FZMD (Fuse Medical) Change In Inventory: $-0.22 Mil (TTM As of Jun. 2023)

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FZMD Fuse Medical Inc FZMD
12 GF Score
Price $0.02
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What is Fuse Medical Change In Inventory?

Fuse Medical FZMD 12 Change In Inventory is $-0.22 Mil as of Jun. 2023. GuruFocus rates FZMD with a GF Score™ of 12/100.

Fuse Medical's change in inventory for the quarter that ended in Jun. 2023 was $0.34 Mil. It means Fuse Medical's inventory declined by $0.34 Mil from Mar. 2023 to Jun. 2023 .

Fuse Medical's change in inventory for the fiscal year that ended in Dec. 2022 was $-1.47 Mil. It means Fuse Medical's inventory increased by $1.47 Mil from Dec. 2021 to Dec. 2022 .

Fuse Medical's Total Inventories for the quarter that ended in Jun. 2023 was $9.03 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fuse Medical's Days Inventory for the quarter that ended in Jun. 2023 was 542.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fuse Medical's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.17.

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. Fuse Medical's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 1.82.


Fuse Medical  (OTCPK:FZMD) Change In Inventory Explanation

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

Fuse 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
=9.0905/1.528*365 / 4
=542.87

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

Fuse Medical's Inventory Turnover for the quarter that ended in Jun. 2023 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.

Fuse Medical's Inventory to Revenue for the quarter that ended in Jun. 2023 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.


Fuse Medical Change In Inventory Related Terms


Fuse Medical Change In Inventory Historical Data

* Premium members only.

The historical data trend for Fuse 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.

Fuse Medical Change In Inventory Chart

Fuse Medical Annual Data
Trend Aug13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 1.13 1.60 -1.17 -1.47

Fuse Medical Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -0.37 -0.58 0.39 0.34
FZMD
12GF Score
Fuse Medical Inc FZMD
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Fuse 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.22 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 $-0.22 Mil mean?
Fuse Medical (FZMD) has a Change In Inventory of $-0.22 Mil as of Jun. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Fuse Medical and its competitors.
Is Fuse Medical's Change In Inventory too high?
Fuse Medical's current Change In Inventory is $-0.22 Mil. Overall, Fuse Medical has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Fuse Medical's Change In Inventory compare to GTHP and SONX?
Fuse Medical's Change In Inventory of $-0.22 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 Fuse Medical and its competitors. Fuse Medical's current Change In Inventory is $-0.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuse Medical stock overvalued right now?
Fuse Medical (FZMD) has a current Change In Inventory of $-0.22 Mil. The current Change In Inventory is $-0.22 Mil. Fuse Medical's overall GF Score™ is 12/100. 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 Fuse Medical (FZMD), the current Change In Inventory is $-0.22 Mil as of Jun. 2023. 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.

Fuse Medical Business Description

Address 4343 Sigma Road, Suite 500, Farmers Branch, TX, USA, 75244
Fuse Medical Inc is a manufacturer, distributor, and wholesaler of medical device implants, offering portfolio of orthopedic implants and biologics including: internal fixation products, upper and lower extremity plating and total joint reconstruction implants, soft tissue fixation and augmentation for sports medicine procedures, spinal implants for trauma, degenerative disc disease and deformity indications, and osteo-biologics, regenerative and connective tissues, which include human allografts, substitute bone materials, tendons, and regenerative tissues. Its portfolio of Orthopedic Implants and Biologics provide products to assist surgeons with positive patient outcomes and cost-effective solutions for its customers including hospitals, medical facilities, and sub-distributors.
12GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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