AJA Health and Wellness (TSXV:AJA) Inventory Turnover: 0.00 (As of Sep. 2024)

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What is AJA Health and Wellness Inventory Turnover?

AJA Health and Wellness TSXV:AJA Inventory Turnover is 0.00 as of Sep. 2024.

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. AJA Health and Wellness's Cost of Goods Sold for the three months ended in Sep. 2024 was C$0.05 Mil. AJA Health and Wellness's Average Total Inventories for the quarter that ended in Sep. 2024 was C$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AJA Health and Wellness's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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. AJA Health and Wellness's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.

AJA Health and Wellness  (TSXV:AJA) 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.

AJA Health and Wellness's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=0/0.05*365 / 4
=0.00

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.

AJA Health and Wellness's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0 / 0.131
=0.00

* 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.

AJA Health and Wellness Inventory Turnover Related Terms

AJA Health and Wellness Inventory Turnover Historical Data

* Premium members only.

The historical data trend for AJA Health and Wellness'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.

AJA Health and Wellness Inventory Turnover Chart

AJA Health and Wellness Annual Data
Trend Dec22 Dec23
Inventory Turnover
0.00 0.00

AJA Health and Wellness Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Inventory Turnover Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

AJA Health and Wellness Inventory Turnover Calculation

AJA Health and Wellness's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=0.257 / ((0 + 0) / 1 )
=0.257 / 0
=N/A

AJA Health and Wellness's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=0.05 / ((0 + 0) / 1 )
=0.05 / 0
=N/A

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
AJA Health and Wellness (TSXV:AJA) has a Inventory Turnover of 0.00 as of Sep. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on AJA Health and Wellness and its competitors.
Is AJA Health and Wellness' Inventory Turnover too high?
AJA Health and Wellness' current Inventory Turnover is 0.00.
How does AJA Health and Wellness' Inventory Turnover compare to VEEV and GEHC?
AJA Health and Wellness' Inventory Turnover of 0.00 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Inventory Turnover depends on the Healthcare Providers & Services 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 AJA Health and Wellness and its competitors. AJA Health and Wellness's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AJA Health and Wellness stock overvalued right now?
AJA Health and Wellness (TSXV:AJA) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. 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 AJA Health and Wellness (TSXV:AJA), the current Inventory Turnover is 0.00 as of Sep. 2024. 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.

AJA Health and Wellness Business Description

Address 1199 West Pender Street, Suite 680, Vancouver, BC, CAN, V6E 2R1
AJA Health and Wellness Inc is engaged in operating a telemedicine platform and full-service travel clinics, offering health insurance options, employee benefit packages, and natural skincare and pain relief products.