Nanjing CIGU Technology (SHSE:688448) Inventory Turnover : 0.12 (As of Mar. 2025)

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What is Nanjing CIGU Technology 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. Nanjing CIGU Technology's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥27.5 Mil. Nanjing CIGU Technology's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥222.1 Mil. Nanjing CIGU Technology's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nanjing CIGU Technology's Days Inventory for the three months ended in Mar. 2025 was 735.74.

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. Nanjing CIGU Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 5.85.

Nanjing CIGU Technology Inventory Turnover Historical Data

The historical data trend for Nanjing CIGU Technology'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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Nanjing CIGU Technology Inventory Turnover Chart

Nanjing CIGU Technology Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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1.41

1.54

1.37

1.36

1.46

Nanjing CIGU Technology Quarterly Data
	Dec18	Dec19	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															0.12	0.24	0.23	0.65	0.12

Nanjing CIGU Technology Inventory Turnover Calculation

Nanjing CIGU Technology'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 )
=	324.661	/ (	(235.291	+	208.666)	/	2 )
=	324.661	/	221.9785
=	1.46

Nanjing CIGU Technology'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 )
=	27.544	/ (	(208.666	+	235.504)	/	2 )
=	27.544	/	222.085
=	0.12

Nanjing CIGU Technology (SHSE:688448) 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.

Nanjing CIGU Technology'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
	=	222.085	/	27.544	*	365 / 4
	=	735.74

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.

Nanjing CIGU Technology'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 )
	=	222.085	/	37.944
	=	5.85

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.

Nanjing CIGU Technology Inventory Turnover Related Terms

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Nanjing CIGU Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nanjing CIGU Technology Corp Ltd (SHSE:688448) » Definitions » Inventory Turnover

Comparable Companies

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Address

No. 99, Jinxin Middle Road, Jiangsu Province (Jiangning Development Zone), iangning District, Nanjing, CHN, 211000

Website

http://www.cigu.com.cn

Nanjing CIGU Technology Corp Ltd is engaged in the research and development, production and sales of magnetic levitation fluid machinery and magnetic levitation bearings, high-speed motors, high-speed drives and other core components.

Executives

Dong Ji Yong	Directors, senior managers
Xiao Lan Hua	Directors, senior managers
Wu Li Hua	Director
Fu An Qiang	senior management
Wu Ning Chen	Directors, senior managers
Rui Bin	senior management
Du Zhi Jun	senior management
Lin Ying Zhe	senior management
Meng Fan Fei	Core technical personnel

Nanjing CIGU Technology Headlines

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