China National Electric Apparatus Research Institute Co (SHSE:688128) Inventory Turnover : 0.34 (As of Mar. 2025)

View and export this data going back to 2019. Start your Free Trial

What is China National Electric Apparatus Research Institute 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 National Electric Apparatus Research Institute Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥754 Mil. China National Electric Apparatus Research Institute Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥2,233 Mil. China National Electric Apparatus Research Institute Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China National Electric Apparatus Research Institute Co's Days Inventory for the three months ended in Mar. 2025 was 270.40.

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 National Electric Apparatus Research Institute Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.97.

China National Electric Apparatus Research Institute Co Inventory Turnover Historical Data

The historical data trend for China National Electric Apparatus Research Institute 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.

* Premium members only.

China National Electric Apparatus Research Institute Co Inventory Turnover Chart

China National Electric Apparatus Research Institute Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

3.60

3.46

2.15

1.42

1.28

China National Electric Apparatus Research Institute 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															0.23	0.30	0.28	0.41	0.34

China National Electric Apparatus Research Institute Co Inventory Turnover Calculation

China National Electric Apparatus Research Institute 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 )
=	3048.194	/ (	(2514.586	+	2260.864)	/	2 )
=	3048.194	/	2387.725
=	1.28

China National Electric Apparatus Research Institute 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 )
=	753.503	/ (	(2260.864	+	2204.763)	/	2 )
=	753.503	/	2232.8135
=	0.34

China National Electric Apparatus Research Institute Co (SHSE:688128) 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 National Electric Apparatus Research Institute 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
	=	2232.8135	/	753.503	*	365 / 4
	=	270.40

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 National Electric Apparatus Research Institute 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 )
	=	2232.8135	/	1134.159
	=	1.97

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 National Electric Apparatus Research Institute Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of China National Electric Apparatus Research Institute Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

China National Electric Apparatus Research Institute Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China National Electric Apparatus Research Institute Co Ltd (SHSE:688128) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 204, Xingang West Road, Building 1, Haizhu District, Guangdong, Guangzhou, CHN, 510399

Website

http://www.cei1958.com

China National Electric Apparatus Research Institute Co Ltd is a national innovative science-and-technology enterprise. It is characterized with an integration of three core business sectors namely scientific research and development, science and technology service, as well as science and technology industry.

Executives

Yu He Qing

Core technical personnel

China National Electric Apparatus Research Institute Co Headlines

No Headlines