Days Inventory is also known as Days Sales of Inventory (DSI). BG Medicine's Average Total Inventories for the
three
months ended in Dec. 2015 was $0.18 Mil. BG Medicine's Cost of Goods Sold for the
three
months ended in Dec. 2015 was $0.08 Mil.
Hence, BG Medicine's Days Inventory for the
three
months ended in Dec. 2015 was 204.76.
The historical rank and industry rank for BG Medicine's Days Inventory or its related term are showing as below:
BGMD's Days Inventory is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 179.6 * Ranked among companies with meaningful Days Inventory only.
BG Medicine's Days Inventory
increased
from Dec. 2014 (180.12) to Dec. 2015 (204.76).
It might indicate that BG Medicine's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
BG Medicine's Inventory Turnover for the
three
months ended in Dec. 2015 was 0.45.
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.
BG Medicine's Inventory-to-Revenue for the
three
months ended in Dec. 2015 was 0.63.
BG Medicine (OTCPK:BGMD) 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.
BG Medicine's Inventory Turnover for the
three
months ended in Dec. 2015 is calculated as
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.
BG Medicine's Inventory to Revenue for the
three
months ended in Dec. 2015 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.
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.
BG Medicine Days Inventory Related Terms
BG Medicine Days Inventory Historical Data
* Premium members only.
The historical data trend for BG Medicine'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.
BGMD vs LENSF, WHSI, ASNB: Days Inventory Comparison
For the Medical Instruments & Supplies subindustry, BG Medicine'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.
BG Medicine Days Inventory vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, BG Medicine's Days Inventory distribution charts can be found below:
* The bar in red indicates where BG Medicine's Days Inventory falls into.
* 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.
BG Medicine (BGMD) has a Days Inventory of 204.76 as of Dec. 2015. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on BG Medicine and its competitors.
Is BG Medicine's Days Inventory too high?
BG Medicine's current Days Inventory is 204.76. The Medical Devices & Instruments industry median Days Inventory is 179.60. BG Medicine's value of 204.76 is 14% above this industry median.
How does BG Medicine's Days Inventory compare to LENSF and WHSI?
BG Medicine's Days Inventory of 204.76 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Inventory is 179.60. BG Medicine's value of 204.76 is 14% above this benchmark. 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. BG Medicine's current Days Inventory of 204.76 is 14% above the industry median. 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 BG Medicine 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. BG Medicine's current Days Inventory is 204.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BG Medicine stock overvalued right now?
BG Medicine (BGMD) has a current Days Inventory of 204.76. The current Days Inventory is 204.76 and 14% above the Medical Devices & Instruments industry median of 179.60. 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 BG Medicine (BGMD), the current Days Inventory is 204.76 as of Dec. 2015. 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.
BG Medicine Inc manufacture and sell diagnostic products that are used to guide the patients suffering from heart failure and related disorders in the United States. It distributes its products such as BGM Galectin-3 Test, an in vitro diagnostic device that measures galectin-3 in serum or plasma by enzyme-linked immunosorbent assay on a microtiter plate platform; and CardioSCORE Test, a multi-analyte biomarker-based blood test used for the assessment of near-term risk of atherothrombotic cardiovascular events, such as heart attack and ischemic stroke.
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