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China Power International Development (HKSE:02380) Inventory Turnover : 5.42 (As of Dec. 2023)


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What is China Power International Development 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. China Power International Development's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$11,005 Mil. China Power International Development's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$2,029 Mil. China Power International Development's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Power International Development's Days Inventory for the six months ended in Dec. 2023 was 33.65.

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. China Power International Development's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.08.

China Power International Development Inventory Turnover Historical Data

The historical data trend for China Power International Development'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.

China Power International Development Inventory Turnover Chart

China Power International Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.06 17.84 18.52 18.51 11.84

China Power International Development Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only 11.63 7.17 10.72 8.69 5.42

China Power International Development Inventory Turnover Calculation

China Power International Development'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 )
=22619.863 / ((1218.72 + 2603.426) / 2 )
=22619.863 / 1911.073
=11.84

China Power International Development's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=11004.508 / ((1454.645 + 2603.426) / 2 )
=11004.508 / 2029.0355
=5.42

* 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.

China Power International Development  (HKSE:02380) 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.

China Power International Development's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=2029.0355/11004.508*365 / 2
=33.65

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.

China Power International Development's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=2029.0355 / 25096.469
=0.08

* 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.

China Power International Development Inventory Turnover Related Terms

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China Power International Development (HKSE:02380) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Power International Development Ltd (HKSE:02380) » Definitions » Inventory Turnover
Comparable Companies
HKSE:02638 HKSE:00579 HKSE:00362 HKSE:01038 HKSE:00002 NEE SO DUK LSE:NG. PCG AEP D BOM:532555 PEG EXC BOM:532898 ED XEL EIX WEC
Traded in Other Exchanges
HPD:Germany
Address
18 Harbour Road, Central Plaza, Suite 6301, 63th Floor, Wanchai, Hong Kong, HKG
Website
http://www.chinapower.hk
China Power International Development Ltd is an integrated energy group that owns coal-fired power, hydropower, nuclear power, and renewable energy resources in the PRC. The company has expanded its business into the areas of hydropower, wind power, photovoltaic power, natural gas power, energy storage, green power transportation, and integrated energy services through continuous development. The Group recognizes revenue from sales of electricity to regional and provincial power grid companies and the provision of power generation and subcontracting services.
Executives
Zhong Guo Zhong Xin Jin Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2101 Beneficial owner
Guo Jia Dian Li Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
China Power International Holding Limited 2201 Interest of corporation controlled by you
China Power New Energy Limited 2201 Interest of corporation controlled by you
China Power Development Limited

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