Wus Printed Circuit (Kunshan) Co (SZSE:002463) Inventory Turnover : 0.89 (As of Mar. 2024)

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What is Wus Printed Circuit (Kunshan) 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. Wus Printed Circuit (Kunshan) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,709 Mil. Wus Printed Circuit (Kunshan) Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥1,913 Mil. Wus Printed Circuit (Kunshan) Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wus Printed Circuit (Kunshan) Co's Days Inventory for the three months ended in Mar. 2024 was 102.13.

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. Wus Printed Circuit (Kunshan) Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.74.

Wus Printed Circuit (Kunshan) Co Inventory Turnover Historical Data

The historical data trend for Wus Printed Circuit (Kunshan) 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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Wus Printed Circuit (Kunshan) Co Inventory Turnover Chart

Wus Printed Circuit (Kunshan) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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4.13

3.68

3.31

3.20

3.48

Wus Printed Circuit (Kunshan) 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															0.82	0.78	0.92	1.09	0.89

Wus Printed Circuit (Kunshan) Co Inventory Turnover Calculation

Wus Printed Circuit (Kunshan) 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 )
=	6152.203	/ (	(1785.924	+	1749.223)	/	2 )
=	6152.203	/	1767.5735
=	3.48

Wus Printed Circuit (Kunshan) 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 )
=	1709.046	/ (	(1749.223	+	2076.413)	/	2 )
=	1709.046	/	1912.818
=	0.89

Wus Printed Circuit (Kunshan) Co (SZSE:002463) 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.

Wus Printed Circuit (Kunshan) 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
	=	1912.818	/	1709.046	*	365 / 4
	=	102.13

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.

Wus Printed Circuit (Kunshan) 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 )
	=	1912.818	/	2584.035
	=	0.74

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.

Wus Printed Circuit (Kunshan) Co Inventory Turnover Related Terms

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Wus Printed Circuit (Kunshan) Co (SZSE:002463) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wus Printed Circuit (Kunshan) Co Ltd (SZSE:002463) » Definitions » Inventory Turnover

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Address

55 North Hei Long Jiang Road, Kunshan City, CHN, 215301

Website

http://www.wuscn.com

Wus Printed Circuit (Kunshan) Co Ltd is a China-based company. It is principally engaged in the manufacture, distribution and after-sale services of printed circuit boards (PCBs). The company's products include enterprise communication market boards, office and industrial equipment boards, automobile boards, consumer electronic boards and other products.

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