Suzhou Industrial Park Heshun Electric Co (SZSE:300141) Inventory Turnover : 1.45 (As of Mar. 2025)

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What is Suzhou Industrial Park Heshun Electric 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. Suzhou Industrial Park Heshun Electric Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥40.3 Mil. Suzhou Industrial Park Heshun Electric Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥27.8 Mil. Suzhou Industrial Park Heshun Electric Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Suzhou Industrial Park Heshun Electric Co's Days Inventory for the three months ended in Mar. 2025 was 62.85.

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. Suzhou Industrial Park Heshun Electric Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.54.

Suzhou Industrial Park Heshun Electric Co Inventory Turnover Historical Data

The historical data trend for Suzhou Industrial Park Heshun Electric 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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Suzhou Industrial Park Heshun Electric Co Inventory Turnover Chart

Suzhou Industrial Park Heshun Electric Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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2.45

4.56

4.86

5.14

9.29

Suzhou Industrial Park Heshun Electric 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															1.03	1.84	1.23	3.12	1.45

Suzhou Industrial Park Heshun Electric Co Inventory Turnover Calculation

Suzhou Industrial Park Heshun Electric 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 )
=	345.569	/ (	(50.075	+	24.286)	/	2 )
=	345.569	/	37.1805
=	9.29

Suzhou Industrial Park Heshun Electric 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 )
=	40.349	/ (	(24.286	+	31.298)	/	2 )
=	40.349	/	27.792
=	1.45

Suzhou Industrial Park Heshun Electric Co (SZSE:300141) 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.

Suzhou Industrial Park Heshun Electric 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
	=	27.792	/	40.349	*	365 / 4
	=	62.85

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.

Suzhou Industrial Park Heshun Electric 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 )
	=	27.792	/	51.186
	=	0.54

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.

Suzhou Industrial Park Heshun Electric Co Inventory Turnover Related Terms

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Suzhou Industrial Park Heshun Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suzhou Industrial Park Heshun Electric Co Ltd (SZSE:300141) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 8 Heshun Road, Suzhou Industrial Park, Jiangsu, Suzhou, CHN, 215122

Website

http://www.cnheshun.com

Suzhou Industrial Park Heshun Electric Co Ltd is engaged in the manufacturing and sale of electrical equipments. The products of the company include high and low voltage equipment, high voltage capacitor, charging pile, power quality equipment, EPC engineering, and software platform.

Executives

Li Liang Ren	Executives
Xu Shu Jie	Directors, executives
Yao Jian Hua	Director
Qin Yong	Executives
Ren Yun Ya	Executives
Xiao Min	Director
Chu Cheng	Secretary Dong
Wu Yong De	Directors, executives
Xu Xiao Ming	Securities Affairs Representative
Wu Xiang Xing	Supervisors
Tang Yu Ming	Executives
Chen Xiang Shu	Executives
Du Jun	Directors, executives

Suzhou Industrial Park Heshun Electric Co Headlines

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