OPST (OPT Sciences) Total Inventories: $1.07 Mil (As of Jul. 2015)


What is OPT Sciences Total Inventories?

OPT Sciences OPST +13.75% Total Inventories is $1.07 Mil as of Jul. 2015.

OPT Sciences's total inventories for the quarter that ended in Jul. 2015 was $1.07 Mil. OPT Sciences's average total inventories from the quarter that ended in Apr. 2015 to the quarter that ended in Jul. 2015 was $1.03 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. OPT Sciences's Net-Net Working Capital per share for the quarter that ended in Jul. 2015 was $17.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. OPT Sciences's Days Inventory for the three months ended in Jul. 2015 was 85.53.

Inventory Turnover measures how fast the company turns over its inventory within a year. OPT Sciences's Inventory Turnover for the quarter that ended in Jul. 2015 was 1.07.

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. OPT Sciences's Inventory-to-Revenue for the quarter that ended in Jul. 2015 was 0.52.

OPT Sciences  (OTCPK:OPST) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

OPT Sciences's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2015 is

Net-Net Working Capital Per Share (Q: Jul. 2015 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(12.335+0.75 * 1.387+0.5 * 1.069-0.669
-0-0)/0.776
=17.06

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

OPT Sciences's Days Inventory for the three months ended in Jul. 2015 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2015 )/Cost of Goods Sold (Q: Jul. 2015 )*Days in Period
=1.031/1.1*365 / 4
=85.53

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

OPT Sciences's Inventory Turnover for the quarter that ended in Jul. 2015 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2015 ) / Average Total Inventories (Q: Jul. 2015 )
=1.1 / 1.031
=1.07

4. 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.

OPT Sciences's Inventory to Revenue for the quarter that ended in Jul. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2015 ) / Revenue (Q: Jul. 2015 )
=1.031 / 1.975
=0.52

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

OPT Sciences Total Inventories Related Terms

OPT Sciences Total Inventories Historical Data

* Premium members only.

The historical data trend for OPT Sciences's Total Inventories 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.

OPT Sciences Total Inventories Chart

OPT Sciences Annual Data
Trend Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.76 0.65 0.96 0.86

OPT Sciences Quarterly Data
Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15
Total Inventories 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 0.92 0.86 0.77 0.99 1.07

OPT Sciences Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $1.07 Mil mean?
OPT Sciences (OPST) has a Total Inventories of $1.07 Mil as of Jul. 2015. The total amount of inventory as recorded on a company's balance sheet. View historical data for OPT Sciences and its competitors.
Is OPT Sciences' Total Inventories too high?
OPT Sciences' current Total Inventories is $1.07 Mil.
How does OPT Sciences' Total Inventories compare to SDEV and SIF?
OPT Sciences' Total Inventories of $1.07 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for an Aerospace & Defense company?
A good Total Inventories depends on the Aerospace & Defense industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for OPT Sciences and its competitors. OPT Sciences's current Total Inventories is $1.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OPT Sciences stock overvalued right now?
OPT Sciences (OPST) has a current Total Inventories of $1.07 Mil. The current Total Inventories is $1.07 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For OPT Sciences (OPST), the current Total Inventories is $1.07 Mil as of Jul. 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.

OPT Sciences Business Description

Address 1912 Bannard Street, Cinnaminson, NJ, USA, 08077
OPT Sciences Corp through its operating subsidiary O & S Research, manufactures precision optical components for the Aerospace Industry. It provides anti-glare optical coatings, panels for liquid crystal displays ("LCD"), LCD glass heaters, and electromagnetic interference shielding glass. In addition, it also offers glass cutting, grinding, and painting services. Geographically, the activities are performed in the United States and it derives revenue from product sales when products are shipped to customers.