Phenix Optics Co (SHSE:600071) Inventory Turnover : 1.18 (As of Mar. 2025)

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What is Phenix Optics 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. Phenix Optics Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥281 Mil. Phenix Optics Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥237 Mil. Phenix Optics Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Phenix Optics Co's Days Inventory for the three months ended in Mar. 2025 was 77.02.

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. Phenix Optics Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.71.

Phenix Optics Co Inventory Turnover Historical Data

The historical data trend for Phenix Optics 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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Phenix Optics Co Inventory Turnover Chart

Phenix Optics Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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5.86

5.50

5.81

6.00

5.61

Phenix Optics 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															1.40	1.46	1.61	1.58	1.18

Phenix Optics Co Inventory Turnover Calculation

Phenix Optics 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 )
=	1417.349	/ (	(250.346	+	254.828)	/	2 )
=	1417.349	/	252.587
=	5.61

Phenix Optics 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 )
=	281.047	/ (	(254.828	+	219.594)	/	2 )
=	281.047	/	237.211
=	1.18

Phenix Optics Co (SHSE:600071) 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.

Phenix Optics 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
	=	237.211	/	281.047	*	365 / 4
	=	77.02

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.

Phenix Optics 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 )
	=	237.211	/	334.572
	=	0.71

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.

Phenix Optics Co Inventory Turnover Related Terms

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Phenix Optics Co Business Description

Industry

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Address

197 West Avenue, Shangrao, Jiangxi, CHN, 334000

Website

http://www.phenixoptics.com.cn

Phenix Optics Co Ltd is engaged in the optical components processing business in China. Its principal business includes the manufacture and sales of optical lenses, optics, microscopes, metalworking, and other products. Its products are mainly used in the cameras, camera phones, projector monitoring equipment, vehicle-borne products, university education, and industrial fields. The company mainly distributes its products in domestic and overseas markets.

Executives

Tang Wen Ming	Director
Wang Xi Yan	Director
Mou Jian Xin	Director
Liu Lin Chun	Director
Ge Liang Hui	senior management
Ren Jie	Director

Phenix Optics Co Headlines

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