Nanjing Hujiang Composite Materials Co (BJSE:870204) Inventory Turnover : 1.22 (As of Mar. 2025)

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What is Nanjing Hujiang Composite Materials 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. Nanjing Hujiang Composite Materials Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥54.1 Mil. Nanjing Hujiang Composite Materials Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥44.3 Mil. Nanjing Hujiang Composite Materials Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nanjing Hujiang Composite Materials Co's Days Inventory for the three months ended in Mar. 2025 was 74.73.

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. Nanjing Hujiang Composite Materials Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.60.

Nanjing Hujiang Composite Materials Co Inventory Turnover Historical Data

The historical data trend for Nanjing Hujiang Composite Materials 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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Nanjing Hujiang Composite Materials Co Inventory Turnover Chart

Nanjing Hujiang Composite Materials Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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4.56

5.13

4.10

4.61

5.12

Nanjing Hujiang Composite Materials 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															1.36	1.22	1.18	1.24	1.22

Nanjing Hujiang Composite Materials Co Inventory Turnover Calculation

Nanjing Hujiang Composite Materials 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 )
=	203.817	/ (	(37.037	+	42.64)	/	2 )
=	203.817	/	39.8385
=	5.12

Nanjing Hujiang Composite Materials 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 )
=	54.129	/ (	(42.64	+	46.022)	/	2 )
=	54.129	/	44.331
=	1.22

Nanjing Hujiang Composite Materials Co (BJSE:870204) 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.

Nanjing Hujiang Composite Materials 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
	=	44.331	/	54.129	*	365 / 4
	=	74.73

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.

Nanjing Hujiang Composite Materials 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 )
	=	44.331	/	73.633
	=	0.60

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.

Nanjing Hujiang Composite Materials Co Inventory Turnover Related Terms

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Nanjing Hujiang Composite Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Nanjing Hujiang Composite Materials Co Ltd (BJSE:870204) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10, Lanxia Road, Moling Street, Industrial Concentration Zone, Jiangning District, Jiangsu Province, Nanjing, CHN

Website

https://www.njhjgs.com

Nanjing Hujiang Composite Materials Co Ltd is involved in the R&D, production, and sales of high-barrier industrial flexible packaging. There mainly four products one is aluminum-plastic composite heavy packaging bags for industrial use, the other is various food-grade flexible packaging bags, and various liquid bags above 250L, and the fourth is KPE film for solar photovoltaic backplanes. It is mainly used for vacuum packaging or general packaging of chemicals, food, medicine, tea, electronic components, precision instruments, and other products. The group exports to Europe, America, Southeast Asia, New Zealand, and other places.

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