ULGX (Urologix) Days Inventory: 81.17 (As of Mar. 2015)

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What is Urologix Days Inventory?

Urologix ULGX Days Inventory is 81.17 as of Mar. 2015.

Days Inventory is also known as Days Sales of Inventory (DSI). Urologix's Average Total Inventories for the three months ended in Mar. 2015 was $1.32 Mil. Urologix's Cost of Goods Sold for the three months ended in Mar. 2015 was $1.49 Mil. Hence, Urologix's Days Inventory for the three months ended in Mar. 2015 was 81.17.

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

ULGX's Days Inventory is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 176.755
* Ranked among companies with meaningful Days Inventory only.

Urologix's Days Inventory increased from Mar. 2014 (48.74) to Mar. 2015 (81.17). It might indicate that Urologix's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Urologix's Inventory Turnover for the three months ended in Mar. 2015 was 1.12.

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. Urologix's Inventory-to-Revenue for the three months ended in Mar. 2015 was 0.47.


Urologix  (OTCPK:ULGX) 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.

Urologix's Inventory Turnover for the three months ended in Mar. 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.

Urologix's Inventory to Revenue for the three months ended in Mar. 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.


Urologix Days Inventory Related Terms


Urologix Days Inventory Historical Data

* Premium members only.

The historical data trend for Urologix'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.

Urologix Days Inventory Chart

Urologix Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.71 79.45 54.36 65.54 66.53

Urologix Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 48.74 72.48 79.34 74.50 81.17

ULGX vs MFST, GTHP, ESMC: Days Inventory Comparison

For the Medical Devices subindustry, Urologix'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.


Urologix Days Inventory vs Medical Devices & Instruments Industry

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

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



Urologix Days Inventory Calculation

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

Urologix's Days Inventory for the fiscal year that ended in Jun. 2014 is calculated as

Days Inventory (A: Jun. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2013 ) + Total Inventories (A: Jun. 2014 )) / count ) / Cost of Goods Sold (A: Jun. 2014 )*Days in Period
=( (1.571 + 1.397) / 2 ) / 8.142*365
=1.484 / 8.142*365
=66.53

Urologix's Days Inventory for the quarter that ended in Mar. 2015 is calculated as:

Days Inventory (Q: Mar. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2014 ) + Total Inventories (Q: Mar. 2015 )) / count ) / Cost of Goods Sold (Q: Mar. 2015 )*Days in Period
=( (1.323 + 1.319) / 2 ) / 1.485*365 / 4
=1.321 / 1.485*365 / 4
=81.17

* 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 81.17 mean?
Urologix (ULGX) has a Days Inventory of 81.17 as of Mar. 2015. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Urologix and its competitors.
Is Urologix's Days Inventory too high?
Urologix's current Days Inventory is 81.17. The Medical Devices & Instruments industry median Days Inventory is 176.76. Urologix's value of 81.17 is 54.1% below this industry median.
How does Urologix's Days Inventory compare to MFST and GTHP?
Urologix's Days Inventory of 81.17 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Inventory is 176.76. Urologix's value of 81.17 is 54.1% 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 176.76, based on 788 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. Urologix's current Days Inventory of 81.17 is 54.1% 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 Urologix and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 176.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Urologix's current Days Inventory is 81.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Urologix stock overvalued right now?
Urologix (ULGX) has a current Days Inventory of 81.17. The current Days Inventory is 81.17 and 54.1% below the Medical Devices & Instruments industry median of 176.76. 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 Urologix (ULGX), the current Days Inventory is 81.17 as of Mar. 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.

Urologix Business Description

Address 14405 21st Avenue North, Suite 110, Minneapolis, MN, USA, 55447
Urologix Inc is a United States-based company engaged in the development, manufacturing, and marketing of minimally invasive medical products for the treatment of obstruction and symptoms due to Benign Prostatic Hyperplasia (BPH). The firm markets the Cooled ThermoTherapy (CTC) product line and the Prostiva Radio Frequency (RF) Therapy System (Prostiva). The CTC produces targeted microwave energy combined with a cooling mechanism to protect healthy tissue and enhance patient comfort. The Prostiva delivers radio frequency energy directly into the prostate destroying prostate tissue, reducing constriction of the urethra, and thereby relieving BPH voiding symptoms. The CTC product line includes the CoolWave and Targis Control Units and the CTC Advance catheter.