INIS (International Isotopes) Inventory Turnover : 1.90 (As of Dec. 2024)

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What is International Isotopes 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. International Isotopes's Cost of Goods Sold for the three months ended in Dec. 2024 was $1.59 Mil. International Isotopes's Average Total Inventories for the quarter that ended in Dec. 2024 was $0.83 Mil. International Isotopes's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. International Isotopes's Days Inventory for the three months ended in Dec. 2024 was 47.93.

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. International Isotopes's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.21.

International Isotopes Inventory Turnover Historical Data

The historical data trend for International Isotopes'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.

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International Isotopes Inventory Turnover Chart

International Isotopes Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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1.83

4.45

5.86

5.85

6.01

International Isotopes Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															1.42	1.12	1.41	1.91	1.90

International Isotopes Inventory Turnover Calculation

International Isotopes's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	5.251	/ (	(0.927	+	0.821)	/	2 )
=	5.251	/	0.874
=	6.01

International Isotopes's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	1.586	/ (	(0.845	+	0.821)	/	2 )
=	1.586	/	0.833
=	1.90

International Isotopes (OTCPK:INIS) 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.

International Isotopes's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	0.833	/	1.586	*	365 / 4
	=	47.93

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.

International Isotopes's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	0.833	/	3.902
	=	0.21

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.

International Isotopes Inventory Turnover Related Terms

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International Isotopes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » International Isotopes Inc (OTCPK:INIS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

4137 Commerce Circle, Idaho Falls, ID, USA, 83401

Website

https://www.intisoid.com

International Isotopes Inc manufactures a full range of nuclear medicine calibration and reference standards, cobalt teletherapy sources, and other sealed sources. International Isotopes also distributes a varied selection of radioisotopes and radiochemicals for medical and clinical research, and pharmacy compounding. International Isotopes's business consists of four business segments: Nuclear Medicine Standards, Cobalt Products, The Theranostics Products Segment, The Medical Devices segment and Fluorine Products. Geographically, it generates the majority of its revenue from Theranostics Products.

Executives

Shahe Bagerdjian	officer: President	4137 COMMERCE CIRCLE, IDAHO FALLS ID 83401
W Matthew Cox	officer: Chief Financial Officer	C/O INTERNATIONAL ISOTOPES INC., 4137 COMMERCE CIRCLE, IDAHO FALLS ID 83401
Christopher G Grosso	director, 10 percent owner	C/O KERSHNER GROSSO & CO, 480 BROADWAY, SARASOTA SPRINGS NY 12866
Robert Atcher	director	4137 COMMERCE CIRCLE, IDAHO FALLS ID 83401
Laurie Mckenzie-carter	officer: Chief Financial Officer	4137 COMMERCE CIRCLE, IDAHO FALLS ID 83401
Steve Laflin	director, officer: Pres. & CEO	1258 E AIRPORT ROAD, BLACKFOOT ID 83221
William W Nicholson	10 percent owner	121 NORTH POST OAK LANE STE 2105, HOUSTON TX 77024
Ralph M Richard	director, 10 percent owner	350 SHORE DRIVE, OAKDALE NY 11769
John M Mccormack	10 percent owner	4137 COMMERCE CIRCLE, IDAHO FALLS ID 83401
Walter D Ohearn	other: Part of 13D group	1115 5TH AVENUE, NEW YORK NY 10128
Keane Marie C & Keane James Jtwros	10 percent owner