ZYF Lopsking Material Technology Co (SZSE:002333) Inventory Turnover : 1.39 (As of Dec. 2024)

View and export this data going back to 2010. Start your Free Trial

What is ZYF Lopsking Material 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. ZYF Lopsking Material Technology Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ¥418 Mil. ZYF Lopsking Material Technology Co's Average Total Inventories for the quarter that ended in Dec. 2024 was ¥300 Mil. ZYF Lopsking Material Technology Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ZYF Lopsking Material Technology Co's Days Inventory for the three months ended in Dec. 2024 was 65.61.

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. ZYF Lopsking Material Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.64.

ZYF Lopsking Material Technology Co Inventory Turnover Historical Data

The historical data trend for ZYF Lopsking Material 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.

* Premium members only.

ZYF Lopsking Material Technology Co Inventory Turnover Chart

ZYF Lopsking Material Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

5.40

6.38

4.88

5.03

5.34

ZYF Lopsking Material Technology Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															1.37	0.99	1.25	1.18	1.39

ZYF Lopsking Material Technology Co Inventory Turnover Calculation

ZYF Lopsking Material 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 )
=	1453.367	/ (	(273.843	+	270.099)	/	2 )
=	1453.367	/	271.971
=	5.34

ZYF Lopsking Material Technology Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	417.771	/ (	(330.701	+	270.099)	/	2 )
=	417.771	/	300.4
=	1.39

ZYF Lopsking Material Technology Co (SZSE:002333) 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.

ZYF Lopsking Material Technology Co's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	300.4	/	417.771	*	365 / 4
	=	65.61

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.

ZYF Lopsking Material Technology Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	300.4	/	471.591
	=	0.64

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.

ZYF Lopsking Material Technology Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of ZYF Lopsking Material Technology Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

ZYF Lopsking Material Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » ZYF Lopsking Material Technology Co Ltd (SZSE:002333) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 2777 Taidong Road, Panyang Industrial Park, Huangdai Town, Xiangcheng District, Jiangsu Province, Suzhou, CHN, 215143

Website

http://www.lpsk.com.cn

ZYF Lopsking Material Technology Co Ltd is engaged in the research and development, production and sales of aluminum alloy cast rods, aluminum alloy extruded profiles including architectural aluminum profiles, industrial aluminum profiles and their processed products.

Executives

Yang Long Mei

Supervisors

ZYF Lopsking Material Technology Co Headlines

No Headlines