Chengdu Gas Group (SHSE:603053) Inventory Turnover: 16.12 (As of Jun. 2026)

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SHSE:603053 Chengdu Gas Group Corp Ltd SHSE:603053
82 GF Score
Price ¥8.73
GF Value ¥9.66
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Chengdu Gas Group Inventory Turnover?

Chengdu Gas Group SHSE:603053 -0.80% 82 Inventory Turnover is 16.12 as of Jun. 2026. GuruFocus rates SHSE:603053 with a GF Score™ of 82/100 and a GF Value™ of ¥9.66 (Modestly Undervalued). The stock has 3 warning signs investors should review.

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. Chengdu Gas Group's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥851 Mil. Chengdu Gas Group's Average Total Inventories for the quarter that ended in Jun. 2026 was ¥53 Mil. Chengdu Gas Group's Inventory Turnover for the quarter that ended in Jun. 2026 was 16.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chengdu Gas Group's Days Inventory for the three months ended in Jun. 2026 was 5.66.

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. Chengdu Gas Group's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.05.

Chengdu Gas Group  (SHSE:603053) 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.

Chengdu Gas Group's Days Inventory for the three months ended in Jun. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=52.789/851.181*365 / 4
=5.66

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.

Chengdu Gas Group's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=52.789 / 1084.863
=0.05

* 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.

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.

Chengdu Gas Group Inventory Turnover Related Terms

Chengdu Gas Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Chengdu Gas Group'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.

Chengdu Gas Group Inventory Turnover Chart

Chengdu Gas Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.56 44.24 54.27 67.19 84.46

Chengdu Gas Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.54 9.25 25.52 26.00 16.12
SHSE:603053
82GF Score
Chengdu Gas Group Corp Ltd SHSE:603053
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Chengdu Gas Group Inventory Turnover Calculation

Chengdu Gas Group's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=4391.851 / ((63.681 + 40.316) / 2 )
=4391.851 / 51.9985
=84.46

Chengdu Gas Group's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover (Q: Jun. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2026 ) / ((Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count )
=851.181 / ((59.032 + 46.546) / 2 )
=851.181 / 52.789
=16.12

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 16.12 mean?
Chengdu Gas Group (SHSE:603053) has a Inventory Turnover of 16.12 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Chengdu Gas Group and its competitors.
Is Chengdu Gas Group's Inventory Turnover too high?
Chengdu Gas Group's current Inventory Turnover is 16.12. Overall, Chengdu Gas Group has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chengdu Gas Group's Inventory Turnover compare to ATO and NI?
Chengdu Gas Group's Inventory Turnover of 16.12 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for an Utilities - Regulated company?
A good Inventory Turnover depends on the Utilities - Regulated industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Chengdu Gas Group and its competitors. Chengdu Gas Group's current Inventory Turnover is 16.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu Gas Group stock overvalued right now?
Based on GuruFocus' analysis, Chengdu Gas Group (SHSE:603053) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.66, compared to a current price of ¥8.73 — trading 9.6% below its estimated fair value. The current Inventory Turnover is 16.12. Chengdu Gas Group's overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Chengdu Gas Group (SHSE:603053), the current Inventory Turnover is 16.12 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Chengdu Gas Group (SHSE:603053) Overvalued in 2026?

Based on GuruFocus' analysis, Chengdu Gas Group stock appears to be undervalued. The current stock price of ¥8.73 is trading 9.6% below its estimated GF Value™ of ¥9.66. GuruFocus considers Chengdu Gas Group to be Modestly Undervalued.

Key valuation signals for SHSE:603053:

  • Inventory Turnover: 16.12
  • GF Value™: ¥9.66 vs. price of ¥8.73 (9.6% below fair value)
  • GF Score™: 82/100 with 3 warning signs

No single metric tells the full story. See the SHSE:603053 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Chengdu Gas Group Business Description

Address No. 19 Shaoling Road, Wuhou District, Sichuan Province, Chengdu, CHN, 610041
Chengdu Gas Group Corp Ltd is engaged in urban gas supply in large and medium cities in China. The company's business includes city gas supply, gas engineering planning, design, construction and installation, gas transmission and distribution, application, management, gas intelligent system research and development, equipment manufacturing, gas special equipment, pressure vessels, measuring device testing, gas appliances and equipment sales.
82GF Score

Get the complete analysis for SHSE:603053

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥8.73
Price
¥9.66
GF Value