Shenzhen Kstar Science And Technology Co (SZSE:002518) Inventory Turnover : 0.50 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Shenzhen Kstar Science And 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. Shenzhen Kstar Science And Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥554 Mil. Shenzhen Kstar Science And Technology Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥1,097 Mil. Shenzhen Kstar Science And Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shenzhen Kstar Science And Technology Co's Days Inventory for the three months ended in Mar. 2024 was 180.71.

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. Shenzhen Kstar Science And Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.32.

Shenzhen Kstar Science And Technology Co Inventory Turnover Historical Data

The historical data trend for Shenzhen Kstar Science And 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.

Shenzhen Kstar Science And Technology Co Inventory Turnover Chart

Shenzhen Kstar Science And Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

5.04

4.76

3.85

3.67

3.55

Shenzhen Kstar Science And Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.84	0.74	0.68	0.79	0.50

Shenzhen Kstar Science And Technology Co Inventory Turnover Calculation

Shenzhen Kstar Science And 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 )
=	3650.286	/ (	(957.563	+	1100.369)	/	2 )
=	3650.286	/	1028.966
=	3.55

Shenzhen Kstar Science And 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 )
=	553.854	/ (	(1100.369	+	1093.365)	/	2 )
=	553.854	/	1096.867
=	0.50

Shenzhen Kstar Science And Technology Co (SZSE:002518) 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.

Shenzhen Kstar Science And 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
	=	1096.867	/	553.854	*	365 / 4
	=	180.71

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.

Shenzhen Kstar Science And 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 )
	=	1096.867	/	831.113
	=	1.32

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.

Shenzhen Kstar Science And Technology Co Inventory Turnover Related Terms

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

Shenzhen Kstar Science And Technology Co (SZSE:002518) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Kstar Science And Technology Co Ltd (SZSE:002518) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

4/F,No.1 Building, Software Park, Keji C.Rd.2nd,Hi-Tech industrial Zone, Shenzhen, Guangdong, CHN, 518057

Website

http://www.kstarpower.com

Shenzhen Kstar Science And Technology Co Ltd manufactures and sells UPS products in the People's Republic of China. It offers data center products, such as precision cooling, server cabinet, a power distributing cabinet, battery, monitor, and data center integration products; and new energy products, including photovoltaic products, electric vehicle charging stations, and energy storage products. The company also provides industrial products comprising communication power, power supply, MW charging system, fresh air machine, moisture-proof UPS, and HTDC products.

Executives

Mou Ling Qiu	Supervisors
Liu Ling	Directors, executives
Liu Li Fang	Supervisors
Zhang Guang Hua	Executives
Li Zu Yu	Directors, executives
Ning Wen	Securities Affairs Representative
Yang Ge Ge	Executives
Lin Hua Yong	Supervisors
Lin Ying	Supervisors
Cai Yan Hong	Directors, executives
Li Chun Ying	Director
Xu Xiao Yan	Supervisors

Shenzhen Kstar Science And Technology Co (SZSE:002518) Headlines

No Headlines