Henan Lantian Gas Co (SHSE:605368) Inventory Turnover : 5.65 (As of Mar. 2025)

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What is Henan Lantian Gas 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. Henan Lantian Gas Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥1,157 Mil. Henan Lantian Gas Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥205 Mil. Henan Lantian Gas Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 5.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Henan Lantian Gas Co's Days Inventory for the three months ended in Mar. 2025 was 16.16.

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. Henan Lantian Gas Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.15.

Henan Lantian Gas Co Inventory Turnover Historical Data

The historical data trend for Henan Lantian Gas 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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Henan Lantian Gas Co Inventory Turnover Chart

Henan Lantian Gas Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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61.73

33.59

22.57

19.81

18.69

Henan Lantian Gas 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															6.70	4.43	4.14	5.03	5.65

Henan Lantian Gas Co Inventory Turnover Calculation

Henan Lantian Gas 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 )
=	3832.395	/ (	(194.986	+	215.201)	/	2 )
=	3832.395	/	205.0935
=	18.69

Henan Lantian Gas 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 )
=	1157.319	/ (	(215.201	+	194.692)	/	2 )
=	1157.319	/	204.9465
=	5.65

Henan Lantian Gas Co (SHSE:605368) 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.

Henan Lantian Gas 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
	=	204.9465	/	1157.319	*	365 / 4
	=	16.16

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.

Henan Lantian Gas 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 )
	=	204.9465	/	1396.135
	=	0.15

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.

Henan Lantian Gas Co Inventory Turnover Related Terms

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Henan Lantian Gas Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Henan Lantian Gas Co Ltd (SHSE:605368) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

West of North Section of Production Stree, Henan Province, Queshan County, Zhumadian, CHN, 463200

Website

http://www.hnltrq.com.cn

Henan Lantian Gas Co Ltd is involved in the natural gas transmission and sales business. The company's natural gas branch has a total length of more than 700 kilometers and covers a population of more than 50 million.

Executives

Zhao Yong Kui	senior management
Huang Tao	Director
Lan Yu Feng	senior management
Li Bao Hua	Director
Zhao Xin	senior management

Henan Lantian Gas Co Headlines

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