ASAPF (Aurora Spine) Inventory Turnover: 0.51 (As of Mar. 2026)

What is Aurora Spine Inventory Turnover?

Aurora Spine ASAPF +10.27% 40 Inventory Turnover is 0.51 as of Mar. 2026. GuruFocus rates ASAPF with a GF Score™ of 40/100 and a GF Value™ of $0.22 (Modestly Undervalued). The stock has 4 warning signs investors should review.

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. Aurora Spine's Cost of Goods Sold for the three months ended in Mar. 2026 was $1.66 Mil. Aurora Spine's Average Total Inventories for the quarter that ended in Mar. 2026 was $3.23 Mil. Aurora Spine's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.51.

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 three months ended in Mar. 2026 was 177.44.

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 Mar. 2026 was 0.73.

Aurora Spine (OTCPK:ASAPF) 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.

Aurora Spine's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2026 )	/	Cost of Goods Sold (Q: Mar. 2026 )	*	Days in Period
	=	3.228	/	1.66	*	365 / 4
	=	177.44

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.

Aurora Spine's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2026 )	/	Revenue (Q: Mar. 2026 )
	=	3.228	/	4.436
	=	0.73

* 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.

Aurora Spine Inventory Turnover Related Terms

Aurora Spine Inventory Turnover Historical Data

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The historical data trend for Aurora Spine's Inventory Turnover can be seen below:

Aurora Spine Inventory Turnover Chart

Aurora Spine Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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3.28

2.86

1.91

1.93

2.09

Aurora Spine Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Inventory Turnover	Get a 7-Day Free Trial															0.50	0.44	0.45	0.53	0.51

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Aurora Spine Corp ASAPF

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Aurora Spine Inventory Turnover Calculation

Aurora Spine's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

	Inventory Turnover (A: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2025 )	/ (	(Total Inventories (A: Dec. 2024 )	+	Total Inventories (A: Dec. 2025 ))	/	count )
=	7.169	/ (	(3.614	+	3.243)	/	2 )
=	7.169	/	3.4285
=	2.09

Aurora Spine's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

	Inventory Turnover (Q: Mar. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2026 )	/ (	(Total Inventories (Q: Dec. 2025 )	+	Total Inventories (Q: Mar. 2026 ))	/	count )
=	1.66	/ (	(3.243	+	3.213)	/	2 )
=	1.66	/	3.228
=	0.51

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.51 mean?

Aurora Spine (ASAPF) has a Inventory Turnover of 0.51 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Aurora Spine and its competitors.

Is Aurora Spine's Inventory Turnover too high?

Aurora Spine's current Inventory Turnover is 0.51. Overall, Aurora Spine has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Aurora Spine's Inventory Turnover compare to ABT and SYK?

Aurora Spine's Inventory Turnover of 0.51 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?

A good Inventory Turnover depends on the Medical Devices & Instruments 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 Aurora Spine and its competitors. Aurora Spine's current Inventory Turnover is 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Aurora Spine stock overvalued right now?

Based on GuruFocus' analysis, Aurora Spine (ASAPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.22, compared to a current price of $0.18 — trading 20.5% below its estimated fair value. The current Inventory Turnover is 0.51. Aurora Spine's overall GF Score™ is 40/100 with 4 warning signs to review. 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 Aurora Spine (ASAPF), the current Inventory Turnover is 0.51 as of Mar. 2026. 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.

Is Aurora Spine (ASAPF) Overvalued in 2026?

Based on GuruFocus' analysis, Aurora Spine stock appears to be undervalued. The current stock price of $0.18 is trading 20.5% below its estimated GF Value™ of $0.22. GuruFocus considers Aurora Spine to be Modestly Undervalued.

Key valuation signals for ASAPF:

Inventory Turnover: 0.51
GF Value™: $0.22 vs. price of $0.18 (20.5% below fair value)
GF Score™: 40/100 with 4 warning signs

No single metric tells the full story. See the ASAPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Aurora Spine Business Description

Industry Healthcare Medical Devices & Instruments

Comparable Companies TSXV:MDX TSXV:FREQ TSXV:VPT TSXV:VVTM TSXV:CNVI XCNQ:QAI TSXV:PAIN TSXV:NGMD TSXV:ZCT TSXV:THRM ABT SYK MDT BSX EW XTER:SHL DXCM GEHC SZSE:300760 XAMS:PHIA

Other Exchanges ASG:Canada

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

Website https://www.aurora-spine.com

Aurora Spine Corp is engaged in the development, manufacture, and sale of minimally invasive, interspinous fusion systems and devices. These 510K and patent protected medical devices improve patient outcomes in the area of spine and sacroiliac joint surgical procedures. The company is focused on bringing new solutions to the spinal implant market through a series of minimally invasive, regenerative spinal implant technologies.

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$0.18

Price

$0.22

GF Value

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