Talkweb Information System Co (SZSE:002261) Inventory Turnover : 0.72 (As of Mar. 2024)

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What is Talkweb Information System 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. Talkweb Information System Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥690 Mil. Talkweb Information System Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥961 Mil. Talkweb Information System Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Talkweb Information System Co's Days Inventory for the three months ended in Mar. 2024 was 127.07.

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. Talkweb Information System Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.18.

Talkweb Information System Co Inventory Turnover Historical Data

The historical data trend for Talkweb Information System 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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Talkweb Information System Co Inventory Turnover Chart

Talkweb Information System Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.41

3.89

3.71

2.40

2.79

Talkweb Information System Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.64	0.33	0.79	1.31	0.72

Talkweb Information System Co Inventory Turnover Calculation

Talkweb Information System 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 )
=	2506.781	/ (	(867.17	+	926.807)	/	2 )
=	2506.781	/	896.9885
=	2.79

Talkweb Information System Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	689.945	/ (	(926.807	+	994.725)	/	2 )
=	689.945	/	960.766
=	0.72

Talkweb Information System Co (SZSE:002261) 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.

Talkweb Information System Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	960.766	/	689.945	*	365 / 4
	=	127.07

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.

Talkweb Information System Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	960.766	/	812.565
	=	1.18

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.

Talkweb Information System Co Inventory Turnover Related Terms

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Talkweb Information System Co (SZSE:002261) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Talkweb Information System Co Ltd (SZSE:002261) » Definitions » Inventory Turnover

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Address

No. 298, Tonglupo West Road, Yuelu District, Hunan province, Changsha, CHN, 410205

Website

http://www.talkweb.com.cn

Talkweb Information System Co Ltd is a provider of software and hardware integrated products and solutions in China. It offers software cloud services, intelligent computing, Hongmeng ecology, and mobile games. The company provides services to approx. 31 provincial-level administrative regions across the country and more than 10 overseas countries. It focuses on key areas and industries such as digital government, intelligent manufacturing, intelligent transportation, intelligent education, and intelligent parks.

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