Shanghai DragonNet Technology Co (SZSE:300245) Inventory Turnover : 1.63 (As of Mar. 2025)

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What is Shanghai DragonNet 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. Shanghai DragonNet Technology Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥108.3 Mil. Shanghai DragonNet Technology Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥66.2 Mil. Shanghai DragonNet Technology Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanghai DragonNet Technology Co's Days Inventory for the three months ended in Mar. 2025 was 55.82.

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. Shanghai DragonNet Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.46.

Shanghai DragonNet Technology Co Inventory Turnover Historical Data

The historical data trend for Shanghai DragonNet 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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Shanghai DragonNet Technology Co Inventory Turnover Chart

Shanghai DragonNet Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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11.86

11.39

12.84

9.19

7.01

Shanghai DragonNet 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															1.06	1.73	1.22	2.88	1.63

Shanghai DragonNet Technology Co Inventory Turnover Calculation

Shanghai DragonNet 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 )
=	327.153	/ (	(33.541	+	59.795)	/	2 )
=	327.153	/	46.668
=	7.01

Shanghai DragonNet 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 )
=	108.297	/ (	(59.795	+	72.694)	/	2 )
=	108.297	/	66.2445
=	1.63

Shanghai DragonNet Technology Co (SZSE:300245) 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.

Shanghai DragonNet 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
	=	66.2445	/	108.297	*	365 / 4
	=	55.82

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.

Shanghai DragonNet 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 )
	=	66.2445	/	143.349
	=	0.46

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.

Shanghai DragonNet Technology Co Inventory Turnover Related Terms

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Shanghai DragonNet Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shanghai DragonNet Technology Co Ltd (SZSE:300245) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tianlin Road, Building 6, No. 1016, Minhang District, Shanghai, CHN, 200233

Website

http://www.dnt.com.cn

Shanghai DragonNet Technology Co Ltd is a high-tech firm operating in the IT infrastructure services field. It is engaged in offering high-end IT service and total solutions. The company's core businesses are IT maintenance services, IT management outsourcing services, and IT professional services (consulting and deployment). Its products are PBData, PhegData, PriData and other hyper-converged products which are combined with solutions such as PCloud-DCOS. In addition, the company also offers SaaS communication interconnection solution for internet and big data, with big data as the core of technology.

Executives

Du Li Yun	Director
Su Yu Jun	Director
Lu Wen Xiong	Directors, executives
Lou Ye	Director
Jiang Bei Bei	Director
Ye Lei	Executives
Yang Kai	Director
Lu Ting Jie	Directors, executives
Yu Mei Yi	Securities Affairs Representative
Peng Yu Long	Supervisors
Chen Hong Ke	Directors, executives
Wu Xue Song	Director
Zhou Quan	Supervisors
Zhu Fan Yu	Independent director
Liu Jie Qiong	Supervisors

Shanghai DragonNet Technology Co Headlines

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