Aoxin Q & M Dental Group (SGX:1D4) Days Inventory : 67.47 (As of Dec. 2023)

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What is Aoxin Q & M Dental Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aoxin Q & M Dental Group's Average Total Inventories for the six months ended in Dec. 2023 was S$2.14 Mil. Aoxin Q & M Dental Group's Cost of Goods Sold for the six months ended in Dec. 2023 was S$5.80 Mil. Hence, Aoxin Q & M Dental Group's Days Inventory for the six months ended in Dec. 2023 was 67.47.

The historical rank and industry rank for Aoxin Q & M Dental Group's Days Inventory or its related term are showing as below:

SGX:1D4' s Days Inventory Range Over the Past 10 Years
Min: 58.57 Med: 74.34 Max: 90.86
Current: 72.17

During the past 11 years, Aoxin Q & M Dental Group's highest Days Inventory was 90.86. The lowest was 58.57. And the median was 74.34.

SGX:1D4's Days Inventory is ranked worse than
75.32% of 466 companies
in the Healthcare Providers & Services industry
Industry Median: 31.825 vs SGX:1D4: 72.17

Aoxin Q & M Dental Group's Days Inventory declined from Dec. 2022 (76.07) to Dec. 2023 (67.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aoxin Q & M Dental Group's Inventory Turnover for the six months ended in Dec. 2023 was 2.70.

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 six months ended in Dec. 2023 was 0.12.

Aoxin Q & M Dental Group Days Inventory Historical Data

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

Aoxin Q & M Dental Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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70.39

74.34

67.12

90.62

71.20

Aoxin Q & M Dental Group Semi-Annual Data
	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial														79.56	99.68	76.07	78.85	67.47

Competitive Comparison of Aoxin Q & M Dental Group's Days Inventory

For the Medical Care Facilities subindustry, Aoxin Q & M Dental Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Aoxin Q & M Dental Group's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aoxin Q & M Dental Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aoxin Q & M Dental Group's Days Inventory falls into.

Aoxin Q & M Dental Group Days Inventory Calculation

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 fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2.155	+	2.066)	/	2 )	/	10.819	*	365
=	2.1105					/	10.819	*	365
=	71.20

Aoxin Q & M Dental Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2.219	+	2.066)	/	2 )	/	5.795	*	365 / 2
=	2.1425					/	5.795	*	365 / 2
=	67.47

Aoxin Q & M Dental Group (SGX:1D4) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Aoxin Q & M Dental Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.795	/	2.1425
	=	2.70

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 six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.1425	/	18.037
	=	0.12

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Aoxin Q & M Dental Group Days Inventory Related Terms

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

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Robinson Road, No. 02-00, Singapore, SGP, 068898

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 comprising Dentistry services, Distribution of Dental Equipment and Supplies, which includes the distribution of equipment and supplies used in the provision of dental services and Laboratory Services comprising the manufacturing of porcelain crown, bridges, and dentures.

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