Rastar Group (SZSE:300043) Inventory Turnover : 3.06 (As of Mar. 2025)

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What is Rastar Group 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. Rastar Group's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥214 Mil. Rastar Group's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥70 Mil. Rastar Group's Inventory Turnover for the quarter that ended in Mar. 2025 was 3.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rastar Group's Days Inventory for the three months ended in Mar. 2025 was 29.80.

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. Rastar Group's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.17.

Rastar Group Inventory Turnover Historical Data

The historical data trend for Rastar Group'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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Rastar Group Inventory Turnover Chart

Rastar Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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19.26

19.59

20.43

18.13

15.60

Rastar Group 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															3.75	4.41	4.30	3.40	3.06

Rastar Group Inventory Turnover Calculation

Rastar Group'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 )
=	1010.172	/ (	(61.643	+	67.85)	/	2 )
=	1010.172	/	64.7465
=	15.60

Rastar Group'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 )
=	213.971	/ (	(67.85	+	71.927)	/	2 )
=	213.971	/	69.8885
=	3.06

Rastar Group (SZSE:300043) 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.

Rastar Group'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
	=	69.8885	/	213.971	*	365 / 4
	=	29.80

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.

Rastar Group'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 )
	=	69.8885	/	414.41
	=	0.17

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.

Rastar Group Inventory Turnover Related Terms

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Rastar Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Rastar Group (SZSE:300043) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

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Address

Xiadao Road, Xinghui Industril Park, Guang-Feng Industrial Zone, Shanghua Town, Chenghai District, Guangdong Province, Shantou, CHN, 510627

Website

http://www.rastar.cn

Rastar Group is a Chinese company involved in the development, manufacturing, and sale of model cars in China. It also manufactures RC auto model, Die cast car, Ride-on products, and baby safety car seats. The company sells its products in China and also exports its products to the international countries.

Executives

Lu Zui Lan	Executives
Chen Yan Sheng	Director
Zheng Ze Feng	Directors, executives
You Shi Li	Supervisors
Peng Fei	Supervisors
Liu Yu Ling	Executives
Huang Wen Sheng	Securities Affairs Representative
Chen Yue Ping	Supervisors
Cheng You Liang	Supervisors
Huang Ting	Director
Yang Nong	Secretary, Director
Li Chun Guang	Executives
Chen Feng	Director
Tu Xin	Director

Rastar Group Headlines

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