Fuda Alloy Materials Co (SHSE:603045) Inventory Turnover : 1.13 (As of Mar. 2025)

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What is Fuda Alloy Materials 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. Fuda Alloy Materials Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥945 Mil. Fuda Alloy Materials Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥838 Mil. Fuda Alloy Materials Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fuda Alloy Materials Co's Days Inventory for the three months ended in Mar. 2025 was 80.88.

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. Fuda Alloy Materials Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.83.

Fuda Alloy Materials Co Inventory Turnover Historical Data

The historical data trend for Fuda Alloy Materials 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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Fuda Alloy Materials Co Inventory Turnover Chart

Fuda Alloy Materials Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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4.49

4.38

3.13

4.14

4.94

Fuda Alloy Materials 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															0.88	1.29	1.24	1.38	1.13

Fuda Alloy Materials Co Inventory Turnover Calculation

Fuda Alloy Materials 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 )
=	3522.716	/ (	(648.238	+	776.562)	/	2 )
=	3522.716	/	712.4
=	4.94

Fuda Alloy Materials 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 )
=	945.069	/ (	(776.562	+	898.796)	/	2 )
=	945.069	/	837.679
=	1.13

Fuda Alloy Materials Co (SHSE:603045) 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.

Fuda Alloy Materials 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
	=	837.679	/	945.069	*	365 / 4
	=	80.88

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.

Fuda Alloy Materials 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 )
	=	837.679	/	1008.078
	=	0.83

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.

Fuda Alloy Materials Co Inventory Turnover Related Terms

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Fuda Alloy Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fuda Alloy Materials Co Ltd (SHSE:603045) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 518 Binhai Road, Economic and Technological Development Zone, Zhejiang Province, Wenzhou, CHN, 325025

Website

http://www.china-fuda.com

Fuda Alloy Materials Co Ltd is engaged in the design, production and sale of contact materials for electrical appliances and electronics products. The company's products include contact rivets, stamped tips, powder metallurgy tips, contact buttons, contact components, silver alloy wires and brazing alloys. The company offer its products to electric companies , like Schneider, ABB, Siemens, Chint, Delixi , Tyco, Mitsubishi, and Xiamen Hongfa.

Executives

Lin Wan Huan	Director
Zhang Qi Min	Director
Bai Xiao Ping	Director
Ma Si Ping	Supervisors
Chen Song Yang	Director
Wang Da Wu	Director

Fuda Alloy Materials Co Headlines

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