MicroPort NeuroScientific (HKSE:02172) Inventory Turnover : 0.60 (As of Jun. 2024)

MicroPort NeuroScientific Inventory Turnover Chart

MicroPort NeuroScientific Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial					0.79	0.46	0.47	0.60	0.56

MicroPort NeuroScientific Inventory Turnover Calculation

MicroPort NeuroScientific's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

MicroPort NeuroScientific's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

* 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.

MicroPort NeuroScientific  (HKSE:02172) 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.

MicroPort NeuroScientific's Days Inventory for the six months ended in Jun. 2024 is calculated as:

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.

MicroPort NeuroScientific's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

* 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.

MicroPort NeuroScientific Inventory Turnover Related Terms

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

MicroPort NeuroScientific Business Description