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Remote Dynamics (Remote Dynamics) Days Inventory : 20.94 (As of Sep. 2009)


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What is Remote Dynamics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Remote Dynamics's Average Total Inventories for the three months ended in Sep. 2009 was $0.18 Mil. Remote Dynamics's Cost of Goods Sold for the three months ended in Sep. 2009 was $0.77 Mil. Hence, Remote Dynamics's Days Inventory for the three months ended in Sep. 2009 was 20.94.

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

RMTD's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 101.86
* Ranked among companies with meaningful Days Inventory only.

Remote Dynamics's Days Inventory declined from Sep. 2008 (35.92) to Sep. 2009 (20.94).

Inventory Turnover measures how fast the company turns over its inventory within a year. Remote Dynamics's Inventory Turnover for the three months ended in Sep. 2009 was 4.36.

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. Remote Dynamics's Inventory-to-Revenue for the three months ended in Sep. 2009 was 0.14.


Remote Dynamics Days Inventory Historical Data

The historical data trend for Remote Dynamics'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.

Remote Dynamics Days Inventory Chart

Remote Dynamics Annual Data
Trend Dec99 Dec00 Dec01 Aug02 Aug03 Aug04 Aug05 Aug06 Dec07 Dec08
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 347.07 32.61 46.88 53.68 28.74

Remote Dynamics Quarterly Data
Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 35.92 30.39 27.62 30.47 20.94

Competitive Comparison of Remote Dynamics's Days Inventory

For the Scientific & Technical Instruments subindustry, Remote Dynamics'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.


Remote Dynamics's Days Inventory Distribution in the Hardware Industry

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

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



Remote Dynamics Days Inventory Calculation

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

Remote Dynamics's Days Inventory for the fiscal year that ended in Dec. 2008 is calculated as

Days Inventory (A: Dec. 2008 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2007 ) + Total Inventories (A: Dec. 2008 )) / count ) / Cost of Goods Sold (A: Dec. 2008 )*Days in Period
=( (0.158 + 0.153) / 2 ) / 1.975*365
=0.1555 / 1.975*365
=28.74

Remote Dynamics's Days Inventory for the quarter that ended in Sep. 2009 is calculated as:

Days Inventory (Q: Sep. 2009 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2009 ) + Total Inventories (Q: Sep. 2009 )) / count ) / Cost of Goods Sold (Q: Sep. 2009 )*Days in Period
=( (0.205 + 0.148) / 2 ) / 0.769*365 / 4
=0.1765 / 0.769*365 / 4
=20.94

* 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.


Remote Dynamics  (OTCPK:RMTD) 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.

Remote Dynamics's Inventory Turnover for the three months ended in Sep. 2009 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.

Remote Dynamics's Inventory to Revenue for the three months ended in Sep. 2009 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.


Remote Dynamics Days Inventory Related Terms

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


Remote Dynamics (Remote Dynamics) Business Description

Traded in Other Exchanges
N/A
Address
200 Chisholm Place, Suite 120, Plano, TX, USA, 75075
Remote Dynamics Inc markets, sells and supports automatic vehicle location and mobile resource management solutions targeting companies that own and operate private vehicle fleets, construction equipment, unpowered assets and others.
Executives
Miller Lloyd I Iii other: Former 10% Owner
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081

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