Epsilon Healthcare (ASX:EPN) Inventory Turnover : 2.54 (As of Jun. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Epsilon Healthcare 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. Epsilon Healthcare's Cost of Goods Sold for the six months ended in Jun. 2023 was A$0.92 Mil. Epsilon Healthcare's Average Total Inventories for the quarter that ended in Jun. 2023 was A$0.36 Mil. Epsilon Healthcare's Inventory Turnover for the quarter that ended in Jun. 2023 was 2.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Epsilon Healthcare's Days Inventory for the six months ended in Jun. 2023 was 71.85.

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. Epsilon Healthcare's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.11.

Epsilon Healthcare Inventory Turnover Historical Data

The historical data trend for Epsilon Healthcare'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.

Epsilon Healthcare Inventory Turnover Chart

Epsilon Healthcare Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

Get a 7-Day Free Trial

1.54

2.75

2.70

1.54

4.21

Epsilon Healthcare Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Inventory Turnover	Get a 7-Day Free Trial								1.15	0.52	1.67	8.11	2.54

Epsilon Healthcare Inventory Turnover Calculation

Epsilon Healthcare's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	6.386	/ (	(2.42	+	0.611)	/	2 )
=	6.386	/	1.5155
=	4.21

Epsilon Healthcare's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	0.917	/ (	(0.611	+	0.111)	/	2 )
=	0.917	/	0.361
=	2.54

Epsilon Healthcare (ASX:EPN) 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.

Epsilon Healthcare's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	0.361	/	0.917	*	365 / 2
	=	71.85

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.

Epsilon Healthcare's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	0.361	/	3.311
	=	0.11

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.

Epsilon Healthcare Inventory Turnover Related Terms

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

Epsilon Healthcare (ASX:EPN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Epsilon Healthcare Ltd (ASX:EPN) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

HDRPF:USA

Address

35 Lime Street, Suite 305, Level 3, Sydney, NSW, AUS, 2000

Website

https://www.epsilonhealthcare.com.au

Epsilon Healthcare Ltd is a diversified global healthcare and pharmaceuticals company. It owns number of medicinal cannabis assets including the cannabis manufacturing facility in the Southern Hemisphere, the Tetra Health clinic, and the Medimar Platform an end to end ecommerce solution for nutraceuticals and cannabis. EPN additionally operates a turn-key cannabis cultivation solutions provider based in Vancouver, Canada.

Epsilon Healthcare (ASX:EPN) Headlines

No Headlines