SGSG Science & Technology Co Zhuhai (SZSE:300561) Inventory Turnover : 0.28 (As of Mar. 2025)

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What is SGSG Science & Technology Co Zhuhai 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. SGSG Science & Technology Co Zhuhai's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥9.08 Mil. SGSG Science & Technology Co Zhuhai's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥32.18 Mil. SGSG Science & Technology Co Zhuhai's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SGSG Science & Technology Co Zhuhai's Days Inventory for the three months ended in Mar. 2025 was 323.34.

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. SGSG Science & Technology Co Zhuhai's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.72.

SGSG Science & Technology Co Zhuhai Inventory Turnover Historical Data

The historical data trend for SGSG Science & Technology Co Zhuhai'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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SGSG Science & Technology Co Zhuhai Inventory Turnover Chart

SGSG Science & Technology Co Zhuhai Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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2.41

1.57

1.31

1.61

1.40

SGSG Science & Technology Co Zhuhai 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															0.24	0.35	0.33	0.49	0.28

SGSG Science & Technology Co Zhuhai Inventory Turnover Calculation

SGSG Science & Technology Co Zhuhai'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 )
=	47.394	/ (	(37.401	+	30.249)	/	2 )
=	47.394	/	33.825
=	1.40

SGSG Science & Technology Co Zhuhai'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 )
=	9.08	/ (	(30.249	+	34.101)	/	2 )
=	9.08	/	32.175
=	0.28

SGSG Science & Technology Co Zhuhai (SZSE:300561) 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.

SGSG Science & Technology Co Zhuhai'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
	=	32.175	/	9.08	*	365 / 4
	=	323.34

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.

SGSG Science & Technology Co Zhuhai'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 )
	=	32.175	/	18.715
	=	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.

SGSG Science & Technology Co Zhuhai Inventory Turnover Related Terms

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SGSG Science & Technology Co Zhuhai Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SGSG Science & Technology Co Ltd Zhuhai (SZSE:300561) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Software Park Road, Convention and Exhibition Center, 3rd floor, No. 3, Zhuhai, CHN, 519085

Website

http://www.sgsg.cc

SGSG Science & Technology Co Ltd Zhuhai is specializing in the research, development and sales of IoT security electronic information technology products. It provides professional solutions and services for operations management, risk control, network transformation and channel construction of financial industry customers, government departments, enterprises and institutions. The company's main products and solutions consist of financial AI solution, financial mobile industry solutions, smart bank (Dot) solution, bank vault and seal management solution, self-service equipment plus banknote management solution, and real logistics management solutions.

Executives

Chen Zhe	Directors, executives
Ma Zheng	Directors, executives
He Yan	Securities Affairs Representative
Ma Xiao Li	Executives
Cai Lin Sheng	Secretary Dong
Luo Xiu Hong	Supervisors

SGSG Science & Technology Co Zhuhai Headlines

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