Y.U.D. Yangtze River Investment Industry Co (SHSE:600119) Inventory Turnover : 2.44 (As of Jun. 2024)

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What is Y.U.D. Yangtze River Investment Industry 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. Y.U.D. Yangtze River Investment Industry Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥78.5 Mil. Y.U.D. Yangtze River Investment Industry Co's Average Total Inventories for the quarter that ended in Jun. 2024 was ¥32.1 Mil. Y.U.D. Yangtze River Investment Industry Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Y.U.D. Yangtze River Investment Industry Co's Days Inventory for the three months ended in Jun. 2024 was 37.38.

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. Y.U.D. Yangtze River Investment Industry Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.38.

Y.U.D. Yangtze River Investment Industry Co Inventory Turnover Historical Data

The historical data trend for Y.U.D. Yangtze River Investment Industry 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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Y.U.D. Yangtze River Investment Industry Co Inventory Turnover Chart

Y.U.D. Yangtze River Investment Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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19.91

12.45

26.32

31.35

24.02

Y.U.D. Yangtze River Investment Industry Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial															4.65	5.39	5.43	8.45	2.44

Y.U.D. Yangtze River Investment Industry Co Inventory Turnover Calculation

Y.U.D. Yangtze River Investment Industry Co'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 )
=	802.099	/ (	(35.814	+	30.982)	/	2 )
=	802.099	/	33.398
=	24.02

Y.U.D. Yangtze River Investment Industry Co'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: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	78.458	/ (	(30.03	+	34.254)	/	2 )
=	78.458	/	32.142
=	2.44

Y.U.D. Yangtze River Investment Industry Co (SHSE:600119) 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.

Y.U.D. Yangtze River Investment Industry Co's Days Inventory for the three 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
	=	32.142	/	78.458	*	365 / 4
	=	37.38

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.

Y.U.D. Yangtze River Investment Industry Co'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 )
	=	32.142	/	84.447
	=	0.38

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.

Y.U.D. Yangtze River Investment Industry Co Inventory Turnover Related Terms

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Y.U.D. Yangtze River Investment Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Y.U.D. Yangtze River Investment Industry Co Ltd (SHSE:600119) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 888 Guanghua Road, Minhang District, Shanghai, Shanghai, CHN, 201108

Website

http://www.cjtz.cn

Y.U.D. Yangtze River Investment Industry Co Ltd provides logistics services in China. It is engaged in industrial investment, domestic trade, real estate development and management, mining resources, meteorological technology, offshore, aviation, land international freight forwarding business, and warehousing, as well as offers information consulting and financial services.

Executives

Sun Li	Director
Li Tie	Director
Zhu Ren Xia	senior management
Xi Zheng	Director
Sun Hai Hong	senior management
Sun Li	Director
Zhu Lian	Director
Hai Le	Director
Zhao Xiao Lei	Director

Y.U.D. Yangtze River Investment Industry Co Headlines

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