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Cyberonics Inc (NAS:CYBX)
Change In Inventory
$-0.7 Mil (As of Jul. 2015)

Cyberonics Inc's change in inventory for the quarter that ended in Jul. 2015 was $-0.7 Mil. It means Cyberonics Inc's inventory declined by $0.7 Mil from Apr. 2015 to Jul. 2015 .

Cyberonics Inc's change in inventory for the fiscal year that ended in Apr. 2015 was $-7.1 Mil. It means Cyberonics Inc's inventory declined by $7.1 Mil from Apr. 2014 to Apr. 2015 .

Cyberonics Inc's inventory for the quarter that ended in Jul. 2015 was $24.7 Mil.

Days inventory indicates the number of days of goods in sales that a company has in the inventory. Cyberonics Inc's days inventory for the quarter that ended in Jul. 2015 was 235.55.

Inventory can be measured by Days Sales of Inventory (DSI). Cyberonics Inc's days sales of inventory (DSI) for the quarter that ended in Jul. 2015 was 27.43.

Inventory turnover measures how fast the company turns over its inventory within a year. Cyberonics Inc's inventory turnover for the quarter that ended in Jul. 2015 was 0.39.

Inventory to revenue ratio 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. Cyberonics Inc's inventory to revenue ratio for the quarter that ended in Jul. 2015 was 0.30.


Definition

Change In Inventory is the difference between last period’s ending inventory and the current period’s ending inventory.


Explanation

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

Cyberonics Inc's Days Inventory for the quarter that ended in Jul. 2015 is calculated as:

Days Inventory=Average Inventory/Cost of Goods Sold*Days in Period
=24.3505/9.433*365 / 4
=235.55

2. Inventory can be measured by Days Sales of Inventory (DSI).

Cyberonics Inc's Days Sales of Inventory for the quarter that ended in Jul. 2015 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=24.3505/81.011*365 / 4
=27.43

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Cyberonics Inc's Inventory Turnover for the quarter that ended in Jul. 2015 is calculated as

4. 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.

Cyberonics Inc's Inventory to Revenue for the quarter that ended in Jul. 2015 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=24.3505 / 81.011
=0.30

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Inventory, Days Inventory, Cost of Goods Sold, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Cyberonics Inc Annual Data

Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15
ChangeInInventory -8.80.14.5-0.0-1.5-0.80.7-3.40.3-7.1

Cyberonics Inc Quarterly Data

Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15
ChangeInInventory -0.40.1-0.3-0.00.5-1.1-0.6-2.3-3.1-0.7
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