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Robosense Technology Co (HKSE:02498) Inventory Turnover : 1.56 (As of Sep. 2024)


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What is Robosense Technology 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. Robosense Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was HK$371 Mil. Robosense Technology Co's Average Total Inventories for the quarter that ended in Sep. 2024 was HK$238 Mil. Robosense Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Robosense Technology Co's Days Inventory for the three months ended in Sep. 2024 was 58.55.

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. Robosense Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.53.


Robosense Technology Co Inventory Turnover Historical Data

The historical data trend for Robosense Technology 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.

* Premium members only.

Robosense Technology Co Inventory Turnover Chart

Robosense Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
1.78 2.00 2.58 4.15 6.71

Robosense Technology Co Quarterly Data
Dec20 Dec21 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only - 1.58 1.69 1.56 1.73

Robosense Technology Co Inventory Turnover Calculation

Robosense Technology Co'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 )
=1122.774 / ((322.829 + 217.893) / 2 )
=1122.774 / 270.361
=4.15

Robosense Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=370.686 / ((198.634 + 277.07) / 2 )
=370.686 / 237.852
=1.56

* 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.


Robosense Technology Co  (HKSE:02498) 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.

Robosense Technology Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=237.852/370.686*365 / 4
=58.55

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.

Robosense Technology Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=237.852 / 449.09
=0.53

* 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.


Robosense Technology Co Inventory Turnover Related Terms

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Robosense Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Building 9, Zhongguan Honghualing Industry, Southern District 1213 Liuxian Avenue, Taoyuan Street Nanshan District, Shenzhen, CHN
Robosense Technology Co Ltd is a company whose business is focused on full-stack systems incorporate LiDAR sensors, proprietary system on a chip and cutting-edge perception software. By integrating hardware and software, They have differentiated themselves from most LiDAR companies in the market who only focus on hardware. Combined with visual or other sensors, LiDAR forms perception solutions that endow automobiles and robots with perception capabilities. They develop its solutions based on chipdriven LiDAR hardware and AI perception software, expanding application scenarios and realizing large-scale commercialization in the industry.
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