Jiangsu Zhongchao Holding Co (SZSE:002471) Inventory Turnover : 1.19 (As of Mar. 2025)

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What is Jiangsu Zhongchao Holding 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. Jiangsu Zhongchao Holding Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥927 Mil. Jiangsu Zhongchao Holding Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥781 Mil. Jiangsu Zhongchao Holding Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jiangsu Zhongchao Holding Co's Days Inventory for the three months ended in Mar. 2025 was 76.85.

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. Jiangsu Zhongchao Holding Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.75.

Jiangsu Zhongchao Holding Co Inventory Turnover Historical Data

The historical data trend for Jiangsu Zhongchao Holding 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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Jiangsu Zhongchao Holding Co Inventory Turnover Chart

Jiangsu Zhongchao Holding Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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5.98

8.96

9.49

9.78

7.99

Jiangsu Zhongchao Holding 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															1.44	1.59	1.73	1.86	1.19

Jiangsu Zhongchao Holding Co Inventory Turnover Calculation

Jiangsu Zhongchao Holding 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 )
=	4925.456	/ (	(569.609	+	662.632)	/	2 )
=	4925.456	/	616.1205
=	7.99

Jiangsu Zhongchao Holding 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 )
=	927.035	/ (	(662.632	+	898.896)	/	2 )
=	927.035	/	780.764
=	1.19

Jiangsu Zhongchao Holding Co (SZSE:002471) 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.

Jiangsu Zhongchao Holding 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
	=	780.764	/	927.035	*	365 / 4
	=	76.85

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.

Jiangsu Zhongchao Holding 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 )
	=	780.764	/	1035.293
	=	0.75

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.

Jiangsu Zhongchao Holding Co Inventory Turnover Related Terms

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Jiangsu Zhongchao Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Zhongchao Holding Co Ltd (SZSE:002471) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

999 Zhengfeng East Road, Xiaojiao Industrial Park, Wuxi, Jiangsu, Yixing, CHN, 214242

Website

http://www.zcdlgf.com

Jiangsu Zhongchao Holding Co Ltd is engaged in the production, sales, and servicing of electric wires and cables in China. The company mainly provides power cables, electric wires, and cables for electrical equipment, bare wires, cable materials, cable connectors, magnet wires, metal materials and teapots and fittings. Through its subsidiary, the company also offers turbine cases, turbine rotors, straightening blades, diffusers, and other related products.

Executives

Wang Zhi Ping	Executives
Li Bian Fen	Director
Liu Bao Ji	Director
Liu Guang Zhong	Directors, executives
Zhao Han Jun	Executives
Jiang Li Juan	Supervisors
Wu Ming Liang	Directors, executives
Li Chuan Bing	Executives
Xu Xiao	Executives
Sheng Hai Liang	Supervisors
Wang Qiang	Executives
Lu Ya Jun	Supervisors
Liu Hong Bin	Supervisors
Huo Zhen Ping	Director
Yu Wei Min	Supervisors

Jiangsu Zhongchao Holding Co Headlines

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