Hefei Meyer Optoelectronic Technology (SZSE:002690) Inventory Turnover : 0.61 (As of Mar. 2025)

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What is Hefei Meyer Optoelectronic Technology 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. Hefei Meyer Optoelectronic Technology's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥190 Mil. Hefei Meyer Optoelectronic Technology's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥311 Mil. Hefei Meyer Optoelectronic Technology's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hefei Meyer Optoelectronic Technology's Days Inventory for the three months ended in Mar. 2025 was 149.27.

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. Hefei Meyer Optoelectronic Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.79.

Hefei Meyer Optoelectronic Technology Inventory Turnover Historical Data

The historical data trend for Hefei Meyer Optoelectronic Technology'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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Hefei Meyer Optoelectronic Technology Inventory Turnover Chart

Hefei Meyer Optoelectronic Technology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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3.49

2.86

2.41

2.70

3.29

Hefei Meyer Optoelectronic Technology 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															0.36	0.62	0.75	1.05	0.61

Hefei Meyer Optoelectronic Technology Inventory Turnover Calculation

Hefei Meyer Optoelectronic Technology'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 )
=	1145.487	/ (	(413.46	+	283.734)	/	2 )
=	1145.487	/	348.597
=	3.29

Hefei Meyer Optoelectronic Technology'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 )
=	189.891	/ (	(283.734	+	337.51)	/	2 )
=	189.891	/	310.622
=	0.61

Hefei Meyer Optoelectronic Technology (SZSE:002690) 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.

Hefei Meyer Optoelectronic Technology'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
	=	310.622	/	189.891	*	365 / 4
	=	149.27

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.

Hefei Meyer Optoelectronic Technology'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 )
	=	310.622	/	392.34
	=	0.79

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.

Hefei Meyer Optoelectronic Technology Inventory Turnover Related Terms

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Hefei Meyer Optoelectronic Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hefei Meyer Optoelectronic Technology Inc (SZSE:002690) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 668 Wangjiang Road, Hefei Hi-tech Industrial Development Zone, Anhui Province, Hefei, CHN, 230088

Website

http://www.chinameyer.com

Hefei Meyer Optoelectronic Technology Inc develops, manufactures and sells photoelectric detection and classification equipment. Its products include Color Sorter, X-ray inspection and others.

Executives

Hao Xian Jin	Director
Tian Ming	Director
Jiang Dong	Executives
Zhang Jian Jun	Executives
Ni Ying Jiu	Executives
Xu Peng	Directors, executives
Lin Mao Xian	Directors, executives
Xiang Cheng	Executives
Zhao Hui Fang	Independent director
Han Li Ming	Supervisors
Yu Neng Hong	Director

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