Guangdong Leadyo IC Testing Co (SHSE:688135) Inventory Turnover : 4.20 (As of Mar. 2025)

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What is Guangdong Leadyo IC Testing 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. Guangdong Leadyo IC Testing Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥100.4 Mil. Guangdong Leadyo IC Testing Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥23.9 Mil. Guangdong Leadyo IC Testing Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 4.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Guangdong Leadyo IC Testing Co's Days Inventory for the three months ended in Mar. 2025 was 21.75.

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. Guangdong Leadyo IC Testing Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.18.

Guangdong Leadyo IC Testing Co Inventory Turnover Historical Data

The historical data trend for Guangdong Leadyo IC Testing 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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Guangdong Leadyo IC Testing Co Inventory Turnover Chart

Guangdong Leadyo IC Testing Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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26.92

14.31

12.41

15.29

16.51

Guangdong Leadyo IC Testing 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															3.90	3.09	2.91	3.85	4.20

Guangdong Leadyo IC Testing Co Inventory Turnover Calculation

Guangdong Leadyo IC Testing 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 )
=	386.119	/ (	(20.898	+	25.879)	/	2 )
=	386.119	/	23.3885
=	16.51

Guangdong Leadyo IC Testing 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 )
=	100.439	/ (	(25.879	+	21.997)	/	2 )
=	100.439	/	23.938
=	4.20

Guangdong Leadyo IC Testing Co (SHSE:688135) 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.

Guangdong Leadyo IC Testing 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
	=	23.938	/	100.439	*	365 / 4
	=	21.75

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.

Guangdong Leadyo IC Testing 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 )
	=	23.938	/	130.068
	=	0.18

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.

Guangdong Leadyo IC Testing Co Inventory Turnover Related Terms

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Guangdong Leadyo IC Testing Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Guangdong Leadyo IC Testing Co Ltd (SHSE:688135) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Xinfeng East 2nd Road, Wanjiang Street, Mowu, Guangdong Province, Dongguan, CHN, 523050

Website

http://www.leadyo.com

Guangdong Leadyo IC Testing Co Ltd is engaged in integrated circuit testing program development, 12-inch and 8-inch wafer testing services, finished chip testing services, and supporting services related to integrated circuit testing. It specializes in the semiconductor back-end processing step including the manufacture of integrated circuits of wafer testing, wafer thinning, wafer cutting, product testing and IC taping one-stop service, IC testing and provide software development, chip testing analysis, Load Board MPW production and engineering validation and Probe Card batch production, and other related services.

Executives

Yuan Jun	Director, core technical staff
Zhang Yi Feng	Directors, senior managers, core technical personn
Gu Shi Tao	Directors, senior managers, core technical personn
Zhang Li Ping	Supervisors
Qu Hao	Director
Lu Xu Kun	Core technical personnel
Zheng Chao Sheng	Core technical personnel
Deng Xian Xue	Supervisors
Xu Jie Feng	Supervisors
Huang Zhu	Director
Huang Jiang	Director

Guangdong Leadyo IC Testing Co Headlines

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