GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Patient Access Solutions Inc (OTCPK:PASO) » Definitions » Inventory-to-Revenue

Patient Access Solutions (Patient Access Solutions) Inventory-to-Revenue : 0.30 (As of Jul. 2008)


View and export this data going back to 2007. Start your Free Trial

What is Patient Access Solutions 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. Patient Access Solutions's Average Total Inventories for the quarter that ended in Jul. 2008 was $0.03 Mil. Patient Access Solutions's Revenue for the three months ended in Jul. 2008 was $0.10 Mil. Patient Access Solutions's Inventory-to-Revenue for the quarter that ended in Jul. 2008 was 0.30.

Patient Access Solutions's Inventory-to-Revenue for the quarter that ended in Jul. 2008 increased from Apr. 2008 (0.19) to Apr. 2008 (0.30)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Patient Access Solutions's Days Inventory for the three months ended in Jul. 2008 was 48.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. Patient Access Solutions's Inventory Turnover for the quarter that ended in Jul. 2008 was 1.90.


Patient Access Solutions Inventory-to-Revenue Historical Data

The historical data trend for Patient Access Solutions's Inventory-to-Revenue 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.

* Premium members only.

Patient Access Solutions Inventory-to-Revenue Chart

Patient Access Solutions Annual Data
Trend Oct06 Oct07 Oct08
Inventory-to-Revenue
- - -

Patient Access Solutions Quarterly Data
Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08
Inventory-to-Revenue Get a 7-Day Free Trial - - - 0.19 0.30

Competitive Comparison of Patient Access Solutions's Inventory-to-Revenue

For the Health Information Services subindustry, Patient Access Solutions'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.


Patient Access Solutions's Inventory-to-Revenue Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Patient Access Solutions's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Patient Access Solutions's Inventory-to-Revenue falls into.



Patient Access Solutions 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.

Patient Access Solutions's Inventory-to-Revenue for the fiscal year that ended in Oct. 2008 is calculated as

Inventory-to-Revenue (A: Oct. 2008 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Oct. 2007 ) + Total Inventories (A: Oct. 2008 )) / count ) / Revenue (A: Oct. 2008 )
=( (0 + 0.041) / 1 ) / 0
=0.041 / 0
=N/A

Patient Access Solutions's Inventory-to-Revenue for the quarter that ended in Jul. 2008 is calculated as

Inventory-to-Revenue (Q: Jul. 2008 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Apr. 2008 ) + Total Inventories (Q: Jul. 2008 )) / count ) / Revenue (Q: Jul. 2008 )
=( (0.019 + 0.041) / 2 ) / 0.1
=0.03 / 0.1
=0.30

* 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.


Patient Access Solutions  (OTCPK:PASO) 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.

Patient Access Solutions's Days Inventory for the three months ended in Jul. 2008 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2008 )/Cost of Goods Sold (Q: Jul. 2008 )*Days in Period
=0.03/0.057*365 / 4
=48.03

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

Patient Access Solutions's Inventory Turnover for the quarter that ended in Jul. 2008 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2008 ) / Average Total Inventories (Q: Jul. 2008 )
=0.057 / 0.03
=1.90

* 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.


Patient Access Solutions Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Patient Access Solutions's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Patient Access Solutions (Patient Access Solutions) Business Description

Traded in Other Exchanges
N/A
Address
150 Veterans Highway, Unit 1124, Commack, NY, USA, 11725
Patient Access Solutions Inc is a technology solutions provider focused on service within the healthcare community, with a focus of using technology to facilitate their customers' needs. The company develops and markets the PASHealth Web Portal System.

Patient Access Solutions (Patient Access Solutions) Headlines

From GuruFocus