Leascend Technology Co (SZSE:300051) Inventory Turnover : 2.22 (As of Mar. 2025)

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What is Leascend Technology 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. Leascend Technology Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥109.3 Mil. Leascend Technology Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥49.3 Mil. Leascend Technology Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 2.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Leascend Technology Co's Days Inventory for the three months ended in Mar. 2025 was 41.18.

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. Leascend Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.49.

Leascend Technology Co Inventory Turnover Historical Data

The historical data trend for Leascend Technology 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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Leascend Technology Co Inventory Turnover Chart

Leascend Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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205.33

193.20

86.33

2.65

7.00

Leascend Technology 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															0.53	1.39	1.82	2.67	2.22

Leascend Technology Co Inventory Turnover Calculation

Leascend Technology 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 )
=	512.603	/ (	(97.258	+	49.146)	/	2 )
=	512.603	/	73.202
=	7.00

Leascend Technology 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 )
=	109.254	/ (	(49.146	+	49.454)	/	2 )
=	109.254	/	49.3
=	2.22

Leascend Technology Co (SZSE:300051) 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.

Leascend Technology 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
	=	49.3	/	109.254	*	365 / 4
	=	41.18

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.

Leascend Technology 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 )
	=	49.3	/	99.733
	=	0.49

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.

Leascend Technology Co Inventory Turnover Related Terms

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Leascend Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Leascend Technology Co Ltd (SZSE:300051) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Guanri Road, Phase II, Software Park, 1st Floor, Torch Hi-Tech Industrial Development Zone, Fujian province, Xiamen, CHN, 361008

Website

http://www.35.com

Leascend Technology Co Ltd, formerly Xiamen 35.com Technology Co Ltd operates in the software service industry in China. It offers enterprise internet solutions, corporate communication solutions, mobile office solutions, and business management solutions. The company provides its clients with enterprise mailboxes, electronic commercial websites, domain registration, smart restaurants, 35 cloud attendance, cloud office bag, office automation systems, among others.

Executives

Zhang Wei Wei	Executives
Tang Jing Lei	Executives
Chen Tu Bao	Supervisors
Yu Cheng Bin	Supervisors
Zhang Xiao Chu	Executives
Gong Shao Hui	Directors, executives
Yang Xiao Liang	Directors, Directors, and Executives
Zhang Mei Wen	Directors, executives
Shen Wen Ce	Director
Li Yun Fei	Executives
Ceng Hua Qun	Director

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