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Allied Machinery Co (SHSE:605060) Inventory Turnover : 0.73 (As of Mar. 2025)


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What is Allied Machinery 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. Allied Machinery Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥176 Mil. Allied Machinery Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥240 Mil. Allied Machinery Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Allied Machinery Co's Days Inventory for the three months ended in Mar. 2025 was 124.45.

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. Allied Machinery Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.87.


Allied Machinery Co Inventory Turnover Historical Data

The historical data trend for Allied Machinery 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.

* Premium members only.

Allied Machinery Co Inventory Turnover Chart

Allied Machinery Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 3.39 3.87 3.88 3.63 3.10

Allied Machinery 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 0.89 0.78 0.76 0.73

Allied Machinery Co Inventory Turnover Calculation

Allied Machinery 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 )
=720.481 / ((214.47 + 249.76) / 2 )
=720.481 / 232.115
=3.10

Allied Machinery 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 )
=176.113 / ((249.76 + 230.628) / 2 )
=176.113 / 240.194
=0.73

* 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.


Allied Machinery Co  (SHSE:605060) 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.

Allied Machinery 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
=240.194/176.113*365 / 4
=124.45

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.

Allied Machinery 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 )
=240.194 / 275.034
=0.87

* 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.


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.


Allied Machinery Co Inventory Turnover Related Terms

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Allied Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No. 77, 18th Street, Economic and Technological Development Zone, Zhejiang Province, Hangzhou, CHN, 310018
Allied Machinery Co Ltd is a a full service provider of machined castings for industry. It supplies machined castings for industries.
Executives
Sun Yuan Director

Allied Machinery Co Headlines

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