Jiaze Renewables (SHSE:601619) Inventory Turnover : 0.00 (As of Sep. 2024)

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What is Jiaze Renewables 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. Jiaze Renewables's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥234 Mil. Jiaze Renewables's Average Total Inventories for the quarter that ended in Sep. 2024 was ¥0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jiaze Renewables's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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. Jiaze Renewables's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.

Jiaze Renewables Inventory Turnover Historical Data

The historical data trend for Jiaze Renewables'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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Jiaze Renewables Inventory Turnover Chart

Jiaze Renewables Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2,179.74

2,142.28

2,566.21

Jiaze Renewables Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Jiaze Renewables Inventory Turnover Calculation

Jiaze Renewables'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 )
=	907.89	/ (	(0	+	0)	/	1 )
=	907.89	/	0
=	N/A

Jiaze Renewables's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	233.575	/ (	(0	+	0)	/	1 )
=	233.575	/	0
=	N/A

Jiaze Renewables (SHSE:601619) 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.

Jiaze Renewables's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	0	/	233.575	*	365 / 4
	=	0.00

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.

Jiaze Renewables's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	0	/	578.331
	=	0.00

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.

Jiaze Renewables Inventory Turnover Related Terms

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Jiaze Renewables Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Jiaze Renewables Corp Ltd (SHSE:601619) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 1 Xingshui Road, Building 68, Zone D, Greenland 21 City Enterprise Park, Xingqing District, Ningxia Hui Autonomous Region, Wuzhong, CHN, 750004

Website

http://www.jzne.net.cn

Jiaze Renewables Corp Ltd is engaged in development, investment, construction, operation and management of new energy electricity.

Executives

Chen Bo	Director
Han Xiao Dong	senior management
Zhao Ji Wei	Director
Zhang Jian Jun	Director
Ju Xin Tuan	senior management
Wang Qiang	senior management
Yang Ning	senior management
Yang Jie	Supervisors
Zhang Song	Supervisors
Yang Fan	Supervisors
An Zhen Min	senior management

Jiaze Renewables Headlines

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