Guangdong Xianglu Tungsten Co (SZSE:002842) Inventory Turnover : 0.61 (As of Mar. 2025)

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What is Guangdong Xianglu Tungsten 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 Xianglu Tungsten Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥437 Mil. Guangdong Xianglu Tungsten Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥710 Mil. Guangdong Xianglu Tungsten Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Guangdong Xianglu Tungsten Co's Days Inventory for the three months ended in Mar. 2025 was 148.38.

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 Xianglu Tungsten Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.48.

Guangdong Xianglu Tungsten Co Inventory Turnover Historical Data

The historical data trend for Guangdong Xianglu Tungsten 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 Xianglu Tungsten Co Inventory Turnover Chart

Guangdong Xianglu Tungsten Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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2.16

1.92

2.00

2.34

2.31

Guangdong Xianglu Tungsten 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															0.62	0.57	0.53	0.59	0.61

Guangdong Xianglu Tungsten Co Inventory Turnover Calculation

Guangdong Xianglu Tungsten 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 )
=	1648.41	/ (	(710.238	+	717.692)	/	2 )
=	1648.41	/	713.965
=	2.31

Guangdong Xianglu Tungsten 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 )
=	436.778	/ (	(717.692	+	702.747)	/	2 )
=	436.778	/	710.2195
=	0.61

Guangdong Xianglu Tungsten Co (SZSE:002842) 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 Xianglu Tungsten 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
	=	710.2195	/	436.778	*	365 / 4
	=	148.38

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 Xianglu Tungsten 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 )
	=	710.2195	/	481.062
	=	1.48

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 Xianglu Tungsten Co Inventory Turnover Related Terms

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Guangdong Xianglu Tungsten Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Guangdong Xianglu Tungsten Co Ltd (SZSE:002842) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Antou Industrial Zone, Xiangqiao District, Guantang Town, Guangdong Province, Chaozhou, CHN, 515633

Website

https://www.xl-tungsten.com

Guangdong Xianglu Tungsten Co Ltd is engaged in research and development, production and marketing of tungsten products in China. The company has a complete product system of APT, WO3, W, WC Powder and Hard Metal and one of the qualified tungsten exports and suppliers in China. It product portfolio includes Tungstates, Oxides and Acid, Tungsten/Tungsten Carbide Powder and Hardmetal/Cemented Carbide.

Executives

Chen Wei Dong	Directors, executives
Yao Ming Qin	Supervisors
Chen Wei Er	Directors, executives
Yi Jun	Directors, executives
Dai Xiang Ping	Executives

Guangdong Xianglu Tungsten Co Headlines

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