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Cyberonics Inc (NAS:CYBX)
Change In Inventory
\$-4.1 Mil (As of Sep. 2016)

Cyberonics Inc's change in inventory for the quarter that ended in Sep. 2016 was \$-4.1 Mil. It means Cyberonics Inc's inventory increased by \$4.1 Mil from Jun. 2016 to Sep. 2016 .

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 increased by \$7.1 Mil from Apr. 2014 to Apr. 2015 .

Cyberonics Inc's inventory for the quarter that ended in Sep. 2016 was \$197.6 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 Sep. 2016 was 167.31.

Inventory can be measured by Days Sales of Inventory (DSI). Cyberonics Inc's days sales of inventory (DSI) for the quarter that ended in Sep. 2016 was 60.32.

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 Sep. 2016 was 0.55.

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 Sep. 2016 was 0.66.

Definition

Change In Inventory is the difference between last periodÂ’s ending inventory and the current periodÂ’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 Sep. 2016 is calculated as:

 Days Inventory = Average Inventory / Cost of Goods Sold * Days in Period = 195.1895 / 106.454 * 365 / 4 = 167.31

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

Cyberonics Inc's Days Sales of Inventory for the quarter that ended in Sep. 2016 is calculated as

 Days Sales of Inventory (DSI) = Average Inventory / Revenue * Days in Period = 195.1895 / 295.268 * 365 / 4 = 60.32

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 Sep. 2016 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 106.454 / 195.1895 = 0.55

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 Sep. 2016 is calculated as

 Inventory to Revenue = Average Inventory / Revenue = 195.1895 / 295.268 = 0.66

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Cyberonics Inc Annual Data

 Apr06 Apr07 Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 ChangeInInventory -8.8 0.1 4.5 -0.0 -1.5 -0.8 0.7 -3.4 0.3 -7.1

Cyberonics Inc Quarterly Data

 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Dec15 Mar16 Jun16 Sep16 ChangeInInventory -1.1 -0.6 -2.3 -3.1 -0.7 -1.0 38.1 10.8 13.9 -4.1
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