Poco Holdings Co (SZSE:300811) Inventory Turnover : 1.42 (As of Jun. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Poco Holdings 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. Poco Holdings Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥266 Mil. Poco Holdings Co's Average Total Inventories for the quarter that ended in Jun. 2024 was ¥188 Mil. Poco Holdings Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Poco Holdings Co's Days Inventory for the three months ended in Jun. 2024 was 64.45.

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. Poco Holdings Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.41.

Poco Holdings Co Inventory Turnover Historical Data

The historical data trend for Poco Holdings 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.

Poco Holdings Co Inventory Turnover Chart

Poco Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

3.86

4.73

5.25

5.08

3.86

Poco Holdings Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial															0.96	0.78	0.83	1.04	1.42

Poco Holdings Co Inventory Turnover Calculation

Poco Holdings 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 )
=	699.642	/ (	(144.225	+	217.84)	/	2 )
=	699.642	/	181.0325
=	3.86

Poco Holdings Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	265.838	/ (	(182.956	+	192.544)	/	2 )
=	265.838	/	187.75
=	1.42

Poco Holdings Co (SZSE:300811) 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.

Poco Holdings Co's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	187.75	/	265.838	*	365 / 4
	=	64.45

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.

Poco Holdings Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	187.75	/	461.037
	=	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.

Poco Holdings Co Inventory Turnover Related Terms

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

Poco Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Poco Holdings Co Ltd (SZSE:300811) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 28, Langshan Road, 3rd Floor, Building 2, Room 301-306, Northern District of High Technology Industry Park, Nanshan District, Shenzhen, CHN

Website

http://www.pocomagnetic.com

Poco Holdings Co Ltd is engaged in production and sales of alloy powder. The company manufactures magnetic materials, inductors, chip inductors, coils, magnetic electronic components and related equipment; stainless steel powder, steel alloy powder, iron powder, copper powder, aluminum powder, special metal alloy powder.

Executives

Du Jiang Hua	Director
Luo Zhi Min	Directors, executives
Ruan Jia Lin	Directors, Directors, and Executives
Guo Xiong Zhi	Directors, executives
You Xin	Executives
Li Zheng Ping	Securities Affairs Representative

Poco Holdings Co Headlines

No Headlines