RITT (RIT Technologies) Change In Inventory: $0.00 Mil (TTM As of Sep. 2015)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is RIT Technologies Change In Inventory?

RIT Technologies RITT Change In Inventory is $0.00 Mil as of Sep. 2015.

RIT Technologies's change in inventory for the quarter that ended in Sep. 2015 was $0.00 Mil. It means RIT Technologies's inventory stayed the same from Jun. 2015 to Sep. 2015 .

RIT Technologies's change in inventory for the fiscal year that ended in Dec. 2014 was $0.03 Mil. It means RIT Technologies's inventory declined by $0.03 Mil from Dec. 2013 to Dec. 2014 .

RIT Technologies's Total Inventories for the quarter that ended in Sep. 2015 was $3.19 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. RIT Technologies's Days Inventory for the quarter that ended in Sep. 2015 was 131.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. RIT Technologies's Inventory Turnover for the quarter that ended in Sep. 2015 was 0.69.

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. RIT Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2015 was 0.77.


RIT Technologies  (OTCPK:RITT) Change In Inventory Explanation

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

RIT Technologies's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=3.3445/2.314*365 / 4
=131.89

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

RIT Technologies's Inventory Turnover for the quarter that ended in Sep. 2015 is calculated as

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.

RIT Technologies's Inventory to Revenue for the quarter that ended in Sep. 2015 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.


RIT Technologies Change In Inventory Related Terms


RIT Technologies Change In Inventory Historical Data

* Premium members only.

The historical data trend for RIT Technologies'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.

RIT Technologies Change In Inventory Chart

RIT Technologies Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 -0.47 0.42 -0.29 0.03

RIT Technologies Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Change In Inventory Get a 7-Day Free Trial 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 0.00 0.00 0.00 0.00 0.00

RIT Technologies 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 Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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 $0.00 Mil mean?
RIT Technologies (RITT) has a Change In Inventory of $0.00 Mil as of Sep. 2015. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for RIT Technologies and its competitors.
Is RIT Technologies' Change In Inventory too high?
RIT Technologies' current Change In Inventory is $0.00 Mil.
How does RIT Technologies' Change In Inventory compare to OSAT and GTXO?
RIT Technologies' Change In Inventory of $0.00 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Change In Inventory depends on the Hardware 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 RIT Technologies and its competitors. RIT Technologies's current Change In Inventory is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RIT Technologies stock overvalued right now?
RIT Technologies (RITT) has a current Change In Inventory of $0.00 Mil. The current Change In Inventory is $0.00 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 RIT Technologies (RITT), the current Change In Inventory is $0.00 Mil as of Sep. 2015. 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.

RIT Technologies Business Description

Address 24 Raoul Wallenberg Street, Tel Aviv, ISR, 69719
RIT Technologies Ltd provides Intelligent Infrastructure Management solutions and develops indoor optical wireless technology solutions. The company's products include PatchView that provides security and network utilization for data centers, communication rooms and work space environments; and Beamcaster that provides IWON technology solutions mainly for open-space offices. Its Intelligent Infrastructure Management solutions are deployed in various organizations including data centers in the private sector, government agencies, financial institutions, airport authorities, healthcare and education institutions.