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SheerVision (SheerVision) Days Inventory : 118.54 (As of May. 2010)


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What is SheerVision Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SheerVision's Average Total Inventories for the three months ended in May. 2010 was $0.40 Mil. SheerVision's Cost of Goods Sold for the three months ended in May. 2010 was $0.31 Mil. Hence, SheerVision's Days Inventory for the three months ended in May. 2010 was 118.54.

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

SVSO's Days Inventory is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 193.045
* Ranked among companies with meaningful Days Inventory only.

SheerVision's Days Inventory increased from May. 2009 (110.85) to May. 2010 (118.54). It might indicate that SheerVision's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SheerVision's Inventory Turnover for the three months ended in May. 2010 was 0.77.

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. SheerVision's Inventory-to-Revenue for the three months ended in May. 2010 was 0.42.


SheerVision Days Inventory Historical Data

The historical data trend for SheerVision'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.

SheerVision Days Inventory Chart

SheerVision Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Aug06 Aug07 Aug08 Aug09
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 89.08 78.49 65.26 81.94

SheerVision Quarterly Data
Jun05 Sep05 Dec05 Mar06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10
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 110.85 137.66 276.03 129.15 118.54

Competitive Comparison of SheerVision's Days Inventory

For the Medical Instruments & Supplies subindustry, SheerVision'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.


SheerVision's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

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



SheerVision Days Inventory Calculation

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

SheerVision's Days Inventory for the fiscal year that ended in Aug. 2009 is calculated as

Days Inventory (A: Aug. 2009 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2008 ) + Total Inventories (A: Aug. 2009 )) / count ) / Cost of Goods Sold (A: Aug. 2009 )*Days in Period
=( (0.254 + 0.34) / 2 ) / 1.323*365
=0.297 / 1.323*365
=81.94

SheerVision's Days Inventory for the quarter that ended in May. 2010 is calculated as:

Days Inventory (Q: May. 2010 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Feb. 2010 ) + Total Inventories (Q: May. 2010 )) / count ) / Cost of Goods Sold (Q: May. 2010 )*Days in Period
=( (0.35 + 0.458) / 2 ) / 0.311*365 / 4
=0.404 / 0.311*365 / 4
=118.54

* 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.


SheerVision  (OTCPK:SVSO) 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.

SheerVision's Inventory Turnover for the three months ended in May. 2010 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.

SheerVision's Inventory to Revenue for the three months ended in May. 2010 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.


SheerVision Days Inventory Related Terms

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


SheerVision (SheerVision) Business Description

Traded in Other Exchanges
N/A
Address
4030 Palos Verdes Drive N., Suite 104, Rolling Hills, CA, USA, 90274
SheerVision Inc designs, manufactures, markets, and sells proprietary surgical loupes and headlight systems to the dental, medical, and veterinary markets throughout the world. The company sells its products through distributors and e-commerce Website.

SheerVision (SheerVision) Headlines

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