Jiangyin Haida Rubber and Plastic Co (SZSE:300320) Inventory Turnover : 1.18 (As of Mar. 2025)

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What is Jiangyin Haida Rubber and Plastic 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. Jiangyin Haida Rubber and Plastic Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥695 Mil. Jiangyin Haida Rubber and Plastic Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥588 Mil. Jiangyin Haida Rubber and Plastic Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jiangyin Haida Rubber and Plastic Co's Days Inventory for the three months ended in Mar. 2025 was 77.27.

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. Jiangyin Haida Rubber and Plastic Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.70.

Jiangyin Haida Rubber and Plastic Co Inventory Turnover Historical Data

The historical data trend for Jiangyin Haida Rubber and Plastic 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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Jiangyin Haida Rubber and Plastic Co Inventory Turnover Chart

Jiangyin Haida Rubber and Plastic Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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4.07

4.35

4.50

4.67

4.84

Jiangyin Haida Rubber and Plastic 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															1.12	1.30	1.44	1.38	1.18

Jiangyin Haida Rubber and Plastic Co Inventory Turnover Calculation

Jiangyin Haida Rubber and Plastic 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 )
=	2724.232	/ (	(488.168	+	637.315)	/	2 )
=	2724.232	/	562.7415
=	4.84

Jiangyin Haida Rubber and Plastic 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 )
=	694.855	/ (	(637.315	+	539.553)	/	2 )
=	694.855	/	588.434
=	1.18

Jiangyin Haida Rubber and Plastic Co (SZSE:300320) 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.

Jiangyin Haida Rubber and Plastic 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
	=	588.434	/	694.855	*	365 / 4
	=	77.27

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.

Jiangyin Haida Rubber and Plastic 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 )
	=	588.434	/	842.284
	=	0.70

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.

Jiangyin Haida Rubber and Plastic Co Inventory Turnover Related Terms

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Jiangyin Haida Rubber and Plastic Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Jiangyin Haida Rubber and Plastic Co Ltd (SZSE:300320) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No.585, Yungu Road. Zhouzhuang, Jiangyin City, Jiangsu, CHN

Website

http://www.epdmrubberseal.com

Jiangyin Haida Rubber and Plastic Co Ltd operate in the rubber and plastic seal industry. The company primarily engaged in the manufacturing and distribution of rubber and plastic parts. It offers window and door seals, automotive rubber seals, container door gasket, engineering rubber products, plastic injection parts, sealing expansion joints, tunnel segment gasket, and rail vehicle rubber parts. The products are widely applied in the industry of construction, tunnel, marine, container, vehicle, and railway.

Executives

Wang Yang	Director
Wu Tian Yi	Directors, executives
Hu Yun Xin	Directors, Directors, and Executives
Chen Min Gang	Supervisors
Gong Jian	Director
Li Guo Xing	Supervisors
Liu Gang	Independent director
Zhu Jian Juan	Executives
Qian Zhen Yu	Directors, executives
Sun Min Hua	Directors, executives
Li Guo Jian	Supervisors
Hua Ping	Executives

Jiangyin Haida Rubber and Plastic Co Headlines

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