Zhejiang Southeast Space Frame Co (SZSE:002135) Inventory Turnover : 1.46 (As of Mar. 2025)

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What is Zhejiang Southeast Space Frame 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 Southeast Space Frame Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥2,298 Mil. Zhejiang Southeast Space Frame Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥1,572 Mil. Zhejiang Southeast Space Frame Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhejiang Southeast Space Frame Co's Days Inventory for the three months ended in Mar. 2025 was 62.42.

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. Zhejiang Southeast Space Frame Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.65.

Zhejiang Southeast Space Frame Co Inventory Turnover Historical Data

The historical data trend for Zhejiang Southeast Space Frame 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 Southeast Space Frame Co Inventory Turnover Chart

Zhejiang Southeast Space Frame Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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5.90

6.24

5.56

5.60

5.90

Zhejiang Southeast Space Frame 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															1.37	1.55	1.44	1.06	1.46

Zhejiang Southeast Space Frame Co Inventory Turnover Calculation

Zhejiang Southeast Space Frame 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 )
=	10080.477	/ (	(2007.933	+	1410.729)	/	2 )
=	10080.477	/	1709.331
=	5.90

Zhejiang Southeast Space Frame 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 )
=	2298.401	/ (	(1410.729	+	1733.921)	/	2 )
=	2298.401	/	1572.325
=	1.46

Zhejiang Southeast Space Frame Co (SZSE:002135) 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 Southeast Space Frame 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
	=	1572.325	/	2298.401	*	365 / 4
	=	62.42

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.

Zhejiang Southeast Space Frame 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 )
	=	1572.325	/	2437.452
	=	0.65

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 Southeast Space Frame Co Inventory Turnover Related Terms

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Zhejiang Southeast Space Frame Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhejiang Southeast Space Frame Co Ltd (SZSE:002135) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Yaqian County, Xiaoshan District, Hangzhou, Zhejiang, CHN, 311209

Website

http://www.dongnanwangjia.com

Zhejiang Southeast Space Frame Co Ltd is engaged in the design, manufacturing, and installation of large-sized steel structures in China. It has a product range covers large span space truss structure, space frame structure, multilayer, high rise and super high-rise heavy steel structure, lightweight steel structure, metal roof system, steel structure residence and with production base in Guangdong, Sichuan, Zhejiang, and Tianjin.

Executives

Fang Jian Kun	Executives
Guo Ming Ming	Director
Zhou Su Ying	Supervisors

Zhejiang Southeast Space Frame Co Headlines

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