AOXG (Aoxing Pharmaceutical Co) Inventory Turnover: 0.58 (As of Mar. 2017)

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What is Aoxing Pharmaceutical Co Inventory Turnover?

Aoxing Pharmaceutical Co AOXG Inventory Turnover is 0.58 as of Mar. 2017.

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. Aoxing Pharmaceutical Co's Cost of Goods Sold for the three months ended in Mar. 2017 was $1.28 Mil. Aoxing Pharmaceutical Co's Average Total Inventories for the quarter that ended in Mar. 2017 was $2.23 Mil. Aoxing Pharmaceutical Co's Inventory Turnover for the quarter that ended in Mar. 2017 was 0.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aoxing Pharmaceutical Co's Days Inventory for the three months ended in Mar. 2017 was 158.49.

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. Aoxing Pharmaceutical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2017 was 0.39.

Aoxing Pharmaceutical Co  (OTCPK:AOXG) 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.

Aoxing Pharmaceutical Co's Days Inventory for the three months ended in Mar. 2017 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2017 )/Cost of Goods Sold (Q: Mar. 2017 )*Days in Period
=2.225/1.281*365 / 4
=158.49

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.

Aoxing Pharmaceutical Co's Inventory to Revenue for the quarter that ended in Mar. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2017 ) / Revenue (Q: Mar. 2017 )
=2.225 / 5.702
=0.39

* 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.

Aoxing Pharmaceutical Co Inventory Turnover Related Terms

Aoxing Pharmaceutical Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Aoxing Pharmaceutical Co'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.

Aoxing Pharmaceutical Co Inventory Turnover Chart

Aoxing Pharmaceutical Co Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.98 2.06 2.88 2.09 2.56

Aoxing Pharmaceutical Co Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 0.43 0.81 0.57 0.77 0.58

Aoxing Pharmaceutical Co Inventory Turnover Calculation

Aoxing Pharmaceutical Co's Inventory Turnover for the fiscal year that ended in Jun. 2016 is calculated as

Inventory Turnover (A: Jun. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2016 ) / ((Total Inventories (A: Jun. 2015 ) + Total Inventories (A: Jun. 2016 )) / count )
=7.776 / ((3.24 + 2.842) / 2 )
=7.776 / 3.041
=2.56

Aoxing Pharmaceutical Co's Inventory Turnover for the quarter that ended in Mar. 2017 is calculated as

Inventory Turnover (Q: Mar. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2017 ) / ((Total Inventories (Q: Dec. 2016 ) + Total Inventories (Q: Mar. 2017 )) / count )
=1.281 / ((2.044 + 2.406) / 2 )
=1.281 / 2.225
=0.58

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.58 mean?
Aoxing Pharmaceutical Co (AOXG) has a Inventory Turnover of 0.58 as of Mar. 2017. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Aoxing Pharmaceutical Co and its competitors.
Is Aoxing Pharmaceutical Co's Inventory Turnover too high?
Aoxing Pharmaceutical Co's current Inventory Turnover is 0.58.
How does Aoxing Pharmaceutical Co's Inventory Turnover compare to OWCP and BSPK?
Aoxing Pharmaceutical Co's Inventory Turnover of 0.58 can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Diversified Financial Services company?
A good Inventory Turnover depends on the Diversified Financial Services industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Aoxing Pharmaceutical Co and its competitors. Aoxing Pharmaceutical Co's current Inventory Turnover is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aoxing Pharmaceutical Co stock overvalued right now?
Aoxing Pharmaceutical Co (AOXG) has a current Inventory Turnover of 0.58. The current Inventory Turnover is 0.58. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Aoxing Pharmaceutical Co (AOXG), the current Inventory Turnover is 0.58 as of Mar. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aoxing Pharmaceutical Co Business Description

Address Block 25, Flat F, 9th Floor, South Horizons, Apleichau, Hong Kong, HKG
Aoxing Pharmaceutical Co Inc does not have any business operations and is restructuring for a new business model and plans to acquire an operating company via reverse merger.