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Risen Energy Co (SZSE:300118) Inventory Turnover : 0.86 (As of Mar. 2025)


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What is Risen Energy 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. Risen Energy Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥2,829 Mil. Risen Energy Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥3,298 Mil. Risen Energy Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Risen Energy Co's Days Inventory for the three months ended in Mar. 2025 was 106.38.

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. Risen Energy Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.10.


Risen Energy Co Inventory Turnover Historical Data

The historical data trend for Risen Energy 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.

Risen Energy Co Inventory Turnover Chart

Risen Energy Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.58 7.66 5.56 5.04 4.36

Risen Energy 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.81 0.92 0.84 1.38 0.86

Risen Energy Co Inventory Turnover Calculation

Risen Energy 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 )
=18954.225 / ((5568.316 + 3131.876) / 2 )
=18954.225 / 4350.096
=4.36

Risen Energy 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 )
=2828.779 / ((3131.876 + 3463.895) / 2 )
=2828.779 / 3297.8855
=0.86

* 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.


Risen Energy Co  (SZSE:300118) 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.

Risen Energy 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
=3297.8855/2828.779*365 / 4
=106.38

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.

Risen Energy 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 )
=3297.8855 / 2990.924
=1.10

* 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.


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.


Risen Energy Co Inventory Turnover Related Terms

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Risen Energy Co Business Description

Traded in Other Exchanges
N/A
Address
Shaojia,Xidian, Ninghai County, Ningbo City, Zhejiang Province, CHN, 315613
Risen Energy Co Ltd is a hi-tech enterprise. It is engaged in production, sales and service of solar modules, products of photovoltaic technology, solar terminal application, and integration. Risen Energy also provides human-oriented, ordered training and promotion mechanism.
Executives
Ceng Xue Ren Supervisors
Xu Yong Bing Directors, executives
Chou Cheng Feng Director
Wang Hong Executives
Xue Shan Xing Directors, executives
Yuan Jian Ping Directors, executives
Hu Ying Quan Director
Cui Hong Xing Executives
Cao Zhi Yuan Directors, executives
Lin Hai Feng Director
Zhong Bin Supervisors
Chen Man Supervisors
Chen Yao Min Supervisors

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