China Master Logistics Co (SHSE:603967) Inventory Turnover : 144.02 (As of Mar. 2025)

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What is China Master 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. China Master Logistics Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥1,922 Mil. China Master Logistics Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥13 Mil. China Master Logistics Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 144.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Master Logistics Co's Days Inventory for the three months ended in Mar. 2025 was 0.63.

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. China Master Logistics Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.01.

China Master Logistics Co Inventory Turnover Historical Data

The historical data trend for China Master 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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China Master Logistics Co Inventory Turnover Chart

China Master Logistics Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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592.69

1,261.52

894.59

483.59

834.38

China Master 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															158.86	222.54	271.99	200.46	144.02

China Master Logistics Co Inventory Turnover Calculation

China Master 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 )
=	11229.983	/ (	(13.938	+	12.98)	/	2 )
=	11229.983	/	13.459
=	834.38

China Master 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 )
=	1922.433	/ (	(12.98	+	13.716)	/	2 )
=	1922.433	/	13.348
=	144.02

China Master Logistics Co (SHSE:603967) 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.

China Master 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
	=	13.348	/	1922.433	*	365 / 4
	=	0.63

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.

China Master 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 )
	=	13.348	/	2071.289
	=	0.01

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.

China Master Logistics Co Inventory Turnover Related Terms

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China Master Logistics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Master Logistics Co Ltd (SHSE:603967) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.169 ShenZhen Road, 23rd Floor, Zhongchuang Building, Laoshan District, Shandong, Qingdao, CHN, 266100

Website

http://www.cmlog.com

China Master Logistics Co Ltd is an integrated logistics company. The business of company mainly covers freight forwarding, CFS services, shipping agency, coastal transportation, project logistics, commodity Logistics and other areas with the service network covering the majority ports such as Ningbo, Lianyungang, Rizhao, Rongcheng, Qingdao and others.

Executives

Zhang Pei Cheng	Supervisors
Chu Xu Ri	senior management
Liu Qing	Directors, senior managers
Gao Bing	senior management
Li Song Qing	Director
Ge Yan Hua	Director
Xie Li Jun	Director
Leng Xian Shun	Director
Li Wen Guang	Supervisors

China Master Logistics Co Headlines

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