Nsfocus Technologies Group Co (SZSE:300369) Inventory Turnover : 1.11 (As of Jun. 2024)

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What is Nsfocus Technologies 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. Nsfocus Technologies Group Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥184 Mil. Nsfocus Technologies Group Co's Average Total Inventories for the quarter that ended in Jun. 2024 was ¥165 Mil. Nsfocus Technologies Group Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nsfocus Technologies Group Co's Days Inventory for the three months ended in Jun. 2024 was 81.91.

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. Nsfocus Technologies Group Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.37.

Nsfocus Technologies Group Co Inventory Turnover Historical Data

The historical data trend for Nsfocus Technologies 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.

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Nsfocus Technologies Group Co Inventory Turnover Chart

Nsfocus Technologies Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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7.53

7.88

9.48

4.62

3.84

Nsfocus Technologies Group Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial															0.78	0.73	1.57	0.76	1.11

Nsfocus Technologies Group Co Inventory Turnover Calculation

Nsfocus Technologies Group Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	905.154	/ (	(281.799	+	190.159)	/	2 )
=	905.154	/	235.979
=	3.84

Nsfocus Technologies Group Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	184.061	/ (	(178.627	+	151.799)	/	2 )
=	184.061	/	165.213
=	1.11

Nsfocus Technologies Group Co (SZSE:300369) 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.

Nsfocus Technologies Group Co's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	165.213	/	184.061	*	365 / 4
	=	81.91

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.

Nsfocus Technologies Group Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	165.213	/	443.283
	=	0.37

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.

Nsfocus Technologies Group Co Inventory Turnover Related Terms

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Nsfocus Technologies Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nsfocus Technologies Group Co Ltd (SZSE:300369) » Definitions » Inventory Turnover

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N/A

Address

No. 4 Beibei Road, 5th Floor, Yitai Building, Haidian District, Beijing, CHN, 100089

Website

https://www.nsfocusglobal.com

Nsfocus Technologies Group Co Ltd is a China based internet and application security company. It offers enterprise-level network security solutions and services. The products offered by the company are Anti-DDoS system, Cloud DDoS protection service, Threat intelligence subscription service, Web application firewall, and Web vulnerability scanning system. In addition, it also offers solutions such as cloud DDoS defenses, on-premises DDoS defenses, Hybrid DDoS defenses, global threat intelligence, among others. The company has a business presence in China and other international countries.

Executives

Shen Ji Ye	Director
Zhao Liang	Executives
Li Lu	Supervisors
Du Yan Ying	Securities Affairs Representative
Li Hong	Directors, Directors, and Executives
Chen Ke	Executives
Ye Xiao Hu	Executives

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