GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Novation Companies Inc (OTCPK:NOVCQ) » Definitions » Inventory-to-Revenue

Novation (Novation) Inventory-to-Revenue : 0.00 (As of Sep. 2021)


View and export this data going back to 1997. Start your Free Trial

What is Novation 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. Novation's Average Total Inventories for the quarter that ended in Sep. 2021 was $0.00 Mil. Novation's Revenue for the three months ended in Sep. 2021 was $9.94 Mil. Novation's Inventory-to-Revenue for the quarter that ended in Sep. 2021 was 0.00.

Novation's Inventory-to-Revenue for the quarter that ended in Sep. 2021 stayed the same from Jun. 2021 (0.00) to Jun. 2021 (0.00)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Novation's Days Inventory for the three months ended in Sep. 2021 was 0.00.

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


Novation Inventory-to-Revenue Historical Data

The historical data trend for Novation'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.

* Premium members only.

Novation Inventory-to-Revenue Chart

Novation Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Novation Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 Premium Member Only - - - - -

Competitive Comparison of Novation's Inventory-to-Revenue

For the Medical Care Facilities subindustry, Novation'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.


Novation's Inventory-to-Revenue Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Novation's Inventory-to-Revenue distribution charts can be found below:

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



Novation 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.

Novation's Inventory-to-Revenue for the fiscal year that ended in Dec. 2020 is calculated as

Inventory-to-Revenue (A: Dec. 2020 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Revenue (A: Dec. 2020 )
=( (0 + 0) / 1 ) / 51.354
=0 / 51.354
=0.00

Novation's Inventory-to-Revenue for the quarter that ended in Sep. 2021 is calculated as

Inventory-to-Revenue (Q: Sep. 2021 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2021 ) + Total Inventories (Q: Sep. 2021 )) / count ) / Revenue (Q: Sep. 2021 )
=( (0 + 0) / 1 ) / 9.943
=0 / 9.943
=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.


Novation  (OTCPK:NOVCQ) 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.

Novation's Days Inventory for the three months ended in Sep. 2021 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2021 )/Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=0/8.794*365 / 4
=0.00

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

Novation's Inventory Turnover for the quarter that ended in Sep. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2021 ) / Average Total Inventories (Q: Sep. 2021 )
=8.794 / 0
=

* 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.


Novation Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Novation's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Novation (Novation) Business Description

Traded in Other Exchanges
N/A
Address
9229 Ward Parkway, Suite 340, Kansas City, MO, USA, 64114
Novation Companies Inc provides outsourced health care staffing and related services in the State of Georgia. Services are performed by medical staff on-site at the company's clients' facilities.
Executives
Lee D Keddie director 1110 W. LAKE COOK ROAD SUITE 220 BUFFALO GROVE IL 60089
David William Pointer director, officer: Chief Executive Officer PO BOX 402, NEWMAN LAKE WA 99025
Howard Amster director 23811 CHAGRIN BLVD # 200, BEACHWOOD OH 44122-5525
Barry Igdaloff director
Howard Timothy Eriksen director 567 WILDROSE CIRCLE, LYNDEN WA 98264
Jeffrey E. Eberwein director, officer: Executive Chairman 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Charles M Gillman director 1223 WILSHIRE BOULEVARD, OFFICE 648, SANTA MONICA CA 90402
Robert G. Pearse director 100 CANAL POINTE BLVD., SUITE 108, PRINCETON NJ 08540
Carolyn K. Campbell officer: Chief Financial Officer C/O NOVATION COMPANIES, INC. 500 GRAND BOULEVARD, SUITE 201B KANSAS CITY MO 64106
Richard Rector other: See Remarks C/O NOVATION COMPANIES, INC. 500 GRAND BOULEVARD, SUITE 201B KANSAS CITY MO 64106
W Lance Anderson officer: President and COO 2114 CENTRAL ST STE 600 KANSAS CITY MO 64108
Gregory T Barmore director C/O NOVASTAR FINANCIAL INC, 8140 WARD PARKWAY, STE 300, KANSAS CITY MO 64114
Steve M Haslam officer: Chief Operating Officer 2114 CENTRAL STREET SUITE 600 KANSAS CITY MO 64108
Edward W Mehrer director C/O NOVASTAR FINANCIAL INC 8140 WARD PARKWAY, STE 300 KANSAS CITY MO 64114
Art N Burtscher director C/O NOVASTAR FINANCIAL INC 8140 WARD PARKWAY, STE 300 KANSAS CITY MO 64114

Novation (Novation) Headlines

From GuruFocus