What is Cardiovascular Systems Inventory-to-Revenue?
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. Cardiovascular Systems's Average Total Inventories for the quarter that ended in Dec. 2022 was $39.6 Mil. Cardiovascular Systems's Revenue for the
three
months ended in Dec. 2022 was $61.5 Mil.
Cardiovascular Systems's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.64.
Cardiovascular Systems's Inventory-to-Revenue for the quarter that ended in Dec. 2022
increased
from Sep. 2022 (0.61) to Sep. 2022 (0.64)
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Cardiovascular Systems's Days Inventory for the
three
months ended in Dec. 2022 was 195.58.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Cardiovascular Systems's Inventory Turnover for the quarter that ended in Dec. 2022 was 0.47.
Cardiovascular Systems Inventory-to-Revenue Historical Data
The historical data trend for Cardiovascular Systems's Inventory-to-Revenue 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 Cardiovascular Systems's Inventory-to-Revenue
For the Medical Devices subindustry, Cardiovascular Systems's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.
Cardiovascular Systems's Inventory-to-Revenue Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Cardiovascular Systems's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Cardiovascular Systems's Inventory-to-Revenue falls into.
Cardiovascular Systems Inventory-to-Revenue Calculation
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.
Cardiovascular Systems's Inventory-to-Revenue for the fiscal year that ended in Jun. 2022 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.
Cardiovascular Systems (NAS:CSII) Inventory-to-Revenue Explanation
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Cardiovascular Systems's Days Inventory for the
three
months ended in Dec. 2022 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.
Cardiovascular Systems Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Cardiovascular Systems's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Cardiovascular Systems (Cardiovascular Systems) Business Description
Cardiovascular Systems Inc is a medical technology company focused on patients with peripheral and coronary artery diseases. Its peripheral artery disease systems are catheter-based platforms used to treat plaque in leg arteries above and below the knee. The firm's orbital atherectomy systems are used in peripheral and coronary commercial applications. Its OAS products include the Diamondback 360 Peripheral and Stealth 360 systems. Sales of Peripheral OAS contribute the majority of revenue. Cardiovascular systems generate the vast majority of its revenue in the United States.
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