Xinyi Energy Holdings (HKSE:03868) Inventory Turnover : 0.00 (As of Jun. 2024)

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What is Xinyi Energy Holdings 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. Xinyi Energy Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$436 Mil. Xinyi Energy Holdings's Average Total Inventories for the quarter that ended in Jun. 2024 was HK$0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Xinyi Energy Holdings's Days Inventory for the six months ended in Jun. 2024 was 0.00.

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. Xinyi Energy Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.

Xinyi Energy Holdings Inventory Turnover Historical Data

The historical data trend for Xinyi Energy Holdings'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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Xinyi Energy Holdings Inventory Turnover Chart

Xinyi Energy Holdings Annual Data

Trend

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Dec23

Inventory Turnover

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Xinyi Energy Holdings Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial												-	-	-	-	-

Xinyi Energy Holdings Inventory Turnover Calculation

Xinyi Energy Holdings'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 )
=	808.202	/ (	(0	+	0)	/	1 )
=	808.202	/	0
=	N/A

Xinyi Energy Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	435.949	/ (	(0	+	0)	/	1 )
=	435.949	/	0
=	N/A

Xinyi Energy Holdings (HKSE:03868) 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.

Xinyi Energy Holdings's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	0	/	435.949	*	365 / 2
	=	0.00

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.

Xinyi Energy Holdings's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	0	/	1218.405
	=	0.00

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.

Xinyi Energy Holdings Inventory Turnover Related Terms

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Xinyi Energy Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Xinyi Energy Holdings Ltd (HKSE:03868) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 102, Meidiya Road, E Qiao Town, Sanshan District, Anhui Province, Wuhu, CHN

Website

https://www.xinyienergy.com

Listed in May 2019, Xinyi Energy is a spinoff from its holding company Xinyi Solar, and engages in solar farm operations in China. The company owns a portfolio of utility-scale ground-mounted solar farm projects, with total approved capacity of 3,650.5 megawatts by the end of 2023. Parent Xinyi Solar, a leading solar glass manufacturer and solar farm developer, retains about a 52% stake in Xinyi Energy.

Executives

Shang Hai Ning Quan Zi Chan Guan Li You Xian Gong Si	2102 Investment manager
Li Ching Wai	2401 A concert party to an agreement to buy shares
Sze Nang Sze	2201 Interest of corporation controlled by you
Ng Ngan Ho	2401 A concert party to an agreement to buy shares
Xinyi Power (bvi) Limited	2101 Beneficial owner
Li Ching Leung	2401 A concert party to an agreement to buy shares
Lee Sing Din	2401 A concert party to an agreement to buy shares
Tung Ching Bor	2401 A concert party to an agreement to buy shares
Lee Yin Yee	2401 A concert party to an agreement to buy shares
Tung Ching Sai	2401 A concert party to an agreement to buy shares
Xinyi Solar Holdings Limited	2201 Interest of corporation controlled by you
Xinyi Glass Holdings Limited
Xinyi Group (glass) Company Limited
Charm Dazzle Limited
Sze Tan Hung	2101 Beneficial owner

Xinyi Energy Holdings Headlines

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