Days Inventory is also known as Days Sales of Inventory (DSI). The Mint's Average Total Inventories for the
three
months ended in Sep. 2023 was C$0.00 Mil. The Mint's Cost of Goods Sold for the
three
months ended in Sep. 2023 was C$0.00 Mil.
The historical rank and industry rank for The Mint's Days Inventory or its related term are showing as below:
During the past 13 years, The Mint's highest Days Inventory was 1065.26. The lowest was 1065.26. And the median was 1065.26.
TSXV:MIT's Days Inventory is not ranked *
in the Credit Services industry.
Industry Median: 40.39 * Ranked among companies with meaningful Days Inventory only.
The Mint's Days Inventory
stayed the same
from Sep. 2022 (0.00) to Sep. 2023 (0.00).
Inventory Turnover measures how fast the company turns over its inventory within a year.
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.
The Mint Days Inventory Historical Data
The historical data trend for The Mint'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.
Competitive Comparison of The Mint's Days Inventory
For the Credit Services subindustry, The Mint'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.
The Mint's Days Inventory Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, The Mint's Days Inventory distribution charts can be found below:
* The bar in red indicates where The Mint's Days Inventory falls into.
The Mint Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
The Mint's Days Inventory for the fiscal year that ended in Dec. 2022 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.
The Mint (TSXV:MIT) 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.
The Mint'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.
The Mint'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.
The Mint Days Inventory Related Terms
Thank you for viewing the detailed overview of The Mint's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
The Mint Corp, through its subsidiaries, is a globally certified payments company focused on offering financial services to the unbanked salaried worker in the United Arab Emirates (UAE). The Group manages the issuance, administration, customer support, payment processing, and set-up and reporting of payroll cards. In addition, it also provides additional services to cardholders, including mobile airtime top-up and mobile payments.
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