MNKA (Manuka) Days Inventory: 912.50 (As of Sep. 2023)


What is Manuka Days Inventory?

Manuka MNKA Days Inventory is 912.50 as of Sep. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). Manuka's Average Total Inventories for the three months ended in Sep. 2023 was $0.09 Mil. Manuka's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.01 Mil. Hence, Manuka's Days Inventory for the three months ended in Sep. 2023 was 912.50.

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

MNKA's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 82.65
* Ranked among companies with meaningful Days Inventory only.

Manuka's Days Inventory increased from . 20 (0.00) to Sep. 2023 (912.50). It might indicate that Manuka's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Manuka's Inventory Turnover for the three months ended in Sep. 2023 was 0.10.

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. Manuka's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.51.

Manuka  (OTCPK:MNKA) 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.

Manuka's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.009 / 0.09
=0.10

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.

Manuka's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.09 / 0.176
=0.51

* 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.

Manuka Days Inventory Related Terms

Manuka Days Inventory Historical Data

* Premium members only.

The historical data trend for Manuka'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.

Manuka Days Inventory Chart

Manuka Annual Data
Trend
Days Inventory

Manuka Quarterly Data
Jun22 Sep22 Jun23 Sep23
Days Inventory 0.00 0.00 533.46 912.50

MNKA vs PURE, SNBH, TANH: Days Inventory Comparison

For the Household & Personal Products subindustry, Manuka'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.

Manuka Days Inventory vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Manuka's Days Inventory distribution charts can be found below:

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


Manuka Days Inventory Calculation

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

Manuka's Days Inventory for the fiscal year that ended in . 20 is calculated as

Days Inventory (A: . 20 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: . 20 ) + Total Inventories (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

Manuka's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.076 + 0.104) / 2 ) / 0.009*365 / 4
=0.09 / 0.009*365 / 4
=912.50

* 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 912.50 mean?
Manuka (MNKA) has a Days Inventory of 912.50 as of Sep. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Manuka and its competitors.
Is Manuka's Days Inventory too high?
Manuka's current Days Inventory is 912.50. The Consumer Packaged Goods industry median Days Inventory is 82.65. Manuka's value of 912.50 is 1004.1% above this industry median.
How does Manuka's Days Inventory compare to PURE and SNBH?
Manuka's Days Inventory of 912.50 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Inventory is 82.65. Manuka's value of 912.50 is 1004.1% above 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 Consumer Packaged Goods company?
The median Days Inventory among Consumer Packaged Goods companies is 82.65, based on 1,867 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. Manuka's current Days Inventory of 912.50 is 1004.1% above 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 Manuka and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 82.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manuka's current Days Inventory is 912.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manuka stock overvalued right now?
Manuka (MNKA) has a current Days Inventory of 912.50. The current Days Inventory is 912.50 and 1004.1% above the Consumer Packaged Goods industry median of 82.65. 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 Manuka (MNKA), the current Days Inventory is 912.50 as of Sep. 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.

Manuka Business Description

Address 3 Eliezer Vardinon Street, Petach Tikva, ISR, 4959507
Manuka Inc is a beauty company that develops and distributes premium-quality skincare products, that are based on Manuka honey and bee venom. Its skincare products are manufactured in Israel by its vendor, Chic with Manuka honey ingredients. The company imports Manuka honey from its supplier in New Zealand, Waitemata Honey pursuant to the Supply Agreement. Currently, it operates only in Israel through the online platform. Its website and mobile applications currently offer six cosmetic skincare products: Face Serum with Manuka Honey and Bee Venom; Face Serum with enhanced Vitamin C; Day Cream; Night nourishing Cream; Eye Cream; and Face Cleanser Gel.