Sino Wealth Electronic (SZSE:300327) Inventory Turnover : 0.39 (As of Dec. 2024)

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What is Sino Wealth Electronic 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. Sino Wealth Electronic's Cost of Goods Sold for the three months ended in Dec. 2024 was ¥245 Mil. Sino Wealth Electronic's Average Total Inventories for the quarter that ended in Dec. 2024 was ¥631 Mil. Sino Wealth Electronic's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sino Wealth Electronic's Days Inventory for the three months ended in Dec. 2024 was 234.93.

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. Sino Wealth Electronic's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.72.

Sino Wealth Electronic Inventory Turnover Historical Data

The historical data trend for Sino Wealth Electronic'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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Sino Wealth Electronic Inventory Turnover Chart

Sino Wealth Electronic Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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5.16

4.82

2.25

1.32

1.35

Sino Wealth Electronic Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.35	0.30	0.33	0.34	0.39

Sino Wealth Electronic Inventory Turnover Calculation

Sino Wealth Electronic'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 )
=	892.002	/ (	(710.258	+	614.142)	/	2 )
=	892.002	/	662.2
=	1.35

Sino Wealth Electronic's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	245.042	/ (	(647.618	+	614.142)	/	2 )
=	245.042	/	630.88
=	0.39

Sino Wealth Electronic (SZSE:300327) 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.

Sino Wealth Electronic's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	630.88	/	245.042	*	365 / 4
	=	234.93

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.

Sino Wealth Electronic's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	630.88	/	365.829
	=	1.72

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.

Sino Wealth Electronic Inventory Turnover Related Terms

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Sino Wealth Electronic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sino Wealth Electronic Ltd (SZSE:300327) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

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Address

No. 3, Lane 767, Jinzhong Road, Changning District, Shanghai, CHN, 200335

Website

http://www.sinowealth.com

Sino Wealth Electronic Ltd operates in the semiconductor industry. The company is specialized in design and sales of an integrated circuit. The product offering includes 4-bit OTP/MASK MCU, 8-bit OTP/MASK MCU, 8-bit FLASH MCU, PH MCU and others. The products are mainly applied to household appliances, automotive electronics peripherals, sports equipment, health and medical care, instrumentation, security, power control, digital electrical generator, network music, and wireless communication equipment.

Executives

Zhu Bing Jun	Directors, executives
Fu Qi Ming	Director
Ceng Xiao Yang	Independent director
Pan Yi De	Directors, executives
Hu Hui	Supervisors

Sino Wealth Electronic Headlines

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