LCDX (Caliber Imaging & Diagnostics) Days Inventory: 109.28 (As of Mar. 2014)


What is Caliber Imaging & Diagnostics Days Inventory?

Caliber Imaging & Diagnostics LCDX Days Inventory is 109.28 as of Mar. 2014.

Days Inventory is also known as Days Sales of Inventory (DSI). Caliber Imaging & Diagnostics's Average Total Inventories for the three months ended in Mar. 2014 was $0.86 Mil. Caliber Imaging & Diagnostics's Cost of Goods Sold for the three months ended in Mar. 2014 was $0.72 Mil. Hence, Caliber Imaging & Diagnostics's Days Inventory for the three months ended in Mar. 2014 was 109.28.

The historical rank and industry rank for Caliber Imaging & Diagnostics's Days Inventory or its related term are showing as below:

LCDX's Days Inventory is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 179.86
* Ranked among companies with meaningful Days Inventory only.

Caliber Imaging & Diagnostics's Days Inventory increased from Mar. 2013 (102.34) to Mar. 2014 (109.28). It might indicate that Caliber Imaging & Diagnostics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Caliber Imaging & Diagnostics's Inventory Turnover for the three months ended in Mar. 2014 was 0.83.

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. Caliber Imaging & Diagnostics's Inventory-to-Revenue for the three months ended in Mar. 2014 was 1.00.

Caliber Imaging & Diagnostics  (OTCPK:LCDX) 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.

Caliber Imaging & Diagnostics's Inventory Turnover for the three months ended in Mar. 2014 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.716 / 0.8575
=0.83

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.

Caliber Imaging & Diagnostics's Inventory to Revenue for the three months ended in Mar. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.8575 / 0.858
=1.00

* 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.

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.

Caliber Imaging & Diagnostics Days Inventory Related Terms

Caliber Imaging & Diagnostics Days Inventory Historical Data

* Premium members only.

The historical data trend for Caliber Imaging & Diagnostics'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.

Caliber Imaging & Diagnostics Days Inventory Chart

Caliber Imaging & Diagnostics Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Days Inventory
114.13 110.17 104.96 125.82 111.05

Caliber Imaging & Diagnostics Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 102.34 107.73 96.14 80.67 109.28

LCDX vs VICA, CRVW, RSLS: Days Inventory Comparison

For the Medical Devices subindustry, Caliber Imaging & Diagnostics'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.

Caliber Imaging & Diagnostics Days Inventory vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Caliber Imaging & Diagnostics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Caliber Imaging & Diagnostics's Days Inventory falls into.


Caliber Imaging & Diagnostics Days Inventory Calculation

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

Caliber Imaging & Diagnostics's Days Inventory for the fiscal year that ended in Dec. 2013 is calculated as

Days Inventory (A: Dec. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2012 ) + Total Inventories (A: Dec. 2013 )) / count ) / Cost of Goods Sold (A: Dec. 2013 )*Days in Period
=( (0.926 + 0.709) / 2 ) / 2.687*365
=0.8175 / 2.687*365
=111.05

Caliber Imaging & Diagnostics's Days Inventory for the quarter that ended in Mar. 2014 is calculated as:

Days Inventory (Q: Mar. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2013 ) + Total Inventories (Q: Mar. 2014 )) / count ) / Cost of Goods Sold (Q: Mar. 2014 )*Days in Period
=( (0.709 + 1.006) / 2 ) / 0.716*365 / 4
=0.8575 / 0.716*365 / 4
=109.28

* 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 109.28 mean?
Caliber Imaging & Diagnostics (LCDX) has a Days Inventory of 109.28 as of Mar. 2014. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Caliber Imaging & Diagnostics and its competitors.
Is Caliber Imaging & Diagnostics' Days Inventory too high?
Caliber Imaging & Diagnostics' current Days Inventory is 109.28. The Medical Devices & Instruments industry median Days Inventory is 179.86. Caliber Imaging & Diagnostics' value of 109.28 is 39.2% below this industry median.
How does Caliber Imaging & Diagnostics' Days Inventory compare to VICA and CRVW?
Caliber Imaging & Diagnostics' Days Inventory of 109.28 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Inventory is 179.86. Caliber Imaging & Diagnostics' value of 109.28 is 39.2% below 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 179.86, 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. Caliber Imaging & Diagnostics's current Days Inventory of 109.28 is 39.2% below 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 Caliber Imaging & Diagnostics and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 179.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caliber Imaging & Diagnostics's current Days Inventory is 109.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caliber Imaging & Diagnostics stock overvalued right now?
Caliber Imaging & Diagnostics (LCDX) has a current Days Inventory of 109.28. The current Days Inventory is 109.28 and 39.2% below the Medical Devices & Instruments industry median of 179.86. 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 Caliber Imaging & Diagnostics (LCDX), the current Days Inventory is 109.28 as of Mar. 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.

Caliber Imaging & Diagnostics Business Description

Address 50 Methodist Hill Drive, Suite 1000, Rochester, NY, USA, 14623
Caliber Imaging & Diagnostics Inc is a medical device company engaged in developing, manufacturing, marketing & selling point-of-care cellular imaging systems to diagnose skin cancer. It offers clinical imaging and research imaging solutions that shows tissue at the cellular level. Its products portfolio includes; VivaScope; VivaScope 3000, 1500 & 2500; and VivaNet and VivaScan.