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Guangdong Deerma Technology Co (SZSE:301332) Inventory Turnover : 1.02 (As of Mar. 2025)


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What is Guangdong Deerma 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. Guangdong Deerma Technology Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥542 Mil. Guangdong Deerma Technology Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥533 Mil. Guangdong Deerma Technology Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Guangdong Deerma Technology Co's Days Inventory for the three months ended in Mar. 2025 was 89.79.

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. Guangdong Deerma Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.69.


Guangdong Deerma Technology Co Inventory Turnover Historical Data

The historical data trend for Guangdong Deerma 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.

* Premium members only.

Guangdong Deerma Technology Co Inventory Turnover Chart

Guangdong Deerma Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial 4.57 5.02 4.66 4.39 4.78

Guangdong Deerma Technology Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 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 1.05 1.25 1.00 1.50 1.02

Guangdong Deerma Technology Co Inventory Turnover Calculation

Guangdong Deerma 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 )
=2450.612 / ((496.14 + 530.058) / 2 )
=2450.612 / 513.099
=4.78

Guangdong Deerma 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 )
=541.728 / ((530.058 + 536.014) / 2 )
=541.728 / 533.036
=1.02

* 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.


Guangdong Deerma Technology Co  (SZSE:301332) 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.

Guangdong Deerma 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
=533.036/541.728*365 / 4
=89.79

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.

Guangdong Deerma 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 )
=533.036 / 778.112
=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.


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.


Guangdong Deerma Technology Co Inventory Turnover Related Terms

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Guangdong Deerma Technology Co Business Description

Traded in Other Exchanges
N/A
Address
One of No. 4, Longhui Road, Malong Village Committee, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528305
Guangdong Deerma Technology Co Ltd is an innovative electrical appliance brand and, is focused on the research, production, and marketing of environmental humidifiers, vacuum cleaners, small household appliances, small kitchen appliances, and other categories of products. Its products include humidifiers, dehumidifiers, vacuum cleaners, steam mops, meat grinders, Juicer, toasters, electric fans & heaters, and dryers.

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