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Yimikang Tech Group Co (SZSE:300249) Inventory Turnover : 0.91 (As of Mar. 2025)


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What is Yimikang Tech Group 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. Yimikang Tech Group Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥264 Mil. Yimikang Tech Group Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥290 Mil. Yimikang Tech Group Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.91.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yimikang Tech Group Co's Days Inventory for the three months ended in Mar. 2025 was 100.24.

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. Yimikang Tech Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.91.


Yimikang Tech Group Co Inventory Turnover Historical Data

The historical data trend for Yimikang Tech Group 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.

* Premium members only.

Yimikang Tech Group Co Inventory Turnover Chart

Yimikang Tech Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.54 2.53 1.81 2.53 4.15

Yimikang Tech Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.09 0.92 0.82 1.75 0.91

Yimikang Tech Group Co Inventory Turnover Calculation

Yimikang Tech Group 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 )
=986.699 / ((194.994 + 279.964) / 2 )
=986.699 / 237.479
=4.15

Yimikang Tech Group 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 )
=263.703 / ((279.964 + 299.388) / 2 )
=263.703 / 289.676
=0.91

* 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.


Yimikang Tech Group Co  (SZSE:300249) 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.

Yimikang Tech Group 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
=289.676/263.703*365 / 4
=100.24

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.

Yimikang Tech Group 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 )
=289.676 / 318.313
=0.91

* 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.


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.


Yimikang Tech Group Co Inventory Turnover Related Terms

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Yimikang Tech Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2, South 2nd Road, Keyuan , High-tech Zone, Sichuan Province, Chengdu, CHN, 610041
Yimikang Tech Group Co Ltd offers precision environment integrated solutions & services. It provides technology and solution services for IT construction, large healthcare construction, environmental governance and other cloud computing data centers. It operates in the business areas of the Information field, Medical field, and Environmental protection field. In the Information field, the company offers advanced products and total solutions in the fields of communication equipment, data center, smart building, and energy management. In the Medical field, it offers medical purification engineering, hospital's overall logistics system and medical equipment sales, and other services. Environmental protection consists of operation in the field of dust removal, desulfurization and out of stock.
Executives
Zhang Wan Directors, executives
Sun Jing Jing Directors, executives
Sun Yi Zheng Director
Wang Qian Executives
Zhang Min Securities Affairs Representative
Li Nian Supervisors
Zhou Shu Lan Directors, executives
Huang Jian Jun Executives
Xu Xiao Director
Song Bin Supervisors

Yimikang Tech Group Co Headlines

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