YCQH Agricultural Technology Co (YCQH Agricultural Technology Co) Inventory Turnover : 0.55 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is YCQH Agricultural 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. YCQH Agricultural Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.07 Mil. YCQH Agricultural Technology Co's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.12 Mil. YCQH Agricultural Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. YCQH Agricultural Technology Co's Days Inventory for the three months ended in Mar. 2024 was 164.95.

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. YCQH Agricultural Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.41.

YCQH Agricultural Technology Co Inventory Turnover Historical Data

The historical data trend for YCQH Agricultural 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.

YCQH Agricultural Technology Co Inventory Turnover Chart

YCQH Agricultural Technology Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

0.52

0.73

0.26

0.81

YCQH Agricultural Technology Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial									0.78	-	0.24	0.45	0.55

YCQH Agricultural Technology Co Inventory Turnover Calculation

YCQH Agricultural Technology 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 )
=	0.07	/ (	(0.059	+	0.114)	/	2 )
=	0.07	/	0.0865
=	0.81

YCQH Agricultural Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0.065	/ (	(0.114	+	0.121)	/	2 )
=	0.065	/	0.1175
=	0.55

YCQH Agricultural Technology Co (OTCPK:YCQH) 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.

YCQH Agricultural Technology Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0.1175	/	0.065	*	365 / 4
	=	164.95

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.

YCQH Agricultural Technology Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0.1175	/	0.29
	=	0.41

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.

YCQH Agricultural Technology Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of YCQH Agricultural Technology Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

YCQH Agricultural Technology Co (YCQH Agricultural Technology Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » YCQH Agricultural Technology Co Ltd (OTCPK:YCQH) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ren Min Nan Road No. 45, No. 1104, Wuhou District, Sichuan Province, Chengdu, CHN, 610000

Website

YCQH Agricultural Technology Co Ltd operates in a bio-carbon-based fertilizer trading business, including wholesaling and retailing to customers mainly based in the People's Republic of China, sourcing directly from producers in China. The Company has two reportable segments namely, bio-carbon-based fertilizer trading business and online retailing business.

YCQH Agricultural Technology Co (YCQH Agricultural Technology Co) Headlines

No Headlines