Capitalonline Data Service Co (SZSE:300846) Inventory Turnover : 60.00 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Capitalonline Data Service 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. Capitalonline Data Service Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥291 Mil. Capitalonline Data Service Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥5 Mil. Capitalonline Data Service Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 60.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Capitalonline Data Service Co's Days Inventory for the three months ended in Mar. 2024 was 1.52.

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. Capitalonline Data Service Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.

Capitalonline Data Service Co Inventory Turnover Historical Data

The historical data trend for Capitalonline Data Service 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.

Capitalonline Data Service Co Inventory Turnover Chart

Capitalonline Data Service Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

96.37

146.94

Capitalonline Data Service 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															26.52	37.53	47.96	70.79	60.00

Capitalonline Data Service Co Inventory Turnover Calculation

Capitalonline Data Service 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 )
=	1189.975	/ (	(10.918	+	5.279)	/	2 )
=	1189.975	/	8.0985
=	146.94

Capitalonline Data Service 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 )
=	291.14	/ (	(5.279	+	4.425)	/	2 )
=	291.14	/	4.852
=	60.00

Capitalonline Data Service Co (SZSE:300846) 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.

Capitalonline Data Service 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
	=	4.852	/	291.14	*	365 / 4
	=	1.52

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.

Capitalonline Data Service 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 )
	=	4.852	/	323.886
	=	0.01

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.

Capitalonline Data Service Co Inventory Turnover Related Terms

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

Capitalonline Data Service Co (SZSE:300846) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Capitalonline Data Service Co Ltd (SZSE:300846) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Dongran North Street, Baolan Golden Park International Center, Room B3010, 3rd Floor, Section B, Haidian District, Beijing, CHN

Website

http://www.yun-idc.com

Capitalonline Data Service Co Ltd is engaged in provision of internet data center service. It provides technology development, technology promotion, technical services, technical consulting; computer system services; data processing; basic software services; application software services; sales of computers, software and auxiliary equipment.

Executives

Yao Wei	Executives
Zhao Yong Zhi	Directors, executives
Guo Li	Executives

Capitalonline Data Service Co (SZSE:300846) Headlines

No Headlines