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NoFire Technologies (NoFire Technologies) Days Inventory : 49.68 (As of May. 2010)


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What is NoFire Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NoFire Technologies's Average Total Inventories for the three months ended in May. 2010 was $0.10 Mil. NoFire Technologies's Cost of Goods Sold for the three months ended in May. 2010 was $0.18 Mil. Hence, NoFire Technologies's Days Inventory for the three months ended in May. 2010 was 49.68.

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

NFTI's Days Inventory is not ranked *
in the Chemicals industry.
Industry Median: 83.08
* Ranked among companies with meaningful Days Inventory only.

NoFire Technologies's Days Inventory declined from May. 2009 (132.11) to May. 2010 (49.68).

Inventory Turnover measures how fast the company turns over its inventory within a year. NoFire Technologies's Inventory Turnover for the three months ended in May. 2010 was 1.84.

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. NoFire Technologies's Inventory-to-Revenue for the three months ended in May. 2010 was 0.35.


NoFire Technologies Days Inventory Historical Data

The historical data trend for NoFire Technologies'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.

NoFire Technologies Days Inventory Chart

NoFire Technologies Annual Data
Trend Aug00 Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 140.64 138.03 65.32 184.96 153.41

NoFire Technologies Quarterly Data
Aug05 Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10
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 132.11 154.36 128.96 76.04 49.68

Competitive Comparison of NoFire Technologies's Days Inventory

For the Specialty Chemicals subindustry, NoFire Technologies'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.


NoFire Technologies's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, NoFire Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where NoFire Technologies's Days Inventory falls into.



NoFire Technologies Days Inventory Calculation

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

NoFire Technologies's Days Inventory for the fiscal year that ended in Aug. 2009 is calculated as

Days Inventory (A: Aug. 2009 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2008 ) + Total Inventories (A: Aug. 2009 )) / count ) / Cost of Goods Sold (A: Aug. 2009 )*Days in Period
=( (0.203 + 0.203) / 2 ) / 0.483*365
=0.203 / 0.483*365
=153.41

NoFire Technologies's Days Inventory for the quarter that ended in May. 2010 is calculated as:

Days Inventory (Q: May. 2010 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Feb. 2010 ) + Total Inventories (Q: May. 2010 )) / count ) / Cost of Goods Sold (Q: May. 2010 )*Days in Period
=( (0.091 + 0.105) / 2 ) / 0.18*365 / 4
=0.098 / 0.18*365 / 4
=49.68

* 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.


NoFire Technologies  (OTCPK:NFTI) 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.

NoFire Technologies's Inventory Turnover for the three months ended in May. 2010 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.

NoFire Technologies's Inventory to Revenue for the three months ended in May. 2010 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.


NoFire Technologies Days Inventory Related Terms

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


NoFire Technologies (NoFire Technologies) Business Description

Traded in Other Exchanges
N/A
Address
5 James Street, South Hackensack, NJ, USA, 07606
NoFire Technologies Inc is engaged in the development of non-toxic and fire-retardant coatings and textile wrap systems. It serves residential, commercial, industrial, maritime, and military applications.
Executives
Andrew H Tisch 10 percent owner 667 MADISON AVE, NEW YORK NY 10021-8087

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