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Quality Systems Inc (NAS:QSII)
Change In Inventory
\$-0.0 Mil (As of Dec. 2016)

Quality Systems Inc's change in inventory for the quarter that ended in Dec. 2016 was \$-0.0 Mil. It means Quality Systems Inc's inventory increased by \$0.0 Mil from Sep. 2016 to Dec. 2016 .

Quality Systems Inc's change in inventory for the fiscal year that ended in Mar. 2016 was \$0.0 Mil. It means Quality Systems Inc's inventory declined by \$0.0 Mil from Mar. 2015 to Mar. 2016 .

Quality Systems Inc's inventory for the quarter that ended in Dec. 2016 was \$0.3 Mil.

Days inventory indicates the number of days of goods in sales that a company has in the inventory. Quality Systems Inc's days inventory for the quarter that ended in Dec. 2016 was 0.51.

Inventory can be measured by Days Sales of Inventory (DSI). Quality Systems Inc's days sales of inventory (DSI) for the quarter that ended in Dec. 2016 was 0.22.

Inventory turnover measures how fast the company turns over its inventory within a year. Quality Systems Inc's inventory turnover for the quarter that ended in Dec. 2016 was 179.68.

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. Quality Systems Inc's inventory to revenue ratio for the quarter that ended in Dec. 2016 was 0.00.

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.

Quality Systems Inc's Days Inventory for the quarter that ended in Dec. 2016 is calculated as:

 Days Inventory = Average Inventory / Cost of Goods Sold * Days in Period = 0.3025 / 54.352 * 365 / 4 = 0.51

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

Quality Systems Inc's Days Sales of Inventory for the quarter that ended in Dec. 2016 is calculated as

 Days Sales of Inventory (DSI) = Average Inventory / Revenue * Days in Period = 0.3025 / 127.868 * 365 / 4 = 0.22

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

Quality Systems Inc's Inventory Turnover for the quarter that ended in Dec. 2016 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 54.352 / 0.3025 = 179.68

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.

Quality Systems Inc's Inventory to Revenue for the quarter that ended in Dec. 2016 is calculated as

 Inventory to Revenue = Average Inventory / Revenue = 0.3025 / 127.868 = 0.00

* 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.

Quality Systems Inc Annual Data

 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 ChangeInInventory -0.6 0.1 -0.1 -0.2 -0.6 -1.8 0.3 -0.1 0.2 0.0

Quality Systems Inc Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 ChangeInInventory -0.0 0.1 0.1 -0.1 -0.0 -0.0 0.2 -0.0 -0.0 -0.0
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