HESG (Health Sciences Group) Change In Inventory: $0.04 Mil (TTM As of Sep. 2006)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Health Sciences Group Change In Inventory?

Health Sciences Group HESG -99.00% Change In Inventory is $0.04 Mil as of Sep. 2006.

Health Sciences Group's change in inventory for the quarter that ended in Sep. 2006 was $0.02 Mil. It means Health Sciences Group's inventory declined by $0.02 Mil from Jun. 2006 to Sep. 2006 .

Health Sciences Group's change in inventory for the fiscal year that ended in Dec. 2005 was $-0.09 Mil. It means Health Sciences Group's inventory increased by $0.09 Mil from Dec. 2004 to Dec. 2005 .

Health Sciences Group's Total Inventories for the quarter that ended in Sep. 2006 was $0.05 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Health Sciences Group's Days Inventory for the quarter that ended in Sep. 2006 was 1,901.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Health Sciences Group's Inventory Turnover for the quarter that ended in Sep. 2006 was 0.05.

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. Health Sciences Group's Inventory-to-Revenue for the quarter that ended in Sep. 2006 was 12.50.

Health Sciences Group  (OTCPK:HESG) Change In Inventory Explanation

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

Health Sciences Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.0625/0.003*365 / 4
=1,901.04

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

Health Sciences Group's Inventory Turnover for the quarter that ended in Sep. 2006 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.003 / 0.0625
=0.05

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.

Health Sciences Group's Inventory to Revenue for the quarter that ended in Sep. 2006 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.0625 / 0.005
=12.50

* 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.

Health Sciences Group Change In Inventory Related Terms

Health Sciences Group Change In Inventory Historical Data

* Premium members only.

The historical data trend for Health Sciences Group'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.

Health Sciences Group Change In Inventory Chart

Health Sciences Group Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Change In Inventory
Get a 7-Day Free Trial 0.04 -0.04 0.71 -0.02 -0.09

Health Sciences Group Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 0.00 0.00 0.02 0.01 0.02

Health Sciences Group 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 Sep. 2006 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.04 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 $0.04 Mil mean?
Health Sciences Group (HESG) has a Change In Inventory of $0.04 Mil as of Sep. 2006. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Health Sciences Group and its competitors.
Is Health Sciences Group's Change In Inventory too high?
Health Sciences Group's current Change In Inventory is $0.04 Mil.
How does Health Sciences Group's Change In Inventory compare to VITIF and HSTC?
Health Sciences Group's Change In Inventory of $0.04 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Change In Inventory depends on the Biotechnology 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 Health Sciences Group and its competitors. Health Sciences Group's current Change In Inventory is $0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Health Sciences Group stock overvalued right now?
Health Sciences Group (HESG) has a current Change In Inventory of $0.04 Mil. The current Change In Inventory is $0.04 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 Health Sciences Group (HESG), the current Change In Inventory is $0.04 Mil as of Sep. 2006. 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.

Health Sciences Group Business Description

Address 14331 Euclid Street, Suite 207, Garden Grove, CA, USA, 92843
Health Sciences Group Inc identifies, develops, and commercializes nutritional products. Its products are targeted towards consumers and medical professionals interested in preventative healthcare alternatives. The products are sold as nutritional supplements and functional ingredients to retail and wholesale customers in the nutrition, skin care, and food industries. The company distributes its products under the Swiss Research and Swiss Diet brand names.