MIND Technology (FRA:MI70) Total Inventories: €9.39 Mil (As of Apr. 2026)


FRA:MI70 MIND Technology Inc FRA:MI70
44 GF Score
Price €4.20
GF Value €1.19
Valuation Significantly Overvalued
! 4 Warning Signs
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What is MIND Technology Total Inventories?

MIND Technology FRA:MI70 44 Total Inventories is €9.39 Mil as of Apr. 2026. GuruFocus rates FRA:MI70 with a GF Score™ of 44/100 and a GF Value™ of €1.19 (Significantly Overvalued). The stock has 4 warning signs investors should review.

MIND Technology's total inventories for the quarter that ended in Apr. 2026 was €9.39 Mil. MIND Technology's average total inventories from the quarter that ended in Jan. 2026 to the quarter that ended in Apr. 2026 was €9.44 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. MIND Technology's Net-Net Working Capital per share for the quarter that ended in Apr. 2026 was €2.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MIND Technology's Days Inventory for the three months ended in Apr. 2026 was 180.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. MIND Technology's Inventory Turnover for the quarter that ended in Apr. 2026 was 0.51.

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. MIND Technology's Inventory-to-Revenue for the quarter that ended in Apr. 2026 was 1.14.


MIND Technology  (FRA:MI70) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

MIND Technology's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2026 is

Net-Net Working Capital Per Share (Q: Apr. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(15.096+0.75 * 14.12+0.5 * 9.385-7.899
-0-0)/9.089
=2.47

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

MIND Technology's Days Inventory for the three months ended in Apr. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Apr. 2026 )/Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=9.437/4.767*365 / 4
=180.64

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

MIND Technology's Inventory Turnover for the quarter that ended in Apr. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Apr. 2026 ) / Average Total Inventories (Q: Apr. 2026 )
=4.767 / 9.437
=0.51

4. 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.

MIND Technology's Inventory to Revenue for the quarter that ended in Apr. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=9.437 / 8.27
=1.14

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


MIND Technology Total Inventories Related Terms


MIND Technology Total Inventories Historical Data

* Premium members only.

The historical data trend for MIND Technology's Total Inventories 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.

MIND Technology Total Inventories Chart

MIND Technology Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.38 10.23 12.28 13.28 9.49

MIND Technology Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Total Inventories 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 11.97 10.13 10.06 9.49 9.39
FRA:MI70
44GF Score
MIND Technology Inc FRA:MI70
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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MIND Technology Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of €9.39 Mil mean?
MIND Technology (FRA:MI70) has a Total Inventories of €9.39 Mil as of Apr. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for MIND Technology and its competitors.
Is MIND Technology's Total Inventories too high?
MIND Technology's current Total Inventories is €9.39 Mil. Overall, MIND Technology has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MIND Technology's Total Inventories compare to WRAP and LGL?
MIND Technology's Total Inventories of €9.39 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Hardware company?
A good Total Inventories depends on the Hardware industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for MIND Technology and its competitors. MIND Technology's current Total Inventories is €9.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIND Technology stock overvalued right now?
Based on GuruFocus' analysis, MIND Technology (FRA:MI70) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.19, compared to a current price of €4.20 — trading 252.9% above its estimated fair value. The current Total Inventories is €9.39 Mil. MIND Technology's overall GF Score™ is 44/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For MIND Technology (FRA:MI70), the current Total Inventories is €9.39 Mil as of Apr. 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 MIND Technology (FRA:MI70) Overvalued in 2026?

Based on GuruFocus' analysis, MIND Technology stock appears to be overvalued. The current stock price of €4.20 is trading 252.9% above its estimated GF Value™ of €1.19. GuruFocus considers MIND Technology to be Significantly Overvalued.

Key valuation signals for FRA:MI70:

  • Total Inventories: €9.39 Mil
  • GF Value™: €1.19 vs. price of €4.20 (252.9% above fair value)
  • GF Score™: 44/100 with 4 warning signs

No single metric tells the full story. See the FRA:MI70 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MIND Technology Business Description

Other Exchanges MIND:USA
Address 2002 Timberloch Place, Suite 550, The Woodlands, TX, USA, 77380
MIND Technology Inc provides technology and solutions for exploration, survey, and defense applications in oceanographic, hydrographic, defense, seismic, and security industries. The company operates in single segment namely, Seamap which provides services and products, including engineering, repairs and software licensing, utilized in marine exploration, marine survey and maritime security for marine survey companies, seismic survey contractors, research institutes, non-military government organizations and operators of port facilities and other offshore installations. The company generates more revenue from Seamap Marine Products. The company's geographical segments include the United States; China, Norway; Turkey; Singapore; and Canada & Other.
44GF Score

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

€4.20
Price
€1.19
GF Value