Aidigong Maternal & Child Health (HKSE:00286) Inventory Turnover : 107.20 (As of Dec. 2023)

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What is Aidigong Maternal & Child Health Inventory Turnover?

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. Aidigong Maternal & Child Health's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$219.5 Mil. Aidigong Maternal & Child Health's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$2.0 Mil. Aidigong Maternal & Child Health's Inventory Turnover for the quarter that ended in Dec. 2023 was 107.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aidigong Maternal & Child Health's Days Inventory for the six months ended in Dec. 2023 was 1.70.

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. Aidigong Maternal & Child Health's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Aidigong Maternal & Child Health Inventory Turnover Historical Data

The historical data trend for Aidigong Maternal & Child Health'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.

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Aidigong Maternal & Child Health Inventory Turnover Chart

Aidigong Maternal & Child Health Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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12.90

8.19

16.29

239.03

231.35

Aidigong Maternal & Child Health Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															81.98	100.83	138.44	101.28	107.20

Aidigong Maternal & Child Health Inventory Turnover Calculation

Aidigong Maternal & Child Health's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	433.549	/ (	(1.94	+	1.808)	/	2 )
=	433.549	/	1.874
=	231.35

Aidigong Maternal & Child Health's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	219.498	/ (	(2.287	+	1.808)	/	2 )
=	219.498	/	2.0475
=	107.20

Aidigong Maternal & Child Health (HKSE:00286) 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.

Aidigong Maternal & Child Health's Days Inventory for the six 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
	=	2.0475	/	219.498	*	365 / 2
	=	1.70

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.

Aidigong Maternal & Child Health's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	2.0475	/	247.352
	=	0.01

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.

Aidigong Maternal & Child Health Inventory Turnover Related Terms

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Aidigong Maternal & Child Health (HKSE:00286) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Aidigong Maternal & Child Health Ltd (HKSE:00286) » Definitions » Inventory Turnover

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GPRHF:USA

Address

1 Sheung Yuet Road, Unit E, 28th Floor, YHC Tower, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.aidigong.hk

Aidigong Maternal & Child Health Ltd is an investment holding company registered in Bermuda. It is active in health management and healthcare investment management business. The company provides life healthcare service, healthcare investment management business, natural health food business, advantage growth for children business. It is also engaged in investing and financing activities. The company manages its business in two reportable segments namely the health industry and Postpartum Care Services. It earns a majority of the revenue from the Postpartum Care Services. Geographically, it derives revenue from China.

Executives

Suntek Global Growth Fund Spc - Suntek Global Growth Fund Number One Sp	2102 Investment manager
Wang Aier	2305 Beneficiary of a trust
Cheung Wai Kuen	2201 Interest of corporation controlled by you
Champion Dynasty Limited	2101 Beneficial owner
Zhu Yufei	2101 Beneficial owner
Forever Heart Holdings Limited	2201 Interest of corporation controlled by you
Lee Kar Lung	2101 Beneficial owner
Zhuhai Deyou Bohui Enterprise Management Consulting Center (limited Partnership)	2101 Beneficial owner
Zhuhai Gao Ling Deyou Investment Management Co., Ltd.	2201 Interest of corporation controlled by you
Golden Full Holdings Limited	2106 Person having a security interest in shares

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