CCS Supply Chain Management Co (SHSE:600180) Inventory Turnover : 7.87 (As of Mar. 2024)

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What is CCS Supply Chain Management 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. CCS Supply Chain Management Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥6,694 Mil. CCS Supply Chain Management Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥851 Mil. CCS Supply Chain Management Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 7.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CCS Supply Chain Management Co's Days Inventory for the three months ended in Mar. 2024 was 11.60.

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. CCS Supply Chain Management Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.12.

CCS Supply Chain Management Co Inventory Turnover Historical Data

The historical data trend for CCS Supply Chain Management 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.

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CCS Supply Chain Management Co Inventory Turnover Chart

CCS Supply Chain Management Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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40.61

38.84

69.86

165.09

67.21

CCS Supply Chain Management 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															14.85	16.12	19.98	6.19	7.87

CCS Supply Chain Management Co Inventory Turnover Calculation

CCS Supply Chain Management 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 )
=	39330.2	/ (	(298.085	+	872.275)	/	2 )
=	39330.2	/	585.18
=	67.21

CCS Supply Chain Management 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 )
=	6693.737	/ (	(872.275	+	829.748)	/	2 )
=	6693.737	/	851.0115
=	7.87

CCS Supply Chain Management Co (SHSE:600180) 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.

CCS Supply Chain Management 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
	=	851.0115	/	6693.737	*	365 / 4
	=	11.60

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.

CCS Supply Chain Management 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 )
	=	851.0115	/	6970.809
	=	0.12

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.

CCS Supply Chain Management Co Inventory Turnover Related Terms

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CCS Supply Chain Management Co (SHSE:600180) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CCS Supply Chain Management Co Ltd (SHSE:600180) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

20/F, HailianMasion, No.20, Business Outer Ring Road, CBD, Zhengdong New Area, Zhengzhou, CHN, 450000

Website

http://www.ccsoln.com/

CCS Supply Chain Management Co Ltd is a China-based company engaged in coal supply chain management business. In addition, it is also engaged in supply chain financial business. Through its subsidiaries, the company is also engaged in the procurement and sales of coal.

Executives

Li Qun Li	Director
Yan Gang	Director
Zhang Ju Fang	senior management
Wang Dong Sheng	Director
Li Ai Jun	senior management
Xing Guo Zhen	Director
Jiang Hai Lin	Director
Jiang Shao Qing	Director
Jiang Pei Qi	Supervisors

CCS Supply Chain Management Co (SHSE:600180) Headlines

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