Linkage Software Co (SHSE:688588) Inventory Turnover : 24.09 (As of Jun. 2024)

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What is Linkage Software 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. Linkage Software Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥181.3 Mil. Linkage Software Co's Average Total Inventories for the quarter that ended in Jun. 2024 was ¥7.5 Mil. Linkage Software Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 24.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Linkage Software Co's Days Inventory for the three months ended in Jun. 2024 was 3.79.

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. Linkage Software Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.03.

Linkage Software Co Inventory Turnover Historical Data

The historical data trend for Linkage Software 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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Linkage Software Co Inventory Turnover Chart

Linkage Software Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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35.60

44.66

70.70

99.19

112.69

Linkage Software Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial															15.75	14.07	23.20	35.18	24.09

Linkage Software Co Inventory Turnover Calculation

Linkage Software Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	435.814	/ (	(3.883	+	3.852)	/	2 )
=	435.814	/	3.8675
=	112.69

Linkage Software Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	181.304	/ (	(6.813	+	8.24)	/	2 )
=	181.304	/	7.5265
=	24.09

Linkage Software Co (SHSE:688588) 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.

Linkage Software Co's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	7.5265	/	181.304	*	365 / 4
	=	3.79

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.

Linkage Software Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	7.5265	/	263.736
	=	0.03

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.

Linkage Software Co Inventory Turnover Related Terms

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Linkage Software Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Linkage Software Co Ltd (SHSE:688588) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

No. 96, Qitai Road, Suzhou Industrial Park, Lingzhi Building, Jiangsu Province, Suzhou, CHN, 215123

Website

http://www.linkstec.com

Linkage Software Co Ltd is a financial software solution provider. The company is committed to the application of emerging technologies in the financial industry, providing customers with a full range of software services such as consulting, design, development, and maintenance. It provides software services in the fields of securities, insurance, banking, trust, and asset management. It uses various technologies such as cloud computing, big data, and artificial intelligence.

Executives

Liang Qi Hua	Directors, senior managers
Zhou Ying	Directors, senior managers, core technical personn

Linkage Software Co Headlines

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