Fangda Special Steel Technology Co (SHSE:600507) Inventory Turnover : 2.78 (As of Mar. 2025)

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What is Fangda Special Steel 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. Fangda Special Steel Technology Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥3,909 Mil. Fangda Special Steel Technology Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥1,408 Mil. Fangda Special Steel Technology Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 2.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fangda Special Steel Technology Co's Days Inventory for the three months ended in Mar. 2025 was 32.87.

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. Fangda Special Steel Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.32.

Fangda Special Steel Technology Co Inventory Turnover Historical Data

The historical data trend for Fangda Special Steel 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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Fangda Special Steel Technology Co Inventory Turnover Chart

Fangda Special Steel Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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9.64

12.31

17.96

13.96

13.01

Fangda Special Steel Technology 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															2.80	3.40	3.29	3.55	2.78

Fangda Special Steel Technology Co Inventory Turnover Calculation

Fangda Special Steel 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 )
=	20525.586	/ (	(1773.471	+	1380.764)	/	2 )
=	20525.586	/	1577.1175
=	13.01

Fangda Special Steel Technology 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 )
=	3909.116	/ (	(1380.764	+	1435.3)	/	2 )
=	3909.116	/	1408.032
=	2.78

Fangda Special Steel Technology Co (SHSE:600507) 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.

Fangda Special Steel Technology 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
	=	1408.032	/	3909.116	*	365 / 4
	=	32.87

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.

Fangda Special Steel Technology 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 )
	=	1408.032	/	4345.537
	=	0.32

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.

Fangda Special Steel Technology Co Inventory Turnover Related Terms

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Fangda Special Steel Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Fangda Special Steel Technology Co Ltd (SHSE:600507) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 475 Yanjin Avenue, Qingshanhu District, Nanchang, Jiangxi, CHN, 330012

Website

http://www.fangda-specialsteels.com

Fangda Special Steel Technology Co Ltd is mainly engaged in the production and distribution of iron and steel products. It is also involved in processing coke crafts, sintering, smelting iron, steel-making, and steel rolling. The company's products include the automotive leaf springs, deformed steel bars, spring flat steels, round springs, shock absorbers, spring special equipment, auto parts, and molds.

Executives

Li Hong Wei	Director
Wu Xiao	senior management
Xie Fei Ming	Director
Yin Ai Guo	Director
Huang Zhi Hua	Director
Rao Dong Yun	Director
Ju Qi Ping	Director
Ao Xin Hua	Director
Wu Feng	senior management
Tan Zhao Chun	Director
Song Ying	Director
Zhong Chong Wu	Director
Tian Xiao Long	senior management
Wang Chun Lei	senior management
Liu De Ming	senior management

Fangda Special Steel Technology Co Headlines

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