Anhui Province Natural Gas Development Co (SHSE:603689) Inventory Turnover: 28.41 (As of Mar. 2026)

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SHSE:603689 Anhui Province Natural Gas Development Co Ltd SHSE:603689
64 GF Score
Price ¥7.41
GF Value ¥7.26
Valuation Fairly Valued
! 4 Warning Signs
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What is Anhui Province Natural Gas Development Co Inventory Turnover?

Anhui Province Natural Gas Development Co SHSE:603689 -0.80% 64 Inventory Turnover is 28.41 as of Mar. 2026. GuruFocus rates SHSE:603689 with a GF Score™ of 64/100 and a GF Value™ of ¥7.26 (Fairly Valued). The stock has 4 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. Anhui Province Natural Gas Development Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,130 Mil. Anhui Province Natural Gas Development Co's Average Total Inventories for the quarter that ended in Mar. 2026 was ¥40 Mil. Anhui Province Natural Gas Development Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 28.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Anhui Province Natural Gas Development Co's Days Inventory for the three months ended in Mar. 2026 was 3.21.

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. Anhui Province Natural Gas Development Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.03.


Anhui Province Natural Gas Development Co  (SHSE:603689) 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.

Anhui Province Natural Gas Development 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
=39.766/1129.708*365 / 4
=3.21

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.

Anhui Province Natural Gas Development 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 )
=39.766 / 1335.321
=0.03

* 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.


Anhui Province Natural Gas Development Co Inventory Turnover Related Terms


Anhui Province Natural Gas Development Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Anhui Province Natural Gas Development 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.

Anhui Province Natural Gas Development Co Inventory Turnover Chart

Anhui Province Natural Gas Development Co 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 128.07 149.17 137.32 119.78 105.80

Anhui Province Natural Gas Development Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.19 22.12 24.43 27.93 28.41
SHSE:603689
64GF Score
Anhui Province Natural Gas Development Co Ltd SHSE:603689
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Anhui Province Natural Gas Development Co Inventory Turnover Calculation

Anhui Province Natural Gas Development 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 )
=4461.028 / ((44.431 + 39.901) / 2 )
=4461.028 / 42.166
=105.80

Anhui Province Natural Gas Development 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 )
=1129.708 / ((39.901 + 39.631) / 2 )
=1129.708 / 39.766
=28.41

* 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 28.41 mean?
Anhui Province Natural Gas Development Co (SHSE:603689) has a Inventory Turnover of 28.41 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Anhui Province Natural Gas Development Co and its competitors.
Is Anhui Province Natural Gas Development Co's Inventory Turnover too high?
Anhui Province Natural Gas Development Co's current Inventory Turnover is 28.41. Overall, Anhui Province Natural Gas Development Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Anhui Province Natural Gas Development Co's Inventory Turnover compare to WMB and EPD?
Anhui Province Natural Gas Development Co's Inventory Turnover of 28.41 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Inventory Turnover depends on the Oil & Gas 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 Anhui Province Natural Gas Development Co and its competitors. Anhui Province Natural Gas Development Co's current Inventory Turnover is 28.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Province Natural Gas Development Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Province Natural Gas Development Co (SHSE:603689) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.26, compared to a current price of ¥7.41 — trading 2.1% above its estimated fair value. The current Inventory Turnover is 28.41. Anhui Province Natural Gas Development Co's overall GF Score™ is 64/100 with 4 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 Anhui Province Natural Gas Development Co (SHSE:603689), the current Inventory Turnover is 28.41 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.

Is Anhui Province Natural Gas Development Co (SHSE:603689) Overvalued in 2026?

Based on GuruFocus' analysis, Anhui Province Natural Gas Development Co stock appears to be overvalued. The current stock price of ¥7.41 is trading 2.1% above its estimated GF Value™ of ¥7.26. GuruFocus considers Anhui Province Natural Gas Development Co to be Fairly Valued.

Key valuation signals for SHSE:603689:

  • Inventory Turnover: 28.41
  • GF Value™: ¥7.26 vs. price of ¥7.41 (2.1% above fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anhui Province Natural Gas Development Co Business Description

Industry EnergyOil & Gas
Address No. 9 Dalian Road, Baohe Industrial Zone, Anhui Province, Hefei, CHN, 230051
Anhui Province Natural Gas Development Co Ltd is a natural gas pipeline operator. It invests, constructs, operates and manages natural gas pipelines in Anhui Province. The company also participates in the development and construction of natural gas pipeline network in urban areas; manages natural gas resources on behalf of Anhui Province; sells natural gas; and market and competitive investment in other natural gas, CBM and other energy applications and related projects. The other business activities of the company are to invest in the development of natural gas and coal seams in the province Gas resources projects; other energy development projects; and to engage in other auxiliary businesses.
64GF Score

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

¥7.41
Price
¥7.26
GF Value