IOMT (Isomet) Days Inventory: 588.93 (As of Sep. 2002)


What is Isomet Days Inventory?

Isomet IOMT Days Inventory is 588.93 as of Sep. 2002.

Days Inventory is also known as Days Sales of Inventory (DSI). Isomet's Average Total Inventories for the three months ended in Sep. 2002 was $4.36 Mil. Isomet's Cost of Goods Sold for the three months ended in Sep. 2002 was $0.68 Mil. Hence, Isomet's Days Inventory for the three months ended in Sep. 2002 was 588.93.

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

IOMT's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 94.29
* Ranked among companies with meaningful Days Inventory only.

Isomet's Days Inventory increased from Sep. 2001 (501.68) to Sep. 2002 (588.93). It might indicate that Isomet's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Isomet's Inventory Turnover for the three months ended in Sep. 2002 was 0.15.

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. Isomet's Inventory-to-Revenue for the three months ended in Sep. 2002 was 4.47.

Isomet  (OTCPK:IOMT) 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.

Isomet's Inventory Turnover for the three months ended in Sep. 2002 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.675 / 4.3565
=0.15

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.

Isomet's Inventory to Revenue for the three months ended in Sep. 2002 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=4.3565 / 0.975
=4.47

* 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.

Isomet Days Inventory Related Terms

Isomet Days Inventory Historical Data

* Premium members only.

The historical data trend for Isomet'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.

Isomet Days Inventory Chart

Isomet Annual Data
Trend Dec92 Dec93 Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 249.18 211.11 372.45 279.09 415.79

Isomet Quarterly Data
Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02
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 501.68 684.20 579.49 525.35 588.93

IOMT vs CRGS, EMRN, IMLE: Days Inventory Comparison

For the Scientific & Technical Instruments subindustry, Isomet'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.

Isomet Days Inventory vs Hardware Industry

For the Hardware industry and Technology sector, Isomet's Days Inventory distribution charts can be found below:

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


Isomet Days Inventory Calculation

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

Isomet'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
=( (3.867 + 4.123) / 2 ) / 3.507*365
=3.995 / 3.507*365
=415.79

Isomet's Days Inventory for the quarter that ended in Sep. 2002 is calculated as:

Days Inventory (Q: Sep. 2002 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2002 ) + Total Inventories (Q: Sep. 2002 )) / count ) / Cost of Goods Sold (Q: Sep. 2002 )*Days in Period
=( (4.346 + 4.367) / 2 ) / 0.675*365 / 4
=4.3565 / 0.675*365 / 4
=588.93

* 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 588.93 mean?
Isomet (IOMT) has a Days Inventory of 588.93 as of Sep. 2002. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Isomet and its competitors.
Is Isomet's Days Inventory too high?
Isomet's current Days Inventory is 588.93. The Hardware industry median Days Inventory is 94.29. Isomet's value of 588.93 is 524.6% above this industry median.
How does Isomet's Days Inventory compare to CRGS and EMRN?
Isomet's Days Inventory of 588.93 can be compared against companies in the Hardware industry. The industry median Days Inventory is 94.29. Isomet's value of 588.93 is 524.6% 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 Hardware company?
The median Days Inventory among Hardware companies is 94.29, based on 2,413 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. Isomet's current Days Inventory of 588.93 is 524.6% 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 Isomet and its competitors. For the Hardware industry, the median Days Inventory is 94.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Isomet's current Days Inventory is 588.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Isomet stock overvalued right now?
Isomet (IOMT) has a current Days Inventory of 588.93. The current Days Inventory is 588.93 and 524.6% above the Hardware industry median of 94.29. 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 Isomet (IOMT), the current Days Inventory is 588.93 as of Sep. 2002. 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.

Isomet Business Description

Address 5263 Port Royal Road, P.O. Box 1634, Springfield, VA, USA, 22151-0634
Isomet Corp is a United States-based company engaged in the design, development, and manufacture of acousto-optic devices, RF electronics, and optical sub-systems. Its special devices include a High-resolution XY deflector, Variable bandwidth tuneable filter, Dual-beam modulator, Compact single package integrated AO modulator with RF driver, and AO modulator with RF driver, among others. The group has an international business presence.