EZGO (EZGO Technologies) Inventory Turnover: 5.12 (As of Sep. 2025)

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EZGO EZGO Technologies Ltd EZGO
24 GF Score
Price $1.15
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What is EZGO Technologies Inventory Turnover?

EZGO Technologies EZGO -0.87% 24 Inventory Turnover is 5.12 as of Sep. 2025. GuruFocus rates EZGO with a GF Score™ of 24/100. The stock has 6 warning signs investors should review.

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. EZGO Technologies's Cost of Goods Sold for the six months ended in Sep. 2025 was $13.26 Mil. EZGO Technologies's Average Total Inventories for the quarter that ended in Sep. 2025 was $2.59 Mil. EZGO Technologies's Inventory Turnover for the quarter that ended in Sep. 2025 was 5.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. EZGO Technologies's Days Inventory for the six months ended in Sep. 2025 was 35.62.

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. EZGO Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2025 was 0.19.

EZGO Technologies  (NAS:EZGO) 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.

EZGO Technologies's Days Inventory for the six months ended in Sep. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2025 )/Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=2.588/13.258*365 / 2
=35.62

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.

EZGO Technologies's Inventory to Revenue for the quarter that ended in Sep. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=2.588 / 13.921
=0.19

* 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.

EZGO Technologies Inventory Turnover Related Terms

EZGO Technologies Inventory Turnover Historical Data

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The historical data trend for EZGO Technologies'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.

EZGO Technologies Inventory Turnover Chart

EZGO Technologies Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Inventory Turnover
Get a 7-Day Free Trial 25.71 26.31 13.44 24.45 42.37

EZGO Technologies Semi-Annual Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.26 2.45 4.36 2.22 5.12
EZGO
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EZGO Technologies Ltd EZGO
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EZGO Technologies Inventory Turnover Calculation

EZGO Technologies's Inventory Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Inventory Turnover (A: Sep. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2025 ) / ((Total Inventories (A: Sep. 2024 ) + Total Inventories (A: Sep. 2025 )) / count )
=19.151 / ((0.523 + 0.381) / 2 )
=19.151 / 0.452
=42.37

EZGO Technologies's Inventory Turnover for the quarter that ended in Sep. 2025 is calculated as

Inventory Turnover (Q: Sep. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2025 ) / ((Total Inventories (Q: Mar. 2025 ) + Total Inventories (Q: Sep. 2025 )) / count )
=13.258 / ((4.795 + 0.381) / 2 )
=13.258 / 2.588
=5.12

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 5.12 mean?
EZGO Technologies (EZGO) has a Inventory Turnover of 5.12 as of Sep. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on EZGO Technologies and its competitors.
Is EZGO Technologies' Inventory Turnover too high?
EZGO Technologies' current Inventory Turnover is 5.12. Overall, EZGO Technologies has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does EZGO Technologies' Inventory Turnover compare to VEEE and VMAR?
EZGO Technologies' Inventory Turnover of 5.12 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Vehicles & Parts company?
A good Inventory Turnover depends on the Vehicles & Parts industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on EZGO Technologies and its competitors. EZGO Technologies's current Inventory Turnover is 5.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EZGO Technologies stock overvalued right now?
EZGO Technologies (EZGO) has a current Inventory Turnover of 5.12. The current Inventory Turnover is 5.12. EZGO Technologies' overall GF Score™ is 24/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For EZGO Technologies (EZGO), the current Inventory Turnover is 5.12 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

EZGO Technologies Business Description

Address Changzhou Institute of Dalian University of Technology, Building No. A, Floor 2, Science and Education Town, Wujin District, Jiangsu, Changzhou, CHN, 213164
EZGO Technologies Ltd is engaged in the sale of e-bicycles and battery and e-bicycle rentals, complemented by the sale of battery packs, battery cell trading and charging pile business. Its product categories include e-bicycle, Intelligent unmanned patrol car, e-motorcycle and e-moped and urban style e-tricycle. Its segments include the Battery cells and packs, electronic control system and intelligent robot segment. and the E-bicycle sales segment. The company generates maximum revenue from the Battery cells and packs segment.
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