Zhejiang Communications Technology Co (SZSE:002061) Inventory Turnover : 5.76 (As of Mar. 2025)

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What is Zhejiang Communications 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. Zhejiang Communications Technology Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥7,567 Mil. Zhejiang Communications Technology Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥1,315 Mil. Zhejiang Communications Technology Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 5.76.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhejiang Communications Technology Co's Days Inventory for the three months ended in Mar. 2025 was 15.86.

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. Zhejiang Communications Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.16.

Zhejiang Communications Technology Co Inventory Turnover Historical Data

The historical data trend for Zhejiang Communications 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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Zhejiang Communications Technology Co Inventory Turnover Chart

Zhejiang Communications Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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28.94

25.54

23.92

24.06

28.83

Zhejiang Communications Technology 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															3.85	5.21	5.91	10.09	5.76

Zhejiang Communications Technology Co Inventory Turnover Calculation

Zhejiang Communications 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 )
=	44002.374	/ (	(1840.029	+	1212.603)	/	2 )
=	44002.374	/	1526.316
=	28.83

Zhejiang Communications Technology 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 )
=	7566.528	/ (	(1212.603	+	1416.847)	/	2 )
=	7566.528	/	1314.725
=	5.76

Zhejiang Communications Technology Co (SZSE:002061) 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.

Zhejiang Communications Technology 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
	=	1314.725	/	7566.528	*	365 / 4
	=	15.86

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.

Zhejiang Communications Technology 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 )
	=	1314.725	/	8171.374
	=	0.16

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.

Zhejiang Communications Technology Co Inventory Turnover Related Terms

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Zhejiang Communications Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhejiang Communications Technology Co Ltd (SZSE:002061) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 38 Jingxing East Road, Zheijiang Province, Jiangshan, CHN, 310051

Website

http://www.zjjiaoke.com

Zhejiang Communications Technology Co Ltd is mainly engaged in the construction of infrastructure projects. The company's business involves five sectors: The transportation infrastructure sector: Urban construction sector: Comprehensive maintenance industry sector: Transportation manufacturing industry sector, and other traffic engineering supporting products.

Executives

Wu Wei	Director
Shao Wen Nian	Director
Zhang Xu	Independent director
Xing Jiang Nan	Director
Xu Chun Lin	Director
Yan Zi Qian	Supervisors
Zhou Min Xia	Supervisors

Zhejiang Communications Technology Co Headlines

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