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Mennica Polska (WAR:MNC) Days Inventory : 154.79 (As of Mar. 2024)


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What is Mennica Polska Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mennica Polska's Average Total Inventories for the three months ended in Mar. 2024 was zł481 Mil. Mennica Polska's Cost of Goods Sold for the three months ended in Mar. 2024 was zł284 Mil. Hence, Mennica Polska's Days Inventory for the three months ended in Mar. 2024 was 154.79.

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

WAR:MNC' s Days Inventory Range Over the Past 10 Years
Min: 40.75   Med: 116.23   Max: 205.89
Current: 164.93

During the past 13 years, Mennica Polska's highest Days Inventory was 205.89. The lowest was 40.75. And the median was 116.23.

WAR:MNC's Days Inventory is ranked worse than
66.94% of 2907 companies
in the Industrial Products industry
Industry Median: 121.9 vs WAR:MNC: 164.93

Mennica Polska's Days Inventory increased from Mar. 2023 (153.84) to Mar. 2024 (154.79). It might indicate that Mennica Polska's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mennica Polska's Inventory Turnover for the three months ended in Mar. 2024 was 0.59.

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. Mennica Polska's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.47.


Mennica Polska Days Inventory Historical Data

The historical data trend for Mennica Polska'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.

Mennica Polska Days Inventory Chart

Mennica Polska Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 205.89 180.06 124.08 137.29 156.59

Mennica Polska Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 153.84 185.58 198.21 129.60 154.79

Competitive Comparison of Mennica Polska's Days Inventory

For the Metal Fabrication subindustry, Mennica Polska'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.


Mennica Polska's Days Inventory Distribution in the Industrial Products Industry

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

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



Mennica Polska Days Inventory Calculation

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

Mennica Polska's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (469.044 + 449.016) / 2 ) / 1069.963*365
=459.03 / 1069.963*365
=156.59

Mennica Polska's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (449.016 + 513.505) / 2 ) / 283.698*365 / 4
=481.2605 / 283.698*365 / 4
=154.79

* 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.


Mennica Polska  (WAR:MNC) 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.

Mennica Polska's Inventory Turnover for the three months ended in Mar. 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.

Mennica Polska's Inventory to Revenue for the three months ended in Mar. 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.


Mennica Polska Days Inventory Related Terms

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


Mennica Polska (WAR:MNC) Business Description

Traded in Other Exchanges
N/A
Address
al Jana Pawla II 23, Atrium International Business Center, 3rd floor, Warsaw, POL, 00-854
Mennica Polska SA is a metal processing company in Poland. It is one of the country's leading producers and distributors of mint and engraving/medal products. The activities of the company are focused on four markets, namely mint products, precious metals processing, ICT services and property development. Mennica's core activity is the production of coins in circulation in Poland. Additionally, it also produces badges, medals, and token coins. In its precious metals segment, the company manufactures catalytic gauzes, paints, equipment for glass furnaces, rolled and drawn precious metal products. The Electronic payment segment deals with the operation of card systems, the sale of public transport tickets and other payment systems.

Mennica Polska (WAR:MNC) Headlines

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