Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) Inventory Turnover : 0.66 (As of Mar. 2025)

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What is Southchip Semiconductor Technology (Shanghai) 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. Southchip Semiconductor Technology (Shanghai) Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥424 Mil. Southchip Semiconductor Technology (Shanghai) Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥643 Mil. Southchip Semiconductor Technology (Shanghai) Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Southchip Semiconductor Technology (Shanghai) Co's Days Inventory for the three months ended in Mar. 2025 was 138.42.

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. Southchip Semiconductor Technology (Shanghai) Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.94.

Southchip Semiconductor Technology (Shanghai) Co Inventory Turnover Historical Data

The historical data trend for Southchip Semiconductor Technology (Shanghai) 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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Southchip Semiconductor Technology (Shanghai) Co Inventory Turnover Chart

Southchip Semiconductor Technology (Shanghai) Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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4.62

4.61

2.69

2.39

2.70

Southchip Semiconductor Technology (Shanghai) Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial												0.61	0.62	0.59	0.64	0.66

Southchip Semiconductor Technology (Shanghai) Co Inventory Turnover Calculation

Southchip Semiconductor Technology (Shanghai) 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 )
=	1537.153	/ (	(525.383	+	613.564)	/	2 )
=	1537.153	/	569.4735
=	2.70

Southchip Semiconductor Technology (Shanghai) 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 )
=	423.728	/ (	(613.564	+	671.946)	/	2 )
=	423.728	/	642.755
=	0.66

Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) 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.

Southchip Semiconductor Technology (Shanghai) 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
	=	642.755	/	423.728	*	365 / 4
	=	138.42

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.

Southchip Semiconductor Technology (Shanghai) 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 )
	=	642.755	/	685.24
	=	0.94

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.

Southchip Semiconductor Technology (Shanghai) Co Inventory Turnover Related Terms

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Southchip Semiconductor Technology (Shanghai) Co Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Southchip Semiconductor Technology (Shanghai) Co Ltd (SHSE:688484) » Definitions » Inventory Turnover

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Address

No. 54, Lane 565, Shengxia Road, Room 1601, Building 4, Pilot Free Trade Zone, Shanghai, CHN, 201210

Website

http://www.southchip.com

Southchip Semiconductor Technology (Shanghai) Co Ltd is engaged in the research and development, design and sales of analog and embedded chips, power supply and battery management.

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