GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Avitar Inc (OTCPK:AVTI) » Definitions » Change In Inventory

Avitar (Avitar) Change In Inventory : $0.07 Mil (TTM As of Dec. 2007)


View and export this data going back to 1992. Start your Free Trial

What is Avitar Change In Inventory?

Avitar's change in inventory for the quarter that ended in Dec. 2007 was $0.00 Mil. It means Avitar's inventory stayed the same from Sep. 2007 to Dec. 2007 .

Avitar's change in inventory for the fiscal year that ended in Sep. 2007 was $0.05 Mil. It means Avitar's inventory declined by $0.05 Mil from Sep. 2006 to Sep. 2007 .

Avitar's Total Inventories for the quarter that ended in Dec. 2007 was $0.23 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Avitar's Days Inventory for the quarter that ended in Dec. 2007 was 46.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Avitar's Inventory Turnover for the quarter that ended in Dec. 2007 was 1.95.

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. Avitar's Inventory-to-Revenue for the quarter that ended in Dec. 2007 was 0.45.


Avitar Change In Inventory Historical Data

The historical data trend for Avitar'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.

* Premium members only.

Avitar Change In Inventory Chart

Avitar Annual Data
Trend Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 -0.10 -0.03 0.10 0.05

Avitar Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.02 -0.02 0.09 - -

Avitar 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. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.07 Mil.

* 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.


Avitar  (OTCPK:AVTI) Change In Inventory Explanation

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

Avitar's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.225/0.438*365 / 4
=46.88

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

Avitar's Inventory Turnover for the quarter that ended in Dec. 2007 is calculated as

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.

Avitar's Inventory to Revenue for the quarter that ended in Dec. 2007 is calculated as

* 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.


Avitar Change In Inventory Related Terms

Thank you for viewing the detailed overview of Avitar's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Avitar (Avitar) Business Description

Traded in Other Exchanges
N/A
Address
5005 Elbow Drive SW, Suite 207, Calgary, AB, CAN, T2S 1T9
Website
Avitar Inc, through its subsidiary Avitar Technologies, develops, manufactures, and markets products for oral fluid diagnostics, disease and clinical testing, and wound treating.

Avitar (Avitar) Headlines