SIGL (Signal Advance) Days Inventory: 0.00 (As of Dec. 2016)

What is Signal Advance Days Inventory?

Signal Advance SIGL -13.07% Days Inventory is 0.00 as of Dec. 2016.

Days Inventory is also known as Days Sales of Inventory (DSI). Signal Advance's Average Total Inventories for the three months ended in Dec. 2016 was $0.00 Mil. Signal Advance's Cost of Goods Sold for the three months ended in Dec. 2016 was $0.00 Mil.

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

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

Signal Advance's Days Inventory stayed the same from Dec. 2015 (0.00) to Dec. 2016 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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.

Signal Advance (OTCPK:SIGL) 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.

Signal Advance's Inventory Turnover for the three months ended in Dec. 2016 is calculated as

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

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.

Signal Advance's Inventory to Revenue for the three months ended in Dec. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=

* 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.

Signal Advance Days Inventory Related Terms

Signal Advance Days Inventory Historical Data

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The historical data trend for Signal Advance's Days Inventory can be seen below:

Signal Advance Days Inventory Chart

Signal Advance Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Days Inventory

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Signal Advance Quarterly Data
	Dec11	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
Days Inventory	Get a 7-Day Free Trial													0.00	0.00	0.00	0.00	0.00

SIGL vs DSGT, FLXT, GIGA: Days Inventory Comparison

For the Scientific & Technical Instruments subindustry, Signal Advance'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.

Signal Advance Days Inventory vs Hardware Industry

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

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

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Signal Advance Days Inventory Calculation

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

Signal Advance's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

	Days Inventory (A: Dec. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2016 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2016 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Signal Advance's Days Inventory for the quarter that ended in Dec. 2016 is calculated as:

	Days Inventory (Q: Dec. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2016 )	+	Total Inventories (Q: Dec. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2016 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 0.00 mean?

Signal Advance (SIGL) has a Days Inventory of 0.00 as of Dec. 2016. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Signal Advance and its competitors.

Is Signal Advance's Days Inventory too high?

Signal Advance's current Days Inventory is 0.00.

How does Signal Advance's Days Inventory compare to DSGT and FLXT?

Signal Advance's Days Inventory of 0.00 can be compared against companies in the Hardware industry. The industry median Days Inventory is 94.29. 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. 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 Signal Advance 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. Signal Advance's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Signal Advance stock overvalued right now?

Signal Advance (SIGL) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. 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 Signal Advance (SIGL), the current Days Inventory is 0.00 as of Dec. 2016. 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.

Signal Advance Business Description

Industry Technology Hardware

Comparable Companies DSGT XSAT:SEAL XSAT:ACOS XSAT:TRUE B XCNQ:TPS LSE:PIP ASX:SM8 BOM:532694 BOM:541151 FLXT LSE:RMS GIGA XPAR:ALTRA TSXV:JTC ROCO:3674 NSE:NITIRAJ TSX:XCT XPAR:ALOCA XCNQ:DVR NGM:SARS

Address 2520 County Road 81, Rosharon, TX, USA, 77583

Website https://www.signaladvance.com

Signal Advance Inc is an engineering product and procedure development and consulting firm developing applications for emerging technologies. The Company has experience in computer technology, distributed information systems, data acquisition and analysis systems, electronic technology development, biomedicine, intellectual property protection and regulatory requirements. The Company is focused on developing and implementing its proprietary signal advance technology that acts to reduce signal detection delay with potential applications in biomedicine, transportation, defense, communications, cyber-security and industrial control systems to be implemented through subsidiaries.