What is Myos Rens Technology 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. Myos Rens Technology's Average Total Inventories for the quarter that ended in Sep. 2020 was $1.42 Mil. Myos Rens Technology's Revenue for the
three
months ended in Sep. 2020 was $0.49 Mil.
Myos Rens Technology's Inventory-to-Revenue for the quarter that ended in Sep. 2020 was 2.93.
Myos Rens Technology's Inventory-to-Revenue for the quarter that ended in Sep. 2020
declined
from Jun. 2020 (4.63) to Jun. 2020 (2.93)
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.
Myos Rens Technology's Days Inventory for the
three
months ended in Sep. 2020 was 522.85.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Myos Rens Technology's Inventory Turnover for the quarter that ended in Sep. 2020 was 0.17.
Myos Rens Technology Inventory-to-Revenue Historical Data
The historical data trend for Myos Rens Technology'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.
Competitive Comparison of Myos Rens Technology's Inventory-to-Revenue
For the Drug Manufacturers - Specialty & Generic subindustry, Myos Rens Technology'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.
Myos Rens Technology's Inventory-to-Revenue Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Myos Rens Technology's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Myos Rens Technology's Inventory-to-Revenue falls into.
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.
Myos Rens Technology's Inventory-to-Revenue for the fiscal year that ended in Dec. 2019 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.
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:
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.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Myos Rens Technology's Days Inventory for the
three
months ended in Sep. 2020 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.
Myos Rens Technology Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Myos Rens Technology's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Myos Rens Technology (Myos Rens Technology) Business Description
Myos Rens Technology Inc is a US-based bio-nutrition and biotherapeutics company. It focuses on the discovery, development, and commercialization of products that improve muscle health and function essential to the management of sarcopenia, cachexia and degenerative muscle diseases. The company develops nutritional and therapeutic products for maintaining and improving the health and performance of muscle tissue. Its research is focused on developing strategies and therapeutic interventions to address muscle related conditions, including sarcopenia, cachexia, and inherited and acquired muscle diseases such as Sarcopenia, Cachexia, and others.
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