Tianjin Pengling Group Co (SZSE:300375) Inventory Turnover : 0.85 (As of Mar. 2025)

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What is Tianjin Pengling Group 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. Tianjin Pengling Group Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥511 Mil. Tianjin Pengling Group Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥600 Mil. Tianjin Pengling Group Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tianjin Pengling Group Co's Days Inventory for the three months ended in Mar. 2025 was 107.06.

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. Tianjin Pengling Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.95.

Tianjin Pengling Group Co Inventory Turnover Historical Data

The historical data trend for Tianjin Pengling Group 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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Tianjin Pengling Group Co Inventory Turnover Chart

Tianjin Pengling Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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3.34

3.38

3.25

3.28

3.59

Tianjin Pengling Group 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															0.80	0.90	0.94	1.15	0.85

Tianjin Pengling Group Co Inventory Turnover Calculation

Tianjin Pengling Group 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 )
=	1980.605	/ (	(504.786	+	597.655)	/	2 )
=	1980.605	/	551.2205
=	3.59

Tianjin Pengling Group 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 )
=	511.189	/ (	(597.655	+	601.823)	/	2 )
=	511.189	/	599.739
=	0.85

Tianjin Pengling Group Co (SZSE:300375) 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.

Tianjin Pengling Group 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
	=	599.739	/	511.189	*	365 / 4
	=	107.06

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.

Tianjin Pengling Group 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 )
	=	599.739	/	634.242
	=	0.95

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.

Tianjin Pengling Group Co Inventory Turnover Related Terms

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Tianjin Pengling Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tianjin Pengling Group Co Ltd (SZSE:300375) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 1703 Gewan Road, Zhongtang Industrial Area, Binhai New Area, Tianjin, CHN, 300270

Website

http://www.pengling.cn

Tianjin Pengling Group Co Ltd is engaged in the design, research and development, production, and sales of automobile accessory. The products of the company include pipe series and seal series.

Executives

Gao Xian Hua	Executives
Zhang Hong Qi	Director
Wang Zhong Sheng	Supervisors
Li Jin Lou	Directors, executives
Liu Li	Supervisors
Zhang Bao Xin	Directors, executives
Liu Shi Ling	Secretary, Director
Zhang Xi Cheng	Executives
Wang Shao Guo	Supervisors

Tianjin Pengling Group Co Headlines

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