GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Invitro International (OTCPK:IVRO) » Definitions » Days Inventory

Invitro International (Invitro International) Days Inventory : 442.38 (As of Jun. 2097)


View and export this data going back to 1991. Start your Free Trial

What is Invitro International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Invitro International's Average Total Inventories for the three months ended in Jun. 2097 was $0.49 Mil. Invitro International's Cost of Goods Sold for the three months ended in Jun. 2097 was $0.10 Mil. Hence, Invitro International's Days Inventory for the three months ended in Jun. 2097 was 442.38.

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

IVRO's Days Inventory is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: 69.24
* Ranked among companies with meaningful Days Inventory only.

Invitro International's Days Inventory increased from Jun. 2096 (128.16) to Jun. 2097 (442.38). It might indicate that Invitro International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Invitro International's Inventory Turnover for the three months ended in Jun. 2097 was 0.21.

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. Invitro International's Inventory-to-Revenue for the three months ended in Jun. 2097 was 2.73.


Invitro International Days Inventory Historical Data

The historical data trend for Invitro International'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.

Invitro International Days Inventory Chart

Invitro International Annual Data
Trend Feb90 Feb91 Sep92 Sep93 Sep94 Sep95 Sep96
Days Inventory
Get a 7-Day Free Trial 365.00 228.13 182.50 152.08 219.00

Invitro International Quarterly Data
Sep92 Dec92 Mar93 Jun93 Sep93 Dec93 Mar94 Jun94 Sep94 Dec94 Mar95 Jun95 Sep95 Dec95 Mar96 Jun96 Sep96 Dec96 Mar97 Jun97
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 128.16 - - 437.13 442.38

Competitive Comparison of Invitro International's Days Inventory

For the Diagnostics & Research subindustry, Invitro International'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.


Invitro International's Days Inventory Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Invitro International's Days Inventory distribution charts can be found below:

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



Invitro International Days Inventory Calculation

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

Invitro International's Days Inventory for the fiscal year that ended in Sep. 2096 is calculated as

Days Inventory (A: Sep. 2096 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2095 ) + Total Inventories (A: Sep. 2096 )) / count ) / Cost of Goods Sold (A: Sep. 2096 )*Days in Period
=( (0.2 + 0.4) / 2 ) / 0.5*365
=0.3 / 0.5*365
=219.00

Invitro International's Days Inventory for the quarter that ended in Jun. 2097 is calculated as:

Days Inventory (Q: Jun. 2097 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2097 ) + Total Inventories (Q: Jun. 2097 )) / count ) / Cost of Goods Sold (Q: Jun. 2097 )*Days in Period
=( (0.503 + 0.486) / 2 ) / 0.102*365 / 4
=0.4945 / 0.102*365 / 4
=442.38

* 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.


Invitro International  (OTCPK:IVRO) 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.

Invitro International's Inventory Turnover for the three months ended in Jun. 2097 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.

Invitro International's Inventory to Revenue for the three months ended in Jun. 2097 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.


Invitro International Days Inventory Related Terms

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


Invitro International (Invitro International) Business Description

Traded in Other Exchanges
N/A
Address
330 East Orangethorpe Avenue, Suite D, Placentia, CA, USA, 92870
Invitro International is a provider of non-animal testing methods. The company develops and commercializes test kits and laboratory services. Its testing technologies are designed to produce data regarding corrosivity, or ocular/dermal irritation, which correlate with animal and human test results. Its products and services include Irritection, Corrositex, and Lab Services. The company provides its products to various industries such as cosmetics, personal care, household products, textiles, pharmaceuticals, chemicals, and hazardous waste transportation. The majority of its revenue is generated from the United States and it also exports to other countries.