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Ovivo (LVGAF) Days Inventory : 18.33 (As of Jun. 2016)


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What is Ovivo Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ovivo's Average Total Inventories for the three months ended in Jun. 2016 was $9.8 Mil. Ovivo's Cost of Goods Sold for the three months ended in Jun. 2016 was $48.8 Mil. Hence, Ovivo's Days Inventory for the three months ended in Jun. 2016 was 18.33.

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

LVGAF's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 120.59
* Ranked among companies with meaningful Days Inventory only.

Ovivo's Days Inventory declined from Jun. 2015 (22.00) to Jun. 2016 (18.33).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ovivo's Inventory Turnover for the three months ended in Jun. 2016 was 4.98.

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. Ovivo's Inventory-to-Revenue for the three months ended in Jun. 2016 was 0.15.


Ovivo Days Inventory Historical Data

The historical data trend for Ovivo'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.

* Premium members only.

Ovivo Days Inventory Chart

Ovivo Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.85 30.02 54.53 41.36 20.28

Ovivo Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 22.00 21.50 24.39 18.07 18.33

Competitive Comparison of Ovivo's Days Inventory

For the Pollution & Treatment Controls subindustry, Ovivo'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.


Ovivo's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ovivo's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ovivo's Days Inventory falls into.



Ovivo Days Inventory Calculation

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

Ovivo's Days Inventory for the fiscal year that ended in Mar. 2016 is calculated as

Days Inventory (A: Mar. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2015 ) + Total Inventories (A: Mar. 2016 )) / count ) / Cost of Goods Sold (A: Mar. 2016 )*Days in Period
=( (11.714 + 9.356) / 2 ) / 189.577*365
=10.535 / 189.577*365
=20.28

Ovivo's Days Inventory for the quarter that ended in Jun. 2016 is calculated as:

Days Inventory (Q: Jun. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2016 ) + Total Inventories (Q: Jun. 2016 )) / count ) / Cost of Goods Sold (Q: Jun. 2016 )*Days in Period
=( (9.356 + 10.266) / 2 ) / 48.833*365 / 4
=9.811 / 48.833*365 / 4
=18.33

* 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.


Ovivo  (OTCPK:LVGAF) 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.

Ovivo's Inventory Turnover for the three months ended in Jun. 2016 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.

Ovivo's Inventory to Revenue for the three months ended in Jun. 2016 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.


Ovivo Days Inventory Related Terms

Thank you for viewing the detailed overview of Ovivo's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Ovivo (LVGAF) Business Description

Traded in Other Exchanges
N/A
Address
Ovivo Inc was incorporated in May 15, 2007 in Canada. The Company is a provider of technological solutions used in water treatment well as in pulp and paper production. The Corporation operates in more than 25 countries. The Company and its subsidiaries conduct their activities in two main groups: Ovivo and GL&V Pulp and Paper. The Water Treatment Group (Ovivo) designs and markets treatment and recycling solutions and components for municipal and industrial wastewater as well as water used in various industrial processes. The Group also develops seawater desalination technologies and offers water intake screening solutions for power stations, refineries and water desalination facilities. With its technological portfolio, it is positioned to provide comprehensive solutions for the filtration, clarification, treatment and purification of water to be returned into the environment, re-used in various industrial processes or used for domestic purposes. The pulp and paper Group designs and markets equipment used in various stages of paper production, from pulp preparation to sheet formation and finishing. It also serves with rebuilding, upgrading and optimization services for existing equipment, as well as the sale of replacement parts. The Company operates in following geographic segment: United States, Canada, United Kingdom, Other - Europe and Russia, Asia and Asia-Pacific, Middle East and Africa & Latin America.