MPXOF (MPX International) Inventory Turnover: 0.16 (As of Mar. 2022)


What is MPX International Inventory Turnover?

MPX International MPXOF -99.00% Inventory Turnover is 0.16 as of Mar. 2022.

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. MPX International's Cost of Goods Sold for the three months ended in Mar. 2022 was $0.50 Mil. MPX International's Average Total Inventories for the quarter that ended in Mar. 2022 was $3.13 Mil. MPX International's Inventory Turnover for the quarter that ended in Mar. 2022 was 0.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MPX International's Days Inventory for the three months ended in Mar. 2022 was 577.73.

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. MPX International's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 1.96.

MPX International  (OTCPK:MPXOF) 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.

MPX International's Days Inventory for the three months ended in Mar. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2022 )/Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=3.134/0.495*365 / 4
=577.73

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.

MPX International's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=3.134 / 1.596
=1.96

* 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.

MPX International Inventory Turnover Related Terms

MPX International Inventory Turnover Historical Data

* Premium members only.

The historical data trend for MPX International's Inventory Turnover 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.

MPX International Inventory Turnover Chart

MPX International Annual Data
Trend Sep18 Sep19 Sep20 Sep21
Inventory Turnover
0.22 -1.07 -0.21 0.68

MPX International Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Inventory Turnover 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 0.15 0.05 0.37 0.12 0.16

MPX International Inventory Turnover Calculation

MPX International's Inventory Turnover for the fiscal year that ended in Sep. 2021 is calculated as

Inventory Turnover (A: Sep. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2021 ) / ((Total Inventories (A: Sep. 2020 ) + Total Inventories (A: Sep. 2021 )) / count )
=2.113 / ((3.646 + 2.605) / 2 )
=2.113 / 3.1255
=0.68

MPX International's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover (Q: Mar. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2022 ) / ((Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Mar. 2022 )) / count )
=0.495 / ((2.988 + 3.28) / 2 )
=0.495 / 3.134
=0.16

* 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 Inventory Turnover →
What does a Inventory Turnover of 0.16 mean?
MPX International (MPXOF) has a Inventory Turnover of 0.16 as of Mar. 2022. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on MPX International and its competitors.
Is MPX International's Inventory Turnover too high?
MPX International's current Inventory Turnover is 0.16.
How does MPX International's Inventory Turnover compare to ZTS and CTLT?
MPX International's Inventory Turnover of 0.16 can be compared against companies in the Drug Manufacturers 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 a Drug Manufacturers company?
A good Inventory Turnover depends on the Drug Manufacturers 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 MPX International and its competitors. MPX International's current Inventory Turnover is 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MPX International stock overvalued right now?
MPX International (MPXOF) has a current Inventory Turnover of 0.16. The current Inventory Turnover is 0.16. 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 MPX International (MPXOF), the current Inventory Turnover is 0.16 as of Mar. 2022. 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.

MPX International Business Description

Address 5255 Yonge Street, Suite 701, Toronto, ON, CAN, M2N 6P4
MPX International Corp is a diversified cannabis company focused on developing and operating assets across the global medical and adult use and engaged in cultivating, manufacturing and marketing products that include cannabinoids as their primary active ingredient. The firm is organized into three segments: Canada, Europe/Africa, and Asia-Pacific. The Canada operating segment's principal business activities consist of production and sale of cannabis, video learning and engagement, patient counselling and referral services. The Europe/Africa operating segment's consist of the production and sale of cannabis and hemp-related products. The Asia-Pacific consist of the production and sale of cannabis. The majority of the revenue is generated in Canada.