Milkyway Intelligent Supply Chain Service Group Co (SHSE:603713) Inventory Turnover : 4.19 (As of Mar. 2025)

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What is Milkyway Intelligent Supply Chain Service 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. Milkyway Intelligent Supply Chain Service Group Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥2,954 Mil. Milkyway Intelligent Supply Chain Service Group Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥705 Mil. Milkyway Intelligent Supply Chain Service Group Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 4.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Milkyway Intelligent Supply Chain Service Group Co's Days Inventory for the three months ended in Mar. 2025 was 21.78.

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. Milkyway Intelligent Supply Chain Service Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.21.

Milkyway Intelligent Supply Chain Service Group Co Inventory Turnover Historical Data

The historical data trend for Milkyway Intelligent Supply Chain Service 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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Milkyway Intelligent Supply Chain Service Group Co Inventory Turnover Chart

Milkyway Intelligent Supply Chain Service Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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195.58

160.67

60.02

16.28

15.18

Milkyway Intelligent Supply Chain Service 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															3.43	4.50	6.40	4.11	4.19

Milkyway Intelligent Supply Chain Service Group Co Inventory Turnover Calculation

Milkyway Intelligent Supply Chain Service 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 )
=	10734.377	/ (	(791.07	+	622.928)	/	2 )
=	10734.377	/	706.999
=	15.18

Milkyway Intelligent Supply Chain Service 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 )
=	2953.897	/ (	(622.928	+	787.309)	/	2 )
=	2953.897	/	705.1185
=	4.19

Milkyway Intelligent Supply Chain Service Group Co (SHSE:603713) 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.

Milkyway Intelligent Supply Chain Service 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
	=	705.1185	/	2953.897	*	365 / 4
	=	21.78

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.

Milkyway Intelligent Supply Chain Service 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 )
	=	705.1185	/	3341.957
	=	0.21

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.

Milkyway Intelligent Supply Chain Service Group Co Inventory Turnover Related Terms

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Milkyway Intelligent Supply Chain Service Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Milkyway Intelligent Supply Chain Service Group Co Ltd (SHSE:603713) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jinxiu East Road, Building 39, Jinxiu Shenjiang Jinqiao Huahong Innovation Park, Lane 2777, Pudong New District, Shanghai, CHN, 201206

Website

https://www.mwclg.com

Milkyway Intelligent Supply Chain Service Group Co Ltd is engaged in providing one-stop comprehensive logistics services with freight forwarding, warehousing and transportation as the core, as well as chemical product trading services.

Executives

Chen Yin He	Directors, senior managers
Hua Yi	senior management
Peng Sai	senior management

Milkyway Intelligent Supply Chain Service Group Co Headlines

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