Zhejiang He Chuan Technology (SHSE:688320) Inventory Turnover : 0.46 (As of Mar. 2025)

View and export this data going back to 2022. Start your Free Trial

What is Zhejiang He Chuan Technology 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. Zhejiang He Chuan Technology's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥178.5 Mil. Zhejiang He Chuan Technology's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥384.9 Mil. Zhejiang He Chuan Technology's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhejiang He Chuan Technology's Days Inventory for the three months ended in Mar. 2025 was 196.73.

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. Zhejiang He Chuan Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.68.

Zhejiang He Chuan Technology Inventory Turnover Historical Data

The historical data trend for Zhejiang He Chuan Technology'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.

Zhejiang He Chuan Technology Inventory Turnover Chart

Zhejiang He Chuan Technology Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

2.37

2.36

1.85

1.68

1.40

Zhejiang He Chuan Technology Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															0.32	0.45	0.27	0.30	0.46

Zhejiang He Chuan Technology Inventory Turnover Calculation

Zhejiang He Chuan Technology'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 )
=	598.465	/ (	(457.328	+	394.65)	/	2 )
=	598.465	/	425.989
=	1.40

Zhejiang He Chuan Technology's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	178.533	/ (	(394.65	+	375.157)	/	2 )
=	178.533	/	384.9035
=	0.46

Zhejiang He Chuan Technology (SHSE:688320) 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.

Zhejiang He Chuan Technology's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	384.9035	/	178.533	*	365 / 4
	=	196.73

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.

Zhejiang He Chuan Technology's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	384.9035	/	229.503
	=	1.68

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.

Zhejiang He Chuan Technology Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Zhejiang He Chuan Technology's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhejiang He Chuan Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Zhejiang He Chuan Technology Corp Ltd (SHSE:688320) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, Fucai Road, Longyou Industrial Park, Zhejiang Province, Quzhou, CHN, 324400

Website

https://www.hcfa.cn

Zhejiang He Chuan Technology Corp Ltd is engaged in the research and development, production, sales and application integration of industrial automation products.

Zhejiang He Chuan Technology Headlines

No Headlines