Luna Innovations Incorporated

NASDAQ LUNA

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Luna Innovations Incorporated Days in Inventory 5 year CAGR for the year ending December 31, 2022: 26.76%

Luna Innovations Incorporated Days in Inventory 5 year CAGR is 26.76% for the year ending December 31, 2022, a 19.79% 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.
  • Luna Innovations Incorporated Days in Inventory for the year ending December 31, 2022 was 173.63, a 30.14% change year over year.
  • Luna Innovations Incorporated Days in Inventory for the year ending December 31, 2021 was 133.41, a 5.32% change year over year.
  • Luna Innovations Incorporated Days in Inventory for the year ending December 31, 2020 was 126.67, a 111.77% change year over year.
  • Luna Innovations Incorporated Days in Inventory for the year ending December 31, 2019 was 59.82, a -1.45% change year over year.
NASDAQ: LUNA

Luna Innovations Incorporated

CEO Mr. Scott A. Graeff
IPO Date June 2, 2006
Location United States
Headquarters 301 1st Street, SW, Roanoke, VA, United States, 24011
Employees 337
Sector Technology
Industry Scientific & technical instruments
Description

Luna Innovations Incorporated provides fiber optic test, measurement, and control products worldwide. The company offers test and measurement equipment for fiber optic components and sub-assemblies; polarization control products, including components, modules, and instruments to measure, manage, and control polarization and group delay in fiber optic networks; tunable lasers; and single frequency lasers. It also provides ODiSI sensing solution, which provides distributed strain and temperature measurements; distributed temperature sensing system; hyperion sensing products; Terahertz Sensing Systems that provide precise single and multi-layer thickness, density, basis weight, and caliper thickness measurements; and distributed acoustic sensing products. The company primarily markets its fiber optic test, measurement, and control products to telecommunications companies, defense agencies, government system integrators, researchers, original equipment manufacturers, distributors, testing labs, and strategic partners directly, as well as through manufacturer representative organizations, partner and distribution channels, technical sales engineers, value added resellers, and independent sales representatives. Luna Innovations Incorporated was incorporated in 1990 and is headquartered in Roanoke, Virginia.

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StockViz Staff

September 20, 2024

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