Shenzhen Fine Made Electronics Group Co (SZSE:300671) Inventory Turnover : 0.39 (As of Mar. 2025)

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What is Shenzhen Fine Made Electronics 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. Shenzhen Fine Made Electronics Group Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥157.6 Mil. Shenzhen Fine Made Electronics Group Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥405.1 Mil. Shenzhen Fine Made Electronics Group Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shenzhen Fine Made Electronics Group Co's Days Inventory for the three months ended in Mar. 2025 was 234.55.

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. Shenzhen Fine Made Electronics Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 2.40.

Shenzhen Fine Made Electronics Group Co Inventory Turnover Historical Data

The historical data trend for Shenzhen Fine Made Electronics 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.
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Shenzhen Fine Made Electronics Group Co Inventory Turnover Chart

Shenzhen Fine Made Electronics Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.07

2.60

2.04

1.42

Shenzhen Fine Made Electronics Group 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															0.29	0.29	0.33	0.46	0.39

Shenzhen Fine Made Electronics Group Co Inventory Turnover Calculation

Shenzhen Fine Made Electronics 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 )
=	650.446	/ (	(503.655	+	413.229)	/	2 )
=	650.446	/	458.442
=	1.42

Shenzhen Fine Made Electronics Group 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 )
=	157.61	/ (	(416.452	+	393.808)	/	2 )
=	157.61	/	405.13
=	0.39

Shenzhen Fine Made Electronics Group Co (SZSE:300671) 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.

Shenzhen Fine Made Electronics Group 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
	=	405.13	/	157.61	*	365 / 4
	=	234.55

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.

Shenzhen Fine Made Electronics Group 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 )
	=	405.13	/	168.747
	=	2.40

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.

Shenzhen Fine Made Electronics Group Co Inventory Turnover Related Terms

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Shenzhen Fine Made Electronics Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shenzhen Fine Made Electronics Group Co Ltd (SZSE:300671) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

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Address

18th Floor, West District, Times Technology Building, Nongyuan Road, Xiangmihu Street, Futian District, Guangdong Province, Shenzhen, CHN, 518048

Website

http://www.superchip.cn

Shenzhen Fine Made Electronics Group Co Ltd is an integrated circuit design enterprises. It is engaged in the design, research and development, production and operation of high-performance analog and digital-analog hybrid integrated circuits. Its product portfolio comprises power management, LED control and drive, MOSFET class, infrared remote control class and other consumer products.

Executives

Xu Zhe	Director
Hao Zhai Ling	Director
Li Zhi Xiong	Supervisors
Chen Ying	Supervisors
Wang Qiu Juan	Director
Xi Guo Ping	Supervisors
Guo Jing	Director
Luo Qiong	Directors, Directors, and Executives
Xiao Ting Feng	Securities Affairs Representative
Chen Ke Hong	Director

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