Ultrasis (LSE:ULT) Inventory Turnover: 44.50 (As of Jul. 2014)


What is Ultrasis Inventory Turnover?

Ultrasis LSE:ULT Inventory Turnover is 44.50 as of Jul. 2014. The stock has 2 warning signs investors should review.

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. Ultrasis's Cost of Goods Sold for the six months ended in Jul. 2014 was £0.27 Mil. Ultrasis's Average Total Inventories for the quarter that ended in Jul. 2014 was £0.01 Mil. Ultrasis's Inventory Turnover for the quarter that ended in Jul. 2014 was 44.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ultrasis's Days Inventory for the six months ended in Jul. 2014 was 4.10.

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. Ultrasis's Inventory-to-Revenue for the quarter that ended in Jul. 2014 was 0.00.

Ultrasis  (LSE:ULT) 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.

Ultrasis's Days Inventory for the six months ended in Jul. 2014 is calculated as:

Days Inventory =Average Total Inventories (Q: Jul. 2014 )/Cost of Goods Sold (Q: Jul. 2014 )*Days in Period
=0.006/0.267*365 / 2
=4.10

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.

Ultrasis's Inventory to Revenue for the quarter that ended in Jul. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2014 ) / Revenue (Q: Jul. 2014 )
=0.006 / 1.833
=0.00

* 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.

Ultrasis Inventory Turnover Related Terms

Ultrasis Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Ultrasis'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.

Ultrasis Inventory Turnover Chart

Ultrasis Annual Data
Trend Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.21 3.38 0.00 0.00 44.50

Ultrasis Semi-Annual Data
Jul96 Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14
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 3.21 3.38 0.00 0.00 44.50

Ultrasis Inventory Turnover Calculation

Ultrasis's Inventory Turnover for the fiscal year that ended in Jul. 2014 is calculated as

Inventory Turnover (A: Jul. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jul. 2014 ) / ((Total Inventories (A: Jul. 2013 ) + Total Inventories (A: Jul. 2014 )) / count )
=0.267 / ((0 + 0.006) / 1 )
=0.267 / 0.006
=44.50

Ultrasis's Inventory Turnover for the quarter that ended in Jul. 2014 is calculated as

Inventory Turnover (Q: Jul. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jul. 2014 ) / ((Total Inventories (Q: Jul. 2013 ) + Total Inventories (Q: Jul. 2014 )) / count )
=0.267 / ((0 + 0.006) / 1 )
=0.267 / 0.006
=44.50

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 44.50 mean?
Ultrasis (LSE:ULT) has a Inventory Turnover of 44.50 as of Jul. 2014. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Ultrasis and its competitors.
Is Ultrasis' Inventory Turnover too high?
Ultrasis' current Inventory Turnover is 44.50.
How does Ultrasis' Inventory Turnover compare to competitors?
Ultrasis' Inventory Turnover of 44.50 can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Healthcare Providers & Services company?
A good Inventory Turnover depends on the Healthcare Providers & Services industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Ultrasis and its competitors. Ultrasis's current Inventory Turnover is 44.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultrasis stock overvalued right now?
Ultrasis (LSE:ULT) has a current Inventory Turnover of 44.50. The current Inventory Turnover is 44.50. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Ultrasis (LSE:ULT), the current Inventory Turnover is 44.50 as of Jul. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ultrasis Business Description

Ultrasis PLC was incorporated in November 23, 1981. The Company through its subsidiary provides healthcare products and services provided via the medium of technology or face to face, that help people maintain, regain and improve their physical, psychological and social well-being. Its product includes Beating the Blues(r), GetFit Wellness, My Brain Solutions, The Relief Series, Drink & Drug Wise, Calm Workplace, and Optimise Me, Screenetics and Joggle.