MVNT (Movement Industries) Days Inventory: 42.02 (As of Jun. 2023)


What is Movement Industries Days Inventory?

Movement Industries MVNT -0.24% Days Inventory is 42.02 as of Jun. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). Movement Industries's Average Total Inventories for the six months ended in Jun. 2023 was $0.07 Mil. Movement Industries's Cost of Goods Sold for the six months ended in Jun. 2023 was $0.58 Mil. Hence, Movement Industries's Days Inventory for the six months ended in Jun. 2023 was 21.01.

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

MVNT's Days Inventory is not ranked *
in the Asset Management industry.
Industry Median: 80.72
* Ranked among companies with meaningful Days Inventory only.

Movement Industries's Days Inventory increased from . 20 (0.00) to Jun. 2023 (42.02). It might indicate that Movement Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Movement Industries's Inventory Turnover for the six months ended in Jun. 2023 was 8.69.

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. Movement Industries's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.08.

Movement Industries  (OTCPK:MVNT) 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.

Movement Industries's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.582 / 0.067
=8.69

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.

Movement Industries's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.067 / 0.868
=0.08

* 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.

Movement Industries Days Inventory Related Terms

Movement Industries Days Inventory Historical Data

* Premium members only.

The historical data trend for Movement 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.

Movement Industries Days Inventory Chart

Movement Industries Annual Data
Trend Jun22 Jun23
Days Inventory
15.13 42.02

Movement Industries Semi-Annual Data
Jun22 Jun23
Days Inventory 15.13 42.02

MVNT vs ILUS, BENF, BNCM: Days Inventory Comparison

For the Asset Management subindustry, Movement 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.

Movement Industries Days Inventory vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Movement Industries's Days Inventory distribution charts can be found below:

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


Movement Industries Days Inventory Calculation

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

Movement Industries's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0.038 + 0.096) / 2 ) / 0.582*365
=0.067 / 0.582*365
=42.02

Movement Industries's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0.038 + 0.096) / 2 ) / 0.582*365 / 2
=0.067 / 0.582*365 / 2
=21.01

* 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 42.02 mean?
Movement Industries (MVNT) has a Days Inventory of 42.02 as of Jun. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Movement Industries and its competitors.
Is Movement Industries' Days Inventory too high?
Movement Industries' current Days Inventory is 42.02. The Asset Management industry median Days Inventory is 80.72. Movement Industries' value of 42.02 is 47.9% below this industry median.
How does Movement Industries' Days Inventory compare to ILUS and BENF?
Movement Industries' Days Inventory of 42.02 can be compared against companies in the Asset Management industry. The industry median Days Inventory is 80.72. Movement Industries' value of 42.02 is 47.9% 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 Asset Management company?
The median Days Inventory among Asset Management companies is 80.72, based on 165 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. Movement Industries's current Days Inventory of 42.02 is 47.9% 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 Movement Industries and its competitors. For the Asset Management industry, the median Days Inventory is 80.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Movement Industries's current Days Inventory is 42.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Movement Industries stock overvalued right now?
Movement Industries (MVNT) has a current Days Inventory of 42.02. The current Days Inventory is 42.02 and 47.9% below the Asset Management industry median of 80.72. 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 Movement Industries (MVNT), the current Days Inventory is 42.02 as of Jun. 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.

Movement Industries Business Description

Address 6829 Flintlock Road, Houston, TX, USA, 77040
Movement Industries Corp invests in and operates companies across the energy, oil and gas, renewables, agricultural, and industrial manufacturing sectors. The company operates in North America, South America, Africa, European and Asian markets.