Jinhong Gas Co (SHSE:688106) Inventory Turnover: 3.41 (As of Mar. 2026)

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SHSE:688106 Jinhong Gas Co Ltd SHSE:688106
83 GF Score
Price ¥27.93
GF Value ¥25.18
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Jinhong Gas Co Inventory Turnover?

Jinhong Gas Co SHSE:688106 +2.08% 83 Inventory Turnover is 3.41 as of Mar. 2026. GuruFocus rates SHSE:688106 with a GF Score™ of 83/100 and a GF Value™ of ¥25.18 (Modestly Overvalued). The stock has 7 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. Jinhong Gas Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥476 Mil. Jinhong Gas Co's Average Total Inventories for the quarter that ended in Mar. 2026 was ¥140 Mil. Jinhong Gas Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jinhong Gas Co's Days Inventory for the three months ended in Mar. 2026 was 26.75.

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. Jinhong Gas Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.21.

Jinhong Gas Co  (SHSE:688106) 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.

Jinhong Gas 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
=139.7075/476.496*365 / 4
=26.75

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.

Jinhong Gas 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 )
=139.7075 / 663.139
=0.21

* 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.

Jinhong Gas Co Inventory Turnover Related Terms

Jinhong Gas Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Jinhong 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.

Jinhong Gas Co Inventory Turnover Chart

Jinhong Gas 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 15.08 12.17 12.41 11.43 13.42

Jinhong Gas 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 2.94 3.34 3.53 3.77 3.41
SHSE:688106
83GF Score
Jinhong Gas Co Ltd SHSE:688106
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Jinhong Gas Co Inventory Turnover Calculation

Jinhong Gas 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 )
=1951.681 / ((154.547 + 136.294) / 2 )
=1951.681 / 145.4205
=13.42

Jinhong Gas 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 )
=476.496 / ((136.294 + 143.121) / 2 )
=476.496 / 139.7075
=3.41

* 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 3.41 mean?
Jinhong Gas Co (SHSE:688106) has a Inventory Turnover of 3.41 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Jinhong Gas Co and its competitors.
Is Jinhong Gas Co's Inventory Turnover too high?
Jinhong Gas Co's current Inventory Turnover is 3.41. Overall, Jinhong Gas Co has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jinhong Gas Co's Inventory Turnover compare to LIN and SHW?
Jinhong Gas Co's Inventory Turnover of 3.41 can be compared against companies in the Chemicals 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 Chemicals company?
A good Inventory Turnover depends on the Chemicals 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 Jinhong Gas Co and its competitors. Jinhong Gas Co's current Inventory Turnover is 3.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinhong Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Jinhong Gas Co (SHSE:688106) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥25.18, compared to a current price of ¥27.93 — trading 10.9% above its estimated fair value. The current Inventory Turnover is 3.41. Jinhong Gas Co's overall GF Score™ is 83/100 with 7 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 Jinhong Gas Co (SHSE:688106), the current Inventory Turnover is 3.41 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 Jinhong Gas Co (SHSE:688106) Overvalued in 2026?

Based on GuruFocus' analysis, Jinhong Gas Co stock appears to be overvalued. The current stock price of ¥27.93 is trading 10.9% above its estimated GF Value™ of ¥25.18. GuruFocus considers Jinhong Gas Co to be Modestly Overvalued.

Key valuation signals for SHSE:688106:

  • Inventory Turnover: 3.41
  • GF Value™: ¥25.18 vs. price of ¥27.93 (10.9% above fair value)
  • GF Score™: 83/100 with 7 warning signs

No single metric tells the full story. See the SHSE:688106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Jinhong Gas Co Business Description

Address Anmin Road, No. 6, Panyang Industrial Park, Huangdai Town, Xiangcheng District, Jiangsu Province, Suzhou, CHN, 215152
Jinhong Gas Co Ltd is engaged in production, sales and service of environmentally intensive integrated gas. The company provides customers with one-stop gas supply solutions for various bulk gases, special gases and natural gasother fields.
83GF Score

Get the complete analysis for SHSE:688106

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

¥27.93
Price
¥25.18
GF Value