What is NeuroOne Medical Technologies 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. NeuroOne Medical Technologies's Average Total Inventories for the quarter that ended in Mar. 2024 was $1.46 Mil. NeuroOne Medical Technologies's Revenue for the
three
months ended in Mar. 2024 was $1.38 Mil.
NeuroOne Medical Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.06.
NeuroOne Medical Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (1.71) to Dec. 2023 (1.06)
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.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
NeuroOne Medical Technologies's Days Inventory for the
three
months ended in Mar. 2024 was 135.03.
Inventory Turnover measures how fast the company turns over its inventory within a year.
NeuroOne Medical Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.68.
NeuroOne Medical Technologies Inventory-to-Revenue Historical Data
* 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.
NeuroOne Medical Technologies Inventory-to-Revenue Chart
Competitive Comparison of NeuroOne Medical Technologies's Inventory-to-Revenue
For the Medical Devices subindustry, NeuroOne Medical Technologies'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.
NeuroOne Medical Technologies's Inventory-to-Revenue Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, NeuroOne Medical Technologies's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where NeuroOne Medical Technologies's Inventory-to-Revenue falls into.
NeuroOne Medical Technologies 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.
* 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.
NeuroOne Medical Technologies (NAS:NMTC) 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.
NeuroOne Medical Technologies's Days Inventory 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.
NeuroOne Medical Technologies Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of NeuroOne Medical Technologies's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
NeuroOne Medical Technologies (NeuroOne Medical Technologies) Business Description
NeuroOne Medical Technologies Corp operates as a medical technology company. It is focused on the development and commercialization of thin-film electrode technology for continuous electroencephalogram (cEEG) and stereoelectrocencephalography (sEEG) recording, brain stimulation, and ablation solutions for patients suffering from brain-related disorders. The company business is in one operating segment, which is the business of development and commercialization of products related to comprehensive neuromodulation cEEG and sEEG recording, monitoring, ablation, and brain stimulation solutions.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NMTC has been successfully added to your 