GMVDF (G Medical Innovations Holdings) Total Inventories: $0.29 Mil (As of Dec. 2022)

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GMVDF G Medical Innovations Holdings Ltd GMVDF
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What is G Medical Innovations Holdings Total Inventories?

G Medical Innovations Holdings GMVDF 12 Total Inventories is $0.29 Mil as of Dec. 2022. GuruFocus rates GMVDF with a GF Score™ of 12/100.

G Medical Innovations Holdings's total inventories for the quarter that ended in Dec. 2022 was $0.29 Mil. G Medical Innovations Holdings's average total inventories from the quarter that ended in Jun. 2022 to the quarter that ended in Dec. 2022 was $1.32 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. G Medical Innovations Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was $-7.37.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. G Medical Innovations Holdings's Inventory Turnover for the quarter that ended in Dec. 2022 was -2.67.

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. G Medical Innovations Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.60.


G Medical Innovations Holdings  (OTCPK:GMVDF) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

G Medical Innovations Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 is

Net-Net Working Capital Per Share (Q: Dec. 2022 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.295+0.75 * 0.593+0.5 * 0.292-9.396
-0-2.782)/1.533
=-7.37

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

G Medical Innovations Holdings's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2022 )/Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=1.315/-3.505*365 / 2
=

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

G Medical Innovations Holdings's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2022 ) / Average Total Inventories (Q: Dec. 2022 )
=-3.505 / 1.315
=-2.67

4. 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.

G Medical Innovations Holdings's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=1.315 / 2.196
=0.60

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


G Medical Innovations Holdings Total Inventories Related Terms


G Medical Innovations Holdings Total Inventories Historical Data

* Premium members only.

The historical data trend for G Medical Innovations Holdings's Total Inventories 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.

G Medical Innovations Holdings Total Inventories Chart

G Medical Innovations Holdings Annual Data
Trend Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial 1.36 0.38 0.09 0.36 0.29

G Medical Innovations Holdings Semi-Annual Data
Sep16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.05 0.36 2.34 0.29
GMVDF
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G Medical Innovations Holdings Ltd GMVDF
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G Medical Innovations Holdings Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.29 Mil mean?
G Medical Innovations Holdings (GMVDF) has a Total Inventories of $0.29 Mil as of Dec. 2022. The total amount of inventory as recorded on a company's balance sheet. View historical data for G Medical Innovations Holdings and its competitors.
Is G Medical Innovations Holdings' Total Inventories too high?
G Medical Innovations Holdings' current Total Inventories is $0.29 Mil. Overall, G Medical Innovations Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does G Medical Innovations Holdings' Total Inventories compare to WHSI and ISRG?
G Medical Innovations Holdings' Total Inventories of $0.29 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Medical Devices & Instruments company?
A good Total Inventories depends on the Medical Devices & Instruments industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for G Medical Innovations Holdings and its competitors. G Medical Innovations Holdings's current Total Inventories is $0.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G Medical Innovations Holdings stock overvalued right now?
G Medical Innovations Holdings (GMVDF) has a current Total Inventories of $0.29 Mil. The current Total Inventories is $0.29 Mil. G Medical Innovations Holdings' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For G Medical Innovations Holdings (GMVDF), the current Total Inventories is $0.29 Mil as of Dec. 2022. 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.

G Medical Innovations Holdings Business Description

Address 5 Oppenheimer Street, Rehovot, ISR, 7670105
G Medical Innovations Holdings Ltd is a mobile health (mHealth), telemedicine solutions, and monitoring service platforms. It develops and markets clinical and consumer medical-grade health monitoring solutions and offers end-to-end support for e-health projects. The company offers a suite of both consumer and clinical grade products and platforms which are positioned to reduce inefficiencies in healthcare delivery, improve access, reduce costs, increase the quality of care, and make healthcare more personalized and precise. Its operating segment includes Products, Patient Services, and Covid-19 testing. The company generates maximum revenue from the Patient Services segment.
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