Wanma Technology Co (SZSE:300698) Inventory Turnover : 1.53 (As of Mar. 2025)

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What is Wanma 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. Wanma Technology Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥99.3 Mil. Wanma Technology Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥65.0 Mil. Wanma Technology Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wanma Technology Co's Days Inventory for the three months ended in Mar. 2025 was 59.75.

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. Wanma Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.43.

Wanma Technology Co Inventory Turnover Historical Data

The historical data trend for Wanma 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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Wanma Technology Co Inventory Turnover Chart

Wanma Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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4.85

3.22

3.10

4.34

5.39

Wanma 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															0.77	1.23	1.55	1.76	1.53

Wanma Technology Co Inventory Turnover Calculation

Wanma 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 )
=	354.467	/ (	(63.736	+	67.858)	/	2 )
=	354.467	/	65.797
=	5.39

Wanma 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 )
=	99.336	/ (	(67.858	+	62.239)	/	2 )
=	99.336	/	65.0485
=	1.53

Wanma Technology Co (SZSE:300698) 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.

Wanma 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
	=	65.0485	/	99.336	*	365 / 4
	=	59.75

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.

Wanma 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 )
	=	65.0485	/	149.6
	=	0.43

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.

Wanma Technology Co Inventory Turnover Related Terms

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Wanma Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wanma Technology Co Ltd (SZSE:300698) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wanma Industrial Area, Taihuyuan Town, Lin'an District, Zhejiang Province, Hangzhou, CHN, 311306

Website

http://www.wanma-tech.cn

Wanma Technology Co Ltd is the communications equipment manufacturing company. The principal business activities of the company include development, production, system integration and sales of communication and information equipment. Its products include communications network wiring and information cabinet products and medical information products. Its cabinet products are widely used in communication networks, cloud platform IDC equipment rooms, railway communication networks and urban rail transit communication networks. Its medical information products are mainly used in domestic hospitals.

Executives

Ma Ya Jun	Executives
Xu Ya Guo	Executives
Jiang Yan Jun	Supervisors
Wu Xi Qun	Executives
Yang Yi Qian	Directors, executives
Sheng Tao	Director
Weng Lin Wei	Executives
Shao Guo Jiang	Supervisors

Wanma Technology Co Headlines

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