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

What is Meganet Days Inventory?

Meganet MGNT +1.76% Days Inventory is 0.00 as of Jun. 2017.

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: 25.09
* 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 (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
	=

* 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.

Meganet Days Inventory Related Terms

Meganet Days Inventory Historical Data

* Premium members only.

The historical data trend for Meganet's Days Inventory can be seen below:

Meganet Days Inventory Chart

Meganet Annual Data

Trend

Mar15

Mar16

Mar17

Days Inventory

0.00

Meganet Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Days Inventory	Get a 7-Day Free Trial						0.00	0.00	0.00	0.00	0.00

MGNT vs HDVW, UUU, CSAX: Days Inventory Comparison

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 Days Inventory vs 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.

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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

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 0.00 mean?

Meganet (MGNT) has a Days Inventory of 0.00 as of Jun. 2017. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Meganet and its competitors.

Is Meganet's Days Inventory too high?

Meganet's current Days Inventory is 0.00.

How does Meganet's Days Inventory compare to HDVW and UUU?

Meganet's Days Inventory of 0.00 can be compared against companies in the Business Services industry. The industry median Days Inventory is 25.09. 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 Business Services company?

The median Days Inventory among Business Services companies is 25.09, based on 673 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 Meganet and its competitors. For the Business Services industry, the median Days Inventory is 25.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meganet'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 Meganet stock overvalued right now?

Meganet (MGNT) 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 Meganet (MGNT), the current Days Inventory is 0.00 as of Jun. 2017. 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.

Meganet Business Description

Industry Industrials Business Services

Comparable Companies BOM:517393 XSAT:VSEC XSAT:CSEC BOM:531370 HDVW BUD:ORMESTER XSAT:SAFE XKRX:091270 ASX:KKL ASX:MSG OSTO:CONF BOM:509015 IST:SNKRN BOM:536672 UUU CSAX ASX:DDT WAR:GWR LSE:NWT HCGS

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.