RITT (RIT Technologies) Days Inventory: 131.89 (As of Sep. 2015)

What is RIT Technologies Days Inventory?

RIT Technologies RITT Days Inventory is 131.89 as of Sep. 2015.

Days Inventory is also known as Days Sales of Inventory (DSI). RIT Technologies's Average Total Inventories for the three months ended in Sep. 2015 was $3.34 Mil. RIT Technologies's Cost of Goods Sold for the three months ended in Sep. 2015 was $2.31 Mil. Hence, RIT Technologies's Days Inventory for the three months ended in Sep. 2015 was 131.89.

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

RITT's Days Inventory is not ranked ^*
in the Hardware industry.
Industry Median: 94.29
* Ranked among companies with meaningful Days Inventory only.

RIT Technologies's Days Inventory declined from Sep. 2014 (332.49) to Sep. 2015 (131.89).

Inventory Turnover measures how fast the company turns over its inventory within a year. RIT Technologies's Inventory Turnover for the three months ended in Sep. 2015 was 0.69.

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. RIT Technologies's Inventory-to-Revenue for the three months ended in Sep. 2015 was 0.77.

RIT Technologies (OTCPK:RITT) 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.

RIT Technologies's Inventory Turnover for the three months ended in Sep. 2015 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.314	/	3.3445
	=	0.69

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.

RIT Technologies's Inventory to Revenue for the three months ended in Sep. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.3445	/	4.322
	=	0.77

* 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.

RIT Technologies Days Inventory Related Terms

RIT Technologies Days Inventory Historical Data

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

RIT Technologies Days Inventory Chart

RIT Technologies Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Days Inventory

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192.49

172.75

184.39

162.59

255.13

RIT Technologies Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Days Inventory	Get a 7-Day Free Trial															332.49	212.30	171.06	130.09	131.89

RITT vs OSAT, GTXO, DGDM: Days Inventory Comparison

For the Communication Equipment subindustry, RIT Technologies'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.

RIT Technologies Days Inventory vs Hardware Industry

For the Hardware industry and Technology sector, RIT Technologies's Days Inventory distribution charts can be found below:

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

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RIT Technologies Days Inventory Calculation

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

RIT Technologies's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

	Days Inventory (A: Dec. 2014 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2013 )	+	Total Inventories (A: Dec. 2014 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2014 )	*	Days in Period
=	( (3.647	+	3.617)	/	2 )	/	5.196	*	365
=	3.632					/	5.196	*	365
=	255.13

RIT Technologies's Days Inventory for the quarter that ended in Sep. 2015 is calculated as:

	Days Inventory (Q: Sep. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2015 )	+	Total Inventories (Q: Sep. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2015 )	*	Days in Period
=	( (3.495	+	3.194)	/	2 )	/	2.314	*	365 / 4
=	3.3445					/	2.314	*	365 / 4
=	131.89

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 131.89 mean?

RIT Technologies (RITT) has a Days Inventory of 131.89 as of Sep. 2015. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on RIT Technologies and its competitors.

Is RIT Technologies' Days Inventory too high?

RIT Technologies' current Days Inventory is 131.89. The Hardware industry median Days Inventory is 94.29. RIT Technologies' value of 131.89 is 39.9% above this industry median.

How does RIT Technologies' Days Inventory compare to OSAT and GTXO?

RIT Technologies' Days Inventory of 131.89 can be compared against companies in the Hardware industry. The industry median Days Inventory is 94.29. RIT Technologies' value of 131.89 is 39.9% above this benchmark. 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 Hardware company?

The median Days Inventory among Hardware companies is 94.29, based on 2,415 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. RIT Technologies's current Days Inventory of 131.89 is 39.9% above the industry median. 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 RIT Technologies and its competitors. For the Hardware industry, the median Days Inventory is 94.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RIT Technologies's current Days Inventory is 131.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is RIT Technologies stock overvalued right now?

RIT Technologies (RITT) has a current Days Inventory of 131.89. The current Days Inventory is 131.89 and 39.9% above the Hardware industry median of 94.29. 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 RIT Technologies (RITT), the current Days Inventory is 131.89 as of Sep. 2015. 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.

RIT Technologies Business Description

Industry Technology Hardware

Comparable Companies TSXV:VTI OSAT GTXO BOM:531158 BOM:590041 NSE:TNTELE BOM:517411 DGDM MFCO XSAT:OPT XPAR:AVT TSXV:TTZ BOM:526775 AWSM ELST BOM:500346 WAR:CCS XSAT:EXALT ABIL TSXV:NVI

Address 24 Raoul Wallenberg Street, Tel Aviv, ISR, 69719

Website http://www.rittech.com

RIT Technologies Ltd provides Intelligent Infrastructure Management solutions and develops indoor optical wireless technology solutions. The company's products include PatchView that provides security and network utilization for data centers, communication rooms and work space environments; and Beamcaster that provides IWON technology solutions mainly for open-space offices. Its Intelligent Infrastructure Management solutions are deployed in various organizations including data centers in the private sector, government agencies, financial institutions, airport authorities, healthcare and education institutions.