Nova Eye Medical (ASX:EYE) Change In Inventory : A$0.00 Mil (TTM As of Dec. 2024)

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What is Nova Eye Medical Change In Inventory?

Nova Eye Medical's change in inventory for the quarter that ended in Dec. 2024 was A$0.00 Mil. It means Nova Eye Medical's inventory stayed the same from Jun. 2024 to Dec. 2024 .

Nova Eye Medical's change in inventory for the fiscal year that ended in Jun. 2024 was A$0.00 Mil. It means Nova Eye Medical's inventory stayed the same from Jun. 2023 to Jun. 2024 .

Nova Eye Medical's Total Inventories for the quarter that ended in Dec. 2024 was A$4.36 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nova Eye Medical's Days Inventory for the quarter that ended in Dec. 2024 was 180.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nova Eye Medical's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.01.

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. Nova Eye Medical's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.33.

Nova Eye Medical Change In Inventory Historical Data

The historical data trend for Nova Eye Medical's Change In Inventory 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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Nova Eye Medical Change In Inventory Chart

Nova Eye Medical Annual Data

Trend

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Change In Inventory

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Nova Eye Medical Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Nova Eye Medical Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

Nova Eye Medical (ASX:EYE) Change In Inventory Explanation

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

Nova Eye Medical's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4.322	/	4.37	*	365 / 2
	=	180.50

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

Nova Eye Medical's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.37	/	4.322
	=	1.01

3. 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.

Nova Eye Medical's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.322	/	12.925
	=	0.33

Nova Eye Medical Change In Inventory Related Terms

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Nova Eye Medical Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Nova Eye Medical Ltd (ASX:EYE) » Definitions » Change In Inventory

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Address

107 Rundle Street, Kent Town, Adelaide, SA, AUS, 5067

Website

https://www.nova-eye.com

Nova Eye Medical Ltd is a medical technology company that develops, manufactures, and sells a portfolio of proprietary ophthalmic treatment technologies and devices. Used by eye surgeons globally, these technologies include iTrack minimally invasive glaucoma surgery (MIGS), a consumable surgical device that restores the eye's natural outflow pathway to lower pressure inside the eye and to eliminate patient reliance on anti-glaucoma medications for mild-moderate glaucoma. The company's operating segment include AlphaRET and Glaucoma Surgical Devices, it generates maximum revenue from Glaucoma Surgical Devices. Geographically, it derives a majority of its revenue from the United States of America.