Nanchang Mineral Systems Co (SZSE:001360) Inventory Turnover : 0.26 (As of Mar. 2025)

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What is Nanchang Mineral Systems 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. Nanchang Mineral Systems Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥106.5 Mil. Nanchang Mineral Systems Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥406.5 Mil. Nanchang Mineral Systems Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nanchang Mineral Systems Co's Days Inventory for the three months ended in Mar. 2025 was 348.28.

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. Nanchang Mineral Systems Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 2.55.

Nanchang Mineral Systems Co Inventory Turnover Historical Data

The historical data trend for Nanchang Mineral Systems 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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Nanchang Mineral Systems Co Inventory Turnover Chart

Nanchang Mineral Systems Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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1.00

1.40

1.45

1.50

1.32

Nanchang Mineral Systems Co Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial											0.34	0.37	0.33	0.30	0.26

Nanchang Mineral Systems Co Inventory Turnover Calculation

Nanchang Mineral Systems 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 )
=	521.669	/ (	(394.74	+	392.985)	/	2 )
=	521.669	/	393.8625
=	1.32

Nanchang Mineral Systems 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 )
=	106.494	/ (	(392.985	+	419.939)	/	2 )
=	106.494	/	406.462
=	0.26

Nanchang Mineral Systems Co (SZSE:001360) 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.

Nanchang Mineral Systems 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
	=	406.462	/	106.494	*	365 / 4
	=	348.28

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.

Nanchang Mineral Systems 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 )
	=	406.462	/	159.172
	=	2.55

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.

Nanchang Mineral Systems Co Inventory Turnover Related Terms

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Nanchang Mineral Systems Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Nanchang Mineral Systems Co Ltd (SZSE:001360) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 300 Hongwan Avenue, Wanli District, Jiangxi Province, Nanchang, CHN, 330004

Website

https://www.nmsystems.cn

Nanchang Mineral Systems Co Ltd is engaged in the research and development, design, production, sales and aftermarket services of crushing and screening equipment related to sand and gravel aggregates and metal mines.

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