Zhejiang Langdi Group Co (SHSE:603726) Inventory Turnover : 1.00 (As of Mar. 2025)

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What is Zhejiang Langdi Group 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. Zhejiang Langdi Group Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥371 Mil. Zhejiang Langdi Group Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥372 Mil. Zhejiang Langdi Group Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhejiang Langdi Group Co's Days Inventory for the three months ended in Mar. 2025 was 91.51.

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. Zhejiang Langdi Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.79.

Zhejiang Langdi Group Co Inventory Turnover Historical Data

The historical data trend for Zhejiang Langdi Group 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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Zhejiang Langdi Group Co Inventory Turnover Chart

Zhejiang Langdi Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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3.55

4.16

3.93

4.32

Zhejiang Langdi Group 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															0.99	1.35	1.05	1.04	1.00

Zhejiang Langdi Group Co Inventory Turnover Calculation

Zhejiang Langdi Group 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 )
=	1475.363	/ (	(324.739	+	357.787)	/	2 )
=	1475.363	/	341.263
=	4.32

Zhejiang Langdi Group 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 )
=	370.692	/ (	(357.787	+	385.733)	/	2 )
=	370.692	/	371.76
=	1.00

Zhejiang Langdi Group Co (SHSE:603726) 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.

Zhejiang Langdi Group 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
	=	371.76	/	370.692	*	365 / 4
	=	91.51

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.

Zhejiang Langdi Group 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 )
	=	371.76	/	470.234
	=	0.79

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.

Zhejiang Langdi Group Co Inventory Turnover Related Terms

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Zhejiang Langdi Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhejiang Langdi Group Co Ltd (SHSE:603726) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 188, Jing 20 Road, Langxia Street, Zhejiang Province, Yuyao, CHN, 315480

Website

http://www.langdi.com

Zhejiang Langdi Group Co Ltd manufactures wheels of a household air conditioner and series fans for HVAT system and industrial equipment. It offers products including backward-curved wheels, backward-curved fans, and motors. The company's products are mainly air-conditioning blades and fans, which are mainly used in air-conditioning air circulation systems for internal and external air circulation.

Executives

Liu Xin Huai	Director
Chen Hai Bo	senior management
Lu Ya Bo	senior management
Li Jian Ping	Director
Wang Wei Li	Supervisors
Gao Yan Kang	Director
Chen Sai Qiu	Director
Li Feng Quan	Director
Yang Zeng Quan	Director
Gao Wen Ming	Director

Zhejiang Langdi Group Co Headlines

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