Aurora Spine (TSXV:ASG) Change In Inventory : C$-0.50 Mil (TTM As of Sep. 2024)

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What is Aurora Spine Change In Inventory?

Aurora Spine's change in inventory for the quarter that ended in Sep. 2024 was C$-0.18 Mil. It means Aurora Spine's inventory increased by C$0.18 Mil from Jun. 2024 to Sep. 2024 .

Aurora Spine's change in inventory for the fiscal year that ended in Dec. 2023 was C$-0.68 Mil. It means Aurora Spine's inventory increased by C$0.68 Mil from Dec. 2022 to Dec. 2023 .

Aurora Spine's Total Inventories for the quarter that ended in Sep. 2024 was C$5.04 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aurora Spine's Days Inventory for the quarter that ended in Sep. 2024 was 178.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aurora Spine's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.51.

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. Aurora Spine's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.77.

Aurora Spine Change In Inventory Historical Data

The historical data trend for Aurora Spine's Change In Inventory 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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Aurora Spine Change In Inventory Chart

Aurora Spine Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.14

-0.41

-0.43

-1.58

-0.68

Aurora Spine Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-0.17	-0.28	-0.10	0.06	-0.18

Aurora Spine Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.50 Mil.

Aurora Spine (TSXV:ASG) Change In Inventory Explanation

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

Aurora Spine's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4.98	/	2.553	*	365 / 4
	=	178.00

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

Aurora Spine's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.553	/	4.98
	=	0.51

3. 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.

Aurora Spine's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.98	/	6.457
	=	0.77

Aurora Spine Change In Inventory Related Terms

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Aurora Spine Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Aurora Spine Corp (TSXV:ASG) » Definitions » Change In Inventory

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ASAPF:USA

Address

20 Holly Street, Suite 300, Toronto, ON, CAN, M4S 3B1

Website

https://www.aurora-spine.com

Aurora Spine Corp is engaged in the business of the development and commercialization of minimally invasive interspinous fusion systems and devices. The product portfolio includes implants, surgical tools, and biologics. It derives revenues primarily from the sale of spinal surgery implants, consumable products used in spinal surgeries, and service revenue for referring products to its customers.

Executives