Silvery Dragon Prestressed Materials Co Tianjin (SHSE:603969) Inventory Turnover : 1.03 (As of Mar. 2025)

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What is Silvery Dragon Prestressed Materials Co Tianjin 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. Silvery Dragon Prestressed Materials Co Tianjin's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥445 Mil. Silvery Dragon Prestressed Materials Co Tianjin's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥431 Mil. Silvery Dragon Prestressed Materials Co Tianjin's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Silvery Dragon Prestressed Materials Co Tianjin's Days Inventory for the three months ended in Mar. 2025 was 88.19.

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. Silvery Dragon Prestressed Materials Co Tianjin's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.74.

Silvery Dragon Prestressed Materials Co Tianjin Inventory Turnover Historical Data

The historical data trend for Silvery Dragon Prestressed Materials Co Tianjin'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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Silvery Dragon Prestressed Materials Co Tianjin Inventory Turnover Chart

Silvery Dragon Prestressed Materials Co Tianjin Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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6.24

7.26

5.53

5.27

5.71

Silvery Dragon Prestressed Materials Co Tianjin 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															0.73	1.58	1.40	1.96	1.03

Silvery Dragon Prestressed Materials Co Tianjin Inventory Turnover Calculation

Silvery Dragon Prestressed Materials Co Tianjin'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 )
=	2489.971	/ (	(486.284	+	386.519)	/	2 )
=	2489.971	/	436.4015
=	5.71

Silvery Dragon Prestressed Materials Co Tianjin'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 )
=	445.478	/ (	(386.519	+	474.604)	/	2 )
=	445.478	/	430.5615
=	1.03

Silvery Dragon Prestressed Materials Co Tianjin (SHSE:603969) 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.

Silvery Dragon Prestressed Materials Co Tianjin'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
	=	430.5615	/	445.478	*	365 / 4
	=	88.19

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.

Silvery Dragon Prestressed Materials Co Tianjin'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 )
	=	430.5615	/	584.783
	=	0.74

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.

Silvery Dragon Prestressed Materials Co Tianjin Inventory Turnover Related Terms

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Silvery Dragon Prestressed Materials Co Tianjin Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Silvery Dragon Prestressed Materials Co Ltd Tianjin (SHSE:603969) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No.62 Shuangyuan Industry Park, Shuangjiang Road, Beichen District, Tianjin, CHN, 300400

Website

http://en.yinlong.com

Silvery Dragon Prestressed Materials Co Ltd Tianjin is engaged in the manufacturing of prestressed concrete steels. Its products include the whole system of PC wire, PC bar, and PC strand, also developed the special PC steel and the large diameter pre-stressed steel rods, hollow pre-stressed anchor bars, and for customers to develop all kinds of new products. It also researches of Railway sleeper, Railway track plate, bridges, PCCP water division pipe, hollow core board, PC pile and other Prestressed concrete structure.

Executives

Zhong Zhi Chao	Director
Xie Zhi Chao	senior management
Ai Zhi Gang	senior management
Zhang Qi Ming	senior management
Yu Jing Qi	Director
Xie Zhi Feng	Director
Xie Tie Gen	Director
Xie Zhao Ting	Supervisors
Xie Hui Zong	senior management
Xie Zhi Qin	senior management
Li Jing Quan	senior management
Zhang Xin	Director
Sun Wei Na	Director
Xie Tie Qiao	Director
Lian Jiang	Supervisors

Silvery Dragon Prestressed Materials Co Tianjin Headlines

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