Days Inventory is also known as Days Sales of Inventory (DSI). Optical Cable's Average Total Inventories for the
three
months ended in Jan. 2024 was $23.39 Mil. Optical Cable's Cost of Goods Sold for the
three
months ended in Jan. 2024 was $11.14 Mil.
Hence, Optical Cable's Days Inventory for the
three
months ended in Jan. 2024 was 191.61.
The historical rank and industry rank for Optical Cable's Days Inventory or its related term are showing as below:
OCC'
s Days Inventory Range Over the Past 10 Years
Min: 104.27 Med: 133.79 Max: 173.54
Current: 173.54
During the past 13 years, Optical Cable's highest Days Inventory was 173.54. The lowest was 104.27. And the median was 133.79.
OCC's Days Inventory is ranked worse than 74.98% of 2406
companies
in the Hardware industry
Industry Median: 103.87
vs OCC: 173.54
Optical Cable's Days Inventory
increased
from Jan. 2023 (161.74) to Jan. 2024 (191.61).
It might indicate that Optical Cable's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Optical Cable's Inventory Turnover for the
three
months ended in Jan. 2024 was 0.48.
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.
Optical Cable's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 1.57.
Optical Cable Days Inventory Historical Data
The historical data trend for Optical Cable'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.
Competitive Comparison of Optical Cable's Days Inventory
For the Communication Equipment subindustry, Optical Cable'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.
Optical Cable's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Optical Cable's Days Inventory distribution charts can be found below:
* The bar in red indicates where Optical Cable's Days Inventory falls into.
Optical Cable Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Optical Cable's Days Inventory for the fiscal year that ended in Oct. 2023 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.
Optical Cable (NAS:OCC) 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.
Optical Cable's Inventory Turnover for the
three
months ended in Jan. 2024 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.
Optical Cable's Inventory to Revenue for the
three
months ended in Jan. 2024 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.
Optical Cable Days Inventory Related Terms
Thank you for viewing the detailed overview of Optical Cable's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Optical Cable (Optical Cable) Business Description
Optical Cable Corp manufactures tight-buffered fiber optic & copper data communication cables, data communication connectivity solutions for enterprise markets, and customized solutions for specialty use & harsh environments. Its products and services include designs and customized products for specialty applications and harsh environments, cabling, connectors, patch cords, assemblies, racks, cabinets, datacom enclosures, patch panels, faceplates, and multi-media boxes. The company supplies its products and services to industries such as the military, industrial, mining, petrochemical, broadcast, oil & gas, and others.
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