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MTQ (SGX:M05) Days Inventory : 142.89 (As of Sep. 2024)


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What is MTQ Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MTQ's Average Total Inventories for the six months ended in Sep. 2024 was S$19.48 Mil. MTQ's Cost of Goods Sold for the six months ended in Sep. 2024 was S$24.88 Mil. Hence, MTQ's Days Inventory for the six months ended in Sep. 2024 was 142.89.

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

SGX:M05' s Days Inventory Range Over the Past 10 Years
Min: 50.34   Med: 109.97   Max: 151.41
Current: 143.02

During the past 13 years, MTQ's highest Days Inventory was 151.41. The lowest was 50.34. And the median was 109.97.

SGX:M05's Days Inventory is ranked worse than
89.06% of 713 companies
in the Oil & Gas industry
Industry Median: 32.32 vs SGX:M05: 143.02

MTQ's Days Inventory increased from Sep. 2023 (131.49) to Sep. 2024 (142.89). It might indicate that MTQ's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. MTQ's Inventory Turnover for the six months ended in Sep. 2024 was 1.28.

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. MTQ's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.52.


MTQ Days Inventory Historical Data

The historical data trend for MTQ'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.

* Premium members only.

MTQ Days Inventory Chart

MTQ Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 111.02 145.18 142.23 108.92 133.72

MTQ Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 136.84 110.64 131.49 143.96 142.89

Competitive Comparison of MTQ's Days Inventory

For the Oil & Gas Equipment & Services subindustry, MTQ'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.


MTQ's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MTQ's Days Inventory distribution charts can be found below:

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



MTQ Days Inventory Calculation

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

MTQ's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (17.406 + 19.764) / 2 ) / 50.73*365
=18.585 / 50.73*365
=133.72

MTQ's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (19.764 + 19.191) / 2 ) / 24.877*365 / 2
=19.4775 / 24.877*365 / 2
=142.89

* 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.


MTQ  (SGX:M05) 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.

MTQ's Inventory Turnover for the six months ended in Sep. 2024 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.

MTQ's Inventory to Revenue for the six months ended in Sep. 2024 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.


MTQ Days Inventory Related Terms

Thank you for viewing the detailed overview of MTQ's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


MTQ Business Description

Traded in Other Exchanges
Address
100 Tuas South Avenue 8, Singapore, SGP, 637424
MTQ Corp Ltd is a company, that engages in the provision of engineering solutions for oilfield equipment. The principal activities of the Company relate to those of an investment holding and management company. It offers engineering services for the servicing, manufacturing, assembly, and fabrication of oilfield equipment, such as valves and blow-out-preventers; rents and sells oilfield equipment and spare parts, such as heat exchanger mud coolers, shale shakers, drilling handling tools, bop pressure test units and torque tools. The firm also engages in the business of renting and sale of oilfield equipment.. It operates through the following business segments: Investment holding and Oilfield engineering segment out of which the Oilfield engineering segment derives the majority of revenue.

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