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Days Inventory is also known as Days Sales of Inventory (DSI). Nano Magic's Average Total Inventories for the
three
months ended in Mar. 2025 was $0.65 Mil. Nano Magic's Cost of Goods Sold for the
three
months ended in Mar. 2025 was $0.64 Mil.
Hence, Nano Magic's Days Inventory for the
three
months ended in Mar. 2025 was 91.53.
The historical rank and industry rank for Nano Magic's Days Inventory or its related term are showing as below:
NMGX's Days Inventory is not ranked *
in the Chemicals industry.
Industry Median: 80.55 * Ranked among companies with meaningful Days Inventory only.
Nano Magic's Days Inventory
declined
from Mar. 2024 (145.54) to Mar. 2025 (91.53).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nano Magic's Inventory Turnover for the
three
months ended in Mar. 2025 was 1.00.
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.
Nano Magic's Inventory-to-Revenue for the
three
months ended in Mar. 2025 was 1.03.
Nano Magic (OTCPK:NMGX) 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.
Nano Magic's Inventory Turnover for the
three
months ended in Mar. 2025 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.
Nano Magic's Inventory to Revenue for the
three
months ended in Mar. 2025 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.
Nano Magic Days Inventory Related Terms
Nano Magic Days Inventory Historical Data
* Premium members only.
The historical data trend for Nano Magic'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.
NMGX vs CNEY, BGLC, YMAT: Days Inventory Comparison
For the Specialty Chemicals subindustry, Nano Magic'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.
Nano Magic Days Inventory vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nano Magic's Days Inventory distribution charts can be found below:
* The bar in red indicates where Nano Magic's Days Inventory falls into.
* 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.
Nano Magic (NMGX) has a Days Inventory of 91.53 as of Mar. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nano Magic and its competitors.
Is Nano Magic's Days Inventory too high?
Nano Magic's current Days Inventory is 91.53. The Chemicals industry median Days Inventory is 80.55. Nano Magic's value of 91.53 is 13.6% above this industry median.
How does Nano Magic's Days Inventory compare to CNEY and BGLC?
Nano Magic's Days Inventory of 91.53 can be compared against companies in the Chemicals industry. The industry median Days Inventory is 80.55. Nano Magic's value of 91.53 is 13.6% 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 Chemicals company?
The median Days Inventory among Chemicals companies is 80.55, based on 1,541 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. Nano Magic's current Days Inventory of 91.53 is 13.6% 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 Nano Magic and its competitors. For the Chemicals industry, the median Days Inventory is 80.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nano Magic's current Days Inventory is 91.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nano Magic stock overvalued right now?
Nano Magic (NMGX) has a current Days Inventory of 91.53. The current Days Inventory is 91.53 and 13.6% above the Chemicals industry median of 80.55. 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 Nano Magic (NMGX), the current Days Inventory is 91.53 as of Mar. 2025. 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.
Nano Magic Inc is engaged in the marketing and sale of products enabled by nanotechnology. It develops and sells products based on its portfolio of intellectual property and its products include a portfolio of nano-layer coatings, nano-based cleaners, printable inks, pastes, and thermal management materials. Its products can be used on eyeglasses, extreme sports, and safety glasses and goggles, electronic screens, windows, mirrors, shower doors, and cleaning everyday household surfaces. The majority of revenue is from the United States.
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