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. Staar Surgical Co's Average Total Inventories for the quarter that ended in Dec. 2023 was $33.1 Mil. Staar Surgical Co's Revenue for the
three
months ended in Dec. 2023 was $76.3 Mil.
Staar Surgical Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.43.
Staar Surgical Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.35) to Sep. 2023 (0.43)
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.
Staar Surgical Co's Days Inventory for the
three
months ended in Dec. 2023 was 194.23.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Staar Surgical Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.47.
Staar Surgical Co Inventory-to-Revenue Historical Data
The historical data trend for Staar Surgical Co'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 Staar Surgical Co's Inventory-to-Revenue
For the Medical Instruments & Supplies subindustry, Staar Surgical Co'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.
Staar Surgical Co's Inventory-to-Revenue Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Staar Surgical Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Staar Surgical Co's Inventory-to-Revenue falls into.
Staar Surgical Co 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.
Staar Surgical Co's Inventory-to-Revenue 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.
Staar Surgical Co (NAS:STAA) 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.
Staar Surgical Co's Days Inventory for the
three
months 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.
Staar Surgical Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Staar Surgical Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Staar Surgical Co (Staar Surgical Co) Business Description
Staar Surgical Co is a manufacturer of lenses. It designs, develops, manufactures, and sells implantable lenses for the eye and delivery systems used to deliver the lenses into the eye. The company also make lenses which are used in surgery that treats cataracts. The company offers products are ICLs used in refractive surgery and IOLs used in cataract surgery. The company generated sales are from the ophthalmic surgical product segment.
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