's Days Inventory falls into.


MICR
16GF Score
Micron Solutions Inc MICR
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Micron Solutions Days Inventory Calculation

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

Micron Solutions'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
=( (3.002 + 3.2) / 2 ) / 19.715*365
=3.101 / 19.715*365
=57.41

Micron Solutions's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (3.2 + 3.385) / 2 ) / 4.854*365 / 4
=3.2925 / 4.854*365 / 4
=61.90

* 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 61.90 mean?
Micron Solutions (MICR) has a Days Inventory of 61.90 as of Mar. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Micron Solutions and its competitors.
Is Micron Solutions' Days Inventory too high?
Micron Solutions' current Days Inventory is 61.90. The Medical Devices & Instruments industry median Days Inventory is 179.86. Micron Solutions' value of 61.90 is 65.6% below this industry median. Overall, Micron Solutions has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Micron Solutions' Days Inventory compare to AIMD and RSLS?
Micron Solutions' Days Inventory of 61.90 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Inventory is 179.86. Micron Solutions' value of 61.90 is 65.6% 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 Medical Devices & Instruments company?
The median Days Inventory among Medical Devices & Instruments companies is 179.86, based on 786 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. Micron Solutions's current Days Inventory of 61.90 is 65.6% 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 Micron Solutions and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 179.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micron Solutions's current Days Inventory is 61.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micron Solutions stock overvalued right now?
Micron Solutions (MICR) has a current Days Inventory of 61.90. The current Days Inventory is 61.90 and 65.6% below the Medical Devices & Instruments industry median of 179.86. Micron Solutions' overall GF Score™ is 16/100. 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 Micron Solutions (MICR), the current Days Inventory is 61.90 as of Mar. 2023. 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.

Micron Solutions Business Description

Address 25 Sawyer Passway, Fitchburg, MA, USA, 01420
Micron Solutions Inc is a diversified contract manufacturing organization that produces engineered medical device components requiring precision machining and injection molding. It provides design, engineering, quality, and regulatory expertise across the three product lines, machining, thermoplastic injection molding, and sensors. It's engaged in the production and sale of silver chloride-coated and conductive resin sensors used as consumable component parts in the manufacture of integrated disposable electrophysiological sensors. It also provides other value-added services, including the design, manufacture, and rehabilitation of injection molding tools, pad printing, ultrasonic welding, stamping, laser marking, clean room molding, and others.
16GF Score

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