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. Beyond Air's Cost of Goods Sold for the
three
months ended in Sep. 2024 was $1.88 Mil. Beyond Air's Average Total Inventories for the quarter that ended in Sep. 2024 was $2.46 Mil.
Beyond Air's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.77.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Beyond Air's Days Inventory for the
three
months ended in Sep. 2024 was 119.23.
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.
Beyond Air's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 3.08.
Beyond Air Inventory Turnover Historical Data
The historical data trend for Beyond Air'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.
* 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.
Beyond Air (NAS:XAIR) 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.
Beyond Air's Days Inventory for the
three
months ended in Sep. 2024 is calculated as:
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.
Beyond Air's Inventory to Revenue for the quarter that ended in Sep. 2024 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.
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.
Beyond Air Inventory Turnover Related Terms
Thank you for viewing the detailed overview of Beyond Air's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Beyond Air Inc is a commercial-stage medical device and biopharmaceutical company that develops a Nitric Oxide (NO) Generator and Delivery System that uses NO generated from ambient air and delivers precise amounts of NO to the lungs for the potential treatment of respiratory and other diseases. The firm is applying its therapeutic expertise to develop treatments for pulmonary hypertension, in addition to treatments for lower respiratory tract infections.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XAIR has been successfully added to your 