AHA Co (XKRX:102950) Inventory Turnover : 0.46 (As of Mar. 2023)

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What is AHA Co 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. AHA Co's Cost of Goods Sold for the three months ended in Mar. 2023 was ₩15,486 Mil. AHA Co's Average Total Inventories for the quarter that ended in Mar. 2023 was ₩33,331 Mil. AHA Co's Inventory Turnover for the quarter that ended in Mar. 2023 was 0.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AHA Co's Days Inventory for the three months ended in Mar. 2023 was 196.40.

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. AHA Co's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 1.70.

AHA Co Inventory Turnover Historical Data

The historical data trend for AHA Co'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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AHA Co Inventory Turnover Chart

AHA Co Annual Data

Trend

Mar21

Mar22

Mar23

Inventory Turnover

1.28

1.80

2.03

AHA Co Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Inventory Turnover	Get a 7-Day Free Trial						0.68	0.24	0.49	0.30	0.46

AHA Co Inventory Turnover Calculation

AHA Co's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	51113.31	/ (	(25730.854	+	24514.506)	/	2 )
=	51113.31	/	25122.68
=	2.03

AHA Co's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

	Inventory Turnover (Q: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )
=	15485.739	/ (	(42146.884	+	24514.506)	/	2 )
=	15485.739	/	33330.695
=	0.46

AHA Co (XKRX:102950) 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.

AHA Co's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2023 )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
	=	33330.695	/	15485.739	*	365 / 4
	=	196.40

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.

AHA Co's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	33330.695	/	19651.69
	=	1.70

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.

AHA Co Inventory Turnover Related Terms

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AHA Co (XKRX:102950) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AHA Co Ltd (XKRX:102950) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

67, Hwanggeum-ro 109beon-gil, Yangchon-eup, Gyeonggi-do, Gimpo-si, KOR

Website

http://www.i-aha.com

AHA Co Ltd is mainly engaged in the healthcare business including air sterilization purifiers, edutech business including electronic blackboard and electronic lecture tables, and electric vehicle charger business. It develops and manufactures the IFPD, air sterilization purifiers, smart podiums, digital signage, and smart table.

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