Optec International (Optec International) Change In Inventory : $0.00 Mil (TTM As of Dec. 2018)

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What is Optec International Change In Inventory?

Optec International's change in inventory for the quarter that ended in Dec. 2018 was $0.00 Mil. It means Optec International's inventory stayed the same from Sep. 2018 to Dec. 2018 .

Optec International's change in inventory for the fiscal year that ended in Jun. 2017 was $0.00 Mil. It means Optec International's inventory stayed the same from Jun. 2016 to Jun. 2017 .

Optec International's Total Inventories for the quarter that ended in Dec. 2018 was $0.08 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. Optec International's Inventory Turnover for the quarter that ended in Dec. 2018 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.

Optec International Change In Inventory Historical Data

The historical data trend for Optec International'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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Optec International Change In Inventory Chart

Optec International Annual Data

Trend

Jun15

Jun16

Jun17

Change In Inventory

Optec International Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
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Optec International 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Optec International (OTCPK:OPTI) Change In Inventory Explanation

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

Optec International's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.081	/	0	*	365 / 4
	=	N/A

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

Optec International's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0.081
	=	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.

Optec International's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.081	/	0
	=	N/A

Optec International Change In Inventory Related Terms

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Optec International (Optec International) Business Description

Industry

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Traded in Other Exchanges

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Address

1385 Park Center Drive, Vista, CA, USA, 92081

Website

https://www.optecintl.com

Optec International Inc is a provider of green technologies for continued reduction of fossil fuel usage, pollution and greenhouse gas emissions. It is engaged in the distribution of Green technologies, the OPTEC Fuel Maximizer and the OPTEC Led Solar lighting systems. The company is also involved in the distribution of Optec UV-C technology Solutions, PPE and related healthcare products. Its OPTEC Fuel Maximizer products is a patented plug-in-play aftermarket automotive device.