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Ygsoft (SZSE:002063) Inventory Turnover : 4.33 (As of Mar. 2025)


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What is Ygsoft 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. Ygsoft's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥190 Mil. Ygsoft's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥44 Mil. Ygsoft's Inventory Turnover for the quarter that ended in Mar. 2025 was 4.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ygsoft's Days Inventory for the three months ended in Mar. 2025 was 21.09.

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. Ygsoft's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.11.


Ygsoft Inventory Turnover Historical Data

The historical data trend for Ygsoft'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.

* Premium members only.

Ygsoft Inventory Turnover Chart

Ygsoft Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.64 24.11 25.58 29.70 38.02

Ygsoft 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.61 4.15 2.90 7.17 4.33

Ygsoft Inventory Turnover Calculation

Ygsoft'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 )
=1064.737 / ((28.891 + 27.118) / 2 )
=1064.737 / 28.0045
=38.02

Ygsoft'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 )
=190.034 / ((27.118 + 60.727) / 2 )
=190.034 / 43.9225
=4.33

* 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.


Ygsoft  (SZSE:002063) 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.

Ygsoft'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
=43.9225/190.034*365 / 4
=21.09

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.

Ygsoft'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 )
=43.9225 / 416.64
=0.11

* 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.


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.


Ygsoft Inventory Turnover Related Terms

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Ygsoft Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Science and Technology Road, Gangwan Avenue, Technology Innovation Coastal Light Software Park, Guangdong Province, Zhuhai, CHN, 519085
Ygsoft Inc supplies business management and social service information systems in China. It is focused on providing enterprise management software for the energy industry. The company offers a cloud platform, cloud services, big data service, blockchain services, group resource management, comprehensive risk management, asset lifecycle management and multi-project management.
Executives
Song Xiao Song Executives
Wang Zhi Gang Executives
Chen Li Hao Director
Huang Xiao Hua Directors, executives
Zhou Li Directors, executives
Jian Lu Ran Executives
Li Mei Ping Executives
Qin Xiu Fen Executives
Zheng Pei Min Executives
Ma Kai Long Executives
Xiang Wan Hong Directors, executives
Dai Wen Bin Secretary Dong
Wang Hui Executives
Mao Hua Xia Executives
Peng Jia Hui Secretary, Director

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