Jiangsu Wanlin Modern Logistics Co (SHSE:603117) Inventory Turnover : 23.68 (As of Mar. 2025)

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What is Jiangsu Wanlin Modern Logistics 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. Jiangsu Wanlin Modern Logistics Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥44.2 Mil. Jiangsu Wanlin Modern Logistics Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥1.9 Mil. Jiangsu Wanlin Modern Logistics Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 23.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jiangsu Wanlin Modern Logistics Co's Days Inventory for the three months ended in Mar. 2025 was 3.85.

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. Jiangsu Wanlin Modern Logistics Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.03.

Jiangsu Wanlin Modern Logistics Co Inventory Turnover Historical Data

The historical data trend for Jiangsu Wanlin Modern Logistics 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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Jiangsu Wanlin Modern Logistics Co Inventory Turnover Chart

Jiangsu Wanlin Modern Logistics Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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2.76

2.85

3.92

6.73

101.45

Jiangsu Wanlin Modern Logistics 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															22.37	24.05	21.10	27.84	23.68

Jiangsu Wanlin Modern Logistics Co Inventory Turnover Calculation

Jiangsu Wanlin Modern Logistics 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 )
=	198.237	/ (	(2.015	+	1.893)	/	2 )
=	198.237	/	1.954
=	101.45

Jiangsu Wanlin Modern Logistics 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 )
=	44.233	/ (	(1.893	+	1.843)	/	2 )
=	44.233	/	1.868
=	23.68

Jiangsu Wanlin Modern Logistics Co (SHSE:603117) 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.

Jiangsu Wanlin Modern Logistics 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
	=	1.868	/	44.233	*	365 / 4
	=	3.85

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.

Jiangsu Wanlin Modern Logistics 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 )
	=	1.868	/	62.012
	=	0.03

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.

Jiangsu Wanlin Modern Logistics Co Inventory Turnover Related Terms

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Jiangsu Wanlin Modern Logistics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jiangsu Wanlin Modern Logistics Co Ltd (SHSE:603117) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No.68 Renmin Middle Road, Block A, Block B, 8th Floor, International Trade Center, Jiangsu Province, Jingjiang, CHN, 214500

Website

http://www.china-wanlin.com

Jiangsu Wanlin Modern Logistics Co Ltd is a logistics enterprise. It operates a wood agency procurement business from the Far East, North America, Africa, and South America. Its provide comprehensive logistics services for many timber industry enterprises including agent procurement, shipping agency, freight forwarding, port loading and unloading, warehousing and distribution, cargo loading, wood processing, logistics information and other services. It provides domestic and international shipping agency service.

Executives

Fan Ji Bo	Director
Yu Jin Song	Director
Hao Jian Bin	Director
Wu Jiang Yu	Director
Huang Zhi Hua	Director
Shen Jian Wen	Director
Sun Yu Feng	Director
Huang Bao Zhong	Director

Jiangsu Wanlin Modern Logistics Co Headlines

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