ICTY (Eyecity.com) Days Inventory: 495.36 (As of Dec. 2001)


What is Eyecity.com Days Inventory?

Eyecity.com ICTY Days Inventory is 495.36 as of Dec. 2001.

Days Inventory is also known as Days Sales of Inventory (DSI). Eyecity.com's Average Total Inventories for the three months ended in Dec. 2001 was $0.08 Mil. Eyecity.com's Cost of Goods Sold for the three months ended in Dec. 2001 was $0.01 Mil. Hence, Eyecity.com's Days Inventory for the three months ended in Dec. 2001 was 495.36.

The historical rank and industry rank for Eyecity.com's Days Inventory or its related term are showing as below:

ICTY's Days Inventory is not ranked *
in the Diversified Financial Services industry.
Industry Median: 70.815
* Ranked among companies with meaningful Days Inventory only.

Eyecity.com's Days Inventory increased from Dec. 2000 (60.37) to Dec. 2001 (495.36). It might indicate that Eyecity.com's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eyecity.com's Inventory Turnover for the three months 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 three months ended in Dec. 2001 was 2.71.

Eyecity.com  (OTCPK:ICTY) 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.

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

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

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.

Eyecity.com's Inventory to Revenue for the three months 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.

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.

Eyecity.com Days Inventory Related Terms

Eyecity.com Days Inventory Historical Data

* Premium members only.

The historical data trend for Eyecity.com'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.

Eyecity.com Days Inventory Chart

Eyecity.com Annual Data
Trend Dec99 Dec00 Dec01
Days Inventory
127.05 81.74 776.13

Eyecity.com Quarterly Data
Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01
Days Inventory Get a 7-Day Free Trial Premium Member Only 60.37 597.69 282.88 309.01 495.36

ICTY vs NLSC, BOTH, SVAD: Days Inventory Comparison

For the Shell Companies subindustry, Eyecity.com'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.

Eyecity.com Days Inventory vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Eyecity.com's Days Inventory distribution charts can be found below:

* The bar in red indicates where Eyecity.com's Days Inventory falls into.


Eyecity.com Days Inventory Calculation

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 fiscal year that ended in Dec. 2001 is calculated as

Days Inventory (A: Dec. 2001 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2000 ) + Total Inventories (A: Dec. 2001 )) / count ) / Cost of Goods Sold (A: Dec. 2001 )*Days in Period
=( (0.311 + 0.076) / 2 ) / 0.091*365
=0.1935 / 0.091*365
=776.13

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

Days Inventory (Q: Dec. 2001 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2001 ) + Total Inventories (Q: Dec. 2001 )) / count ) / Cost of Goods Sold (Q: Dec. 2001 )*Days in Period
=( (0.076 + 0.076) / 2 ) / 0.014*365 / 4
=0.076 / 0.014*365 / 4
=495.36

* 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 495.36 mean?
Eyecity.com (ICTY) has a Days Inventory of 495.36 as of Dec. 2001. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Eyecity.com and its competitors.
Is Eyecity.com's Days Inventory too high?
Eyecity.com's current Days Inventory is 495.36. The Diversified Financial Services industry median Days Inventory is 70.82. Eyecity.com's value of 495.36 is 599.5% above this industry median.
How does Eyecity.com's Days Inventory compare to NLSC and BOTH?
Eyecity.com's Days Inventory of 495.36 can be compared against companies in the Diversified Financial Services industry. The industry median Days Inventory is 70.82. Eyecity.com's value of 495.36 is 599.5% above this benchmark. 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 Diversified Financial Services company?
The median Days Inventory among Diversified Financial Services companies is 70.82, based on 42 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. Eyecity.com's current Days Inventory of 495.36 is 599.5% above the industry median. 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 Eyecity.com and its competitors. For the Diversified Financial Services industry, the median Days Inventory is 70.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eyecity.com's current Days Inventory is 495.36. 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 Days Inventory of 495.36. The current Days Inventory is 495.36 and 599.5% above the Diversified Financial Services industry median of 70.82. 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 Eyecity.com (ICTY), the current Days Inventory is 495.36 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.