GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Orbit International Corp (OTCPK:ORBT) » Definitions » Change In Inventory

Orbit International (Orbit International) Change In Inventory

: $0.69 Mil (TTM As of Jun. 2017)
View and export this data going back to 2014. Start your Free Trial

Orbit International's change in inventory for the quarter that ended in Jun. 2017 was $0.00 Mil. It means Orbit International's inventory stayed the same from Dec. 2016 to Jun. 2017 .

Orbit International's change in inventory for the fiscal year that ended in Dec. 2016 was $0.69 Mil. It means Orbit International's inventory declined by $0.69 Mil from Dec. 2015 to Dec. 2016 .

Orbit International's Total Inventories for the quarter that ended in Jun. 2017 was $9.95 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Orbit International's Days Inventory for the quarter that ended in Jun. 2017 was 287.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. Orbit International's Inventory Turnover for the quarter that ended in Jun. 2017 was 0.32.

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. Orbit International's Inventory-to-Revenue for the quarter that ended in Jun. 2017 was 1.98.


Orbit International Change In Inventory Historical Data

The historical data trend for Orbit International's Change In 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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => -0.72 [6] => 1.47 [7] => 0.71 [8] => 0.40 [9] => 0.69 )
Orbit International Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Change In Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.72 1.47 0.71 0.40 0.69

Orbit International Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Jun17
Change In Inventory 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 Premium Member Only Premium Member Only Premium Member Only -0.21 -0.03 0.49 0.45 -

Orbit International Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.69 Mil.

* 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.


Orbit International  (OTCPK:ORBT) Change In Inventory Explanation

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

Orbit International's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=9.978/3.168*365 / 4
=287.40

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

Orbit International's Inventory Turnover for the quarter that ended in Jun. 2017 is calculated as

3. 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.

Orbit International's Inventory to Revenue for the quarter that ended in Jun. 2017 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.


Orbit International Change In Inventory Related Terms

Thank you for viewing the detailed overview of Orbit International's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Orbit International (Orbit International) Business Description

Traded in Other Exchanges
N/A
Address
80 Cabot Court, Hauppauge, NY, USA, 11788
Orbit International Corp is a U.S based company engaged in offering mission-critical hardware, software, and integrated systems. It operates through two segments: the Electronics Group and the Power Group. The company designs and manufactures subsystems and components for contractors, government procurement agencies (both foreign and domestic), and research and development laboratories across the world.
Executives
Robert Mitzman director 3725 SW 30TH AVENUE, FORT LAUDERDALE FL 33312
Arthur Rhein director