Wenzhou Yihua Connector Co (SZSE:002897) Inventory Turnover : 0.68 (As of Mar. 2025)

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What is Wenzhou Yihua Connector 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. Wenzhou Yihua Connector Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥1,109 Mil. Wenzhou Yihua Connector Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥1,632 Mil. Wenzhou Yihua Connector Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wenzhou Yihua Connector Co's Days Inventory for the three months ended in Mar. 2025 was 134.29.

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. Wenzhou Yihua Connector Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.20.

Wenzhou Yihua Connector Co Inventory Turnover Historical Data

The historical data trend for Wenzhou Yihua Connector 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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Wenzhou Yihua Connector Co Inventory Turnover Chart

Wenzhou Yihua Connector Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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3.57

3.16

2.69

2.83

3.20

Wenzhou Yihua Connector 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															0.78	0.74	0.72	0.68	0.68

Wenzhou Yihua Connector Co Inventory Turnover Calculation

Wenzhou Yihua Connector 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 )
=	4952.988	/ (	(1500.347	+	1592.678)	/	2 )
=	4952.988	/	1546.5125
=	3.20

Wenzhou Yihua Connector 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 )
=	1109.09	/ (	(1592.678	+	1671.747)	/	2 )
=	1109.09	/	1632.2125
=	0.68

Wenzhou Yihua Connector Co (SZSE:002897) 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.

Wenzhou Yihua Connector 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
	=	1632.2125	/	1109.09	*	365 / 4
	=	134.29

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.

Wenzhou Yihua Connector 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 )
	=	1632.2125	/	1365.349
	=	1.20

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.

Wenzhou Yihua Connector Co Inventory Turnover Related Terms

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Wenzhou Yihua Connector Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wenzhou Yihua Connector Co Ltd (SZSE:002897) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

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Address

Houxi Industrial Zone, Wengyu Town, Zhejiang Province, Yueqing, CHN, 325606

Website

http://www.czt.cn

Wenzhou Yihua Connector Co Ltd is an electronic connector manufacturing company. It is specializing in the development, production and sales of communication-based connectors and their components, providing customers with comprehensive interconnection product application solutions. The product range consists of network-type connectors, consumer electronic connectors, optoelectronic connectors, electrical power connectors, wiring terminals, power sockets, consumer electronic wiring harnesses, industrial and automotive electronic wiring harnesses and other ancillary products.

Executives

Fang Jian Wen	Director
Cai Sheng Cai	Director
Chen Xian Meng	Director
Zhu Song Ping	Director
Fang Jian Bin	Director
Jiang You An	Directors, executives
Li Zhen Song	Supervisors
Jiang Xin Rong	Executives
Chen Zhi	Executives
Zheng Ju Xiu	Director

Wenzhou Yihua Connector Co Headlines

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