ABMT (Advanced BioMedical Technologies) Days Inventory: 0.00 (As of Jul. 2021)


What is Advanced BioMedical Technologies Days Inventory?

Advanced BioMedical Technologies ABMT Days Inventory is 0.00 as of Jul. 2021.

Days Inventory is also known as Days Sales of Inventory (DSI). Advanced BioMedical Technologies's Average Total Inventories for the three months ended in Jul. 2021 was $0.17 Mil. Advanced BioMedical Technologies's Cost of Goods Sold for the three months ended in Jul. 2021 was $0.00 Mil.

The historical rank and industry rank for Advanced BioMedical Technologies's Days Inventory or its related term are showing as below:

ABMT's Days Inventory is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 179.6
* Ranked among companies with meaningful Days Inventory only.

Advanced BioMedical Technologies's Days Inventory declined from Jul. 2020 (6,615.63) to Jul. 2021 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Advanced BioMedical Technologies's Inventory Turnover for the three months ended in Jul. 2021 was 0.00.

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.

Advanced BioMedical Technologies  (OTCPK:ABMT) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Advanced BioMedical Technologies's Inventory Turnover for the three months ended in Jul. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0 / 0.174
=0.00

2. 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.

Advanced BioMedical Technologies's Inventory to Revenue for the three months ended in Jul. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.174 / 0
=

* 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.

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Advanced BioMedical Technologies Days Inventory Related Terms

Advanced BioMedical Technologies Days Inventory Historical Data

* Premium members only.

The historical data trend for Advanced BioMedical Technologies's Days 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.

Advanced BioMedical Technologies Days Inventory Chart

Advanced BioMedical Technologies Annual Data
Trend Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 2,920.00 575.58

Advanced BioMedical Technologies Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21
Days 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 6,615.63 456.25 1,012.88 0.00 0.00

ABMT vs VYCO, ADMT, THMO: Days Inventory Comparison

For the Medical Devices subindustry, Advanced BioMedical Technologies's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Advanced BioMedical Technologies Days Inventory vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Advanced BioMedical Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Advanced BioMedical Technologies's Days Inventory falls into.


Advanced BioMedical Technologies Days Inventory Calculation

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

Advanced BioMedical Technologies's Days Inventory for the fiscal year that ended in Oct. 2020 is calculated as

Days Inventory (A: Oct. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2019 ) + Total Inventories (A: Oct. 2020 )) / count ) / Cost of Goods Sold (A: Oct. 2020 )*Days in Period
=( (0.064 + 0.1) / 2 ) / 0.052*365
=0.082 / 0.052*365
=575.58

Advanced BioMedical Technologies's Days Inventory for the quarter that ended in Jul. 2021 is calculated as:

Days Inventory (Q: Jul. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Apr. 2021 ) + Total Inventories (Q: Jul. 2021 )) / count ) / Cost of Goods Sold (Q: Jul. 2021 )*Days in Period
=( (0.159 + 0.189) / 2 ) / 0*365 / 4
=0.174 / 0*365 / 4
=N/A

* 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 Days Inventory →
What does a Days Inventory of 0.00 mean?
Advanced BioMedical Technologies (ABMT) has a Days Inventory of 0.00 as of Jul. 2021. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Advanced BioMedical Technologies and its competitors.
Is Advanced BioMedical Technologies' Days Inventory too high?
Advanced BioMedical Technologies' current Days Inventory is 0.00.
How does Advanced BioMedical Technologies' Days Inventory compare to VYCO and ADMT?
Advanced BioMedical Technologies' Days Inventory of 0.00 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Inventory is 179.60. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Medical Devices & Instruments company?
The median Days Inventory among Medical Devices & Instruments companies is 179.60, based on 786 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days 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 Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Advanced BioMedical Technologies and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 179.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced BioMedical Technologies's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced BioMedical Technologies stock overvalued right now?
Advanced BioMedical Technologies (ABMT) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Advanced BioMedical Technologies (ABMT), the current Days Inventory is 0.00 as of Jul. 2021. 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.

Advanced BioMedical Technologies Business Description

Address 535 Fifth Avenue, 4th Floor, New York, NY, USA, 10017
Advanced BioMedical Technologies Inc is engaged in designing, developing, manufacturing, and the planned future marketing of self-reinforced, re-absorbable, biodegradable internal fixation devices. The company manufactures its products using Polyamide, and it is used in a variety of applications, which include orthopaedic trauma, sports-related medical treatment, cartilage injuries, and reconstructive dental procedures. Its Polyamide products include screws, rods, and binding wires consisting of enhanced fibres and high molecular polymers, which are designed to facilitate quick healing of complex fractures in many areas of the human skeletal system.