MTNX (Meltronix) Days Inventory: 11.17 (As of Jun. 2002)

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What is Meltronix Days Inventory?

Meltronix MTNX Days Inventory is 11.17 as of Jun. 2002.

Days Inventory is also known as Days Sales of Inventory (DSI). Meltronix's Average Total Inventories for the three months ended in Jun. 2002 was $0.05 Mil. Meltronix's Cost of Goods Sold for the three months ended in Jun. 2002 was $0.39 Mil. Hence, Meltronix's Days Inventory for the three months ended in Jun. 2002 was 11.17.

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

MTNX's Days Inventory is not ranked *
in the Semiconductors industry.
Industry Median: 112.225
* Ranked among companies with meaningful Days Inventory only.

Meltronix's Days Inventory declined from Jun. 2001 (60.09) to Jun. 2002 (11.17).

Inventory Turnover measures how fast the company turns over its inventory within a year. Meltronix's Inventory Turnover for the three months ended in Jun. 2002 was 8.17.

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. Meltronix's Inventory-to-Revenue for the three months ended in Jun. 2002 was 0.57.


Meltronix  (OTCPK:MTNX) 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.

Meltronix's Inventory Turnover for the three months ended in Jun. 2002 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.

Meltronix's Inventory to Revenue for the three months ended in Jun. 2002 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.


Meltronix Days Inventory Related Terms


Meltronix Days Inventory Historical Data

* Premium members only.

The historical data trend for Meltronix'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.

Meltronix Days Inventory Chart

Meltronix Annual Data
Trend Dec99 Dec00 Dec01
Days Inventory
120.32 38.82 33.56

Meltronix Quarterly Data
Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 60.09 20.17 44.70 17.46 11.17

MTNX vs MTLK, SPRS, SCIA: Days Inventory Comparison

For the Semiconductors subindustry, Meltronix'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.


Meltronix Days Inventory vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Meltronix's Days Inventory distribution charts can be found below:

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



Meltronix Days Inventory Calculation

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

Meltronix's Days Inventory for the fiscal year that ended in Dec. 2001 is calculated as

Days Inventory (A: Dec. 2001 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2000 ) + Total Inventories (A: Dec. 2001 )) / count ) / Cost of Goods Sold (A: Dec. 2001 )*Days in Period
=( (0.418 + 0.1) / 2 ) / 2.817*365
=0.259 / 2.817*365
=33.56

Meltronix's Days Inventory for the quarter that ended in Jun. 2002 is calculated as:

Days Inventory (Q: Jun. 2002 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2002 ) + Total Inventories (Q: Jun. 2002 )) / count ) / Cost of Goods Sold (Q: Jun. 2002 )*Days in Period
=( (0.06 + 0.035) / 2 ) / 0.388*365 / 4
=0.0475 / 0.388*365 / 4
=11.17

* 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 11.17 mean?
Meltronix (MTNX) has a Days Inventory of 11.17 as of Jun. 2002. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Meltronix and its competitors.
Is Meltronix's Days Inventory too high?
Meltronix's current Days Inventory is 11.17. The Semiconductors industry median Days Inventory is 112.23. Meltronix's value of 11.17 is 90% below this industry median.
How does Meltronix's Days Inventory compare to MTLK and SPRS?
Meltronix's Days Inventory of 11.17 can be compared against companies in the Semiconductors industry. The industry median Days Inventory is 112.23. Meltronix's value of 11.17 is 90% 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 Semiconductors company?
The median Days Inventory among Semiconductors companies is 112.23, based on 982 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. Meltronix's current Days Inventory of 11.17 is 90% 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 Meltronix and its competitors. For the Semiconductors industry, the median Days Inventory is 112.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meltronix's current Days Inventory is 11.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meltronix stock overvalued right now?
Meltronix (MTNX) has a current Days Inventory of 11.17. The current Days Inventory is 11.17 and 90% below the Semiconductors industry median of 112.23. 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 Meltronix (MTNX), the current Days Inventory is 11.17 as of Jun. 2002. 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.