ICTY (Eyecity.com) Change In Inventory: $0.23 Mil (TTM As of Dec. 2001)


What is Eyecity.com Change In Inventory?

Eyecity.com ICTY Change In Inventory is $0.23 Mil as of Dec. 2001.

Eyecity.com's change in inventory for the quarter that ended in Dec. 2001 was $0.00 Mil. It means Eyecity.com's inventory stayed the same from Sep. 2001 to Dec. 2001 .

Eyecity.com's change in inventory for the fiscal year that ended in Dec. 2001 was $0.24 Mil. It means Eyecity.com's inventory declined by $0.24 Mil from Dec. 2000 to Dec. 2001 .

Eyecity.com's Total Inventories for the quarter that ended in Dec. 2001 was $0.08 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eyecity.com's Days Inventory for the quarter that ended in Dec. 2001 was 495.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eyecity.com's Inventory Turnover for the quarter that ended in Dec. 2001 was 0.18.

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. Eyecity.com's Inventory-to-Revenue for the quarter that ended in Dec. 2001 was 2.71.

Eyecity.com  (OTCPK:ICTY) Change In Inventory Explanation

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

Eyecity.com's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.076/0.014*365 / 4
=495.36

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

Eyecity.com's Inventory Turnover for the quarter that ended in Dec. 2001 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.014 / 0.076
=0.18

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.

Eyecity.com's Inventory to Revenue for the quarter that ended in Dec. 2001 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.076 / 0.028
=2.71

* 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.

Eyecity.com Change In Inventory Related Terms

Eyecity.com Change In Inventory Historical Data

* Premium members only.

The historical data trend for Eyecity.com'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.

Eyecity.com Change In Inventory Chart

Eyecity.com Annual Data
Trend Dec99 Dec00 Dec01
Change In Inventory
-0.30 0.18 0.24

Eyecity.com Quarterly Data
Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01
Change In Inventory Get a 7-Day Free Trial Premium Member Only 0.03 0.23 0.01 -0.00 0.00

Eyecity.com 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 Dec. 2001 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.23 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $0.23 Mil mean?
Eyecity.com (ICTY) has a Change In Inventory of $0.23 Mil as of Dec. 2001. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Eyecity.com and its competitors.
Is Eyecity.com's Change In Inventory too high?
Eyecity.com's current Change In Inventory is $0.23 Mil.
How does Eyecity.com's Change In Inventory compare to NLSC and BOTH?
Eyecity.com's Change In Inventory of $0.23 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Diversified Financial Services company?
A good Change In Inventory depends on the Diversified Financial Services industry context. However, Change In Inventory 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 Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Eyecity.com and its competitors. Eyecity.com's current Change In Inventory is $0.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eyecity.com stock overvalued right now?
Eyecity.com (ICTY) has a current Change In Inventory of $0.23 Mil. The current Change In Inventory is $0.23 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Eyecity.com (ICTY), the current Change In Inventory is $0.23 Mil as of Dec. 2001. 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.

Eyecity.com Business Description

Address 5230 Land of Lake Boulevard, Suite 431, Land of Lakes, FL, USA, 34639
Eyecity.com Inc has formed a joint venture (JV) with an existing multimedia generation company, focusing on monetizing celebrity contacts and content by leveraging proprietary marketing tools and tested strategies to increase promotions, drive awareness, and expand audiences. The company has acquired two real estate projects in Brazil for development and is working to advance those projects. It has also acquired a note and intellectual property related to the Smart City business.