Ultrasis (LSE:ULT) Change In Inventory: £-0.01 Mil (TTM As of Jul. 2014)

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What is Ultrasis Change In Inventory?

Ultrasis LSE:ULT Change In Inventory is £-0.01 Mil as of Jul. 2014. The stock has 2 warning signs investors should review.

Ultrasis's change in inventory for the quarter that ended in Jul. 2014 was £-0.01 Mil. It means Ultrasis's inventory increased by £0.01 Mil from Jul. 2013 to Jul. 2014 .

Ultrasis's change in inventory for the fiscal year that ended in Jul. 2014 was £-0.01 Mil. It means Ultrasis's inventory increased by £0.01 Mil from Jul. 2013 to Jul. 2014 .

Ultrasis's Total Inventories for the quarter that ended in Jul. 2014 was £0.01 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ultrasis's Days Inventory for the quarter that ended in Jul. 2014 was 2.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ultrasis's Inventory Turnover for the quarter that ended in Jul. 2014 was 89.00.

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. Ultrasis's Inventory-to-Revenue for the quarter that ended in Jul. 2014 was 0.00.

Ultrasis  (LSE:ULT) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.003/0.267*365 / 2
=2.05

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

Ultrasis's Inventory Turnover for the quarter that ended in Jul. 2014 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.267 / 0.003
=89.00

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.003 / 1.833
=0.00

* 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.

Ultrasis Change In Inventory Related Terms

Ultrasis Change In Inventory Historical Data

* Premium members only.

The historical data trend for Ultrasis'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.

Ultrasis Change In Inventory Chart

Ultrasis Annual Data
Trend Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.01 0.00 0.00 -0.01

Ultrasis Semi-Annual Data
Jul96 Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14
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 0.00 0.01 0.00 0.00 -0.01

Ultrasis Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Jul. 2014 was £-0.01 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 £-0.01 Mil mean?
Ultrasis (LSE:ULT) has a Change In Inventory of £-0.01 Mil as of Jul. 2014. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Ultrasis and its competitors.
Is Ultrasis' Change In Inventory too high?
Ultrasis' current Change In Inventory is £-0.01 Mil.
How does Ultrasis' Change In Inventory compare to competitors?
Ultrasis' Change In Inventory of £-0.01 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Change In Inventory depends on the Healthcare Providers & Services 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 Ultrasis and its competitors. Ultrasis's current Change In Inventory is £-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultrasis stock overvalued right now?
Ultrasis (LSE:ULT) has a current Change In Inventory of £-0.01 Mil. The current Change In Inventory is £-0.01 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 Ultrasis (LSE:ULT), the current Change In Inventory is £-0.01 Mil as of Jul. 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.

Ultrasis Business Description

Ultrasis PLC was incorporated in November 23, 1981. The Company through its subsidiary provides healthcare products and services provided via the medium of technology or face to face, that help people maintain, regain and improve their physical, psychological and social well-being. Its product includes Beating the Blues(r), GetFit Wellness, My Brain Solutions, The Relief Series, Drink & Drug Wise, Calm Workplace, and Optimise Me, Screenetics and Joggle.