Ningbo Exciton Technology Co (SZSE:300566) Inventory Turnover : 0.93 (As of Mar. 2025)

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What is Ningbo Exciton 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. Ningbo Exciton Technology Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥355 Mil. Ningbo Exciton Technology Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥382 Mil. Ningbo Exciton Technology Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ningbo Exciton Technology Co's Days Inventory for the three months ended in Mar. 2025 was 98.37.

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. Ningbo Exciton Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.80.

Ningbo Exciton Technology Co Inventory Turnover Historical Data

The historical data trend for Ningbo Exciton 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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Ningbo Exciton Technology Co Inventory Turnover Chart

Ningbo Exciton Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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3.96

4.16

3.75

4.11

4.07

Ningbo Exciton 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															0.96	1.02	1.01	1.06	0.93

Ningbo Exciton Technology Co Inventory Turnover Calculation

Ningbo Exciton 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 )
=	1650.292	/ (	(436.186	+	375.6)	/	2 )
=	1650.292	/	405.893
=	4.07

Ningbo Exciton 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 )
=	354.541	/ (	(375.6	+	388.815)	/	2 )
=	354.541	/	382.2075
=	0.93

Ningbo Exciton Technology Co (SZSE:300566) 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.

Ningbo Exciton 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
	=	382.2075	/	354.541	*	365 / 4
	=	98.37

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.

Ningbo Exciton 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 )
	=	382.2075	/	479.231
	=	0.80

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.

Ningbo Exciton Technology Co Inventory Turnover Related Terms

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Ningbo Exciton Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ningbo Exciton Technology Co Ltd (SZSE:300566) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Jingyuan Road, Ningbo High-tech Zone, Zhejiang Province, Ningbo, CHN, 315040

Website

http://www.excitontech.cn

Ningbo Exciton Technology Co Ltd is an optical film producer in China. The company is engaged in the research and development, production and sales of optical film products for display. Its product offering includes diffusion film, brightening film, reflective film, quantum dot film, composite film, silver reflective film, 3D film, protective film, cell phone and cured film. Its products are widely used in televisions, monitors, notebook computers, tablet computers, and smartphones, mobile phone, navigator, car display and other display applications.

Executives

Ye Wu Yuan	Director
Tang Hai Jiang	Directors, executives
Yu Gen Wei	Supervisors
Zhang Yan	Directors, executives

Ningbo Exciton Technology Co Headlines

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