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Justera Health (Justera Health) Inventory-to-Revenue : 0.28 (As of Dec. 2023)


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What is Justera Health Inventory-to-Revenue?

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. Justera Health's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.10 Mil. Justera Health's Revenue for the three months ended in Dec. 2023 was $0.35 Mil. Justera Health's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.28.

Justera Health's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.56) to Sep. 2023 (0.28)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Justera Health's Days Inventory for the three months ended in Dec. 2023 was 90.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Justera Health's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.01.


Justera Health Inventory-to-Revenue Historical Data

The historical data trend for Justera Health's Inventory-to-Revenue 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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Justera Health Inventory-to-Revenue Chart

Justera Health Annual Data
Trend Dec19 Dec20 Dec22 Dec23
Inventory-to-Revenue
- - 0.03 0.15

Justera Health Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory-to-Revenue 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 0.14 0.45 6.63 0.56 0.28

Competitive Comparison of Justera Health's Inventory-to-Revenue

For the Diagnostics & Research subindustry, Justera Health's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Justera Health's Inventory-to-Revenue Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Justera Health's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Justera Health's Inventory-to-Revenue falls into.



Justera Health Inventory-to-Revenue Calculation

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.

Justera Health's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (0.34 + 0.073) / 2 ) / 1.427
=0.2065 / 1.427
=0.14

Justera Health's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (0.119 + 0.073) / 2 ) / 0.347
=0.096 / 0.347
=0.28

* 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.


Justera Health  (OTCPK:SCRSF) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Justera Health's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0.096/0.097*365 / 4
=90.31

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

Justera Health's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=0.097 / 0.096
=1.01

* 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.


Justera Health Inventory-to-Revenue Related Terms

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Justera Health (Justera Health) Business Description

Traded in Other Exchanges
Address
2300 Yonge Street, Suite 2802, Toronto, ON, CAN, M4P 1E4
Justera Health Ltd is a Health and Wellness management company. It provides professional health and medical solutions to Canadians with a focus on concierge medical services. It provides Screen Pro Security, Naturevan, and concierge medical services, It also offers personalized health care services such as IV vitamin therapy, personal home care, nurse care, on-call urgent medical care, nutrition, and health screening services, such as COVID-19 test ingesting.