Linhai Co (SHSE:600099) Inventory Turnover : 1.72 (As of Mar. 2025)

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What is Linhai 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. Linhai Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥227 Mil. Linhai Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥132 Mil. Linhai Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Linhai Co's Days Inventory for the three months ended in Mar. 2025 was 53.14.

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. Linhai Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.49.

Linhai Co Inventory Turnover Historical Data

The historical data trend for Linhai 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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Linhai Co Inventory Turnover Chart

Linhai Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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4.03

5.34

3.97

3.99

6.80

Linhai 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															1.33	1.29	1.81	1.84	1.72

Linhai Co Inventory Turnover Calculation

Linhai 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 )
=	926.456	/ (	(129.064	+	143.359)	/	2 )
=	926.456	/	136.2115
=	6.80

Linhai 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 )
=	226.661	/ (	(143.359	+	120.655)	/	2 )
=	226.661	/	132.007
=	1.72

Linhai Co (SHSE:600099) 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.

Linhai 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
	=	132.007	/	226.661	*	365 / 4
	=	53.14

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.

Linhai 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 )
	=	132.007	/	271.077
	=	0.49

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.

Linhai Co Inventory Turnover Related Terms

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Linhai Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Linhai Co Ltd (SHSE:600099) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No.199, Yingchun West Road, Jiangsu Province, Taizhou, CHN, 225300

Website

http://www.linhai.cn

Linhai Co Ltd is engaged in developing and manufacturing small engines and power machinery. The main products fall into six categories as motorcycle-engines, small gasoline engines, motorcycles, mopeds, forestry machinery, fire-fighting machinery and sprinklers for the sports ground.

Executives

Liu Hong Jun	Supervisors
Chen Wen Long	Directors, senior managers
Lu Ying	Director
Qin Sheng Gao	senior management
Sun Feng	Director
Lu Zhong Hua	Director
Wu Jun	senior management
Li Peng Peng	senior management
Yuan Wei	Supervisors
Li Sheng Gao	Director
Lu Zhang Ming	Supervisors
Gao Feng	senior management
Yan Wen Qi	Supervisors
Luan Yue Ming	senior management
Wang San Tai	Director

Linhai Co Headlines

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