Optec International (Optec International) Days Inventory : 0.00 (As of Dec. 2018)

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What is Optec International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Optec International's Average Total Inventories for the three months ended in Dec. 2018 was $0.08 Mil. Optec International's Cost of Goods Sold for the three months ended in Dec. 2018 was $0.00 Mil.

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

OPTI's Days Inventory is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 81.39
* Ranked among companies with meaningful Days Inventory only.

Optec International's Days Inventory stayed the same from Dec. 2017 (0.00) to Dec. 2018 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Optec International's Inventory Turnover for the three months ended in Dec. 2018 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.

Optec International Days Inventory Historical Data

The historical data trend for Optec International'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.

Optec International Days Inventory Chart

Optec International Annual Data

Trend

Jun15

Jun16

Jun17

Days Inventory

Optec International Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Days Inventory	Get a 7-Day Free Trial												-	-	-	1,893.44	-

Competitive Comparison of Optec International's Days Inventory

For the Auto Parts subindustry, Optec International'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.

Optec International's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Optec International's Days Inventory distribution charts can be found below:

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

Optec International Days Inventory Calculation

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

Optec International's Days Inventory for the fiscal year that ended in Jun. 2017 is calculated as

	Days Inventory (A: Jun. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2016 )	+	Total Inventories (A: Jun. 2017 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2017 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.007	*	365
=	0					/	0.007	*	365
=	0.00

Optec International's Days Inventory for the quarter that ended in Dec. 2018 is calculated as:

	Days Inventory (Q: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2018 )	+	Total Inventories (Q: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2018 )	*	Days in Period
=	( (0.081	+	0.081)	/	2 )	/	0	*	365 / 4
=	0.081					/	0	*	365 / 4
=	N/A

Optec International (OTCPK:OPTI) 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.

Optec International's Inventory Turnover for the three months ended in Dec. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0.081
	=	0.00

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.

Optec International's Inventory to Revenue for the three months ended in Dec. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.081	/	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.

Optec International Days Inventory Related Terms

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

Optec International (Optec International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Optec International Inc (OTCPK:OPTI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1385 Park Center Drive, Vista, CA, USA, 92081

Website

https://www.optecintl.com

Optec International Inc is a provider of green technologies for continued reduction of fossil fuel usage, pollution and greenhouse gas emissions. It is engaged in the distribution of Green technologies, the OPTEC Fuel Maximizer and the OPTEC Led Solar lighting systems. The company is also involved in the distribution of Optec UV-C technology Solutions, PPE and related healthcare products. Its OPTEC Fuel Maximizer products is a patented plug-in-play aftermarket automotive device.