What is Span-America Medical 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. Span-America Medical Systems's Average Total Inventories for the quarter that ended in Mar. 2017 was $7.27 Mil. Span-America Medical Systems's Revenue for the
three
months ended in Mar. 2017 was $15.23 Mil.
Span-America Medical Systems's Inventory-to-Revenue for the quarter that ended in Mar. 2017 was 0.48.
Span-America Medical Systems's Inventory-to-Revenue for the quarter that ended in Mar. 2017
declined
from Dec. 2016 (0.48) to Dec. 2016 (0.48)
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.
Span-America Medical Systems's Days Inventory for the
three
months ended in Mar. 2017 was 70.85.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Span-America Medical Systems's Inventory Turnover for the quarter that ended in Mar. 2017 was 1.29.
Span-America Medical Systems 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.
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Span-America Medical Systems Inventory-to-Revenue Chart
Competitive Comparison of Span-America Medical Systems's Inventory-to-Revenue
For the Medical Devices subindustry, Span-America Medical 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.
Span-America Medical Systems's Inventory-to-Revenue Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Span-America Medical Systems's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Span-America Medical Systems's Inventory-to-Revenue falls into.
Span-America Medical 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.
Span-America Medical Systems's Inventory-to-Revenue for the fiscal year that ended in Sep. 2016 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.
Span-America Medical Systems (NAS:SPAN) 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.
Span-America Medical Systems's Days Inventory for the
three
months ended in Mar. 2017 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.
Span-America Medical Systems Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Span-America Medical Systems's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Span-America Medical Systems (Span-America Medical Systems) Business Description
Span-America Medical Systems Inc was incorporated under the laws of the state of South Carolina on September 21, 1970. The Company manufactures and distributes therapeutic support surfaces, mattress overlays, patient positioners, seating cushions, skin care products and fall prevention products for the medical market and pillows, mattress pads and various foam products for the custom products market throughout the United States and Canada. Its operations are divided into two main business units or segments: medical and custom products. The Company's main medical products consist of polyurethane foam mattress overlays, therapeutic support surfaces (which consist of non-powered and powered therapeutic support surfaces) and patient positioners as well as Selan (r) skin care, seating and fall protection products. The Company's custom products segment includes two product lines namely consumer bedding products and various engineered industrial products. The Company's consumer product line consists mainly of convoluted and contour-cut mattress overlays and specially designed pillows for the consumer bedding market. It sells these products mainly in North America to customers in the segments of the health care market, including acute care hospitals, long-term care facilities and home health care providers. The Company's manufacturing operations are subject to various government regulations pertaining to the discharge of materials into the environment.
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