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Micro Imaging Technology (Micro Imaging Technology) Days Inventory : 0.00 (As of Jul. 2014)


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What is Micro Imaging Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Micro Imaging Technology's Average Total Inventories for the three months ended in Jul. 2014 was $0.07 Mil. Micro Imaging Technology's Cost of Goods Sold for the three months ended in Jul. 2014 was $0.00 Mil.

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

MMTC's Days Inventory is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 193.905
* Ranked among companies with meaningful Days Inventory only.

Micro Imaging Technology's Days Inventory stayed the same from Jul. 2013 (0.00) to Jul. 2014 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Micro Imaging Technology's Inventory Turnover for the three months ended in Jul. 2014 was 0.00.

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.


Micro Imaging Technology Days Inventory Historical Data

The historical data trend for Micro Imaging Technology'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.

Micro Imaging Technology Days Inventory Chart

Micro Imaging Technology Annual Data
Trend Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,135.68 - - - -

Micro Imaging Technology Quarterly Data
Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14
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 - - - - -

Competitive Comparison of Micro Imaging Technology's Days Inventory

For the Medical Devices subindustry, Micro Imaging Technology'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.


Micro Imaging Technology's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Micro Imaging Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Micro Imaging Technology's Days Inventory falls into.



Micro Imaging Technology Days Inventory Calculation

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

Micro Imaging Technology's Days Inventory for the fiscal year that ended in Oct. 2013 is calculated as

Days Inventory (A: Oct. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2012 ) + Total Inventories (A: Oct. 2013 )) / count ) / Cost of Goods Sold (A: Oct. 2013 )*Days in Period
=( (0.026 + 0.067) / 2 ) / 0*365
=0.0465 / 0*365
=N/A

Micro Imaging Technology's Days Inventory for the quarter that ended in Jul. 2014 is calculated as:

Days Inventory (Q: Jul. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Apr. 2014 ) + Total Inventories (Q: Jul. 2014 )) / count ) / Cost of Goods Sold (Q: Jul. 2014 )*Days in Period
=( (0.067 + 0.067) / 2 ) / 0*365 / 4
=0.067 / 0*365 / 4
=N/A

* 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.


Micro Imaging Technology  (OTCPK:MMTC) 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.

Micro Imaging Technology's Inventory Turnover for the three months ended in Jul. 2014 is calculated as

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.

Micro Imaging Technology's Inventory to Revenue for the three months ended in Jul. 2014 is calculated as

* 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.


Micro Imaging Technology Days Inventory Related Terms

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


Micro Imaging Technology (Micro Imaging Technology) Business Description

Traded in Other Exchanges
N/A
Address
970 Calle Amanecer, Suite F, San Clemente, CA, USA, 92673
Micro Imaging Technology Inc (MIT) is an engaged in developing and manufacturing of laser-based microbial identification system. The device uses the principles of light scattering to discriminate various bacteria cells that are suspended in filtered water. Its MIT 1000 product features 35 photodetectors that surround the sample vial and collect light scattering intensities that are generated when a cell intersects the laser beam.
Executives
Anthony M Frank other: 5% owner

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