Guangdong Jingyi Metal Co (SZSE:002295) Inventory Turnover : 5.83 (As of Mar. 2025)

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What is Guangdong Jingyi Metal 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. Guangdong Jingyi Metal Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥1,046 Mil. Guangdong Jingyi Metal Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥179 Mil. Guangdong Jingyi Metal Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 5.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Guangdong Jingyi Metal Co's Days Inventory for the three months ended in Mar. 2025 was 15.64.

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. Guangdong Jingyi Metal Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.17.

Guangdong Jingyi Metal Co Inventory Turnover Historical Data

The historical data trend for Guangdong Jingyi Metal 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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Guangdong Jingyi Metal Co Inventory Turnover Chart

Guangdong Jingyi Metal Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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26.38

23.52

9.33

11.17

20.16

Guangdong Jingyi Metal 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															2.68	3.71	3.73	5.89	5.83

Guangdong Jingyi Metal Co Inventory Turnover Calculation

Guangdong Jingyi Metal 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 )
=	3627.098	/ (	(231.729	+	128.023)	/	2 )
=	3627.098	/	179.876
=	20.16

Guangdong Jingyi Metal 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 )
=	1045.801	/ (	(128.023	+	230.492)	/	2 )
=	1045.801	/	179.2575
=	5.83

Guangdong Jingyi Metal Co (SZSE:002295) 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.

Guangdong Jingyi Metal 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
	=	179.2575	/	1045.801	*	365 / 4
	=	15.64

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.

Guangdong Jingyi Metal 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 )
	=	179.2575	/	1078.735
	=	0.17

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.

Guangdong Jingyi Metal Co Inventory Turnover Related Terms

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Guangdong Jingyi Metal Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangdong Jingyi Metal Co Ltd (SZSE:002295) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Xihai Industrial Zone, Beijiao Town, Shunde District, Guangdong, Foshan, CHN, 528311

Website

http://www.jingyimetal.com

Guangdong Jingyi Metal Co Ltd is engaged in the copper processing industry which include precision copper pipe and copper pipe deep processing and supply chain service trade. The products of the company include precision copper tube parts for refrigerator, precision copper pipe parts for gas, and oxygen free copper magnetron for microwave.

Executives

Zhu Chao Rong	Supervisors
Yu Min Shan	Securities Affairs Representative
Zhang Zhou	Executives, directors
Chang Zheng	Executives
Wei Guo	Directors, executives
Zhang Jun	Director
Zhu Xu	Director
Feng Jing Ming	Director
Yang Lin Zhang	Directors, executives
He Shu Hua	Director
Li Wei Bin	Directors, executives

Guangdong Jingyi Metal Co Headlines

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