LICT (LICT) Change In Inventory : $0.0 Mil (TTM As of Dec. 2018)

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What is LICT Change In Inventory?

LICT's change in inventory for the quarter that ended in Dec. 2018 was $0.0 Mil. It means LICT's inventory stayed the same from Sep. 2018 to Dec. 2018 .

LICT's change in inventory for the fiscal year that ended in Dec. 2018 was $0.0 Mil. It means LICT's inventory stayed the same from Dec. 2017 to Dec. 2018 .

LICT's Total Inventories for the quarter that ended in Dec. 2018 was $4.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LICT's Days Inventory for the quarter that ended in Dec. 2018 was 36.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. LICT's Inventory Turnover for the quarter that ended in Dec. 2018 was 2.49.

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. LICT's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 0.17.

LICT Change In Inventory Historical Data

The historical data trend for LICT's Change In 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.

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LICT Change In Inventory Chart

LICT Annual Data

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Change In Inventory

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LICT Quarterly Data
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Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

LICT Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

LICT (OTCPK:LICT) Change In Inventory Explanation

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

LICT's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4.8995	/	12.213	*	365 / 4
	=	36.61

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

LICT's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12.213	/	4.8995
	=	2.49

3. 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.

LICT's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.8995	/	28.856
	=	0.17

LICT Change In Inventory Related Terms

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LICT (LICT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » LICT Corp (OTCPK:LICT) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

401 Theodore Fremd Avenue, Rye, NY, USA, 10580-1430

Website

https://www.lictcorp.com

LICT Corp is a United States-based integrated provider of broadband, voice and video services. It provides high speed broadband services, including internet access, through fiber optic facilities, copper-based digital subscriber lines, fixed wireless, and coax cable via cable modems. The Company also provides a number of other services, including video services through both traditional cable television services and internet protocol television services, Voice over Internet Protocol, wireless voice communications, and several related telecommunications services. On the voice side, the Company has traditionally operated as both a Rural Local Exchange Carrier and a Competitive Local Exchange Carrier.

Executives

Mario J Gabelli	director, 10 percent owner, officer: Chief Executive Officer	191 MASON STREET, GREENWICH CT 06830
Marc Gabelli	director, other: Resigned as director 5-6-04	401 THEODORE FREMD AVE, RYE NY 10580
Frederic V Salerno	director, other: Resigned as director on2-20-04	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Vincent S Tese	director, other: Resigned as director on2-20-04
Mjg Iv Limited Partnership	10 percent owner

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