BGMD (BG Medicine) Change In Inventory: $0.26 Mil (TTM As of Dec. 2015)

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What is BG Medicine Change In Inventory?

BG Medicine BGMD -99.00% Change In Inventory is $0.26 Mil as of Dec. 2015.

BG Medicine's change in inventory for the quarter that ended in Dec. 2015 was $0.08 Mil. It means BG Medicine's inventory declined by $0.08 Mil from Sep. 2015 to Dec. 2015 .

BG Medicine's change in inventory for the fiscal year that ended in Dec. 2015 was $0.26 Mil. It means BG Medicine's inventory declined by $0.26 Mil from Dec. 2014 to Dec. 2015 .

BG Medicine's Total Inventories for the quarter that ended in Dec. 2015 was $0.15 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BG Medicine's Days Inventory for the quarter that ended in Dec. 2015 was 204.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. BG Medicine's Inventory Turnover for the quarter that ended in Dec. 2015 was 0.45.

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. BG Medicine's Inventory-to-Revenue for the quarter that ended in Dec. 2015 was 0.63.

BG Medicine  (OTCPK:BGMD) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.184/0.082*365 / 4
=204.76

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.082 / 0.184
=0.45

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.184 / 0.29
=0.63

* 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.

BG Medicine Change In Inventory Related Terms

BG Medicine Change In Inventory Historical Data

* Premium members only.

The historical data trend for BG Medicine'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.

BG Medicine Change In Inventory Chart

BG Medicine Annual Data
Trend Dec05 Dec06 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.21 -0.24 -0.01 0.06 0.26

BG Medicine Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 -0.04 0.12 -0.02 0.08 0.08

BG Medicine 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.26 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $0.26 Mil mean?
BG Medicine (BGMD) has a Change In Inventory of $0.26 Mil as of Dec. 2015. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for BG Medicine and its competitors.
Is BG Medicine's Change In Inventory too high?
BG Medicine's current Change In Inventory is $0.26 Mil.
How does BG Medicine's Change In Inventory compare to LENSF and WHSI?
BG Medicine's Change In Inventory of $0.26 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Medical Devices & Instruments company?
A good Change In Inventory depends on the Medical Devices & Instruments industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for BG Medicine and its competitors. BG Medicine's current Change In Inventory is $0.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BG Medicine stock overvalued right now?
BG Medicine (BGMD) has a current Change In Inventory of $0.26 Mil. The current Change In Inventory is $0.26 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For BG Medicine (BGMD), the current Change In Inventory is $0.26 Mil as of Dec. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

BG Medicine Business Description

Address 303 Wyman Street, Suite 300, Waltham, MA, USA, 02451
BG Medicine Inc manufacture and sell diagnostic products that are used to guide the patients suffering from heart failure and related disorders in the United States. It distributes its products such as BGM Galectin-3 Test, an in vitro diagnostic device that measures galectin-3 in serum or plasma by enzyme-linked immunosorbent assay on a microtiter plate platform; and CardioSCORE Test, a multi-analyte biomarker-based blood test used for the assessment of near-term risk of atherothrombotic cardiovascular events, such as heart attack and ischemic stroke.