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Acurity Health Group (NZSE:ACY) Inventory-to-Revenue : 0.04 (As of Mar. 2014)


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What is Acurity Health Group 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. Acurity Health Group's Average Total Inventories for the quarter that ended in Mar. 2014 was NZ$2.15 Mil. Acurity Health Group's Revenue for the six months ended in Mar. 2014 was NZ$48.54 Mil. Acurity Health Group's Inventory-to-Revenue for the quarter that ended in Mar. 2014 was 0.04.

Acurity Health Group's Inventory-to-Revenue for the quarter that ended in Mar. 2014 increased from Sep. 2013 (0.04) to Sep. 2013 (0.04)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Acurity Health Group's Days Inventory for the six months ended in Mar. 2014 was 38.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. Acurity Health Group's Inventory Turnover for the quarter that ended in Mar. 2014 was 4.71.


Acurity Health Group Inventory-to-Revenue Historical Data

The historical data trend for Acurity Health Group'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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Acurity Health Group Inventory-to-Revenue Chart

Acurity Health Group Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.02 0.02 0.02

Acurity Health Group Semi-Annual Data
Mar02 Mar03 Sep03 Mar04 Sep04 Mar05 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14
Inventory-to-Revenue 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 0.05 0.04 0.05 0.04 0.04

Competitive Comparison of Acurity Health Group's Inventory-to-Revenue

For the Medical Care Facilities subindustry, Acurity Health Group'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.


Acurity Health Group's Inventory-to-Revenue Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Acurity Health Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Acurity Health Group's Inventory-to-Revenue falls into.



Acurity Health Group Inventory-to-Revenue Calculation

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.

Acurity Health Group's Inventory-to-Revenue for the fiscal year that ended in Mar. 2014 is calculated as

Inventory-to-Revenue (A: Mar. 2014 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2013 ) + Total Inventories (A: Mar. 2014 )) / count ) / Revenue (A: Mar. 2014 )
=( (1.686 + 2.124) / 2 ) / 96.577
=1.905 / 96.577
=0.02

Acurity Health Group's Inventory-to-Revenue for the quarter that ended in Mar. 2014 is calculated as

Inventory-to-Revenue (Q: Mar. 2014 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2013 ) + Total Inventories (Q: Mar. 2014 )) / count ) / Revenue (Q: Mar. 2014 )
=( (2.172 + 2.124) / 2 ) / 48.543
=2.148 / 48.543
=0.04

* 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.


Acurity Health Group  (NZSE:ACY) 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:

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.

Acurity Health Group's Days Inventory for the six months ended in Mar. 2014 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2014 )/Cost of Goods Sold (Q: Mar. 2014 )*Days in Period
=2.148/10.116*365 / 2
=38.75

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

Acurity Health Group's Inventory Turnover for the quarter that ended in Mar. 2014 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2014 ) / Average Total Inventories (Q: Mar. 2014 )
=10.116 / 2.148
=4.71

* 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.


Acurity Health Group Inventory-to-Revenue Related Terms

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Acurity Health Group (NZSE:ACY) Business Description

Traded in Other Exchanges
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Address
Acurity Health Group Ltd provides private surgical healthcare services. It owns and operates approximately three private surgical hospitals. Its surgical services include cosmetic surgery, hip and knee replacement, and hernia surgery, among others.

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