Sunfly Intelligent Technology Co (SZSE:300423) Inventory Turnover : 0.30 (As of Mar. 2025)

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What is Sunfly Intelligent 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. Sunfly Intelligent Technology Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥144 Mil. Sunfly Intelligent Technology Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥488 Mil. Sunfly Intelligent Technology Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sunfly Intelligent Technology Co's Days Inventory for the three months ended in Mar. 2025 was 309.14.

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. Sunfly Intelligent Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 2.91.

Sunfly Intelligent Technology Co Inventory Turnover Historical Data

The historical data trend for Sunfly Intelligent 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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Sunfly Intelligent Technology Co Inventory Turnover Chart

Sunfly Intelligent Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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2.70

2.45

2.13

2.57

2.34

Sunfly Intelligent 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															0.39	0.49	0.57	0.66	0.30

Sunfly Intelligent Technology Co Inventory Turnover Calculation

Sunfly Intelligent 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 )
=	1205.004	/ (	(555.803	+	475.084)	/	2 )
=	1205.004	/	515.4435
=	2.34

Sunfly Intelligent 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 )
=	144.055	/ (	(475.084	+	500.996)	/	2 )
=	144.055	/	488.04
=	0.30

Sunfly Intelligent Technology Co (SZSE:300423) 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.

Sunfly Intelligent 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
	=	488.04	/	144.055	*	365 / 4
	=	309.14

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.

Sunfly Intelligent 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 )
	=	488.04	/	167.501
	=	2.91

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.

Sunfly Intelligent Technology Co Inventory Turnover Related Terms

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Sunfly Intelligent Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sunfly Intelligent Technology Co Ltd (SZSE:300423) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

256 Longmen West Road, Shandong Province, Laiyang, CHN, 265200

Website

http://www.luyitong.com

Sunfly Intelligent Technology Co Ltd is engaged in research and development, design, production and sales of complete sets of electrical equipment, products and sales. The company produces and sells electrical equipment, power supply equipment, components, power transmission and distribution and control equipment.

Executives

Xu Ling	Executives
Liu Yun Peng	Directors, executives
Cui Jing	Directors, executives
Ji Fa Qing	Directors, executives
Zhang Yi	Directors, executives
Wei Chun Mei	Executives
Zhang Xiao Yan	Securities Affairs Representative
He Zhi Bo	Executives
Li Zhao Qiang	Directors, executives
Liu De Ye	Supervisors
Xu Ke Feng	Executives
Yao Jing Lin	Supervisors
Yang Qing Li	Independent director
Yu Xiang Yong	Director
Ji Tao	Director

Sunfly Intelligent Technology Co Headlines

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