CVST (Covista Communications) Days Inventory: 0.00 (As of Apr. 2005)


What is Covista Communications Days Inventory?

Covista Communications CVST -99.67% Days Inventory is 0.00 as of Apr. 2005.

Days Inventory is also known as Days Sales of Inventory (DSI). Covista Communications's Average Total Inventories for the three months ended in Apr. 2005 was $0.00 Mil. Covista Communications's Cost of Goods Sold for the three months ended in Apr. 2005 was $6.03 Mil. Hence, Covista Communications's Days Inventory for the three months ended in Apr. 2005 was 0.00.

The historical rank and industry rank for Covista Communications's Days Inventory or its related term are showing as below:

CVST's Days Inventory is not ranked *
in the Telecommunication Services industry.
Industry Median: 18.49
* Ranked among companies with meaningful Days Inventory only.

Covista Communications's Days Inventory stayed the same from Apr. 2004 (0.00) to Apr. 2005 (0.00).

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

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. Covista Communications's Inventory-to-Revenue for the three months ended in Apr. 2005 was 0.00.

Covista Communications  (OTCPK:CVST) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Covista Communications's Inventory Turnover for the three months ended in Apr. 2005 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=6.031 / 0
=

2. 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.

Covista Communications's Inventory to Revenue for the three months ended in Apr. 2005 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 11.253
=0.00

* 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.

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.

Covista Communications Days Inventory Related Terms

Covista Communications Days Inventory Historical Data

* Premium members only.

The historical data trend for Covista Communications's Days 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.

Covista Communications Days Inventory Chart

Covista Communications Annual Data
Trend Jan96 Jan97 Jan98 Jan99 Jan00 Jan01 Jan02 Jan03 Jan04 Jan05
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Covista Communications Quarterly Data
Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05
Days 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

CVST vs FULO, TWER, DTGI: Days Inventory Comparison

For the Telecom Services subindustry, Covista Communications's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* 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. Note that "N/A" values will not show up in the chart.

Covista Communications Days Inventory vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Covista Communications's Days Inventory distribution charts can be found below:

* The bar in red indicates where Covista Communications's Days Inventory falls into.


Covista Communications Days Inventory Calculation

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

Covista Communications's Days Inventory for the fiscal year that ended in Jan. 2005 is calculated as

Days Inventory (A: Jan. 2005 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2004 ) + Total Inventories (A: Jan. 2005 )) / count ) / Cost of Goods Sold (A: Jan. 2005 )*Days in Period
=( (0 + 0) / 1 ) / 32.833*365
=0 / 32.833*365
=0.00

Covista Communications's Days Inventory for the quarter that ended in Apr. 2005 is calculated as:

Days Inventory (Q: Apr. 2005 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jan. 2005 ) + Total Inventories (Q: Apr. 2005 )) / count ) / Cost of Goods Sold (Q: Apr. 2005 )*Days in Period
=( (0 + 0) / 1 ) / 6.031*365 / 4
=0 / 6.031*365 / 4
=0.00

* 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 Days Inventory →
What does a Days Inventory of 0.00 mean?
Covista Communications (CVST) has a Days Inventory of 0.00 as of Apr. 2005. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Covista Communications and its competitors.
Is Covista Communications' Days Inventory too high?
Covista Communications' current Days Inventory is 0.00.
How does Covista Communications' Days Inventory compare to FULO and TWER?
Covista Communications' Days Inventory of 0.00 can be compared against companies in the Telecommunication Services industry. The industry median Days Inventory is 18.49. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Telecommunication Services company?
The median Days Inventory among Telecommunication Services companies is 18.49, based on 298 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days 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 Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Covista Communications and its competitors. For the Telecommunication Services industry, the median Days Inventory is 18.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Covista Communications's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covista Communications stock overvalued right now?
Covista Communications (CVST) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Covista Communications (CVST), the current Days Inventory is 0.00 as of Apr. 2005. 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.

Covista Communications Business Description

Address 735 Broad Street, Unit 306, Chattanooga, TN, USA, 37402
Covista Communications Inc is a telecommunication service provider. Its products and services include voice, data, and internet solutions, including local, long-distance, and toll-free services, calling card, frame relay, Internet access, & directory assistance.