Vasamed (Vasamed) Days Inventory : 159.11 (As of Sep. 2006)

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What is Vasamed Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vasamed's Average Total Inventories for the three months ended in Sep. 2006 was $0.62 Mil. Vasamed's Cost of Goods Sold for the three months ended in Sep. 2006 was $0.36 Mil. Hence, Vasamed's Days Inventory for the three months ended in Sep. 2006 was 159.11.

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

VSMD's Days Inventory is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 193.31
* Ranked among companies with meaningful Days Inventory only.

Vasamed's Days Inventory increased from Sep. 2005 (143.59) to Sep. 2006 (159.11). It might indicate that Vasamed's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vasamed's Inventory Turnover for the three months ended in Sep. 2006 was 0.57.

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. Vasamed's Inventory-to-Revenue for the three months ended in Sep. 2006 was 1.21.

Vasamed Days Inventory Historical Data

The historical data trend for Vasamed'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.

Vasamed Days Inventory Chart

Vasamed Annual Data

Trend

Dec96

Dec97

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Days Inventory

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224.88

50.17

56.71

80.65

Vasamed Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
Days Inventory	Get a 7-Day Free Trial															143.59	97.96	112.30	119.89	159.11

Competitive Comparison of Vasamed's Days Inventory

For the Medical Instruments & Supplies subindustry, Vasamed'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.

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

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

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

Vasamed Days Inventory Calculation

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

Vasamed's Days Inventory for the fiscal year that ended in Dec. 2005 is calculated as

	Days Inventory (A: Dec. 2005 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2004 )	+	Total Inventories (A: Dec. 2005 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2005 )	*	Days in Period
=	( (0.194	+	0.449)	/	2 )	/	1.455	*	365
=	0.3215					/	1.455	*	365
=	80.65

Vasamed's Days Inventory for the quarter that ended in Sep. 2006 is calculated as:

	Days Inventory (Q: Sep. 2006 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2006 )	+	Total Inventories (Q: Sep. 2006 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2006 )	*	Days in Period
=	( (0.542	+	0.703)	/	2 )	/	0.357	*	365 / 4
=	0.6225					/	0.357	*	365 / 4
=	159.11

Vasamed (OTCPK:VSMD) 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.

Vasamed's Inventory Turnover for the three months ended in Sep. 2006 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.357	/	0.6225
	=	0.57

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.

Vasamed's Inventory to Revenue for the three months ended in Sep. 2006 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.6225	/	0.513
	=	1.21

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.

Vasamed Days Inventory Related Terms

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

Vasamed (Vasamed) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Vasamed Inc (OTCPK:VSMD) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

7615 Golden Triangle Drive, Suite A, Eden Prairie, MN, USA, 55344-3733

Website

http://www.vasamed.com

Vasamed Inc develops, manufactures and markets low-cost, non-invasive peripheral and cardiovascular diagnostic systems for hemodynamic assessment.

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