Traffic Control Technology Co (SHSE:688015) Inventory Turnover : 0.65 (As of Dec. 2024)

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What is Traffic Control Technology 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. Traffic Control Technology Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ¥545 Mil. Traffic Control Technology Co's Average Total Inventories for the quarter that ended in Dec. 2024 was ¥833 Mil. Traffic Control Technology Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Traffic Control Technology Co's Days Inventory for the three months ended in Dec. 2024 was 139.52.

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. Traffic Control Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.03.

Traffic Control Technology Co Inventory Turnover Historical Data

The historical data trend for Traffic Control Technology 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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Traffic Control Technology Co Inventory Turnover Chart

Traffic Control Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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1.87

1.83

2.11

1.96

1.87

Traffic Control Technology Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.72	0.40	0.41	0.43	0.65

Traffic Control Technology Co Inventory Turnover Calculation

Traffic Control Technology 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 )
=	1486.296	/ (	(757.784	+	830.248)	/	2 )
=	1486.296	/	794.016
=	1.87

Traffic Control Technology Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	545.062	/ (	(836.543	+	830.248)	/	2 )
=	545.062	/	833.3955
=	0.65

Traffic Control Technology Co (SHSE:688015) 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.

Traffic Control Technology Co's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	833.3955	/	545.062	*	365 / 4
	=	139.52

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.

Traffic Control Technology Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	833.3955	/	807.88
	=	1.03

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.

Traffic Control Technology Co Inventory Turnover Related Terms

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Traffic Control Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Traffic Control Technology Co Ltd (SHSE:688015) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Zhicheng North Street, Room 101, 1st Floor, Building 1, Jiaokong Building, Fengtai District, Beijing, CHN, 100070

Website

http://www.bj-tct.com

Traffic Control Technology Co Ltd is committed towards providing telecom signal system solutions and full lifecycle services for improved rail transit. It covers communications-based train control systems, interoperable systems compatible with multiple signal systems, GOA4 level fully automatic operation system and various others.

Executives

Liu Chao	Core technical personnel
Guo Hui	Core technical personnel
Zhi Guo Sheng	senior management
Xiao Xiao	Core technical personnel
Bi Wei Wei	senior management
Fan Ying	Senior management, core technical personnel
Gao Chun Hai	Directors, senior managers
Zhang Yang	senior management
Wang Wei	Senior management, core technical personnel
Yang Xu Wen	Core technical personnel
Huang Qing	senior management
Wang Zhi Yu	senior management
Liu Bo	Core technical personnel
Li Chun Hong	Directors, senior managers
Zhang Jian Ming	senior management

Traffic Control Technology Co Headlines

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