ENFY (Enlightify) Inventory Turnover : 0.32 (As of Dec. 2024)

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What is Enlightify 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. Enlightify's Cost of Goods Sold for the three months ended in Dec. 2024 was $10.88 Mil. Enlightify's Average Total Inventories for the quarter that ended in Dec. 2024 was $34.50 Mil. Enlightify's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Enlightify's Days Inventory for the three months ended in Dec. 2024 was 289.33.

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. Enlightify's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 2.40.

Enlightify Inventory Turnover Historical Data

The historical data trend for Enlightify'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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Enlightify Inventory Turnover Chart

Enlightify Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Inventory Turnover

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1.44

1.92

2.79

2.31

1.81

Enlightify Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.35	0.70	0.46	0.37	0.32

Enlightify Inventory Turnover Calculation

Enlightify's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Inventory Turnover (A: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2024 )	/ (	(Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )
=	76.124	/ (	(46.455	+	37.826)	/	2 )
=	76.124	/	42.1405
=	1.81

Enlightify's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	10.881	/ (	(35.369	+	33.633)	/	2 )
=	10.881	/	34.501
=	0.32

Enlightify (NYSE:ENFY) 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.

Enlightify's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	34.501	/	10.881	*	365 / 4
	=	289.33

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.

Enlightify's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	34.501	/	14.348
	=	2.40

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.

Enlightify Inventory Turnover Related Terms

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Enlightify Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Enlightify Inc (NYSE:ENFY) » Definitions » Inventory Turnover

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GR0A:Germany

Address

South Taibai Road, 3rd Floor, Borough A, Block A. No. 181, Shaanxi Province, Xi’an, CHN, 710065

Website

http://www.cgagri.com

Enlightify Inc Formerly China Green Agriculture Inc is engaged in the business of fertilizer and agricultural products. It involves the research, development, production, distribution, and sale of humic acid-based compound fertilizers, blended fertilizers, organic compound fertilizers, slow-release fertilizers, concentrated water-soluble fertilizers, and mixed organic-inorganic compound fertilizers and the development, production, and distribution of agricultural products, such as top-grade fruits, vegetables, flowers and colored seedlings in China. The company operates in four segments: Jinong (fertilizer production), Gufeng (fertilizer production), Yuxing (agricultural products production), and Antaeus (Bitcoin). All of its operations are conducted in China.

Executives

Zhibiao Pan	officer: Co-Chief Executive Officer	NO.39, GROUP NO.1 GANGANG VILLAGE, WULIE COUNTY, DONGTAI F4 224200
Caihua Ran	10 percent owner, other: Director's Mother	GROUP NO.4, XIAOHE VILLAGE, TOWNSHIP OF XIAOHE, YOUYANG COUNTY, CHONGQING F4 409800
Xiuzhen Xu	10 percent owner, other: Co-CEO's Mother	NO.39, GROUP NO.1 GANGANG VILLAGEN, LIANYI COUNTY, DONGTAI F4 224200
Jian Huang	director	676-GROUP 4, XIAOHE VILLAGE, TOWNSHIP OF XIAOHE, YOUYANG COUNTY, CHONGQING F4 409800
Xiaolai Li	director	NO. 20 BALUN VILLAGE, QIONGSHAN DISTRICT, HAIKOU F4 571100
Zhang Shiyu	director	1919 MARKET ST., UNIT 812, PHILADELPHIA PA 19103
Shaanxi Baoyu Science & Technology Investment Co	10 percent owner	86 86 GAOXIN ROAD B-1-6F, XI'AN, SHAANXI PROVINCE F4 710075
Daqing Zhu	director	3RD FLOOR, BOROUGH A, BLOCK A. NO. 181,, SOUTH TAIBAI ROAD, XI'AN, SHAANXI F4 710065
Zhuoyu Li	officer: President	3RD FLOOR, BOROUGH A, BLOCK A, NO. 181, SOUTH TAIBAI ROAD, XI'AN, SHAANXI PROVINCE F4 710065
Yiru Shi	director	1217 S CATALINA AVENUE, REDONDO BEACH CA 90277
Ale Fan	director	3RD FLOOR, BOROUGH A, BLOCK A. NO. 181, SOUTH TAIBAI ROAD, XI?AN, SHAANXI PROVINCE F4 PRC 710065
Jianlei Shen	director	3RD FLOOR, BOROUGH A, BLOCK A. NO. 181, SOUTH TAIBAI ROAD, XI?AN, SHAANXI PROVINCE F4 PRC 710065
Ken Ren	officer: Chief Financial Officer	3RD FL, BOROUGH A, BLOCK A, NO. 181 SOUTH TAIBAI ROAD, XI'AN, SHAANXI PROVINCE F4 710065
Yizhao Zhang	director	45 OLD MILLSTONE DRIVE, NIT 6, EAST WINDSOR NJ 08520
Robert B Fields	director	215 EAST 68TH STREET, NEW YORK NY 10021