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VirtualScopics (VirtualScopics) Total Inventories : $0.00 Mil (As of Dec. 2015)


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What is VirtualScopics Total Inventories?

VirtualScopics's total inventories for the quarter that ended in Dec. 2015 was $0.00 Mil. VirtualScopics's average total inventories from the quarter that ended in Sep. 2015 to the quarter that ended in Dec. 2015 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. VirtualScopics's Net-Net Working Capital per share for the quarter that ended in Dec. 2015 was $0.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. VirtualScopics's Days Inventory for the three months ended in Dec. 2015 was 0.00.

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

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. VirtualScopics's Inventory-to-Revenue for the quarter that ended in Dec. 2015 was 0.00.


VirtualScopics Total Inventories Historical Data

The historical data trend for VirtualScopics's Total Inventories 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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VirtualScopics Total Inventories Chart

VirtualScopics Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Total Inventories
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VirtualScopics Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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VirtualScopics Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


VirtualScopics  (NAS:VSCP) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

VirtualScopics's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2015 is

Net-Net Working Capital Per Share (Q: Dec. 2015 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.434+0.75 * 2.606+0.5 * 0-3.3
-0-0)/3.01153
=0.36

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

VirtualScopics's Days Inventory for the three months ended in Dec. 2015 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2015 )/Cost of Goods Sold (Q: Dec. 2015 )*Days in Period
=0/2.21*365 / 4
=0.00

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

VirtualScopics's Inventory Turnover for the quarter that ended in Dec. 2015 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2015 ) / Average Total Inventories (Q: Dec. 2015 )
=2.21 / 0
=N/A

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.

VirtualScopics's Inventory to Revenue for the quarter that ended in Dec. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2015 ) / Revenue (Q: Dec. 2015 )
=0 / 3.659
=0.00

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


VirtualScopics Total Inventories Related Terms

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VirtualScopics (VirtualScopics) Business Description

Traded in Other Exchanges
N/A
Address
VirtualScopics Inc. is a provider of quantitative imaging for clinical trials serving the pharmaceutical, biotechnology and medical device industries. The Company has developed a software platform for analysis and modeling of both structural and functional medical images. This platform provides information about the biological activity of drugs and devices in clinical trial patients. VirtualScopics is an imaging core lab providing central reads and quantitative imaging solutions for drug and medical device clinical trials for the areas of oncology, rheumatoid arthritis, osteoarthritis, neurology, and cardiovascular studies utilizing MRI, PET, CT, Ultrasound, and X-ray imaging modalities. The Company's image-based measurement and visualization tools enable automated and reproducible measurement of minute changes that occur in anatomic structures in musculoskeletal, oncological, cardiological and neurological diseases. The Company's image analysis provides a degree of accuracy and reproducibility that cannot be duplicated by manual techniques. The Company's quantitative imaging replaces subjective evaluation. It has developed a suite of patented semi-automated tools for the identification and measurement of carotid plaques. Evaluating diseases such as multiple sclerosis (MS), epilepsy, and Alzheimer's requires the identification and measurement of neurological structures and lesions. The Company's competition is largely comprised of a limited number of university research centers that are working on developing the next generation of image analysis tools. The Company's main customers are Novartis, Merck Serono and Amgen. The Company's main competitors are clinical research organizations (CROs) providing clinical trial services to pharmaceutical companies. Healthcare in the United States is heavily regulated by the federal government, and by state and local governments.
Executives
Robert G Klimasewski director 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Molly Henderson officer: Chief Business/Financial Off. 305 COLLEGE ROAD EAST, PRINCETON NJ 08540
David Rubin director C/O MERCK GLOBAL HEALTH INNOVATION FUND, ONE MERCK DRIVE, WHITEHOUSE STATION NJ 08889
Sidney R Knafel director 810 SEVENTH AVENUE, NEW YORK NY 10019
Warren D Bagatelle director FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06813-1305

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