Micro Imaging Technology (Micro Imaging Technology) Change In Inventory : $0.00 Mil (TTM As of Jul. 2014)

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What is Micro Imaging Technology Change In Inventory?

Micro Imaging Technology's change in inventory for the quarter that ended in Jul. 2014 was $0.00 Mil. It means Micro Imaging Technology's inventory stayed the same from Apr. 2014 to Jul. 2014 .

Micro Imaging Technology's change in inventory for the fiscal year that ended in Oct. 2013 was $-0.04 Mil. It means Micro Imaging Technology's inventory increased by $0.04 Mil from Oct. 2012 to Oct. 2013 .

Micro Imaging Technology's Total Inventories for the quarter that ended in Jul. 2014 was $0.07 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Micro Imaging Technology's Inventory Turnover for the quarter that ended in Jul. 2014 was 0.00.

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.

Micro Imaging Technology Change In Inventory Historical Data

The historical data trend for Micro Imaging Technology'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.

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Micro Imaging Technology Change In Inventory Chart

Micro Imaging Technology Annual Data

Trend

Oct04

Oct05

Oct06

Oct07

Oct08

Oct09

Oct10

Oct11

Oct12

Oct13

Change In Inventory

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0.01

0.02

-0.03

-0.04

Micro Imaging Technology Quarterly Data
	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Micro Imaging Technology 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 Jul. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Micro Imaging Technology (OTCPK:MMTC) Change In Inventory Explanation

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

Micro Imaging Technology's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.067	/	0	*	365 / 4
	=	N/A

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

Micro Imaging Technology's Inventory Turnover for the quarter that ended in Jul. 2014 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0.067
	=	0.00

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.

Micro Imaging Technology's Inventory to Revenue for the quarter that ended in Jul. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.067	/	0
	=	N/A

Micro Imaging Technology Change In Inventory Related Terms

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Micro Imaging Technology (Micro Imaging Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Micro Imaging Technology Inc (OTCPK:MMTC) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

970 Calle Amanecer, Suite F, San Clemente, CA, USA, 92673

Website

http://www.micro-imaging.com

Micro Imaging Technology Inc (MIT) is an engaged in developing and manufacturing of laser-based microbial identification system. The device uses the principles of light scattering to discriminate various bacteria cells that are suspended in filtered water. Its MIT 1000 product features 35 photodetectors that surround the sample vial and collect light scattering intensities that are generated when a cell intersects the laser beam.

Executives

Anthony M Frank

other: 5% owner

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