MMIO (Marmion Industries) Days Inventory: 33.10 (As of Sep. 2008)


What is Marmion Industries Days Inventory?

Marmion Industries MMIO -95.00% Days Inventory is 33.10 as of Sep. 2008.

Days Inventory is also known as Days Sales of Inventory (DSI). Marmion Industries's Average Total Inventories for the three months ended in Sep. 2008 was $0.30 Mil. Marmion Industries's Cost of Goods Sold for the three months ended in Sep. 2008 was $0.83 Mil. Hence, Marmion Industries's Days Inventory for the three months ended in Sep. 2008 was 33.10.

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

MMIO's Days Inventory is not ranked *
in the Construction industry.
Industry Median: 49.83
* Ranked among companies with meaningful Days Inventory only.

Marmion Industries's Days Inventory increased from Sep. 2007 (31.26) to Sep. 2008 (33.10). It might indicate that Marmion Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Marmion Industries's Inventory Turnover for the three months ended in Sep. 2008 was 2.76.

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. Marmion Industries's Inventory-to-Revenue for the three months ended in Sep. 2008 was 0.32.

Marmion Industries  (OTCPK:MMIO) 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.

Marmion Industries's Inventory Turnover for the three months ended in Sep. 2008 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.834 / 0.3025
=2.76

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.

Marmion Industries's Inventory to Revenue for the three months ended in Sep. 2008 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.3025 / 0.944
=0.32

* 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.

Marmion Industries Days Inventory Related Terms

Marmion Industries Days Inventory Historical Data

* Premium members only.

The historical data trend for Marmion Industries'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.

Marmion Industries Days Inventory Chart

Marmion Industries Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Days Inventory
Get a 7-Day Free Trial 0.00 55.66 35.27 21.14 11.78

Marmion Industries Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 31.26 21.78 14.77 25.72 33.10

MMIO vs UVND, OTIV, KEQU: Days Inventory Comparison

For the Building Products & Equipment subindustry, Marmion Industries'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.

Marmion Industries Days Inventory vs Construction Industry

For the Construction industry and Industrials sector, Marmion Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Marmion Industries's Days Inventory falls into.


Marmion Industries Days Inventory Calculation

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

Marmion Industries's Days Inventory for the fiscal year that ended in Dec. 2007 is calculated as

Days Inventory (A: Dec. 2007 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2006 ) + Total Inventories (A: Dec. 2007 )) / count ) / Cost of Goods Sold (A: Dec. 2007 )*Days in Period
=( (0.17 + 0.176) / 2 ) / 5.362*365
=0.173 / 5.362*365
=11.78

Marmion Industries's Days Inventory for the quarter that ended in Sep. 2008 is calculated as:

Days Inventory (Q: Sep. 2008 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2008 ) + Total Inventories (Q: Sep. 2008 )) / count ) / Cost of Goods Sold (Q: Sep. 2008 )*Days in Period
=( (0.299 + 0.306) / 2 ) / 0.834*365 / 4
=0.3025 / 0.834*365 / 4
=33.10

* 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 33.10 mean?
Marmion Industries (MMIO) has a Days Inventory of 33.10 as of Sep. 2008. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Marmion Industries and its competitors.
Is Marmion Industries' Days Inventory too high?
Marmion Industries' current Days Inventory is 33.10. The Construction industry median Days Inventory is 49.83. Marmion Industries' value of 33.10 is 33.6% below this industry median.
How does Marmion Industries' Days Inventory compare to UVND and OTIV?
Marmion Industries' Days Inventory of 33.10 can be compared against companies in the Construction industry. The industry median Days Inventory is 49.83. Marmion Industries' value of 33.10 is 33.6% 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 Construction company?
The median Days Inventory among Construction companies is 49.83, based on 1,481 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. Marmion Industries's current Days Inventory of 33.10 is 33.6% 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 Marmion Industries and its competitors. For the Construction industry, the median Days Inventory is 49.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marmion Industries's current Days Inventory is 33.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marmion Industries stock overvalued right now?
Marmion Industries (MMIO) has a current Days Inventory of 33.10. The current Days Inventory is 33.10 and 33.6% below the Construction industry median of 49.83. 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 Marmion Industries (MMIO), the current Days Inventory is 33.10 as of Sep. 2008. 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.

Marmion Industries Business Description

Address 9103 Emmott Road, Building 6, Suite A, Houston, TX, USA, 77040
Marmion Industries Corp manufactures and markets explosion-proof air conditioners, refrigeration systems, chemical filtration systems and building pressurizers for the commercial sector.