Jiangxi Changyun Co (SHSE:600561) Inventory Turnover : 13.96 (As of Mar. 2025)

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What is Jiangxi Changyun 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. Jiangxi Changyun Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥376 Mil. Jiangxi Changyun Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥27 Mil. Jiangxi Changyun Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 13.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jiangxi Changyun Co's Days Inventory for the three months ended in Mar. 2025 was 6.54.

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. Jiangxi Changyun Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.08.

Jiangxi Changyun Co Inventory Turnover Historical Data

The historical data trend for Jiangxi Changyun 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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Jiangxi Changyun Co Inventory Turnover Chart

Jiangxi Changyun Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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15.06

19.90

26.05

33.34

54.69

Jiangxi Changyun 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															9.36	10.18	11.59	16.99	13.96

Jiangxi Changyun Co Inventory Turnover Calculation

Jiangxi Changyun 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 )
=	1653.194	/ (	(35.772	+	24.686)	/	2 )
=	1653.194	/	30.229
=	54.69

Jiangxi Changyun 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 )
=	375.896	/ (	(24.686	+	29.183)	/	2 )
=	375.896	/	26.9345
=	13.96

Jiangxi Changyun Co (SHSE:600561) 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.

Jiangxi Changyun 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
	=	26.9345	/	375.896	*	365 / 4
	=	6.54

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.

Jiangxi Changyun 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 )
	=	26.9345	/	336.85
	=	0.08

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.

Jiangxi Changyun Co Inventory Turnover Related Terms

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Jiangxi Changyun Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jiangxi Changyun Co Ltd (SHSE:600561) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Ping'an West 2nd Street, Honggutan New District, Nanchang, CHN, 330038

Website

http://www.jxcy.com.cn

Jiangxi Changyun Co Ltd provides transportation services and is mainly engaged in the construction of road passenger and passenger stations. The company is also involved in the maintenance of the transport business, travel services, logistics, car rental, and property management. The company generates the majority of its revenue from road passenger transport business.

Executives

Liu Gang	Director
Su Yue Hong	Supervisors
Luo Ding Bin	senior management
Ceng Guo Hui	Supervisors
Xie Jing Quan	senior management
Xie Wei	Director
Wang Ting Wei	senior management
Xu Zhi Fang	Supervisors
Jiang Bin	senior management
Hu Jian Ping	senior management
Chen Gan Ping	senior management
Wang Su Xin	senior management
Zhou Guo Shun	senior management
Zhang Wei Jin	senior management
Lei He Ming	senior management

Jiangxi Changyun Co Headlines

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