GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » AAC Holdings Inc (OTCPK:AACH) » Definitions » Inventory Turnover

AAC Holdings (AAC Holdings) Inventory Turnover : 0.00 (As of Sep. 2019)


View and export this data going back to 2014. Start your Free Trial

What is AAC Holdings 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. AAC Holdings's Cost of Goods Sold for the three months ended in Sep. 2019 was $42.4 Mil. AAC Holdings's Average Total Inventories for the quarter that ended in Sep. 2019 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AAC Holdings's Days Inventory for the three months ended in Sep. 2019 was 0.00.

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. AAC Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 0.00.


AAC Holdings Inventory Turnover Historical Data

The historical data trend for AAC Holdings'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.

* Premium members only.

AAC Holdings Inventory Turnover Chart

AAC Holdings Annual Data
Trend Dec07 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Inventory Turnover
Get a 7-Day Free Trial - - - - -

AAC Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Inventory Turnover 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 - - - - -

AAC Holdings Inventory Turnover Calculation

AAC Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Inventory Turnover (A: Dec. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2018 ) / ((Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count )
=207.519 / ((0 + 0) / 1 )
=207.519 / 0
=N/A

AAC Holdings's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

Inventory Turnover (Q: Sep. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2019 ) / ((Total Inventories (Q: Jun. 2019 ) + Total Inventories (Q: Sep. 2019 )) / count )
=42.376 / ((0 + 0) / 1 )
=42.376 / 0
=N/A

* 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.


AAC Holdings  (OTCPK:AACH) 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.

AAC Holdings's Days Inventory for the three months ended in Sep. 2019 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2019 )/Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=0/42.376*365 / 4
=0.00

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.

AAC Holdings's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2019 ) / Revenue (Q: Sep. 2019 )
=0 / 58.855
=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.


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.


AAC Holdings Inventory Turnover Related Terms

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


AAC Holdings (AAC Holdings) Business Description

Traded in Other Exchanges
N/A
Address
200 Powell Place, Brentwood, TN, USA, 37027
AAC Holdings Inc provides inpatient and outpatient substance use treatment services for individuals with drug addiction, alcohol addiction, and co-occurring mental/behavioral health issues. The company also provides drug testing, diagnostic laboratory services and provides physician services to clients. Its facilities are located throughout the United States, including residential substance abuse treatment facilities, standalone outpatient centers and sober living facilities, that focus on delivering effective clinical care and treatment solutions.
Executives
Burch Lucius E Iii director C/O AMERICAN ADDICTION CENTERS, INC., 115 EAST PARK DRIVE, SECOND FLOOR, BRENTWOOD TN 37027
David C Kloeppel director C/O AMERICAN ADDICTION CENTERS, INC., 115 EAST PARK DRIVE, SECOND FLOOR, BRENTWOOD TN 37027
W Larry Cash director 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067