Hebei Gongda Keya Technology Group Co (SZSE:301197) Inventory Turnover : 0.18 (As of Mar. 2025)

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What is Hebei Gongda Keya Technology 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. Hebei Gongda Keya Technology Group Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥29.2 Mil. Hebei Gongda Keya Technology Group Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥159.4 Mil. Hebei Gongda Keya Technology Group Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hebei Gongda Keya Technology Group Co's Days Inventory for the three months ended in Mar. 2025 was 498.01.

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. Hebei Gongda Keya Technology Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 3.27.

Hebei Gongda Keya Technology Group Co Inventory Turnover Historical Data

The historical data trend for Hebei Gongda Keya Technology 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.
* 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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Hebei Gongda Keya Technology Group Co Inventory Turnover Chart

Hebei Gongda Keya Technology Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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1.84

1.42

1.26

1.22

Hebei Gongda Keya Technology Group Co Quarterly Data
	Mar20	Jun20	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															0.18	0.15	0.09	0.72	0.18

Hebei Gongda Keya Technology Group Co Inventory Turnover Calculation

Hebei Gongda Keya Technology Group 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 )
=	206.981	/ (	(175.568	+	163.314)	/	2 )
=	206.981	/	169.441
=	1.22

Hebei Gongda Keya Technology 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 )
=	29.211	/ (	(163.314	+	155.532)	/	2 )
=	29.211	/	159.423
=	0.18

Hebei Gongda Keya Technology Group Co (SZSE:301197) 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.

Hebei Gongda Keya Technology 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
	=	159.423	/	29.211	*	365 / 4
	=	498.01

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.

Hebei Gongda Keya Technology 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 )
	=	159.423	/	48.776
	=	3.27

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.

Hebei Gongda Keya Technology Group Co Inventory Turnover Related Terms

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Hebei Gongda Keya Technology Group Co Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Hebei Gongda Keya Technology Group Co Ltd (SZSE:301197) » Definitions » Inventory Turnover

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Address

No. 455 Yuhua East Road, Unit 6, Building 9, Runjiang Headquarters International, High-tech Zone, Hebei Province, Shijiazhuang, CHN, 050000

Website

https://www.gdkeya.com

Hebei Gongda Keya Technology Group Co Ltd is engaged in the research and development, promotion and application of heating energy-saving products and related technical services to provide a one-stop comprehensive solution for smart heating.

Executives

Dong Zuo Sen

Executives

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