Dymatic Chemicals (SZSE:002054) Inventory Turnover : 1.36 (As of Mar. 2024)

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What is Dymatic Chemicals 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. Dymatic Chemicals's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥527 Mil. Dymatic Chemicals's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥386 Mil. Dymatic Chemicals's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dymatic Chemicals's Days Inventory for the three months ended in Mar. 2024 was 66.96.

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. Dymatic Chemicals's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.57.

Dymatic Chemicals Inventory Turnover Historical Data

The historical data trend for Dymatic Chemicals'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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Dymatic Chemicals Inventory Turnover Chart

Dymatic Chemicals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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4.78

5.32

5.25

6.11

5.33

Dymatic Chemicals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.16	1.35	1.56	1.49	1.36

Dymatic Chemicals Inventory Turnover Calculation

Dymatic Chemicals'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 )
=	2417.147	/ (	(509.667	+	396.772)	/	2 )
=	2417.147	/	453.2195
=	5.33

Dymatic Chemicals's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	526.531	/ (	(396.772	+	375.968)	/	2 )
=	526.531	/	386.37
=	1.36

Dymatic Chemicals (SZSE:002054) 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.

Dymatic Chemicals's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	386.37	/	526.531	*	365 / 4
	=	66.96

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.

Dymatic Chemicals's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	386.37	/	679.885
	=	0.57

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.

Dymatic Chemicals Inventory Turnover Related Terms

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Dymatic Chemicals (SZSE:002054) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Dymatic Chemicals Inc (SZSE:002054) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Chaogui South Road, Science and Technology Industrial Park, Shunde High-tech Zone, Guangdong, Foshan, CHN, 528305

Website

http://www.dymatic.com

Dymatic Chemicals Inc is a China-based chemical manufacturer. The company is engaged in the product development, manufacturing, marketing, and sales of textile chemicals, leather chemicals, polyurethane chemicals, and stabilizers.

Executives

He Guo Ying	Directors, executives
Cai Jing Xia	Executives
Chen Qiu You	Executives
Kong Qing Cheng	Supervisors
Fan Xiao Ping	Director
Huang Guan Xiong	Director
Ye Yuan Zhang	Supervisors
Pan Da Ke	Securities Affairs Representative
Song Qi	Director
Xu Xin Gong	Executives
Liu Hong Shan	Director
Lu Jun Yan	Supervisors
Zhou Hong Yan	Executives
Gao De	Supervisors
Hu Jia Zhi	Director

Dymatic Chemicals (SZSE:002054) Headlines

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