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Beijing ConST Instruments Technology (SZSE:300445) Inventory Turnover : 0.27 (As of Mar. 2025)


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What is Beijing ConST Instruments Technology 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. Beijing ConST Instruments Technology's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥39.7 Mil. Beijing ConST Instruments Technology's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥144.7 Mil. Beijing ConST Instruments Technology's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing ConST Instruments Technology's Days Inventory for the three months ended in Mar. 2025 was 332.99.

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. Beijing ConST Instruments Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.30.


Beijing ConST Instruments Technology Inventory Turnover Historical Data

The historical data trend for Beijing ConST Instruments Technology'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.

Beijing ConST Instruments Technology Inventory Turnover Chart

Beijing ConST Instruments Technology 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 1.85 1.83 1.45 1.34 1.45

Beijing ConST Instruments Technology 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 0.27 0.32 0.26 0.51 0.27

Beijing ConST Instruments Technology Inventory Turnover Calculation

Beijing ConST Instruments Technology'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 )
=203.064 / ((139.271 + 141.375) / 2 )
=203.064 / 140.323
=1.45

Beijing ConST Instruments Technology'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 )
=39.653 / ((141.375 + 148.03) / 2 )
=39.653 / 144.7025
=0.27

* 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.


Beijing ConST Instruments Technology  (SZSE:300445) 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.

Beijing ConST Instruments Technology'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
=144.7025/39.653*365 / 4
=332.99

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.

Beijing ConST Instruments Technology'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 )
=144.7025 / 111.122
=1.30

* 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.


Beijing ConST Instruments Technology Inventory Turnover Related Terms

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Beijing ConST Instruments Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Fengxiu Middle Road, Building 5, Haidian District, Beijing Hospital, Beijing, CHN, 100094
Beijing ConST Instruments Technology Inc is engaged in the research, development, manufacture and marketing of digital pressure detection and temperature calibration instruments. Its main products include digital pressure gauge, intelligent pressure calibrator, automatic pressure calibrator, intelligent pressure generation, intelligent pressure controller, pressure checker, temperature calibrator, portable temperature calibrator and temperature automatic calibration system.
Executives
Jiang Wei Li Director
He Xin Director
Zhao Shi Chun Directors, executives
Liu Bao Qi Director
He Xun Hai Supervisors
Li Guang Securities Affairs Representative
Zhao Ming Jian Directors, executives

Beijing ConST Instruments Technology Headlines

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