Shanghai INT Medical Instruments Co (HKSE:01501) Inventory Turnover : 1.06 (As of Dec. 2024)

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What is Shanghai INT Medical Instruments 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. Shanghai INT Medical Instruments Co's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$180.2 Mil. Shanghai INT Medical Instruments Co's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$169.4 Mil. Shanghai INT Medical Instruments Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanghai INT Medical Instruments Co's Days Inventory for the six months ended in Dec. 2024 was 171.59.

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. Shanghai INT Medical Instruments Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.35.

Shanghai INT Medical Instruments Co Inventory Turnover Historical Data

The historical data trend for Shanghai INT Medical Instruments 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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Shanghai INT Medical Instruments Co Inventory Turnover Chart

Shanghai INT Medical Instruments Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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2.58

2.59

1.98

2.20

2.14

Shanghai INT Medical Instruments Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial										1.06	0.89	1.24	1.02	1.06

Shanghai INT Medical Instruments Co Inventory Turnover Calculation

Shanghai INT Medical Instruments Co's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	335.56	/ (	(140.846	+	173.325)	/	2 )
=	335.56	/	157.0855
=	2.14

Shanghai INT Medical Instruments Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	180.157	/ (	(165.45	+	173.325)	/	2 )
=	180.157	/	169.3875
=	1.06

Shanghai INT Medical Instruments Co (HKSE:01501) 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.

Shanghai INT Medical Instruments Co's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	169.3875	/	180.157	*	365 / 2
	=	171.59

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.

Shanghai INT Medical Instruments Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	169.3875	/	490.736
	=	0.35

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.

Shanghai INT Medical Instruments Co Inventory Turnover Related Terms

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Shanghai INT Medical Instruments Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai INT Medical Instruments Co Ltd (HKSE:01501) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 925 Jin Yuan Yi Road, Block 2, Jiading District, Shanghai, CHN, 201803

Website

https://www.int-medical.com

Shanghai INT Medical Instruments Co Ltd engages in the design and development of medical devices used in fields including peripheral intervention, neurological intervention, cardiovascular intervention, or implantation, and the design and development of equipment and moulds used for the production of medical devices. The company operates in the Chinese Mainland, Europe, the United States, and Other countries and regions. The majority of the revenue comes from the Chinese Mainland.

Executives

Jpmorgan Chase & Co.	2106 Person having a security interest in shares
China Orient Asset Management (international) Holding Limited	2201 Interest of corporation controlled by you
Zhao Wei	2202 Interest of your spouse
Wang Kai	2201 Interest of corporation controlled by you
Ningbo Huaige Taiyi Equity Investment Partnership (limited Partnership)	2101 Beneficial owner
Ningbo Huaige Health Investment Management Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Ningbo Huaige Gongxin Equity Investment Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Orbimed Capital Llc	2102 Investment manager
Zhao Wei	2202 Interest of your spouse
Zheng Aiping	2501 Other
Zhang Xianmiao	2501 Other
Zhang Wei	2501 Other
Shanghai Kindly Holding Group Co., Ltd.	2201 Interest of corporation controlled by you
Worldwide Healthcare Trust Plc	2101 Beneficial owner

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