Frequency Electronics Inc

NASDAQ FEIM

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Frequency Electronics Inc Days in Inventory 5 year CAGR for the Trailing 12 Months (TTM) ending January 31, 2024: -29.02%

Frequency Electronics Inc Days in Inventory 5 year CAGR is -29.02% for the Trailing 12 Months (TTM) ending January 31, 2024, a -407.28% change year over year. The days in inventory ratio measures the average number of days it takes for a company to sell its inventory. It is calculated by dividing 365 by the ratio of cost of revenue to the average of inventory and other current assets. This ratio indicates the efficiency of inventory management and the company's ability to convert inventory into sales within a specific period. A lower number of days in inventory is generally preferable. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Frequency Electronics Inc Days in Inventory for the Trailing 12 Months (TTM) ending January 31, 2023 was 444.26, a 0.10% change year over year.
Frequency Electronics Inc Days in Inventory for the Trailing 12 Months (TTM) ending January 31, 2022 was 443.82, a -7.30% change year over year.
Frequency Electronics Inc Days in Inventory for the Trailing 12 Months (TTM) ending January 31, 2021 was 478.76, a -13.19% change year over year.
Frequency Electronics Inc Days in Inventory for the Trailing 12 Months (TTM) ending January 31, 2020 was 551.48, a -19.01% change year over year.

NASDAQ: FEIM

Frequency Electronics Inc

CEO	Dr. Thomas McClelland
IPO Date	Sept. 1, 1983
Location	United States
Headquarters	55 Charles Lindbergh Boulevard, Mitchel Field, NY, United States, 11553
Employees	187
Sector	Technology
Industry	Communication equipment

Description

Frequency Electronics, Inc., together with its subsidiaries, engages in designing, development, and manufacturing of precision time and frequency control products and components for microwave integrated circuit applications. It operates through two segments, FEI-NY and FEI-Zyfer. The FEI-NY segment offers precision time and frequency control products for communication satellites, terrestrial cellular telephone or other ground-based telecommunication stations; and other components and systems for the U.S. military; and provides design and technical support for satellite business. FEI-Zyfer segment offers global positioning system technologies to systems and subsystems for secure communications, both government and commercial, and other locator applications; and engages in sale and support of wireline telecommunications products, including US5G. It markets its products directly and through independent sales representative organizations located in the United States, Europe, and Asia. Frequency Electronics, Inc. was founded in 1961 and is headquartered in Mitchel Field, New York.

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