Days Inventory is also known as Days Sales of Inventory (DSI). SMG Industries's Average Total Inventories for the
three
months ended in Sep. 2023 was $0.79 Mil. SMG Industries's Cost of Goods Sold for the
three
months ended in Sep. 2023 was $31.01 Mil.
Hence, SMG Industries's Days Inventory for the
three
months ended in Sep. 2023 was 2.32.
The historical rank and industry rank for SMG Industries's Days Inventory or its related term are showing as below:
SMGI's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 31 * Ranked among companies with meaningful Days Inventory only.
SMG Industries's Days Inventory
increased
from Sep. 2022 (0.00) to Sep. 2023 (2.32).
It might indicate that SMG Industries's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
SMG Industries's Inventory Turnover for the
three
months ended in Sep. 2023 was 39.40.
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.
SMG Industries's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 0.02.
SMG Industries (OTCPK:SMGI) 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.
SMG Industries's Inventory Turnover for the
three
months ended in Sep. 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.
SMG Industries's Inventory to Revenue for the
three
months ended in Sep. 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.
SMG Industries Days Inventory Related Terms
SMG Industries Days Inventory Historical Data
* Premium members only.
The historical data trend for SMG 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.
SMGI vs SND, PFIE, NINE: Days Inventory Comparison
For the Oil & Gas Equipment & Services subindustry, SMG 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.
SMG Industries Days Inventory vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, SMG Industries's Days Inventory distribution charts can be found below:
* The bar in red indicates where SMG Industries'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.
SMG Industries (SMGI) has a Days Inventory of 2.32 as of Sep. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on SMG Industries and its competitors.
Is SMG Industries' Days Inventory too high?
SMG Industries' current Days Inventory is 2.32. The Oil & Gas industry median Days Inventory is 31.00. SMG Industries' value of 2.32 is 92.5% below this industry median. Overall, SMG Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SMG Industries' Days Inventory compare to SND and PFIE?
SMG Industries' Days Inventory of 2.32 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 31.00. SMG Industries' value of 2.32 is 92.5% 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 Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 31.00, based on 688 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. SMG Industries's current Days Inventory of 2.32 is 92.5% 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 SMG Industries and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMG Industries's current Days Inventory is 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMG Industries stock overvalued right now?
SMG Industries (SMGI) has a current Days Inventory of 2.32. The current Days Inventory is 2.32 and 92.5% below the Oil & Gas industry median of 31.00. SMG Industries' 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 SMG Industries (SMGI), the current Days Inventory is 2.32 as of Sep. 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.
SMG Industries Inc is an oilfield service company that is a growth-oriented midstream, logistics, and oilfield services company that operates throughout the domestic Southwest United States. It offers an expanding suite of products and services across the oilfield market segments of drilling, completion, and production.
12GF Score
Get the complete analysis for SMGI
Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SMGI has been successfully added to your 
