IMRIS (IMRSQ) Change In Inventory: $0.88 Mil (TTM As of Dec. 2014)

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What is IMRIS Change In Inventory?

IMRIS IMRSQ -90.00% Change In Inventory is $0.88 Mil as of Dec. 2014.

IMRIS's change in inventory for the quarter that ended in Dec. 2014 was $0.37 Mil. It means IMRIS's inventory declined by $0.37 Mil from Sep. 2014 to Dec. 2014 .

IMRIS's change in inventory for the fiscal year that ended in Dec. 2014 was $0.88 Mil. It means IMRIS's inventory declined by $0.88 Mil from Dec. 2013 to Dec. 2014 .

IMRIS's Total Inventories for the quarter that ended in Dec. 2014 was $9.13 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IMRIS's Days Inventory for the quarter that ended in Dec. 2014 was 145.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. IMRIS's Inventory Turnover for the quarter that ended in Dec. 2014 was 0.63.

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. IMRIS's Inventory-to-Revenue for the quarter that ended in Dec. 2014 was 0.97.

IMRIS  (OTCPK:IMRSQ) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=9.3125/5.854*365 / 4
=145.16

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

IMRIS's Inventory Turnover for the quarter that ended in Dec. 2014 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=5.854 / 9.3125
=0.63

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.

IMRIS's Inventory to Revenue for the quarter that ended in Dec. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=9.3125 / 9.558
=0.97

* 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.

IMRIS Change In Inventory Related Terms

IMRIS Change In Inventory Historical Data

* Premium members only.

The historical data trend for IMRIS'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.

IMRIS Change In Inventory Chart

IMRIS Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Change In Inventory
Get a 7-Day Free Trial Premium Member Only -2.15 0.12 -0.85 -3.99 0.88

IMRIS Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 -3.32 1.72 -0.72 -0.49 0.37

IMRIS 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.88 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 $0.88 Mil mean?
IMRIS (IMRSQ) has a Change In Inventory of $0.88 Mil as of Dec. 2014. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for IMRIS and its competitors.
Is IMRIS's Change In Inventory too high?
IMRIS's current Change In Inventory is $0.88 Mil.
How does IMRIS's Change In Inventory compare to IVOB and IGNG?
IMRIS's Change In Inventory of $0.88 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 IMRIS and its competitors. IMRIS's current Change In Inventory is $0.88 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IMRIS stock overvalued right now?
IMRIS (IMRSQ) has a current Change In Inventory of $0.88 Mil. The current Change In Inventory is $0.88 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 IMRIS (IMRSQ), the current Change In Inventory is $0.88 Mil as of Dec. 2014. 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.

IMRIS Business Description

Address 1230 Chaska Creek Way, Suite 100, Chaska, MN, USA, 55318
IMRIS Inc provides integrated intraoperative imaging environments that deliver real-time MRI and imaging data during surgical and interventional procedures. The Operating Suite of the company enables imaging directly within the OR, enhancing clinical decision-making. The company also designs and manufactures proprietary head fixation devices, imaging coils, and OR tables tailored for this specialized setting.