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Days Inventory is also known as Days Sales of Inventory (DSI). MRC Global's Average Total Inventories for the three months ended in Dec. 2024 was $439 Mil. MRC Global's Cost of Goods Sold for the three months ended in Dec. 2024 was $452 Mil. Hence, MRC Global's Days Inventory for the three months ended in Dec. 2024 was 88.52.
The historical rank and industry rank for MRC Global's Days Inventory or its related term are showing as below:
During the past 13 years, MRC Global's highest Days Inventory was 103.72. The lowest was 70.68. And the median was 78.28.
MRC Global's Days Inventory declined from Dec. 2023 (105.53) to Dec. 2024 (88.52).
Inventory Turnover measures how fast the company turns over its inventory within a year. MRC Global's Inventory Turnover for the three months ended in Dec. 2024 was 1.03.
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. MRC Global's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.76.
The historical data trend for MRC Global'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.
MRC Global Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Days Inventory | Get a 7-Day Free Trial |
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103.72 | 78.06 | 72.01 | 76.56 | 70.68 |
MRC Global Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Days Inventory | Get a 7-Day Free Trial |
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105.53 | 75.00 | 73.04 | 69.55 | 88.52 |
For the Oil & Gas Equipment & Services subindustry, MRC Global'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.
For the Oil & Gas industry and Energy sector, MRC Global's Days Inventory distribution charts can be found below:
* The bar in red indicates where MRC Global's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
MRC Global's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as
Days Inventory (A: Dec. 2024 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (A: Dec. 2023 ) | + | Total Inventories (A: Dec. 2024 )) | / | count ) | / | Cost of Goods Sold (A: Dec. 2024 ) | * | Days in Period |
= | ( (511 | + | 415) | / | 2 ) | / | 2391 | * | 365 |
= | 463 | / | 2391 | * | 365 | ||||
= | 70.68 |
MRC Global's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:
Days Inventory (Q: Dec. 2024 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Sep. 2024 ) | + | Total Inventories (Q: Dec. 2024 )) | / | count ) | / | Cost of Goods Sold (Q: Dec. 2024 ) | * | Days in Period |
= | ( (462 | + | 415) | / | 2 ) | / | 452 | * | 365 / 4 |
= | 438.5 | / | 452 | * | 365 / 4 | ||||
= | 88.52 |
* 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.
MRC Global (NYSE:MRC) 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.
MRC Global's Inventory Turnover for the three months ended in Dec. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 452 | / | 438.5 | |
= | 1.03 |
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.
MRC Global's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 438.5 | / | 576 | |
= | 0.76 |
* 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.
Thank you for viewing the detailed overview of MRC Global's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Daniel J Churay | officer: EVP-Corp Affrs, GC & Corp Sec. | MRC GLOBAL INC., 2 HOUSTON CENTER, 909 FANNIN, SUITE 3100, HOUSTON TX 77010 |
Leonard M Anthony | director | MRC GLOBAL INC., 2 HOUSTON CENTER, 909 FANNIN, SUITE 3100, HOUSTON TX 77010 |
Robert J. Saltiel | director, officer: President and CEO | 4 GREENWAY PLAZA, HOUSTON TX 77046 |
Grant R Bates | officer: SVP-Operational Excellence/CIO | FULBRIGHT TOWER, 1301 MCKINNEY ST., SUITE 2300, HOUSTON TX 77010 |
Deborah G Adams | director | FULBRIGHT TOWER, 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010 |
John P Mccarthy | officer: SVP-Supply Chain | 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010 |
Rance C Long | officer: SVP-Business Development | 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010 |
Kelly Youngblood | officer: Executive Vice President | 15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094 |
Shweta Kurvey-mishra | officer: See Remarks | 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010 |
Anne Mcentee | director | 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010 |
Malcolm O'neal | officer: SVP - Human Resources | 1301 MCKINNEY ST., SUITE 2300, HOUSTON TX 77010 |
Emily K. Shields | officer: See Remarks | 1301 MCKINNEY ST., SUITE 2300, HOUSTON TX 77010 |
Stephen B. Smith | officer: See Remarks | 1301 MCKINNEY ST., SUITE 2300, HOUSTON TX 77010 |
George John Damiris | director | 100 CRESCENT COURT, SUITE 1600, DALLAS TX 75201 |
Ronald L Jadin | director | 100 GRAINGER PARKWAY, LAKE FOREST IL 60045 |
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