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Rolling Optics Holding AB Days Inventory

: 46.99 (As of Sep. 2020)
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Rolling Optics Holding AB's Total Inventories for the three months ended in Sep. 2020 was $0.11 Mil. Rolling Optics Holding AB's Cost of Goods Sold for the three months ended in Sep. 2020 was $0.22 Mil. Hence, Rolling Optics Holding AB's Days Inventory for the three months ended in Sep. 2020 was 46.99.

OTCPK:ICTAF' s Days Inventory Range Over the Past 10 Years
Min: 53.08   Med: 221.59   Max: 362.1
Current: 109.62
53.08
362.1

During the past 13 years, Rolling Optics Holding AB's highest Days Inventory was 362.10. The lowest was 53.08. And the median was 221.59.

OTCPK:ICTAF's Days Inventory is ranked lower than
64% of the 2255 Companies
in the Hardware industry.

( Industry Median: 85.44 vs. OTCPK:ICTAF: 109.62 )

Rolling Optics Holding AB's Days Inventory declined from Sep. 2019 (2,455.05) to Sep. 2020 (46.99).

Total Inventories can be measured by Days Sales of Inventory (DSI).

Inventory Turnover measures how fast the company turns over its inventory within a year. Rolling Optics Holding AB's Inventory Turnover for the three months ended in Sep. 2020 was 1.94.

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. Rolling Optics Holding AB's Inventory-to-Revenue for the three months ended in Sep. 2020 was 0.14.

Rolling Optics Holding AB Days Inventory Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Rolling Optics Holding AB Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 284.62 387.23 113.94 0.00 0.00

Rolling Optics Holding AB Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Days 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 2,455.05 82.50 0.00 87.71 46.99
Competitive Comparison
* 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.

Rolling Optics Holding AB Days Inventory Distribution

* The bar in red indicates where Rolling Optics Holding AB's Days Inventory falls into.


Rolling Optics Holding AB Days Inventory Calculation

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

Rolling Optics Holding AB's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

Days Inventory (A: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (0 + 0) / 1 ) / 2.594037572622*365
=0 / 2.594037572622*365
=0.00

Rolling Optics Holding AB's Days Inventory for the quarter that ended in Sep. 2020 is calculated as:

Days Inventory (Q: Sep. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2020 ) + Total Inventories (Q: Sep. 2020 )) / count ) / Cost of Goods Sold (Q: Sep. 2020 )*Days in Period
=( (0.10901670157349 + 0.11778124082481) / 2 ) / 0.22020462090928*365 / 4
=0.11339897119915 / 0.22020462090928*365 / 4
=46.99

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Rolling Optics Holding AB  (OTCPK:ICTAF) Days Inventory Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Total Inventories can be measured by Days Sales of Inventory (DSI).

Rolling Optics Holding AB's Days Sales of Inventory for the three months ended in Sep. 2020 is calculated as

Days Sales of Inventory (DSI)=Total Inventories/Revenue*Days in Period
=0.11339897119915/0.81012715405289*365 / 4
=12.77

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

Rolling Optics Holding AB's Inventory Turnover for the three months ended in Sep. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold / Total Inventories
=0.22020462090928 / 0.11339897119915
=1.94

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.

Rolling Optics Holding AB's Inventory to Revenue for the three months ended in Sep. 2020 is calculated as

Inventory-to-Revenue=Total Inventories / Revenue
=0.11339897119915 / 0.81012715405289
=0.14

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.

Rolling Optics Holding AB Days Inventory Related Terms

Rolling Optics Holding AB Days Inventory Headlines

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