Yealink Network Technology (SZSE:300628) Inventory Turnover

: 0.60 (As of Sep. 2023)

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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. Yealink Network Technology's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥391 Mil. Yealink Network Technology's Average Total Inventories for the quarter that ended in Sep. 2023 was ¥651 Mil. Yealink Network Technology's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yealink Network Technology's Days Inventory for the three months ended in Sep. 2023 was 151.89.

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. Yealink Network Technology's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.55.

Yealink Network Technology Inventory Turnover Historical Data

The historical data trend for Yealink Network 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.

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Yealink Network Technology Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

3.65

3.06

2.63

2.75

Yealink Network Technology Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover																0.75	0.74	0.56	0.65	0.60

Yealink Network Technology Inventory Turnover Calculation

Yealink Network Technology's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	1779.363	/ (	(729.892	+	563.697)	/	2 )
=	1779.363	/	646.7945
=	2.75

Yealink Network Technology'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: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	391.36	/ (	(643.918	+	658.917)	/	2 )
=	391.36	/	651.4175
=	0.60

Yealink Network Technology (SZSE:300628) 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.

Yealink Network Technology's Days Inventory for the three 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
	=	651.4175	/	391.36	*	365 / 4
	=	151.89

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.

Yealink Network Technology'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 )
	=	651.4175	/	1180.004
	=	0.55

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.

Yealink Network Technology Inventory Turnover Related Terms

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Yealink Network Technology (SZSE:300628) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Yealink Network Technology Corp Ltd (SZSE:300628) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No.1 Ling-Xia North Road, High Tech Park, Huli, Xiamen, CHN, 361009

Website

http://www.yealink.com.cn

Yealink Network Technology Corp Ltd is a provider of unified communication (UC) terminal solutions. It offers video, audio and collaboration unified communication terminal solutions as well as Communication Terminal products for businesses of all sizes. The group is a strategic partner with various brands such as Microsoft, Brandsoft, 3CX, Metaswitch, and Bluejeans. Geographically it operates through China, however, its solutions are offered worldwide.

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