G Medical Innovations Holdings (G Medical Innovations Holdings) Inventory-to-Revenue : 0.60 (As of Dec. 2022)

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What is G Medical Innovations Holdings Inventory-to-Revenue?

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. G Medical Innovations Holdings's Average Total Inventories for the quarter that ended in Dec. 2022 was $1.32 Mil. G Medical Innovations Holdings's Revenue for the six months ended in Dec. 2022 was $2.20 Mil. G Medical Innovations Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.60.

G Medical Innovations Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2022 declined from Jun. 2022 (0.61) to Jun. 2022 (0.60)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. G Medical Innovations Holdings's Inventory Turnover for the quarter that ended in Dec. 2022 was -2.67.

G Medical Innovations Holdings Inventory-to-Revenue Historical Data

The historical data trend for G Medical Innovations Holdings's Inventory-to-Revenue 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.

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G Medical Innovations Holdings Inventory-to-Revenue Chart

G Medical Innovations Holdings Annual Data

Trend

Sep16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory-to-Revenue

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0.26

0.16

0.05

0.07

G Medical Innovations Holdings Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Inventory-to-Revenue	Get a 7-Day Free Trial							0.04	0.02	0.10	0.61	0.60

Competitive Comparison of G Medical Innovations Holdings's Inventory-to-Revenue

For the Medical Instruments & Supplies subindustry, G Medical Innovations Holdings's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.

G Medical Innovations Holdings's Inventory-to-Revenue Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, G Medical Innovations Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where G Medical Innovations Holdings's Inventory-to-Revenue falls into.

G Medical Innovations Holdings Inventory-to-Revenue Calculation

G Medical Innovations Holdings's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory-to-Revenue (A: Dec. 2022 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )
=	( (0.355	+	0.292)	/	2 )	/	4.42
=	0.3235					/	4.42
=	0.07

G Medical Innovations Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2022 is calculated as

	Inventory-to-Revenue (Q: Dec. 2022 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )	/	Revenue (Q: Dec. 2022 )
=	( (2.338	+	0.292)	/	2 )	/	2.196
=	1.315					/	2.196
=	0.60

G Medical Innovations Holdings (OTCPK:GMVDF) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

More Related Terms:

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

G Medical Innovations Holdings's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2022 )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
	=	1.315	/	-3.505	*	365 / 2
	=

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

G Medical Innovations Holdings's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2022 )	/	Average Total Inventories (Q: Dec. 2022 )
	=	-3.505	/	1.315
	=	-2.67

G Medical Innovations Holdings Inventory-to-Revenue Related Terms

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G Medical Innovations Holdings (G Medical Innovations Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » G Medical Innovations Holdings Ltd (OTCPK:GMVDF) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Oppenheimer Street, Rehovot, ISR, 7670105

Website

https://www.gmedinnovations.com

G Medical Innovations Holdings Ltd is a mobile health (mHealth), telemedicine solutions, and monitoring service platforms. It develops and markets clinical and consumer medical-grade health monitoring solutions and offers end-to-end support for e-health projects. The company offers a suite of both consumer and clinical grade products and platforms which are positioned to reduce inefficiencies in healthcare delivery, improve access, reduce costs, increase the quality of care, and make healthcare more personalized and precise. Its operating segment includes Products, Patient Services, and Covid-19 testing. The company generates maximum revenue from the Patient Services segment.

Executives

Awm Investment Company, Inc.

10 percent owner

527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022