Optigenex (Optigenex) Days Inventory : 557.48 (As of Jun. 2008)

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What is Optigenex Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Optigenex's Average Total Inventories for the three months ended in Jun. 2008 was $0.39 Mil. Optigenex's Cost of Goods Sold for the three months ended in Jun. 2008 was $0.06 Mil. Hence, Optigenex's Days Inventory for the three months ended in Jun. 2008 was 557.48.

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

OPGX's Days Inventory is not ranked ^*
in the Medical Diagnostics & Research industry.
Industry Median: 69.88
* Ranked among companies with meaningful Days Inventory only.

Optigenex's Days Inventory declined from Jun. 2007 (3,044.59) to Jun. 2008 (557.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. Optigenex's Inventory Turnover for the three months ended in Jun. 2008 was 0.16.

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. Optigenex's Inventory-to-Revenue for the three months ended in Jun. 2008 was 2.14.

Optigenex Days Inventory Historical Data

The historical data trend for Optigenex'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.

Optigenex Days Inventory Chart

Optigenex Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Days Inventory

3,240.57

1,445.00

351.64

444.54

Optigenex Quarterly Data
	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08
Days Inventory	Get a 7-Day Free Trial											3,044.59	959.27	140.79	457.29	557.48

Competitive Comparison of Optigenex's Days Inventory

For the Diagnostics & Research subindustry, Optigenex'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.

Optigenex's Days Inventory Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Optigenex's Days Inventory distribution charts can be found below:

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

Optigenex Days Inventory Calculation

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

Optigenex's Days Inventory for the fiscal year that ended in Dec. 2007 is calculated as

	Days Inventory (A: Dec. 2007 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2006 )	+	Total Inventories (A: Dec. 2007 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2007 )	*	Days in Period
=	( (0.917	+	0.469)	/	2 )	/	0.569	*	365
=	0.693					/	0.569	*	365
=	444.54

Optigenex's Days Inventory for the quarter that ended in Jun. 2008 is calculated as:

	Days Inventory (Q: Jun. 2008 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2008 )	+	Total Inventories (Q: Jun. 2008 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2008 )	*	Days in Period
=	( (0.413	+	0.369)	/	2 )	/	0.064	*	365 / 4
=	0.391					/	0.064	*	365 / 4
=	557.48

Optigenex (OTCPK:OPGX) 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.

Optigenex's Inventory Turnover for the three months ended in Jun. 2008 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.064	/	0.391
	=	0.16

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.

Optigenex's Inventory to Revenue for the three months ended in Jun. 2008 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.391	/	0.183
	=	2.14

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.

Optigenex Days Inventory Related Terms

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

Optigenex (Optigenex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Optigenex Inc (OTCPK:OPGX) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

901 Sam Rayburn Highway, Melissa, TX, USA, 75454

Website

http://www.optigenex.com

Optigenex Inc is an applied sciences company dedicated to solutions for healthy age management. The company offers AC-11, a powdered and bioactive rainforest plant extract that helps the body to repair sun and environmental stress-related damage to DNA, and slow down the process of skin aging.

Executives

Richard S Serbin

director, 10 percent owner, officer: CEO, President & Secretary

750 LEXINGTON AVENUE, 6TH FLOOR, NEW YORK NY 10022

Optigenex (Optigenex) Headlines

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