The historical rank and industry rank for Optex Systems Holdings's Days Inventory or its related term are showing as below:
OPXS'
s Days Inventory Range Over the Past 10 Years
Min: 152.99 Med: 179.79 Max: 279.43
Current: 205.81
During the past 13 years, Optex Systems Holdings's highest Days Inventory was 279.43. The lowest was 152.99. And the median was 179.79.
OPXS's Days Inventory is ranked worse than 66.32% of 288
companies
in the Aerospace & Defense industry
Industry Median: 139.24
vs OPXS: 205.81
Optex Systems Holdings's Days Inventory
declined
from Dec. 2022 (274.74) to Dec. 2023 (214.47).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Optex Systems Holdings's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.43.
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.
Optex Systems Holdings's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.78.
Optex Systems Holdings Days Inventory Historical Data
The historical data trend for Optex Systems 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.
Competitive Comparison of Optex Systems Holdings's Days Inventory
For the Aerospace & Defense subindustry, Optex Systems 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.
Optex Systems Holdings's Days Inventory Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Optex Systems Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where Optex Systems Holdings's Days Inventory falls into.
Optex Systems Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Optex Systems Holdings's Days Inventory for the fiscal year that ended in Sep. 2023 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.
Optex Systems Holdings (NAS:OPXS) 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.
Optex Systems Holdings's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Optex Systems Holdings's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
Optex Systems Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of Optex Systems Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Optex Systems Holdings (Optex Systems Holdings) Business Description
Optex Systems Holdings Inc manufactures optical sighting systems and assemblies for the U.S. Department of Defense, foreign military applications, and commercial markets. Its products are installed on a variety of United States military land vehicles, such as the Abrams and Bradley fighting vehicles, and light armored and security vehicles, and have been selected for installation on the Stryker family of vehicles. The company's operating segment includes Optex Richardson and Applied Optics Center Dallas. It generates maximum revenue from the Applied Optics Center Dallas segment. Some of its products include M17 Day/Thermal Periscope; DDAN / M36 Sights; Laser Protected Periscopes; Muzzle Reference Sensor and others.
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