Hunan Chendian International Development Co (SHSE:600969) Inventory Turnover : 13.37 (As of Mar. 2025)

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What is Hunan Chendian International Development 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. Hunan Chendian International Development Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥942 Mil. Hunan Chendian International Development Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥70 Mil. Hunan Chendian International Development Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 13.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hunan Chendian International Development Co's Days Inventory for the three months ended in Mar. 2025 was 6.83.

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. Hunan Chendian International Development Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.07.

Hunan Chendian International Development Co Inventory Turnover Historical Data

The historical data trend for Hunan Chendian International Development 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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Hunan Chendian International Development Co Inventory Turnover Chart

Hunan Chendian International Development Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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46.60

51.12

53.17

48.33

58.07

Hunan Chendian International Development 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															12.03	9.89	14.94	13.00	13.37

Hunan Chendian International Development Co Inventory Turnover Calculation

Hunan Chendian International Development 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 )
=	3740.437	/ (	(69.339	+	59.486)	/	2 )
=	3740.437	/	64.4125
=	58.07

Hunan Chendian International Development 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 )
=	941.863	/ (	(59.486	+	81.41)	/	2 )
=	941.863	/	70.448
=	13.37

Hunan Chendian International Development Co (SHSE:600969) 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.

Hunan Chendian International Development 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
	=	70.448	/	941.863	*	365 / 4
	=	6.83

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.

Hunan Chendian International Development 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 )
	=	70.448	/	1000.832
	=	0.07

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.

Hunan Chendian International Development Co Inventory Turnover Related Terms

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Hunan Chendian International Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hunan Chendian International Development Co Ltd (SHSE:600969) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wanuo Building, No. 5 Youth Avenue, Hunan Province, Quzhou, CHN, 423000

Website

http://www.chinacdi.com

Hunan Chendian International Development Co Ltd is a China-based company. Its business activities are divided into five divisions including Power supply business that purchases electricity from hydropower, power grid and China Southern Power Grid in the power supply area, and sells electricity to terminal power users through its transmission and power-distribution network, Water supply business mainly produces and sells tap water, Industrial gases provide gas supply services for large and medium-sized steel enterprises., Hydropower development is engaged in investment development and operation management of hydropower stations, and Sewage treatment invests in construction of operating sewage.

Executives

Fan Pei Shun	Director
Yuan Zhi Yong	Director

Hunan Chendian International Development Co Headlines

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