Asymchem Laboratories Tianjin Co (HKSE:06821) Inventory Turnover : 0.75 (As of Mar. 2025)

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What is Asymchem Laboratories Tianjin 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. Asymchem Laboratories Tianjin Co's Cost of Goods Sold for the three months ended in Mar. 2025 was HK$950 Mil. Asymchem Laboratories Tianjin Co's Average Total Inventories for the quarter that ended in Mar. 2025 was HK$1,273 Mil. Asymchem Laboratories Tianjin Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Asymchem Laboratories Tianjin Co's Days Inventory for the three months ended in Mar. 2025 was 122.37.

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. Asymchem Laboratories Tianjin Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.77.

Asymchem Laboratories Tianjin Co Inventory Turnover Historical Data

The historical data trend for Asymchem Laboratories Tianjin 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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Asymchem Laboratories Tianjin Co Inventory Turnover Chart

Asymchem Laboratories Tianjin Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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2.93

2.46

3.55

3.07

3.10

Asymchem Laboratories Tianjin Co Quarterly Data
	Jun20	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															0.81	0.77	0.71	0.83	0.75

Asymchem Laboratories Tianjin Co Inventory Turnover Calculation

Asymchem Laboratories Tianjin 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 )
=	3572.249	/ (	(1034.001	+	1274.102)	/	2 )
=	3572.249	/	1154.0515
=	3.10

Asymchem Laboratories Tianjin Co'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 )
=	949.585	/ (	(1274.102	+	1272.857)	/	2 )
=	949.585	/	1273.4795
=	0.75

Asymchem Laboratories Tianjin Co (HKSE:06821) 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.

Asymchem Laboratories Tianjin Co'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
	=	1273.4795	/	949.585	*	365 / 4
	=	122.37

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.

Asymchem Laboratories Tianjin Co'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 )
	=	1273.4795	/	1652.513
	=	0.77

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.

Asymchem Laboratories Tianjin Co Inventory Turnover Related Terms

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Asymchem Laboratories Tianjin Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Asymchem Laboratories Tianjin Co Ltd (HKSE:06821) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

7K90:Germany 002821:China

Address

No. 6 Dongting Third Street, Economic and Technological Development Zone, Tianjin, CHN, 300457

Website

https://www.asymchem.com

Asymchem Laboratories Tianjin Co Ltd is a China-based company, a technology-driven provider of Contract Development manufacturing organization solutions throughout the drug development and manufacturing process. The Group provides clinical-stage CDMO solutions, commercial-stage CDMO solutions, and emerging services. Its operations relate to contract development and manufacturing which focuses on innovation and commercial application of pharmaceutical technology. It has geographic areas in the Chinese Mainland and Overseas.

Executives

Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Citigroup Inc.	2201 Interest of corporation controlled by you
Schroders Plc	2102 Investment manager
Norges Bank	2101 Beneficial owner
Fmr Llc	2201 Interest of corporation controlled by you
Fidelity Investment Trust	2101 Beneficial owner
Springhill Fund Asset Management (hk) Company Limited	2102 Investment manager
Springhill Fund Limited	2201 Interest of corporation controlled by you
Springhill Global Feeder Fund Limited	2201 Interest of corporation controlled by you
Springhill Master Fund Limited	2101 Beneficial owner
Morgan Stanley	2201 Interest of corporation controlled by you
Hhlr Advisors, Ltd.	2102 Investment manager
Hhlr Fund, L.p.	2101 Beneficial owner
Jpmorgan Asset Management (asia Pacific) Limited	2102 Investment manager
Fidelity Management & Research Company Llc

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