Nanjing Xinlian Electronics Co (SZSE:002546) Inventory Turnover : 0.70 (As of Mar. 2025)

View and export this data going back to 2011. Start your Free Trial

What is Nanjing Xinlian Electronics 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. Nanjing Xinlian Electronics Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥111.9 Mil. Nanjing Xinlian Electronics Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥159.9 Mil. Nanjing Xinlian Electronics Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nanjing Xinlian Electronics Co's Days Inventory for the three months ended in Mar. 2025 was 130.40.

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 Xinlian Electronics Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.90.

Nanjing Xinlian Electronics Co Inventory Turnover Historical Data

The historical data trend for Nanjing Xinlian Electronics 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.

* Premium members only.

Nanjing Xinlian Electronics Co Inventory Turnover Chart

Nanjing Xinlian Electronics Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

3.99

3.44

2.81

2.09

2.60

Nanjing Xinlian Electronics 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															0.51	0.55	0.54	0.68	0.70

Nanjing Xinlian Electronics Co Inventory Turnover Calculation

Nanjing Xinlian Electronics 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 )
=	492.232	/ (	(211.699	+	167.596)	/	2 )
=	492.232	/	189.6475
=	2.60

Nanjing Xinlian Electronics 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 )
=	111.878	/ (	(167.596	+	152.168)	/	2 )
=	111.878	/	159.882
=	0.70

Nanjing Xinlian Electronics Co (SZSE:002546) 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 Xinlian Electronics 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
	=	159.882	/	111.878	*	365 / 4
	=	130.40

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 Xinlian Electronics 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 )
	=	159.882	/	177.285
	=	0.90

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 Xinlian Electronics Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Nanjing Xinlian Electronics Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Nanjing Xinlian Electronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nanjing Xinlian Electronics Co Ltd (SZSE:002546) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Number 28, Jiayuan Middle Road, Jiangning Development Zone, Nanjing, CHN, 211100

Website

http://www.xldz.com

Nanjing Xinlian Electronics Co Ltd is a China-based company engaged in the research and development, manufacture, distribution, and services of software and hardware of power consuming information collection systems. It provides a series of products and solutions for the electric power industry, including main station software, 230M wireless network, terminal equipment and electric power measuring equipment. The company' s products also include electric cabinets and smart power cloud services.

Executives

Jin Fang Sheng	Director
Hu Min	Director
Zhu Zhong Ming	Secretary, Director
Chu Yun	Directors, executives
Li Ming Yuan	Director
Wang Xia	Supervisors

Nanjing Xinlian Electronics Co Headlines

No Headlines