DNTCF (Dentalcorp Holdings) Inventory Turnover : 5.59 (As of Dec. 2024)

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What is Dentalcorp 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. Dentalcorp Holdings's Cost of Goods Sold for the three months ended in Dec. 2024 was $139 Mil. Dentalcorp Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was $25 Mil. Dentalcorp Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 5.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dentalcorp Holdings's Days Inventory for the three months ended in Dec. 2024 was 16.32.

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. Dentalcorp Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.09.

Dentalcorp Holdings Inventory Turnover Historical Data

The historical data trend for Dentalcorp 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.

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Dentalcorp Holdings Inventory Turnover Chart

Dentalcorp Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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10.97

14.61

17.38

19.14

21.24

Dentalcorp Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															4.61	4.73	5.21	4.95	5.59

Dentalcorp Holdings Inventory Turnover Calculation

Dentalcorp Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	542.149	/ (	(29.442	+	21.619)	/	2 )
=	542.149	/	25.5305
=	21.24

Dentalcorp Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	138.836	/ (	(28.053	+	21.619)	/	2 )
=	138.836	/	24.836
=	5.59

Dentalcorp Holdings (OTCPK:DNTCF) 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.

Dentalcorp Holdings's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	24.836	/	138.836	*	365 / 4
	=	16.32

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.

Dentalcorp Holdings's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	24.836	/	279.006
	=	0.09

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.

Dentalcorp Holdings Inventory Turnover Related Terms

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Dentalcorp Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Dentalcorp Holdings Ltd (OTCPK:DNTCF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

6A7:Germany DNTL:Canada

Address

181 Bay Street, Suite 2600, Toronto, ON, CAN, M5J 2T3

Website

https://www.dentalcorp.ca

Dentalcorp Holdings Ltd is engaged in acquiring dental practices and providing health care services in Canada. It recognizes revenue for the provision of dental services that are rendered to patients by Partner dentists and dental practitioners contracted by Professional Corporations and health care services rendered by employees or contractors of the company.