Kunming Yunnei Power Co (SZSE:000903) Inventory Turnover : 0.61 (As of Mar. 2024)

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What is Kunming Yunnei Power 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. Kunming Yunnei Power Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,535 Mil. Kunming Yunnei Power Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥2,521 Mil. Kunming Yunnei Power Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kunming Yunnei Power Co's Days Inventory for the three months ended in Mar. 2024 was 149.88.

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. Kunming Yunnei Power Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.45.

Kunming Yunnei Power Co Inventory Turnover Historical Data

The historical data trend for Kunming Yunnei Power 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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Kunming Yunnei Power Co Inventory Turnover Chart

Kunming Yunnei Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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4.77

6.00

3.40

1.86

2.04

Kunming Yunnei Power Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.55	0.46	0.45	0.55	0.61

Kunming Yunnei Power Co Inventory Turnover Calculation

Kunming Yunnei Power Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	5602.738	/ (	(2897.889	+	2595.869)	/	2 )
=	5602.738	/	2746.879
=	2.04

Kunming Yunnei Power Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	1534.911	/ (	(2595.869	+	2446.478)	/	2 )
=	1534.911	/	2521.1735
=	0.61

Kunming Yunnei Power Co (SZSE:000903) 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.

Kunming Yunnei Power Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	2521.1735	/	1534.911	*	365 / 4
	=	149.88

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.

Kunming Yunnei Power Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	2521.1735	/	1740.573
	=	1.45

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.

Kunming Yunnei Power Co Inventory Turnover Related Terms

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Kunming Yunnei Power Co (SZSE:000903) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kunming Yunnei Power Co Ltd (SZSE:000903) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No.66, Jingjing Road, Kunming Economic and Technological Development Zone, Yunnan Province, Kunming, CHN, 650200

Website

http://www.yunneidongli.com

Kunming Yunnei Power Co Ltd is engaged in developing and manufacturing diesel engine. It offers engines for commercial vehicle, passenger cars and for off-road machines. Further, it is also involved in two major businesses of engine industrial chain and energy-saving new material industry in which it offers a product such as two powertrain assembly, two core technologies, energy-saving materials, new energy automobiles, agricultural machinery and others. Geographically the activities are carried out through China.

Executives

Wang De Qin	Supervisors
Lou Di Ming	Independent director
Yang Yong Zhong	Directors, executives
Kui Wei	Supervisors
Dai Yun Hui	Executives
Shen Li Zhong	Director
Shi Guo Jian	Supervisors
Yang Yang	Executives
Peng Wen Kai	Director
Li Ming Lu	Supervisors

Kunming Yunnei Power Co (SZSE:000903) Headlines

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