Guangzhou Lushan New Materials Co (SHSE:603051) Inventory Turnover : 1.17 (As of Mar. 2025)

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What is Guangzhou Lushan New Materials 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. Guangzhou Lushan New Materials Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥294 Mil. Guangzhou Lushan New Materials Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥251 Mil. Guangzhou Lushan New Materials Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Guangzhou Lushan New Materials Co's Days Inventory for the three months ended in Mar. 2025 was 77.93.

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. Guangzhou Lushan New Materials Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.75.

Guangzhou Lushan New Materials Co Inventory Turnover Historical Data

The historical data trend for Guangzhou Lushan New Materials 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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Guangzhou Lushan New Materials Co Inventory Turnover Chart

Guangzhou Lushan New Materials Co Annual Data

Trend

Dec09

Dec10

Dec11

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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6.40

8.85

5.75

5.64

6.37

Guangzhou Lushan New Materials Co Quarterly Data
	Dec18	Dec19	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															1.24	1.20	1.41	1.76	1.17

Guangzhou Lushan New Materials Co Inventory Turnover Calculation

Guangzhou Lushan New Materials 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 )
=	1859.811	/ (	(368.406	+	215.404)	/	2 )
=	1859.811	/	291.905
=	6.37

Guangzhou Lushan New Materials 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 )
=	293.741	/ (	(215.404	+	286.329)	/	2 )
=	293.741	/	250.8665
=	1.17

Guangzhou Lushan New Materials Co (SHSE:603051) 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.

Guangzhou Lushan New Materials 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
	=	250.8665	/	293.741	*	365 / 4
	=	77.93

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.

Guangzhou Lushan New Materials 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 )
	=	250.8665	/	334.088
	=	0.75

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.

Guangzhou Lushan New Materials Co Inventory Turnover Related Terms

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Guangzhou Lushan New Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Guangzhou Lushan New Materials Co Ltd (SHSE:603051) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 22, Pubei Road, Building 1-4, Yunpu Industrial Zone, Huangpu District, Guangdong Province, Guangzhou, CHN, 510530

Website

http://www.cnlushan.com

Guangzhou Lushan New Materials Co Ltd is engaged in the research and development, production and sales of green and high-performance polymer hot-melt adhesive materials.

Executives

Zheng Miao Hua	senior management
Tang Xiao Jun	senior management
Li Jia Qi	senior management
Du Zhuang	Director
Tang Fang Cheng	Director
Wang Jia Sheng	Director

Guangzhou Lushan New Materials Co Headlines

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