Aoxin Q & M Dental Group (SGX:1D4) Inventory Turnover : 2.87 (As of Dec. 2024)

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What is Aoxin Q & M Dental Group 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. Aoxin Q & M Dental Group's Cost of Goods Sold for the six months ended in Dec. 2024 was S$6.01 Mil. Aoxin Q & M Dental Group's Average Total Inventories for the quarter that ended in Dec. 2024 was S$2.10 Mil. Aoxin Q & M Dental Group's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aoxin Q & M Dental Group's Days Inventory for the six months ended in Dec. 2024 was 63.62.

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. Aoxin Q & M Dental Group's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.11.

Aoxin Q & M Dental Group Inventory Turnover Historical Data

The historical data trend for Aoxin Q & M Dental Group'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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Aoxin Q & M Dental Group Inventory Turnover Chart

Aoxin Q & M Dental Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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4.91

5.44

4.03

5.13

5.43

Aoxin Q & M Dental Group Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															2.40	2.31	2.70	2.21	2.87

Aoxin Q & M Dental Group Inventory Turnover Calculation

Aoxin Q & M Dental Group'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 )
=	10.796	/ (	(2.066	+	1.914)	/	2 )
=	10.796	/	1.99
=	5.43

Aoxin Q & M Dental Group'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: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	6.013	/ (	(2.278	+	1.914)	/	2 )
=	6.013	/	2.096
=	2.87

Aoxin Q & M Dental Group (SGX:1D4) 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.

Aoxin Q & M Dental Group's Days Inventory for the six 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
	=	2.096	/	6.013	*	365 / 2
	=	63.62

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.

Aoxin Q & M Dental Group'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 )
	=	2.096	/	18.228
	=	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.

Aoxin Q & M Dental Group Inventory Turnover Related Terms

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Aoxin Q & M Dental Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Aoxin Q & M Dental Group Ltd (SGX:1D4) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

9 Raffles Place, No. 26-01, Republic Plaza, Singapore, SGP, 048619

Website

https://www.aoxinqm.com.sg

Aoxin Q & M Dental Group Ltd is a dental service provider. The company provides private dental services and dental equipment and supplies in the Liaoning Province, Northern PRC. Its services include Stomatology and general dentistry; Endodontics; Orthodontics, Periodontics, and many more. The segments and the types of products and services are; Primary Healthcare segment generates key revenue and comprises dentistry services, the Distribution of dental equipment and supplies segment, which includes the distribution of equipment and supplies used in the provision of dental services, and the Laboratory Services comprising the manufacturing of porcelain crown, bridges, and dentures.

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