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Winner Medical Co (SZSE:300888) Inventory Turnover : 0.69 (As of Mar. 2025)


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What is Winner Medical 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. Winner Medical Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥1,343 Mil. Winner Medical Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥1,958 Mil. Winner Medical Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Winner Medical Co's Days Inventory for the three months ended in Mar. 2025 was 133.05.

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. Winner Medical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.75.


Winner Medical Co Inventory Turnover Historical Data

The historical data trend for Winner Medical 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.

* Premium members only.

Winner Medical Co Inventory Turnover Chart

Winner Medical Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.59 2.86 3.78 2.79 2.79

Winner Medical 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.69 0.73 0.63 0.80 0.69

Winner Medical Co Inventory Turnover Calculation

Winner Medical 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 )
=4729.562 / ((1434.326 + 1957.815) / 2 )
=4729.562 / 1696.0705
=2.79

Winner Medical 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 )
=1342.834 / ((1957.815 + 1958.235) / 2 )
=1342.834 / 1958.025
=0.69

* 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.


Winner Medical Co  (SZSE:300888) 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.

Winner Medical 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
=1958.025/1342.834*365 / 4
=133.05

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.

Winner Medical 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 )
=1958.025 / 2605.314
=0.75

* 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.


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.


Winner Medical Co Inventory Turnover Related Terms

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Winner Medical Co Business Description

Traded in Other Exchanges
N/A
Address
No. 660 Bulong Road, Wenjian Industrial Park, Longhua New District ,Guangdong Province, Shenzhen, CHN, 518109
Winner Medical Co Ltd is a manufacturer for disposable wound-care and surgical products in China. The company is engaged in manufacturing, R&D and marketing cotton-based medical dressings and medical disposables, as well as consumer products under its own Purcotton brand.
Executives
Zhang Yan Supervisors
Liu Hua Supervisors
Chen Hui Xuan Directors, executives
Zhang Li Executives
Fang Xiu Yuan Directors, executives
Wang Ying Supervisors

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