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Lightwave Logic (Lightwave Logic) Days Inventory : 0.00 (As of Mar. 2024)


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What is Lightwave Logic Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lightwave Logic's Average Total Inventories for the three months ended in Mar. 2024 was $0.00 Mil. Lightwave Logic's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil. Hence, Lightwave Logic's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

LWLG's Days Inventory is not ranked *
in the Chemicals industry.
Industry Median: 82.5
* Ranked among companies with meaningful Days Inventory only.

Lightwave Logic's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

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

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. Lightwave Logic's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


Lightwave Logic Days Inventory Historical Data

The historical data trend for Lightwave Logic'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.

Lightwave Logic Days Inventory Chart

Lightwave Logic Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Lightwave Logic Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Lightwave Logic's Days Inventory

For the Specialty Chemicals subindustry, Lightwave Logic'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.


Lightwave Logic's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lightwave Logic's Days Inventory distribution charts can be found below:

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



Lightwave Logic Days Inventory Calculation

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

Lightwave Logic'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) / 1 ) / 0.003*365
=0 / 0.003*365
=0.00

Lightwave Logic's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.005*365 / 4
=0 / 0.005*365 / 4
=0.00

* 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.


Lightwave Logic  (NAS:LWLG) 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.

Lightwave Logic's Inventory Turnover for the three months ended in Mar. 2024 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.

Lightwave Logic's Inventory to Revenue for the three months ended in Mar. 2024 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.


Lightwave Logic Days Inventory Related Terms

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


Lightwave Logic (Lightwave Logic) Business Description

Traded in Other Exchanges
N/A
Address
369 Inverness Parkway, Suite 350, Englewood, CO, USA, 80112
Lightwave Logic Inc is a United States-based development stage company moving toward commercialization of next-generation electro-optic photonic devices made on its P2IC technology platform which uses in-house proprietary high-activity and high-stability organic polymers. Electro-optical devices convert data from electric signals into optical signals for multiple applications. It designs and synthesizes organic chromophores for use in its own proprietary electro-optic polymer systems and photonic device designs.
Executives
Frederick J Leonberger director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Ronald A Bucchi director C/O FIRST CONNECTICUT BANCORP, INC., ONE FARM GLEN BOULEVARD, FARMINGTON CT 06032
Laila Partridge director 78 BLANCHARD ROAD, BURLINGTON MA 01803
Siraj Nour El-ahmadi director 4331 WOODCREST LANE, DALLAS TX 75206
Michael Stephen Lebby director 680 MISSION STREET, 24F, SAN FRANCISCO CA 94105
Craig Ciesla director 369 INVERNESS PARKWAY, SUITE 350, ENGLEWOOD CO 80112
Thomas Edward Zelibor director 1831 LEFTHAND CIRCLE, SUITE C, LONGMONT CO 80501
George Lauro director 110 KENSINGTON DRIVE, SARATOGA CA 02021
Louis Charles Glasgow officer: Chief Technology Officer 1693 YARDLEY DRIVE, WEST CHESTER PA 19380
Joseph A Miller director ONE RIVERFRONT PLZ, CORNING NY 14831
Goetz Frederick J Jr director, 10 percent owner, officer: President 121 CONTINENTAL DRIVE, SUITE 110, NEWARK DE 19713
Phillips W Smith director, officer: Chair of Board of Directors 7860 EAST MCCLAIN DRIVE, SUITE 2, SCOTTSDALE AZ 85260-1627
Thomas P Smith director 7860 EAST MCCLAIN DRIVE SUITE E, SCOTTSDALE AZ 85260-1627
James S. Marcelli director, officer: Chief Executive Officer 1831 LEFTHAND CIRCLE, SUITE C, LONGMONT CO 80501
Ross W. Fasick director 121 CONTINENTAL DRIVE, SUITE 110, NEWARK DE 19713