Yong Jie New Material Co (SHSE:603271) Inventory Turnover: 1.95 (As of Mar. 2026)

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SHSE:603271 Yong Jie New Material Co Ltd SHSE:603271
43 GF Score
Price ¥42.56
! 5 Warning Signs
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What is Yong Jie New Material Co Inventory Turnover?

Yong Jie New Material Co SHSE:603271 +1.09% 43 Inventory Turnover is 1.95 as of Mar. 2026. GuruFocus rates SHSE:603271 with a GF Score™ of 43/100. The stock has 5 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. Yong Jie New Material Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥2,175 Mil. Yong Jie New Material Co's Average Total Inventories for the quarter that ended in Mar. 2026 was ¥1,113 Mil. Yong Jie New Material Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yong Jie New Material Co's Days Inventory for the three months ended in Mar. 2026 was 46.70.

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. Yong Jie New Material Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.46.

Yong Jie New Material Co  (SHSE:603271) 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.

Yong Jie New Material Co's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=1113.0555/2174.855*365 / 4
=46.70

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.

Yong Jie New Material Co's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1113.0555 / 2408.399
=0.46

* 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.

Yong Jie New Material Co Inventory Turnover Related Terms

Yong Jie New Material Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Yong Jie New Material 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.

Yong Jie New Material Co Inventory Turnover Chart

Yong Jie New Material Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial 7.81 7.72 7.52 8.79 8.71

Yong Jie New Material Co Quarterly Data
Dec19 Dec20 Dec21 Jun22 Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.80 2.08 2.19 2.20 1.95
SHSE:603271
43GF Score
Yong Jie New Material Co Ltd SHSE:603271
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Yong Jie New Material Co Inventory Turnover Calculation

Yong Jie New Material Co'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 )
=8759.418 / ((929.464 + 1081.353) / 2 )
=8759.418 / 1005.4085
=8.71

Yong Jie New Material Co's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=2174.855 / ((1081.353 + 1144.758) / 2 )
=2174.855 / 1113.0555
=1.95

* 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 1.95 mean?
Yong Jie New Material Co (SHSE:603271) has a Inventory Turnover of 1.95 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Yong Jie New Material Co and its competitors.
Is Yong Jie New Material Co's Inventory Turnover too high?
Yong Jie New Material Co's current Inventory Turnover is 1.95. Overall, Yong Jie New Material Co has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Yong Jie New Material Co's Inventory Turnover compare to AA?
Yong Jie New Material Co's Inventory Turnover of 1.95 can be compared against companies in the Metals & Mining 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 a Metals & Mining company?
A good Inventory Turnover depends on the Metals & Mining 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 Yong Jie New Material Co and its competitors. Yong Jie New Material Co's current Inventory Turnover is 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yong Jie New Material Co stock overvalued right now?
Yong Jie New Material Co (SHSE:603271) has a current Inventory Turnover of 1.95. The current Inventory Turnover is 1.95. Yong Jie New Material Co's overall GF Score™ is 43/100 with 5 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 Yong Jie New Material Co (SHSE:603271), the current Inventory Turnover is 1.95 as of Mar. 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.

Yong Jie New Material Co Business Description

Address Number 1288, Jiangdong 2nd Road, Qiantang District, Zhejiang Province, Hangzhou, CHN, 311222
Yong Jie New Material Co Ltd is engaged in research and development, production and sales of aluminum sheets, strips and foils. It also has hot continuous rolling and casting rolling full process chain production lines, the products are mainly used in lithium batteries, vehicle lightweight, electronic appliances and new building materials and other fields, the production of lithium ion power battery structural components for aluminum alloy plate belt products were identified as the national manufacturing single champion products, lithium ion power battery aluminum foil and other three products obtained the Zhejiang manufacturing product label certification.
43GF Score

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

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