Zhejiang Jingxin Pharmaceutical Co (SZSE:002020) Inventory Turnover : 0.62 (As of Mar. 2025)

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What is Zhejiang Jingxin Pharmaceutical 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. Zhejiang Jingxin Pharmaceutical Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥500 Mil. Zhejiang Jingxin Pharmaceutical Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥809 Mil. Zhejiang Jingxin Pharmaceutical Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhejiang Jingxin Pharmaceutical Co's Days Inventory for the three months ended in Mar. 2025 was 147.63.

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. Zhejiang Jingxin Pharmaceutical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.85.

Zhejiang Jingxin Pharmaceutical Co Inventory Turnover Historical Data

The historical data trend for Zhejiang Jingxin Pharmaceutical 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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Zhejiang Jingxin Pharmaceutical Co Inventory Turnover Chart

Zhejiang Jingxin Pharmaceutical Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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2.78

2.62

2.43

2.77

2.88

Zhejiang Jingxin Pharmaceutical 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															0.78	0.79	0.72	0.66	0.62

Zhejiang Jingxin Pharmaceutical Co Inventory Turnover Calculation

Zhejiang Jingxin Pharmaceutical 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 )
=	2080.349	/ (	(652.687	+	792.719)	/	2 )
=	2080.349	/	722.703
=	2.88

Zhejiang Jingxin Pharmaceutical 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 )
=	499.885	/ (	(792.719	+	824.775)	/	2 )
=	499.885	/	808.747
=	0.62

Zhejiang Jingxin Pharmaceutical Co (SZSE:002020) 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.

Zhejiang Jingxin Pharmaceutical 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
	=	808.747	/	499.885	*	365 / 4
	=	147.63

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.

Zhejiang Jingxin Pharmaceutical 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 )
	=	808.747	/	956.069
	=	0.85

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.

Zhejiang Jingxin Pharmaceutical Co Inventory Turnover Related Terms

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Zhejiang Jingxin Pharmaceutical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Zhejiang Jingxin Pharmaceutical Co Ltd (SZSE:002020) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No.800 Xinchang East Road, Yulin subdistrict, Zhejiang Province, Xinchang, CHN, 312500

Website

http://www.jingxinpharm.com

Zhejiang Jingxin Pharmaceutical Co Ltd is an integrated pharmaceuticals enterprise that focuses on manufacturing, R&D, and marketing. It offers finished dosage forms which include tablets, capsules, and injections in the areas of antilipemic, antidiabetic, cholesterolemia, luoroquinolones, cephalosporin, gastrointestinal promotion, anti-inflammatory analgesic, and antibiotics; APIs, and Chinese herbal drugs. The products are sold to overseas markets such as South-east of Asia, South Asia, Latin America and Europe.

Executives

Wang Neng Neng	Director
Chen Shao Bi	Executives
Wang Guang Qiang	Supervisors
Lv Gang	Director
Zhou Lin	Executives
Yu Yi Ping	Supervisors
Chen Mei Li	Directors, executives
Zhang Li Wa	Directors, executives
Wu Zheng Jie	Director

Zhejiang Jingxin Pharmaceutical Co Headlines

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