MMMPF (Mermaid Maritime PCL) Inventory Turnover: 194.41 (As of Mar. 2026)

What is Mermaid Maritime PCL Inventory Turnover?

Mermaid Maritime PCL MMMPF +2.56% 47 Inventory Turnover is 194.41 as of Mar. 2026. GuruFocus rates MMMPF with a GF Score™ of 47/100 and a GF Value™ of $0.06 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Mermaid Maritime PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was $79.9 Mil. Mermaid Maritime PCL's Average Total Inventories for the quarter that ended in Mar. 2026 was $0.4 Mil. Mermaid Maritime PCL's Inventory Turnover for the quarter that ended in Mar. 2026 was 194.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mermaid Maritime PCL's Days Inventory for the three months ended in Mar. 2026 was 0.47.

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. Mermaid Maritime PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.01.

Mermaid Maritime PCL (OTCPK:MMMPF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Mermaid Maritime PCL's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2026 )	/	Cost of Goods Sold (Q: Mar. 2026 )	*	Days in Period
	=	0.411	/	79.901	*	365 / 4
	=	0.47

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.

Mermaid Maritime PCL's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2026 )	/	Revenue (Q: Mar. 2026 )
	=	0.411	/	82.066
	=	0.01

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Mermaid Maritime PCL Inventory Turnover Related Terms

Mermaid Maritime PCL Inventory Turnover Historical Data

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The historical data trend for Mermaid Maritime PCL's Inventory Turnover can be seen below:

Mermaid Maritime PCL Inventory Turnover Chart

Mermaid Maritime PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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325.24

321.40

258.70

756.95

1,240.10

Mermaid Maritime PCL Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Inventory Turnover	Get a 7-Day Free Trial															250.46	212.13	216.37	171.63	194.41

47GF Score

Mermaid Maritime PCL MMMPF

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Mermaid Maritime PCL Inventory Turnover Calculation

Mermaid Maritime PCL's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

	Inventory Turnover (A: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2025 )	/ (	(Total Inventories (A: Dec. 2024 )	+	Total Inventories (A: Dec. 2025 ))	/	count )
=	458.218	/ (	(0.317	+	0.422)	/	2 )
=	458.218	/	0.3695
=	1,240.10

Mermaid Maritime PCL's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

	Inventory Turnover (Q: Mar. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2026 )	/ (	(Total Inventories (Q: Dec. 2025 )	+	Total Inventories (Q: Mar. 2026 ))	/	count )
=	79.901	/ (	(0.422	+	0.4)	/	2 )
=	79.901	/	0.411
=	194.41

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 194.41 mean?

Mermaid Maritime PCL (MMMPF) has a Inventory Turnover of 194.41 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Mermaid Maritime PCL and its competitors.

Is Mermaid Maritime PCL's Inventory Turnover too high?

Mermaid Maritime PCL's current Inventory Turnover is 194.41. Overall, Mermaid Maritime PCL has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Mermaid Maritime PCL's Inventory Turnover compare to SLB and BKR?

Mermaid Maritime PCL's Inventory Turnover of 194.41 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for an Oil & Gas company?

A good Inventory Turnover depends on the Oil & Gas industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Mermaid Maritime PCL and its competitors. Mermaid Maritime PCL's current Inventory Turnover is 194.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Mermaid Maritime PCL stock overvalued right now?

Based on GuruFocus' analysis, Mermaid Maritime PCL (MMMPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.06, compared to a current price of $0.08 — trading 33.3% above its estimated fair value. The current Inventory Turnover is 194.41. Mermaid Maritime PCL's overall GF Score™ is 47/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Mermaid Maritime PCL (MMMPF), the current Inventory Turnover is 194.41 as of Mar. 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 Mermaid Maritime PCL (MMMPF) Overvalued in 2026?

Based on GuruFocus' analysis, Mermaid Maritime PCL stock appears to be overvalued. The current stock price of $0.08 is trading 33.3% above its estimated GF Value™ of $0.06. GuruFocus considers Mermaid Maritime PCL to be Significantly Overvalued.

Key valuation signals for MMMPF:

Inventory Turnover: 194.41
GF Value™: $0.06 vs. price of $0.08 (33.3% above fair value)
GF Score™: 47/100 with 7 warning signs

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

Mermaid Maritime PCL Business Description

Industry Energy Oil & Gas

Comparable Companies SGX:BEZ SGX:BTP SGX:5G2 SGX:M05 SGX:5NF SGX:BDU SGX:C13 SGX:BLZ SGX:5OQ SGX:5OR SLB BKR MIL:TEN HAL FTI SZSE:002353 OSL:SUBC MIL:SPM XPAR:GTT KGS

Other Exchanges DU4:Singapore

Address Soi Chidlom, Ploenchit Road, No. 26/28-29, Orakarn Building, 9th Floor, Kwaeng Lumpinee, Khet Pathumwan, Bangkok, THA, 10330

Website https://www.mermaid-group.com

Mermaid Maritime PCL is a subsea and offshore drilling services company. It provides full turnkey services to oil and gas majors operating offshore such as subsea vessels, specialized diving equipment, remotely operated vehicles, and drilling and accommodation rigs. Its segments are the Subsea Group and Holding. The Subsea group, which is the key revenue driver, provides services including inspection, repair, and maintenance (IRM), infrastructure installation support, remotely operated vehicle (ROV) Support, and cable and flexible pipe laying. The company has a presence across the world and Saudi Arabia is the highest income generator.

47GF Score

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$0.08

Price

$0.06

GF Value

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