MLLGF (Mullen Group) Days Inventory: 9.67 (As of Mar. 2026) — 16% Below Median


MLLGF Mullen Group Ltd MLLGF
78 GF Score
Price $15.37
GF Value $11.78
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Mullen Group Days Inventory?

Mullen Group MLLGF 78 Days Inventory is 9.67 as of Mar. 2026, which is 16% below its 10-year median of 11.53. GuruFocus rates MLLGF with a GF Score™ of 78/100 and a GF Value™ of $11.78 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 798 Transportation companies, Mullen Group ranks better than 55.76% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Mullen Group's Average Total Inventories for the three months ended in Mar. 2026 was $33 Mil. Mullen Group's Cost of Goods Sold for the three months ended in Mar. 2026 was $312 Mil. Hence, Mullen Group's Days Inventory for the three months ended in Mar. 2026 was 9.67.

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

MLLGF' s Days Inventory Range Over the Past 10 Years
Min: 9.14   Med: 11.53   Max: 13.82
Current: 10.11

During the past 13 years, Mullen Group's highest Days Inventory was 13.82. The lowest was 9.14. And the median was 11.53.

MLLGF's Days Inventory is ranked better than
55.76% of 798 companies
in the Transportation industry
Industry Median: 12.35 vs MLLGF: 10.11

Mullen Group's Days Inventory declined from Mar. 2025 (10.86) to Mar. 2026 (9.67).

Inventory Turnover measures how fast the company turns over its inventory within a year. Mullen Group's Inventory Turnover for the three months ended in Mar. 2026 was 9.43.

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. Mullen Group's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.08.


Mullen Group  (OTCPK:MLLGF) 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.

Mullen Group'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.

Mullen Group'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.


Mullen Group Days Inventory Related Terms


Mullen Group Days Inventory Historical Data

* Premium members only.

The historical data trend for Mullen Group'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.

Mullen Group Days Inventory Chart

Mullen Group 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 10.17 9.40 10.70 11.60 9.94

Mullen Group 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 10.86 10.21 10.29 10.12 9.67

MLLGF vs ODFL, XPO, SAIA: Days Inventory Comparison

For the Trucking subindustry, Mullen Group'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.


Mullen Group Days Inventory vs Transportation Industry

For the Transportation industry and Industrials sector, Mullen Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mullen Group's Days Inventory falls into.


MLLGF
78GF Score
Mullen Group Ltd MLLGF
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Mullen Group Days Inventory Calculation

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

Mullen Group'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
=( (32.101 + 32.682) / 2 ) / 1188.868*365
=32.3915 / 1188.868*365
=9.94

Mullen Group'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
=( (32.682 + 33.508) / 2 ) / 312.16*365 / 4
=33.095 / 312.16*365 / 4
=9.67

* 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 9.67 mean?
Mullen Group (MLLGF) has a Days Inventory of 9.67 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Mullen Group and its competitors. This is 16% below median its historical median of 11.53. Over the past decade, Mullen Group's Days Inventory has ranged from 9.14 to 13.82. According to the industry distribution chart, Mullen Group ranks #353 out of 798 companies in the Transportation industry, placing it in the top 44.2%.
Is Mullen Group's Days Inventory too high?
Mullen Group's current Days Inventory of 9.67 is 16% below median its 10-year median of 11.53. Over the past 10 years, this metric has ranged from a low of 9.14 to a high of 13.82. The Transportation industry median Days Inventory is 12.35. Mullen Group's value of 9.67 is 21.7% below this industry median. Based on the distribution chart, Mullen Group ranks #353 out of 798 companies in the Transportation industry, which is above the industry midpoint. Overall, Mullen Group has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mullen Group's Days Inventory compare to ODFL and XPO?
According to the Transportation industry distribution chart, Mullen Group ranks #353 out of 798 companies for Days Inventory. This puts Mullen Group in the upper half of its industry. The industry median Days Inventory is 12.35. Mullen Group's value of 9.67 is 21.7% below this benchmark. Historically, Mullen Group's own Days Inventory has ranged from 9.14 to 13.82 over the past decade. While the company's 10-year median is 11.53 vs. the industry median of 12.35, Mullen Group has consistently been below the industry average. 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 Transportation company?
The median Days Inventory among Transportation companies is 12.35, based on 798 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. Mullen Group's current Days Inventory of 9.67 is 21.7% 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 Mullen Group and its competitors. For the Transportation industry, the median Days Inventory is 12.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mullen Group's current Days Inventory is 9.67, which is 16% below median its own 10-year median of 11.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mullen Group stock overvalued right now?
Based on GuruFocus' analysis, Mullen Group (MLLGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.78, compared to a current price of $15.37 — trading 30.5% above its estimated fair value. The current Days Inventory is 9.67, which is 16% below median its 10-year median of 11.53 and 21.7% below the Transportation industry median of 12.35. Mullen Group's overall GF Score™ is 78/100 with 10 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 Mullen Group (MLLGF), the current Days Inventory is 9.67 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.

Is Mullen Group (MLLGF) Overvalued in 2026?

Based on GuruFocus' analysis, Mullen Group stock appears to be overvalued. The current stock price of $15.37 is trading 30.5% above its estimated GF Value™ of $11.78. GuruFocus considers Mullen Group to be Significantly Overvalued.

Key valuation signals for MLLGF:

  • Days Inventory: 9.67 (16% below median its 10-year median of 11.53)
  • GF Value™: $11.78 vs. price of $15.37 (30.5% above fair value)
  • GF Score™: 78/100 with 10 warning signs
  • Industry Position: 21.7% below the Transportation median (#353 of 798)

No single metric tells the full story. See the MLLGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mullen Group Business Description

Other Exchanges 9MU:GermanyMTL:Canada
Address 121A 31 Southridge Drive, Okotoks, AB, CAN, T1S 2N3
Mullen Group Ltd is a logistics provider with a network of independently operated businesses providing a wide range of service offerings, including less-than-truckload, truckload, Specialized & Industrial Services, warehousing and logistics, U.S. and International Logistics, and Corporate. The segments of the company are Less-Than-Truckload, Logistics and Warehousing, Specialized and Industrial Services, U.S. and International Logistics, and Corporate segment. The company derives the majority of its revenue from the Less-Than-Truckload segment and geographical revenue from Canada. The company also provides a diverse set of specialized services related to the energy, mining, forestry, and construction industries in western Canada.
78GF Score

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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.37
Price
$11.78
GF Value