Luoyang JALON Micro-nano New Materials Co (SHSE:688357) Inventory Turnover : 0.42 (As of Mar. 2025)

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What is Luoyang JALON Micro-nano New Materials 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. Luoyang JALON Micro-nano New Materials Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥123.6 Mil. Luoyang JALON Micro-nano New Materials Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥297.8 Mil. Luoyang JALON Micro-nano New Materials Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Luoyang JALON Micro-nano New Materials Co's Days Inventory for the three months ended in Mar. 2025 was 219.78.

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. Luoyang JALON Micro-nano New Materials Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.68.

Luoyang JALON Micro-nano New Materials Co Inventory Turnover Historical Data

The historical data trend for Luoyang JALON Micro-nano New Materials 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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Luoyang JALON Micro-nano New Materials Co Inventory Turnover Chart

Luoyang JALON Micro-nano New Materials Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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3.77

5.00

2.71

2.03

1.68

Luoyang JALON Micro-nano New Materials 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															0.35	0.38	0.39	0.51	0.42

Luoyang JALON Micro-nano New Materials Co Inventory Turnover Calculation

Luoyang JALON Micro-nano New Materials 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 )
=	557.937	/ (	(365.851	+	298.476)	/	2 )
=	557.937	/	332.1635
=	1.68

Luoyang JALON Micro-nano New Materials 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 )
=	123.639	/ (	(298.476	+	297.107)	/	2 )
=	123.639	/	297.7915
=	0.42

Luoyang JALON Micro-nano New Materials Co (SHSE:688357) 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.

Luoyang JALON Micro-nano New Materials 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
	=	297.7915	/	123.639	*	365 / 4
	=	219.78

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.

Luoyang JALON Micro-nano New Materials 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 )
	=	297.7915	/	177.56
	=	1.68

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.

Luoyang JALON Micro-nano New Materials Co Inventory Turnover Related Terms

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Luoyang JALON Micro-nano New Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Luoyang JALON Micro-nano New Materials Co Ltd (SHSE:688357) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Junmin Road, Industrial Cluster District, Henan, Yanshi, CHN, 471900

Website

http://www.jlchem.cn

Luoyang JALON Micro-nano New Materials Co Ltd is a manufacturer of Molecular Sieves, Molecular Sieve Powders and Synthetic Zeolite Powders. The company produces and sells adsorbent materials; catalytic materials; industrial sodium chloride; and chemical products. Its products are used in Hydrogen Purification, Medical & Industrial Oxygen Concentrator, Cryogenic Air Separation, Coating, Sealants, Adhesives, Natural Gas Dehydration and Sweetening, Refinery, Air Break System, Insulating Glass, Refrigerant Dehydration, and Ethanol Dehydration.

Executives

Zhang Yan	Core technical personnel
Xu Shi Ye	Core technical personnel
Wang Yu Feng	Core technical personnel
Bai Pu	Senior management, core technical personnel
Guo Yan Xia	Core technical personnel
Liu Qiao Xiang	Supervisors
Li Jian Bo	Director
Zhang Jing Tao	senior management
Ning Hong Bo	Supervisors
Li Chao Feng	Directors, senior managers

Luoyang JALON Micro-nano New Materials Co Headlines

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