Touchstone International Medical Science Co (SHSE:688013) Inventory Turnover : 0.80 (As of Mar. 2025)

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What is Touchstone International Medical Science 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. Touchstone International Medical Science Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥27.4 Mil. Touchstone International Medical Science Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥34.2 Mil. Touchstone International Medical Science Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Touchstone International Medical Science Co's Days Inventory for the three months ended in Mar. 2025 was 114.26.

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. Touchstone International Medical Science Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.52.

Touchstone International Medical Science Co Inventory Turnover Historical Data

The historical data trend for Touchstone International Medical Science 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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Touchstone International Medical Science Co Inventory Turnover Chart

Touchstone International Medical Science Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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2.55

3.46

3.31

3.55

3.77

Touchstone International Medical Science 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															0.80	0.86	0.72	0.79	0.80

Touchstone International Medical Science Co Inventory Turnover Calculation

Touchstone International Medical Science 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 )
=	113.067	/ (	(29.204	+	30.769)	/	2 )
=	113.067	/	29.9865
=	3.77

Touchstone International Medical Science 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 )
=	27.352	/ (	(30.769	+	37.729)	/	2 )
=	27.352	/	34.249
=	0.80

Touchstone International Medical Science Co (SHSE:688013) 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.

Touchstone International Medical Science 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
	=	34.249	/	27.352	*	365 / 4
	=	114.26

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.

Touchstone International Medical Science 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 )
	=	34.249	/	65.846
	=	0.52

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.

Touchstone International Medical Science Co Inventory Turnover Related Terms

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Touchstone International Medical Science Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Touchstone International Medical Science Co Ltd (SHSE:688013) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

278 Dongping Street, Suzhou Industrial Park, Suzhou, CHN, 215123

Website

http://www.touchstonesurgical.com

Touchstone International Medical Science Co Ltd is specialized in the development of surgical staplers that enhance clinical performance, minimise risk and improve patient outcomes. The company's products include Auto Purse String Clamp for Single Use (APS); Intraluminal Stapler for Single Use (CSC&ECSC); Endoscopic Linear Cutter and Single Use Loading Unit (ELC&ELCC); Intraluminal Stapler for Single Use (KOL); Linear Cutter and Reloads (LC&LCC); Linear Stapler and Reloads (LS&LSC); PPH Stapler and Purse Sets for Single Use (PPH); Tissue - Selecting Therapy Stapler (TST33); Tissue - Selecting Therapy Stapler (TST36); and Tissue - Selecting Therapy Stapler (Proctology Examination Kit).

Executives

Huang Bin	Core technical personnel
Ding Shui Cheng	Core technical personnel
Yang Cai Hong	Director
Tian Guo Yu	Directors, senior managers
Zhang Su Mei	Core technical personnel
Liu Wei	Director
Chen Wang Yu	Director

Touchstone International Medical Science Co Headlines

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