Meganet (Meganet) Days Inventory : 0.00 (As of Jun. 2017)

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What is Meganet Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Meganet's Average Total Inventories for the three months ended in Jun. 2017 was $0.00 Mil. Meganet's Cost of Goods Sold for the three months ended in Jun. 2017 was $0.00 Mil.

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

MGNT's Days Inventory is not ranked ^*
in the Business Services industry.
Industry Median: 29.685
* Ranked among companies with meaningful Days Inventory only.

Meganet's Days Inventory stayed the same from Jun. 2016 (0.00) to Jun. 2017 (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.

Meganet Days Inventory Historical Data

The historical data trend for Meganet'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.

* Premium members only.

Meganet Days Inventory Chart

Meganet Annual Data

Trend

Mar15

Mar16

Mar17

Days Inventory

Meganet Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Days Inventory	Get a 7-Day Free Trial						-	-	-	-	-

Competitive Comparison of Meganet's Days Inventory

For the Security & Protection Services subindustry, Meganet'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.

Meganet's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Meganet's Days Inventory distribution charts can be found below:

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

Meganet Days Inventory Calculation

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

Meganet's Days Inventory for the fiscal year that ended in Mar. 2017 is calculated as

	Days Inventory (A: Mar. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2016 )	+	Total Inventories (A: Mar. 2017 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2017 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Meganet's Days Inventory for the quarter that ended in Jun. 2017 is calculated as:

	Days Inventory (Q: Jun. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2017 )	+	Total Inventories (Q: Jun. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2017 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Meganet (OTCPK:MGNT) 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.

Meganet's Inventory Turnover for the three months ended in Jun. 2017 is calculated as

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

Meganet's Inventory to Revenue for the three months ended in Jun. 2017 is calculated as

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

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.

Meganet Days Inventory Related Terms

Thank you for viewing the detailed overview of Meganet's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Meganet (Meganet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Meganet Corp (OTCPK:MGNT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2510 East Sunset Road, Unit 5-777, Las Vegas, NV, USA, 89120

Website

http://www.meganet.com

Meganet Corp is focused on the development of data security solutions for enterprises, organizations, and corporations around the globe, including the United States Department of Defense, Military Intelligence, and the Federal Government. The company's data security solutions include an encryption algorithm. It out-sources the manufacture of its counter-IED products, including bomb jammers, dismounted backpack portable jammers, and facility jammers. The company also develops and sells cell phones, satellites, and wireless interceptors. Other data security solutions include encrypted cell phones, landlines, faxes, radios, and satellites.