SPEC (Spectaire Holdings) Days Inventory: 0.00 (As of Jun. 2024)


What is Spectaire Holdings Days Inventory?

Spectaire Holdings SPEC Days Inventory is 0.00 as of Jun. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Spectaire Holdings's Average Total Inventories for the three months ended in Jun. 2024 was $0.16 Mil. Spectaire Holdings's Cost of Goods Sold for the three months ended in Jun. 2024 was $0.00 Mil.

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

SPEC's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 119.325
* Ranked among companies with meaningful Days Inventory only.

Spectaire Holdings's Days Inventory stayed the same from Jun. 2023 (0.00) to Jun. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Spectaire Holdings's Inventory Turnover for the three months ended in Jun. 2024 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.

Spectaire Holdings  (OTCPK:SPEC) 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.

Spectaire Holdings's Inventory Turnover for the three months ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0 / 0.164
=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.

Spectaire Holdings's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.164 / 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.

Spectaire Holdings Days Inventory Related Terms

Spectaire Holdings Days Inventory Historical Data

* Premium members only.

The historical data trend for Spectaire Holdings'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.

Spectaire Holdings Days Inventory Chart

Spectaire Holdings Annual Data
Trend Dec21 Dec22 Dec23
Days Inventory
0.00 0.00 0.00

Spectaire Holdings Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Days Inventory Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

SPEC vs VLTO, FSS, ZWS: Days Inventory Comparison

For the Pollution & Treatment Controls subindustry, Spectaire Holdings'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.

Spectaire Holdings Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Spectaire Holdings's Days Inventory distribution charts can be found below:

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


Spectaire Holdings Days Inventory Calculation

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

Spectaire Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0.243) / 1 ) / 0*365
=0.243 / 0*365
=N/A

Spectaire Holdings's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0.164 + 0.164) / 2 ) / 0*365 / 4
=0.164 / 0*365 / 4
=N/A

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 0.00 mean?
Spectaire Holdings (SPEC) has a Days Inventory of 0.00 as of Jun. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Spectaire Holdings and its competitors.
Is Spectaire Holdings' Days Inventory too high?
Spectaire Holdings' current Days Inventory is 0.00.
How does Spectaire Holdings' Days Inventory compare to VLTO and FSS?
Spectaire Holdings' Days Inventory of 0.00 can be compared against companies in the Industrial Products industry. The industry median Days Inventory is 119.33. 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.33, based on 2,972 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 Spectaire Holdings and its competitors. For the Industrial Products industry, the median Days Inventory is 119.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spectaire Holdings'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 Spectaire Holdings stock overvalued right now?
Spectaire Holdings (SPEC) 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 Spectaire Holdings (SPEC), the current Days Inventory is 0.00 as of Jun. 2024. 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.

Spectaire Holdings Business Description

Address 19 Coolidge Hill Road, Watertown, MA, USA, 02472
Spectaire Holdings Inc is an industrial technology company that allows its customers to measure, manage, and reduce carbon dioxide equivalent and other greenhouse gas emissions. Spectaire's core product offering, AireCore is a fully integrated hardware, software, and data platform.