GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Theragenics Corporation (FRA:THX) » Definitions » Inventory Turnover

Theragenics (FRA:THX) Inventory Turnover : 0.81 (As of Jun. 2013)


View and export this data going back to . Start your Free Trial

What is Theragenics Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Theragenics's Cost of Goods Sold for the three months ended in Jun. 2013 was €9.50 Mil. Theragenics's Average Total Inventories for the quarter that ended in Jun. 2013 was €11.69 Mil. Theragenics's Inventory Turnover for the quarter that ended in Jun. 2013 was 0.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Theragenics's Days Inventory for the three months ended in Jun. 2013 was 112.29.

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. Theragenics's Inventory-to-Revenue for the quarter that ended in Jun. 2013 was 0.76.


Theragenics Inventory Turnover Historical Data

The historical data trend for Theragenics's Inventory Turnover 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.

* Premium members only.

Theragenics Inventory Turnover Chart

Theragenics Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.87 3.71 4.15 3.48 3.34

Theragenics Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
Inventory Turnover 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 0.85 0.75 0.79 0.84 0.81

Theragenics Inventory Turnover Calculation

Theragenics's Inventory Turnover for the fiscal year that ended in Dec. 2012 is calculated as

Inventory Turnover (A: Dec. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2012 ) / ((Total Inventories (A: Dec. 2011 ) + Total Inventories (A: Dec. 2012 )) / count )
=39.637 / ((11.986 + 11.721) / 2 )
=39.637 / 11.8535
=3.34

Theragenics's Inventory Turnover for the quarter that ended in Jun. 2013 is calculated as

Inventory Turnover (Q: Jun. 2013 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2013 ) / ((Total Inventories (Q: Mar. 2013 ) + Total Inventories (Q: Jun. 2013 )) / count )
=9.498 / ((12.034 + 11.342) / 2 )
=9.498 / 11.688
=0.81

* 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.


Theragenics  (FRA:THX) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Theragenics's Days Inventory for the three months ended in Jun. 2013 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2013 )/Cost of Goods Sold (Q: Jun. 2013 )*Days in Period
=11.688/9.498*365 / 4
=112.29

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.

Theragenics's Inventory to Revenue for the quarter that ended in Jun. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2013 ) / Revenue (Q: Jun. 2013 )
=11.688 / 15.387
=0.76

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Theragenics Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Theragenics's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Theragenics (FRA:THX) Business Description

Traded in Other Exchanges
N/A
Address
Theragenics Corporation is a Delaware Corporation formed in 1981. It is a medical device company serving the surgical products and cancer treatment markets, operate in two business segments; the surgical products segment and the brachytherapy seed segment. The Company's surgical products business manufactures markets and sells disposable devices utilized in certain surgical procedures. Its brachytherapy seed business manufactures markets and sells radioactive 'seeds' utilized in the treatment of early stage prostate cancer. Its surgical products business was built through the acquisitions of CP Medical Corp. in May 2005, Galt Medical Corporation in August 2006, and NeedleTech Products, Inc. in July 2008. The Company manufactures almost 3,500 products in this business as part of three broad product platforms; wound closure, vascular access and specialty needles. It serves a number of markets and applications, including, among other areas, interventional cardiology, interventional radiology, vascular surgery, orthopedics, plastic surgery, dental surgery, urology, veterinary medicine, pain management, endoscopy, and spinal surgery. With the exception of veterinary sutures, its surgical products hold relatively small market shares. Its products include both finished goods and components. The Company's products are sold mainly to original equipment manufacturers and to a network of distributors. The Company's facilities and operations are subject to extensive environmental, nuclear, regulatory and occupational health and safety laws at the federal, state and local levels. It is also subject to similar foreign laws and regulations under certain circumstances when its products are distributed outside of the United States.

Theragenics (FRA:THX) Headlines

No Headlines