MULG (Muliang Viagoo Technology) Days Inventory: 12.16 (As of Dec. 2023)


MULG Muliang Viagoo Technology Inc MULG
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What is Muliang Viagoo Technology Days Inventory?

Muliang Viagoo Technology MULG 12 Days Inventory is 12.16 as of Dec. 2023. GuruFocus rates MULG with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Muliang Viagoo Technology's Average Total Inventories for the three months ended in Dec. 2023 was $0.21 Mil. Muliang Viagoo Technology's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.57 Mil. Hence, Muliang Viagoo Technology's Days Inventory for the three months ended in Dec. 2023 was 12.16.

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

MULG's Days Inventory is not ranked *
in the Agriculture industry.
Industry Median: 103.315
* Ranked among companies with meaningful Days Inventory only.

Muliang Viagoo Technology's Days Inventory declined from Dec. 2022 (28.15) to Dec. 2023 (12.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. Muliang Viagoo Technology's Inventory Turnover for the three months ended in Dec. 2023 was 7.51.

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. Muliang Viagoo Technology's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.11.


Muliang Viagoo Technology  (OTCPK:MULG) 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.

Muliang Viagoo Technology's Inventory Turnover for the three months ended in Dec. 2023 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.

Muliang Viagoo Technology's Inventory to Revenue for the three months ended in Dec. 2023 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.


Muliang Viagoo Technology Days Inventory Related Terms


Muliang Viagoo Technology Days Inventory Historical Data

* Premium members only.

The historical data trend for Muliang Viagoo Technology'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.

Muliang Viagoo Technology Days Inventory Chart

Muliang Viagoo Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.17 11.97 8.03 9.41 9.17

Muliang Viagoo Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 28.15 26.74 42.58 12.46 12.16

MULG vs BHIL, CGA, PUBC: Days Inventory Comparison

For the Agricultural Inputs subindustry, Muliang Viagoo Technology'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.


Muliang Viagoo Technology Days Inventory vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Muliang Viagoo Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Muliang Viagoo Technology's Days Inventory falls into.


MULG
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Muliang Viagoo Technology Inc MULG
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Muliang Viagoo Technology Days Inventory Calculation

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

Muliang Viagoo Technology's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.194 + 0.075) / 2 ) / 5.354*365
=0.1345 / 5.354*365
=9.17

Muliang Viagoo Technology's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.342 + 0.075) / 2 ) / 1.565*365 / 4
=0.2085 / 1.565*365 / 4
=12.16

* 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 12.16 mean?
Muliang Viagoo Technology (MULG) has a Days Inventory of 12.16 as of Dec. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Muliang Viagoo Technology and its competitors.
Is Muliang Viagoo Technology's Days Inventory too high?
Muliang Viagoo Technology's current Days Inventory is 12.16. The Agriculture industry median Days Inventory is 103.32. Muliang Viagoo Technology's value of 12.16 is 88.2% below this industry median. Overall, Muliang Viagoo Technology has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Muliang Viagoo Technology's Days Inventory compare to BHIL and CGA?
Muliang Viagoo Technology's Days Inventory of 12.16 can be compared against companies in the Agriculture industry. The industry median Days Inventory is 103.32. Muliang Viagoo Technology's value of 12.16 is 88.2% 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 an Agriculture company?
The median Days Inventory among Agriculture companies is 103.32, based on 246 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. Muliang Viagoo Technology's current Days Inventory of 12.16 is 88.2% 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 Muliang Viagoo Technology and its competitors. For the Agriculture industry, the median Days Inventory is 103.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Muliang Viagoo Technology's current Days Inventory is 12.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Muliang Viagoo Technology stock overvalued right now?
Muliang Viagoo Technology (MULG) has a current Days Inventory of 12.16. The current Days Inventory is 12.16 and 88.2% below the Agriculture industry median of 103.32. Muliang Viagoo Technology's overall GF Score™ is 12/100. 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 Muliang Viagoo Technology (MULG), the current Days Inventory is 12.16 as of Dec. 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.

Muliang Viagoo Technology Business Description

Address 2498 Wanfeng Highway, Lane 181, Fengjing Town, Jinshan District, Shanghai, CHN, 201501
Muliang Viagoo Technology Inc is in the business of developing, manufacturing, and selling organic fertilizers and bio-organic fertilizers for use in the agricultural industry in the Peoples Republic of China. Organic fertilizer products are sold under the VIE and its subsidiaries' brand names Zongbao, Fukang, and Muliang. The company has a fertilizer plant in Weiha City. It is also engaged in the sales of agricultural products in the Peoples' Republic of China. The company gains maximum of its revenue from China.
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