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LICT (LICT) Days Inventory : 36.61 (As of Dec. 2018)


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What is LICT Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). LICT's Average Total Inventories for the three months ended in Dec. 2018 was $4.9 Mil. LICT's Cost of Goods Sold for the three months ended in Dec. 2018 was $12.2 Mil. Hence, LICT's Days Inventory for the three months ended in Dec. 2018 was 36.61.

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

LICT's Days Inventory is not ranked *
in the Telecommunication Services industry.
Industry Median: 19.215
* Ranked among companies with meaningful Days Inventory only.

LICT's Days Inventory increased from Dec. 2017 (32.51) to Dec. 2018 (36.61). It might indicate that LICT's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. LICT's Inventory Turnover for the three months 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 three months ended in Dec. 2018 was 0.17.


LICT Days Inventory Historical Data

The historical data trend for LICT'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.

LICT Days Inventory Chart

LICT Annual Data
Trend Dec06 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.16 28.34 28.31 30.35 33.65

LICT Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 32.51 33.28 34.49 37.16 36.61

Competitive Comparison of LICT's Days Inventory

For the Telecom Services subindustry, LICT'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.


LICT's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, LICT's Days Inventory distribution charts can be found below:

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



LICT Days Inventory Calculation

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

LICT's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

Days Inventory (A: Dec. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (4.205 + 4.735) / 2 ) / 48.48*365
=4.47 / 48.48*365
=33.65

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

Days Inventory (Q: Dec. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2018 ) + Total Inventories (Q: Dec. 2018 )) / count ) / Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=( (5.064 + 4.735) / 2 ) / 12.213*365 / 4
=4.8995 / 12.213*365 / 4
=36.61

* 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.


LICT  (OTCPK:LICT) 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.

LICT's Inventory Turnover for the three months ended in Dec. 2018 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.

LICT's Inventory to Revenue for the three months ended in Dec. 2018 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.


LICT Days Inventory Related Terms

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


LICT (LICT) Business Description

Traded in Other Exchanges
N/A
Address
401 Theodore Fremd Avenue, Rye, NY, USA, 10580-1430
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

LICT (LICT) Headlines

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