CAS Medical Systems (CAS Medical Systems) Inventory-to-Revenue : 0.20 (As of Dec. 2018)

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What is CAS Medical Systems 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. CAS Medical Systems's Average Total Inventories for the quarter that ended in Dec. 2018 was $1.16 Mil. CAS Medical Systems's Revenue for the three months ended in Dec. 2018 was $5.80 Mil. CAS Medical Systems's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 0.20.

CAS Medical Systems's Inventory-to-Revenue for the quarter that ended in Dec. 2018 declined from Sep. 2018 (0.23) to Sep. 2018 (0.20)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CAS Medical Systems's Days Inventory for the three months ended in Dec. 2018 was 42.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. CAS Medical Systems's Inventory Turnover for the quarter that ended in Dec. 2018 was 2.15.

CAS Medical Systems Inventory-to-Revenue Historical Data

The historical data trend for CAS Medical Systems'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.

CAS Medical Systems Inventory-to-Revenue Chart

CAS Medical Systems Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Inventory-to-Revenue

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0.16

0.11

0.07

0.05

CAS Medical Systems Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Inventory-to-Revenue	Get a 7-Day Free Trial															0.26	0.18	0.20	0.23	0.20

Competitive Comparison of CAS Medical Systems's Inventory-to-Revenue

For the Medical Instruments & Supplies subindustry, CAS Medical Systems'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.

CAS Medical Systems's Inventory-to-Revenue Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, CAS Medical Systems's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where CAS Medical Systems's Inventory-to-Revenue falls into.

CAS Medical Systems Inventory-to-Revenue Calculation

CAS Medical Systems's Inventory-to-Revenue for the fiscal year that ended in Dec. 2018 is calculated as

	Inventory-to-Revenue (A: Dec. 2018 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )	/	Revenue (A: Dec. 2018 )
=	( (1.076	+	1.012)	/	2 )	/	21.92
=	1.044					/	21.92
=	0.05

CAS Medical Systems's Inventory-to-Revenue for the quarter that ended in Dec. 2018 is calculated as

	Inventory-to-Revenue (Q: Dec. 2018 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2018 )	+	Total Inventories (Q: Dec. 2018 ))	/	count )	/	Revenue (Q: Dec. 2018 )
=	( (1.313	+	1.012)	/	2 )	/	5.802
=	1.1625					/	5.802
=	0.20

CAS Medical Systems (NAS:CASM) 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:

More Related Terms:

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

CAS Medical Systems's Days Inventory for the three months ended in Dec. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2018 )	/	Cost of Goods Sold (Q: Dec. 2018 )	*	Days in Period
	=	1.1625	/	2.503	*	365 / 4
	=	42.38

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

CAS Medical Systems's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2018 )	/	Average Total Inventories (Q: Dec. 2018 )
	=	2.503	/	1.1625
	=	2.15

CAS Medical Systems Inventory-to-Revenue Related Terms

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CAS Medical Systems (CAS Medical Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » CAS Medical Systems Inc (NAS:CASM) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

44 East Industrial Road, Branford, CT, USA, 06405

Website

http://www.casmed.com

CAS Medical Systems Inc is a medical technology company that develops, manufactures, and markets non-invasive patient monitoring products. The company's products are the FORE-SIGHT and FORE-SIGHT ELITE brand tissue oximeters and sensors. .

Executives

Alan Milinazzo	director	C/O ORTHOFIX INC, 10115 KINCEY AVENUE STE 250, HUNTERSVILLE NC 28078
Thomas M Patton	director, officer: President and CEO	C/O OSTEOTCH INC., 51 JAMES WAY, EATONTOWN NJ 07724
Kenneth R Weisshaar	director	875 PARK AVE APT 2D, NEW YORK NY 10021
James E Thomas	director, 10 percent owner	WOODS END ROAD, NEW CANAAN CT 06840
Thomas, Mcnerney & Partners Ii L.p.	10 percent owner	45 SOUTH 7TH STREET, SUITE 3060, Minneapolis MN 55402
Tmp Associates Ii Lp	10 percent owner	45 SOUTH SEVENTH STREET, SUITE 3060, MINNEAPOLIS MN 55402
Tmp Nominee Ii, Llc	10 percent owner	45 SOUTH SEVENTH STREET, SUITE 3060, MINNEAPOLIS MN 55402
Thomas, Mcnerney & Partners Ii, Llc	10 percent owner	45 SOUTH SEVENTH STREET, SUITE 3060, MINNEAPOLIS MN 55402
Acuta Capital Fund, Lp	10 percent owner	1301 SHOREWAY ROAD, SUITE 350, BELMONT CA 94002
James E Flynn	10 percent owner, other: Possible Member of 10% Group	780 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Deerfield Management Company, L.p. (series C)	10 percent owner, other: Possible Member of 10% Group	345 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK NY 10010
Deerfield Mgmt L.p.	10 percent owner, other: Possible Member of 10% Group	780 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Deerfield Special Situations Fund, L.p.	10 percent owner, other: Possible Member of 10% Group	780 3RD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Deerfield Special Situations International Master Fund, L.p.	10 percent owner, other: Possible Member of 10% Group	780 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Lawrence Burstein	director	C/O UNITY VENTURE CAPITAL ASSOCIATES LTD, 245 FIFTH AVENUE, SUITE 1500, NEW YORK NY 10016