Zhejiang RuiYuan Intelligent Control Technology Co (HKSE:08249) Inventory Turnover : 0.00 (As of Dec. 2024)

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What is Zhejiang RuiYuan Intelligent Control 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. Zhejiang RuiYuan Intelligent Control Technology Co's Cost of Goods Sold for the three months ended in Dec. 2024 was HK$0.00 Mil. Zhejiang RuiYuan Intelligent Control Technology Co's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$0.03 Mil. Zhejiang RuiYuan Intelligent Control Technology Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

Zhejiang RuiYuan Intelligent Control Technology Co Inventory Turnover Historical Data

The historical data trend for Zhejiang RuiYuan Intelligent Control 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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Zhejiang RuiYuan Intelligent Control Technology Co Inventory Turnover Chart

Zhejiang RuiYuan Intelligent Control Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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156.48

231.40

320.42

1,049.95

742.31

Zhejiang RuiYuan Intelligent Control Technology Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															-	-	160.97	-	-

Zhejiang RuiYuan Intelligent Control Technology Co Inventory Turnover Calculation

Zhejiang RuiYuan Intelligent Control Technology 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 )
=	21.898	/ (	(0.032	+	0.027)	/	2 )
=	21.898	/	0.0295
=	742.31

Zhejiang RuiYuan Intelligent Control Technology Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	0	/ (	(0	+	0.027)	/	1 )
=	0	/	0.027
=	0.00

Zhejiang RuiYuan Intelligent Control Technology Co (HKSE:08249) 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.

Zhejiang RuiYuan Intelligent Control Technology Co's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	0.027	/	0	*	365 / 4
	=

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.

Zhejiang RuiYuan Intelligent Control Technology Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	0.027	/	0
	=

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.

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Zhejiang RuiYuan Intelligent Control Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Zhejiang RuiYuan Intelligent Control Technology Co Ltd (HKSE:08249) » Definitions » Inventory Turnover

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Address

248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, HKG

Website

http://www.ruiyuanhk.com

Zhejiang RuiYuan Intelligent Control Technology Co Ltd is engaged in the businesses covering mainly the design, manufacturing, and sales of intelligent controller systems, CNC machine tools optical and mechanical products for consumer electrical and electronic appliances. The Group's business is operated in the PRC. The Group's reportable segments are sales of controller systems for electronic products and sales of mechanical products.

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