The historical rank and industry rank for Catheter Precision's Days Inventory or its related term are showing as below:
VTAK'
s Days Inventory Range Over the Past 10 Years
Min: 90.53 Med: 180.42 Max: 2235.34
Current: 511
During the past 8 years, Catheter Precision's highest Days Inventory was 2235.34. The lowest was 90.53. And the median was 180.42.
VTAK's Days Inventory is ranked worse than 87.64% of 785
companies
in the Medical Devices & Instruments industry
Industry Median: 185.27
vs VTAK: 511.00
Catheter Precision's Days Inventory
declined
from Sep. 2023 (935.31) to Sep. 2024 (433.44).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Catheter Precision's Inventory Turnover for the
three
months ended in Sep. 2024 was 0.21.
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.
Catheter Precision's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 0.49.
Catheter Precision Days Inventory Historical Data
The historical data trend for Catheter Precision'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.
Competitive Comparison of Catheter Precision's Days Inventory
For the Medical Devices subindustry, Catheter Precision'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.
Catheter Precision's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Catheter Precision's Days Inventory distribution charts can be found below:
* The bar in red indicates where Catheter Precision's Days Inventory falls into.
Catheter Precision Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Catheter Precision's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Catheter Precision (AMEX:VTAK) 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.
Catheter Precision's Inventory Turnover for the
three
months ended in Sep. 2024 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.
Catheter Precision's Inventory to Revenue for the
three
months ended in Sep. 2024 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.
Catheter Precision Days Inventory Related Terms
Thank you for viewing the detailed overview of Catheter Precision's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Catheter Precision Inc is engaged in design, manufacture and sale of new and innovative medical technologies primarily focused in the field of cardiac electrophysiology, or EP. The Company's primary product is the View into Ventricular Onset System (VIVO or VIVO System) which is a non-invasive imaging system that offers 3D cardiac mapping to help with localizing the sites of origin of idiopathic ventricular arrhythmias in patients with structurally normal hearts prior to EP procedures. The VIVO system has achieved a CE Mark allowing it to be commercialized in the European Union and has been placed at several hospitals in Europe. Its newest product, the Surgical Vessel Closing Pressure Device (LockeT), is a suture retention device indicated for wound healing by distributing suture tension.
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