Jiangsu NandaSoft Technology Co (HKSE:08045) Inventory Turnover : 0.00 (As of Sep. 2023)

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What is Jiangsu NandaSoft 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. Jiangsu NandaSoft Technology Co's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$1.6 Mil. Jiangsu NandaSoft Technology Co's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jiangsu NandaSoft Technology Co's Days Inventory for the three months ended in Sep. 2023 was 0.00.

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. Jiangsu NandaSoft Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Jiangsu NandaSoft Technology Co Inventory Turnover Historical Data

The historical data trend for Jiangsu NandaSoft 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.

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Jiangsu NandaSoft Technology Co Inventory Turnover Chart

Jiangsu NandaSoft Technology Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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8.84

7.51

14.53

24.96

Jiangsu NandaSoft Technology Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Jiangsu NandaSoft Technology Co Inventory Turnover Calculation

Jiangsu NandaSoft Technology Co'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 )
=	291.787	/ (	(0	+	0)	/	1 )
=	291.787	/	0
=	N/A

Jiangsu NandaSoft Technology Co'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 )
=	1.566	/ (	(0	+	0)	/	1 )
=	1.566	/	0
=	N/A

Jiangsu NandaSoft Technology Co (HKSE:08045) 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.

Jiangsu NandaSoft Technology Co'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
	=	0	/	1.566	*	365 / 4
	=	0.00

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.

Jiangsu NandaSoft Technology Co'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 )
	=	0	/	1.539
	=	0.00

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.

Jiangsu NandaSoft Technology Co Inventory Turnover Related Terms

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Jiangsu NandaSoft Technology Co (HKSE:08045) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jiangsu NandaSoft Technology Co Ltd (HKSE:08045) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.19 South Qingjiang Road, NandaSoft Softech Park, Gulou District, Nanjing, CHN, 210036

Website

http://www.nandasoft.com

Jiangsu NandaSoft Technology Co Ltd is engaged in the business of computer hardware and software products. The company's segment includes System integration service, Property investment, online education, and Computer hardware and software products. The System integration service segment generates maximum revenue for the company. All of the group's revenue is generated from the PRC.

Executives

An Hui Jiu Xi Shi Ye Tou Zi You Xian Gong Si	2101 Beneficial owner
Matheson Enterprises Limited	2201 Interest of corporation controlled by you
Oriental Petroleum (yangtze) Limited	2101 Beneficial owner
Wang Mingxiang	2201 Interest of corporation controlled by you
Zhou Yifeng	2201 Interest of corporation controlled by you

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