Longjian Road & Bridge Co (SHSE:600853) Inventory Turnover : 0.97 (As of Mar. 2025)

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What is Longjian Road & Bridge 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. Longjian Road & Bridge Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥1,580 Mil. Longjian Road & Bridge Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥1,628 Mil. Longjian Road & Bridge Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Longjian Road & Bridge Co's Days Inventory for the three months ended in Mar. 2025 was 93.99.

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. Longjian Road & Bridge Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.90.

Longjian Road & Bridge Co Inventory Turnover Historical Data

The historical data trend for Longjian Road & Bridge 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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Longjian Road & Bridge Co Inventory Turnover Chart

Longjian Road & Bridge Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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3.44

8.17

9.95

11.64

10.48

Longjian Road & Bridge 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															1.15	1.63	3.68	4.18	0.97

Longjian Road & Bridge Co Inventory Turnover Calculation

Longjian Road & Bridge 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 )
=	16140.77	/ (	(1389.215	+	1692.402)	/	2 )
=	16140.77	/	1540.8085
=	10.48

Longjian Road & Bridge 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 )
=	1580.179	/ (	(1692.402	+	1562.977)	/	2 )
=	1580.179	/	1627.6895
=	0.97

Longjian Road & Bridge Co (SHSE:600853) 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.

Longjian Road & Bridge 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
	=	1627.6895	/	1580.179	*	365 / 4
	=	93.99

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.

Longjian Road & Bridge 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 )
	=	1627.6895	/	1800.333
	=	0.90

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.

Longjian Road & Bridge Co Inventory Turnover Related Terms

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Longjian Road & Bridge Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Longjian Road & Bridge Co Ltd (SHSE:600853) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 368, Changjiang Road, Nangang District, Heilongjiang Province, Harbin, CHN, 150009

Website

http://www.longjianlq.com

Longjian Road & Bridge Co Ltd is engaged in road and bridge construction. It is also involved in other businesses such as e-commerce platform for green and organic food, green energy resources, investment and trade, financial services, and others. The company's main business comprises of Road Engineering, Bridge Engineering, Municipal Engineering, Tunnel Engineering, Metro Engineering, Engineering Design, and Overseas Business. It provides its construction services to Bangladesh, Sudan, Kenya, Sri Lanka, India, Ethiopia, Surinam, Ghana, Uganda, Mongolia, and other countries.

Executives

Tian Yu Long	Director
Yu Hai Jun	Director
Liu Wan Chang	senior management
Zhang Zhong Yang	senior management
Ning Zhang Yuan	Directors, senior managers
Luan Qing Zhi	Directors, senior managers
Chen Yan Jun	senior management
Liu Shu Jun	senior management

Longjian Road & Bridge Co Headlines

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