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Arrail Group (HKSE:06639) Inventory Turnover : 12.80 (As of Sep. 2023)


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What is Arrail 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. Arrail Group's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$733 Mil. Arrail Group's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$57 Mil. Arrail Group's Inventory Turnover for the quarter that ended in Sep. 2023 was 12.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arrail Group's Days Inventory for the six months ended in Sep. 2023 was 14.26.

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. Arrail Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.06.


Arrail Group Inventory Turnover Historical Data

The historical data trend for Arrail 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.

* Premium members only.

Arrail Group Inventory Turnover Chart

Arrail Group Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Inventory Turnover
23.83 25.29 31.18 30.34 23.97

Arrail Group Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 14.45 12.95 11.02 11.51 12.80

Arrail Group Inventory Turnover Calculation

Arrail Group'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 )
=1397.156 / ((58.049 + 58.528) / 2 )
=1397.156 / 58.2885
=23.97

Arrail Group's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover (Q: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2023 ) / ((Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count )
=732.987 / ((58.528 + 56.035) / 2 )
=732.987 / 57.2815
=12.80

* 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.


Arrail Group  (HKSE:06639) 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.

Arrail Group's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=57.2815/732.987*365 / 2
=14.26

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.

Arrail Group's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=57.2815 / 950.585
=0.06

* 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.


Arrail Group Inventory Turnover Related Terms

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Arrail Group (HKSE:06639) Business Description

Traded in Other Exchanges
Address
No. 18, Ziyue Road, 6th Floor, Building 11, Chaolai Science Park, Chaoyang District, Beijing, CHN
Arrail Group Ltd is a dental services provider in the premium private dental service market in China.
Executives
Zou Qifang
The Goldman Sachs Group, Inc.
Arrail Sunshine Holdings Limited 2301 Trustee
Kastle Limited 2301 Trustee
Total Success Investment Ltd. 2101 Beneficial owner
Zhang Zheng 2201 Interest of corporation controlled by you
Young Roger K C 2201 Interest of corporation controlled by you
Empire Choice International Limited 2501 Other
Buckley John Paul 2201 Interest of corporation controlled by you
19 Growth Capital Fund Lp 2102 Investment manager
19 Growth Capital Fund Gp Inc. 2102 Investment manager
Rise Day Holdings Limited
United Culture Assets Limited
Qiming Gp Ii, L.p. 2201 Interest of corporation controlled by you
Kpcb China Associates Ltd 2201 Interest of corporation controlled by you

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