Suzhou Institute Of Building Science Group Co (SHSE:603183) Inventory Turnover : 1.71 (As of Mar. 2025)

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What is Suzhou Institute Of Building Science Group 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. Suzhou Institute Of Building Science Group Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥87.3 Mil. Suzhou Institute Of Building Science Group Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥51.2 Mil. Suzhou Institute Of Building Science Group Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Suzhou Institute Of Building Science Group Co's Days Inventory for the three months ended in Mar. 2025 was 53.49.

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. Suzhou Institute Of Building Science Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.34.

Suzhou Institute Of Building Science Group Co Inventory Turnover Historical Data

The historical data trend for Suzhou Institute Of Building Science Group 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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Suzhou Institute Of Building Science Group Co Inventory Turnover Chart

Suzhou Institute Of Building Science Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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4.90

5.52

4.96

5.75

6.98

Suzhou Institute Of Building Science Group 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															1.27	1.50	1.84	2.77	1.71

Suzhou Institute Of Building Science Group Co Inventory Turnover Calculation

Suzhou Institute Of Building Science Group 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 )
=	467.974	/ (	(73.998	+	60.03)	/	2 )
=	467.974	/	67.014
=	6.98

Suzhou Institute Of Building Science Group 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 )
=	87.278	/ (	(60.03	+	42.294)	/	2 )
=	87.278	/	51.162
=	1.71

Suzhou Institute Of Building Science Group Co (SHSE:603183) 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.

Suzhou Institute Of Building Science Group 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
	=	51.162	/	87.278	*	365 / 4
	=	53.49

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.

Suzhou Institute Of Building Science Group 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 )
	=	51.162	/	150.776
	=	0.34

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.

Suzhou Institute Of Building Science Group Co Inventory Turnover Related Terms

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Suzhou Institute Of Building Science Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Suzhou Institute Of Building Science Group Co Ltd (SHSE:603183) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Wuzhong Road, No. 1368, Yuexi Street, three buildings, Wuzhong Economic Development Zone, Jiangsu Province, Suzhou, CHN

Website

http://www.szjkjt.com

Suzhou Institute Of Building Science Group Co Ltd is an engineering services company. Its main business includes engineering and technical services as well as the production and sales of new building materials. Its engineering technology services include engineering inspection, engineering professional construction, engineering design and engineering supervision and other technical services. The new building materials include waterproof membranes, waterproof coatings, concrete admixtures, insulation materials, building structural adhesives and other building materials.

Executives

Chu Ying	Supervisors
Li Zhen Quan	Supervisors
Chen Jian	Supervisors
Gu Xiao Ping	Director, Supervisor
Ding Zheng Wei	Director
Wu Qi Chao	Director
Wang Hui Ming	Director
Qian Qing Fang	senior management
Ren Ping	senior management
Huang Chun Sheng	Director
Li Dong Ping	Supervisors
Wu Xiao Xiang	Director
Zhao Qiang	Director

Suzhou Institute Of Building Science Group Co Headlines

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