Caliber Imaging & Diagnostics (Caliber Imaging & Diagnostics) Inventory Turnover : 0.83 (As of Mar. 2014)

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What is Caliber Imaging & Diagnostics Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Caliber Imaging & Diagnostics's Cost of Goods Sold for the three months ended in Mar. 2014 was $0.72 Mil. Caliber Imaging & Diagnostics's Average Total Inventories for the quarter that ended in Mar. 2014 was $0.86 Mil. Caliber Imaging & Diagnostics's Inventory Turnover for the quarter that ended in Mar. 2014 was 0.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Caliber Imaging & Diagnostics's Days Inventory for the three months ended in Mar. 2014 was 109.28.

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. Caliber Imaging & Diagnostics's Inventory-to-Revenue for the quarter that ended in Mar. 2014 was 1.00.

Caliber Imaging & Diagnostics Inventory Turnover Historical Data

The historical data trend for Caliber Imaging & Diagnostics's Inventory Turnover can be seen below:

* 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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Caliber Imaging & Diagnostics Inventory Turnover Chart

Caliber Imaging & Diagnostics Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Inventory Turnover

3.20

3.31

3.48

2.90

3.29

Caliber Imaging & Diagnostics Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14
Inventory Turnover	Get a 7-Day Free Trial													0.89	0.85	0.95	1.13	0.83

Caliber Imaging & Diagnostics Inventory Turnover Calculation

Caliber Imaging & Diagnostics's Inventory Turnover for the fiscal year that ended in Dec. 2013 is calculated as

	Inventory Turnover (A: Dec. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2013 )	/ (	(Total Inventories (A: Dec. 2012 )	+	Total Inventories (A: Dec. 2013 ))	/	count )
=	2.687	/ (	(0.926	+	0.709)	/	2 )
=	2.687	/	0.8175
=	3.29

Caliber Imaging & Diagnostics's Inventory Turnover for the quarter that ended in Mar. 2014 is calculated as

	Inventory Turnover (Q: Mar. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2014 )	/ (	(Total Inventories (Q: Dec. 2013 )	+	Total Inventories (Q: Mar. 2014 ))	/	count )
=	0.716	/ (	(0.709	+	1.006)	/	2 )
=	0.716	/	0.8575
=	0.83

Caliber Imaging & Diagnostics (OTCPK:LCDX) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Caliber Imaging & Diagnostics's Days Inventory for the three months ended in Mar. 2014 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2014 )	/	Cost of Goods Sold (Q: Mar. 2014 )	*	Days in Period
	=	0.8575	/	0.716	*	365 / 4
	=	109.28

2. 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.

Caliber Imaging & Diagnostics's Inventory to Revenue for the quarter that ended in Mar. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2014 )	/	Revenue (Q: Mar. 2014 )
	=	0.8575	/	0.858
	=	1.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Caliber Imaging & Diagnostics Inventory Turnover Related Terms

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Caliber Imaging & Diagnostics (Caliber Imaging & Diagnostics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Caliber Imaging & Diagnostics Inc (OTCPK:LCDX) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Burtt Road, Suite 203, Andover, MA, USA, 01810

Website

http://www.caliberid.com

Caliber Imaging & Diagnostics Inc is a medical device company engaged in developing, manufacturing, marketing & selling point-of-care cellular imaging systems to diagnose skin cancer. It offers clinical imaging and research imaging solutions that shows tissue at the cellular level. Its products portfolio includes; VivaScope; VivaScope 3000, 1500 & 2500; and VivaNet and VivaScan.

Executives

Paul Stuka	director	C/O OSIRIS PARTNERS, LLC, ONE LIBERTY SQUARE, 5TH FLOOR, BOSTON MA 02109
William J Shea	director, 10 percent owner	11825 N PENNSYLVANIA ST, CARMEL IN 46032
Kevin M Cronin	director
Richard Christopher	officer: Chief Financial Officer	C/O LUCID, INC., 50 METHODIST HILL DR, SUITE 1000, ROCHESTER NY 14623
Martin Joseph Joyce	officer: Chief Financial Officer	1050 HINGHAM STREET, ROCKLAND MA 02370
Matthew S Cox	director	58 OAKWOOD DRIVE, CHAPEL HILL NC 27517

Caliber Imaging & Diagnostics (Caliber Imaging & Diagnostics) Headlines

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