Acurity Health Group (NZSE:ACY) Days Inventory : 38.75 (As of Mar. 2014)

Acurity Health Group Days Inventory Chart

Acurity Health Group Annual Data
	Trend	Mar05	Mar06	Mar07	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14
Days Inventory		Get a 7-Day Free Trial					46.05	42.24	35.87	34.25	32.61

Acurity Health Group Semi-Annual Data
	Mar02	Mar03	Sep03	Mar04	Sep04	Mar05	Sep07	Mar08	Sep08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14
Days Inventory	Get a 7-Day Free Trial															36.18	33.09	34.23	31.42	38.75

Competitive Comparison of Acurity Health Group's Days Inventory

For the Medical Care Facilities subindustry, Acurity Health Group'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.

Acurity Health Group's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Acurity Health Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Acurity Health Group's Days Inventory falls into.

Acurity Health Group Days Inventory Calculation

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

Acurity Health Group's Days Inventory for the fiscal year that ended in Mar. 2014 is calculated as

Acurity Health Group's Days Inventory for the quarter that ended in Mar. 2014 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.

Acurity Health Group  (NZSE:ACY) 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.

Acurity Health Group's Inventory Turnover for the six months ended in Mar. 2014 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.

Acurity Health Group's Inventory to Revenue for the six months ended in Mar. 2014 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.

Acurity Health Group Days Inventory Related Terms

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Acurity Health Group (NZSE:ACY) Business Description