GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Mynd.ai Inc (STU:WK6) » Definitions » Days Inventory

Mynd.ai (STU:WK6) Days Inventory : 69.55 (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Mynd.ai Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mynd.ai's Average Total Inventories for the six months ended in Dec. 2024 was €29.3 Mil. Mynd.ai's Cost of Goods Sold for the six months ended in Dec. 2024 was €76.9 Mil. Hence, Mynd.ai's Days Inventory for the six months ended in Dec. 2024 was 69.55.

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

STU:WK6' s Days Inventory Range Over the Past 10 Years
Min: 70.31   Med: 91.52   Max: 96.84
Current: 70.31

During the past 4 years, Mynd.ai's highest Days Inventory was 96.84. The lowest was 70.31. And the median was 91.52.

STU:WK6's Days Inventory is ranked worse than
89.57% of 163 companies
in the Education industry
Industry Median: 7.97 vs STU:WK6: 70.31

Mynd.ai's Days Inventory increased from Dec. 2023 (66.86) to Dec. 2024 (69.55). It might indicate that Mynd.ai's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mynd.ai's Inventory Turnover for the six months ended in Dec. 2024 was 2.62.

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. Mynd.ai's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.30.


Mynd.ai Days Inventory Historical Data

The historical data trend for Mynd.ai'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.

Mynd.ai Days Inventory Chart

Mynd.ai Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Days Inventory
- 91.52 98.76 72.98

Mynd.ai Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24
Days Inventory - 126.56 66.86 65.75 69.55

Competitive Comparison of Mynd.ai's Days Inventory

For the Education & Training Services subindustry, Mynd.ai'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.


Mynd.ai's Days Inventory Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Mynd.ai's Days Inventory distribution charts can be found below:

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


;
;

Mynd.ai Days Inventory Calculation

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

Mynd.ai's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (49.467 + 27.349) / 2 ) / 192.089*365
=38.408 / 192.089*365
=72.98

Mynd.ai's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (31.272 + 27.349) / 2 ) / 76.909*365 / 2
=29.3105 / 76.909*365 / 2
=69.55

* 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.


Mynd.ai  (STU:WK6) 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.

Mynd.ai's Inventory Turnover for the six months ended in Dec. 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.

Mynd.ai's Inventory to Revenue for the six months ended in Dec. 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.


Mynd.ai Days Inventory Related Terms

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


Mynd.ai Business Description

Traded in Other Exchanges
Address
720 Olive Way, Suite 1500, Seattle, WA, USA, 98101
Mynd.ai Inc is a company that provides a platform for delivering digital content in K-12 classrooms, giving teachers seamless connectivity to inspire young minds. It features agnostic hardware that integrates across technology providers. Its product line includes a wide range of interactive tools and technologies, with its award-winning interactive displays at the forefront. It also offers interactive software apps such as Screen Share, computing modules, and accessories that meet the needs of customers, including K -12 educators, colleges and universities, small businesses and corporations, government agencies, and more.

Mynd.ai Headlines

No Headlines