Jiangsu Linyang Energy Co (SHSE:601222) Inventory Turnover : 0.29 (As of Mar. 2025)

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What is Jiangsu Linyang Energy 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. Jiangsu Linyang Energy Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥814 Mil. Jiangsu Linyang Energy Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥2,793 Mil. Jiangsu Linyang Energy Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jiangsu Linyang Energy Co's Days Inventory for the three months ended in Mar. 2025 was 313.17.

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. Jiangsu Linyang Energy Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 2.49.

Jiangsu Linyang Energy Co Inventory Turnover Historical Data

The historical data trend for Jiangsu Linyang Energy 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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Jiangsu Linyang Energy Co Inventory Turnover Chart

Jiangsu Linyang Energy Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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4.94

5.07

3.00

3.46

2.31

Jiangsu Linyang Energy Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															0.76	0.81	0.59	0.51	0.29

Jiangsu Linyang Energy Co Inventory Turnover Calculation

Jiangsu Linyang Energy Co's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	4750.741	/ (	(1333.223	+	2776.148)	/	2 )
=	4750.741	/	2054.6855
=	2.31

Jiangsu Linyang Energy Co's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	813.907	/ (	(2776.148	+	2810.572)	/	2 )
=	813.907	/	2793.36
=	0.29

Jiangsu Linyang Energy Co (SHSE:601222) 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.

Jiangsu Linyang Energy Co's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	2793.36	/	813.907	*	365 / 4
	=	313.17

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.

Jiangsu Linyang Energy Co's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	2793.36	/	1123.812
	=	2.49

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.

Jiangsu Linyang Energy Co Inventory Turnover Related Terms

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Jiangsu Linyang Energy Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Linyang Energy Co Ltd (SHSE:601222) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 666, Linyang Road, Qidong City, Jiangsu Province, CHN

Website

http://www.linyang.com.cn

Jiangsu Linyang Energy Co Ltd is a China-based company engages in the research, production, and sales of smart electric energy meters and power management products. Its product and services include smart meter, AMI system, LED, intelligent lighting system, energy efficiency management platform, energy-saving services, photovoltaic module, distributed photovoltaic power station system, distributed power station operating platform, and Micro-grid system which covered the Smart, Energy-saving and Renewable Energy all three fields.

Executives

Lu Yong Hua	Directors, senior managers
Zhu De Sheng	senior management
Cui Dong Xu	senior management
Pei Jun	senior management
Lin Shao Wu	senior management
Yu Hai Juan	senior management
Lu Han Xi	senior management
Fang Zhuang Zhi	senior management
Shi Hong Sheng	senior management
Shen Kai Ping	Director
Hu Sheng	senior management
Wang Feng Lin	senior management
Lu Yun Hai	senior management
Shi Wei Bing	senior management
Cen Rong Rong	senior management

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