Yusys Technologies Co (SZSE:300674) Inventory Turnover : 0.46 (As of Sep. 2024)

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What is Yusys Technologies 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. Yusys Technologies Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥596 Mil. Yusys Technologies Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ¥1,307 Mil. Yusys Technologies Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yusys Technologies Co's Days Inventory for the three months ended in Sep. 2024 was 200.25.

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. Yusys Technologies Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.52.

Yusys Technologies Co Inventory Turnover Historical Data

The historical data trend for Yusys Technologies 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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Yusys Technologies Co Inventory Turnover Chart

Yusys Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.42

2.76

2.43

2.66

3.31

Yusys Technologies Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.57	1.16	0.36	0.42	0.46

Yusys Technologies Co Inventory Turnover Calculation

Yusys Technologies 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 )
=	3853.893	/ (	(1210.118	+	1116.335)	/	2 )
=	3853.893	/	1163.2265
=	3.31

Yusys Technologies Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	595.676	/ (	(1282.002	+	1332.484)	/	2 )
=	595.676	/	1307.243
=	0.46

Yusys Technologies Co (SZSE:300674) 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.

Yusys Technologies Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	1307.243	/	595.676	*	365 / 4
	=	200.25

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.

Yusys Technologies Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	1307.243	/	860.948
	=	1.52

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.

Yusys Technologies Co Inventory Turnover Related Terms

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Yusys Technologies Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Yusys Technologies Co Ltd (SZSE:300674) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building A2, Electronic City R&D Center, Courtyard 9, East Jiuxianqiao Road, Chaoyang District, Beijing, CHN

Website

http://www.yusys.com.cn

Yusys Technologies Co Ltd is engaged in providing bank-oriented financial institutions with information services, such as consulting, software products, software development and implementation, operation and maintenance, and system integration. The company provides relevant products and services for the non-commercial banks, state-owned commercial banks, joint-stock banks, foreign banks and regional commercial banks and rural credit cooperatives to the People's Bank of China.

Executives

Di Han Bin	Executives
Shen Bo	Executives
Jing Jia Bin	Executives
Dai Shi Ping	Directors, executives
Wang Ye	Executives
Jiang Xue	Supervisors
Zhang Da	Executives

Yusys Technologies Co Headlines

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