TMGEF (Thermal Energy International) Days Inventory: 28.14 (As of Feb. 2026) — 18% Below Median


TMGEF Thermal Energy International Inc TMGEF
65 GF Score
Price $0.12
GF Value $0.18
Valuation Possible Value Trap
! 4 Warning Signs
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What is Thermal Energy International Days Inventory?

Thermal Energy International TMGEF +7.44% 65 Days Inventory is 28.14 as of Feb. 2026, which is 18% below its 10-year median of 34.25. GuruFocus rates TMGEF with a GF Score™ of 65/100 and a GF Value™ of $0.18 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,968 Industrial Products companies, Thermal Energy International ranks better than 92.55% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Thermal Energy International's Average Total Inventories for the three months ended in Feb. 2026 was $1.34 Mil. Thermal Energy International's Cost of Goods Sold for the three months ended in Feb. 2026 was $4.34 Mil. Hence, Thermal Energy International's Days Inventory for the three months ended in Feb. 2026 was 28.14.

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

TMGEF' s Days Inventory Range Over the Past 10 Years
Min: 16.67   Med: 34.25   Max: 48.18
Current: 37.53

During the past 13 years, Thermal Energy International's highest Days Inventory was 48.18. The lowest was 16.67. And the median was 34.25.

TMGEF's Days Inventory is ranked better than
92.55% of 2968 companies
in the Industrial Products industry
Industry Median: 119.47 vs TMGEF: 37.53

Thermal Energy International's Days Inventory declined from Feb. 2025 (45.59) to Feb. 2026 (28.14).

Inventory Turnover measures how fast the company turns over its inventory within a year. Thermal Energy International's Inventory Turnover for the three months ended in Feb. 2026 was 3.24.

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. Thermal Energy International's Inventory-to-Revenue for the three months ended in Feb. 2026 was 0.19.


Thermal Energy International  (OTCPK:TMGEF) 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.

Thermal Energy International's Inventory Turnover for the three months ended in Feb. 2026 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.

Thermal Energy International's Inventory to Revenue for the three months ended in Feb. 2026 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.


Thermal Energy International Days Inventory Related Terms


Thermal Energy International Days Inventory Historical Data

* Premium members only.

The historical data trend for Thermal Energy International'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.

Thermal Energy International Days Inventory Chart

Thermal Energy International Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.88 43.09 45.32 48.43 43.30

Thermal Energy International Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 45.59 59.58 51.09 26.94 28.14

TMGEF vs VLTO, ZWS, CECO: Days Inventory Comparison

For the Pollution & Treatment Controls subindustry, Thermal Energy International'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.


Thermal Energy International Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Thermal Energy International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Thermal Energy International's Days Inventory falls into.


TMGEF
65GF Score
Thermal Energy International Inc TMGEF
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Thermal Energy International Days Inventory Calculation

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

Thermal Energy International's Days Inventory for the fiscal year that ended in May. 2025 is calculated as

Days Inventory (A: May. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2024 ) + Total Inventories (A: May. 2025 )) / count ) / Cost of Goods Sold (A: May. 2025 )*Days in Period
=( (1.354 + 1.629) / 2 ) / 12.573*365
=1.4915 / 12.573*365
=43.30

Thermal Energy International's Days Inventory for the quarter that ended in Feb. 2026 is calculated as:

Days Inventory (Q: Feb. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2025 ) + Total Inventories (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (1.253 + 1.424) / 2 ) / 4.341*365 / 4
=1.3385 / 4.341*365 / 4
=28.14

* 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 28.14 mean?
Thermal Energy International (TMGEF) has a Days Inventory of 28.14 as of Feb. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Thermal Energy International and its competitors. This is 18% below median its historical median of 34.25. Over the past decade, Thermal Energy International's Days Inventory has ranged from 16.67 to 48.18. According to the industry distribution chart, Thermal Energy International ranks #221 out of 2968 companies in the Industrial Products industry, placing it in the top 7.4%.
Is Thermal Energy International's Days Inventory too high?
Thermal Energy International's current Days Inventory of 28.14 is 18% below median its 10-year median of 34.25. Over the past 10 years, this metric has ranged from a low of 16.67 to a high of 48.18. The Industrial Products industry median Days Inventory is 119.47. Thermal Energy International's value of 28.14 is 76.4% below this industry median. Based on the distribution chart, Thermal Energy International ranks #221 out of 2968 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Thermal Energy International has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thermal Energy International's Days Inventory compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Thermal Energy International ranks #221 out of 2968 companies for Days Inventory. This places Thermal Energy International in the top 7% of its industry — outperforming the majority of peers. The industry median Days Inventory is 119.47. Thermal Energy International's value of 28.14 is 76.4% below this benchmark. Historically, Thermal Energy International's own Days Inventory has ranged from 16.67 to 48.18 over the past decade. While the company's 10-year median is 34.25 vs. the industry median of 119.47, Thermal Energy International has consistently been below the industry average. 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 Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.47, based on 2,968 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. Thermal Energy International's current Days Inventory of 28.14 is 76.4% 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 Thermal Energy International and its competitors. For the Industrial Products industry, the median Days Inventory is 119.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thermal Energy International's current Days Inventory is 28.14, which is 18% below median its own 10-year median of 34.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermal Energy International stock overvalued right now?
Based on GuruFocus' analysis, Thermal Energy International (TMGEF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.18, compared to a current price of $0.12 — trading 35.1% below its estimated fair value. The current Days Inventory is 28.14, which is 18% below median its 10-year median of 34.25 and 76.4% below the Industrial Products industry median of 119.47. Thermal Energy International's overall GF Score™ is 65/100 with 4 warning signs to review. 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 Thermal Energy International (TMGEF), the current Days Inventory is 28.14 as of Feb. 2026. 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.

Is Thermal Energy International (TMGEF) Overvalued in 2026?

Based on GuruFocus' analysis, Thermal Energy International stock appears to be undervalued. The current stock price of $0.12 is trading 35.1% below its estimated GF Value™ of $0.18. GuruFocus considers Thermal Energy International to be Possible Value Trap.

Key valuation signals for TMGEF:

  • Days Inventory: 28.14 (18% below median its 10-year median of 34.25)
  • GF Value™: $0.18 vs. price of $0.12 (35.1% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 76.4% below the Industrial Products median (#221 of 2968)

No single metric tells the full story. See the TMGEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thermal Energy International Business Description

Other Exchanges EUW:GermanyTMG:Canada
Address 36 Antares Drive, Suite 850, Ottawa, ON, CAN, K2E 7W5
Thermal Energy International Inc is a supplier of proprietary, energy efficiency and emissions reduction solutions to the industrial and institutional sectors. It markets, sells, engineers, fabricates, constructs, installs and supports technology lines - heat recovery solutions and condensate return system solutions. The product portfolio consists of GEM steam traps, FLU-ACE - direct contact condensing heat recovery, and Dry Rex - low-temperature biomass drying systems. The operating segment includes geographical areas that reflect the core business which has units located in Ottawa, Canada and Bristol, UK. The firm derives revenue from Canada, the UK, Germany, France, Poland, India, etc and the rest of the world. Substantial sales revenue comes from the USA.
65GF Score

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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.12
Price
$0.18
GF Value