Crystal Clear Electronic Material Co (SZSE:300655) Inventory Turnover : 1.78 (As of Mar. 2025)

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What is Crystal Clear Electronic Material 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. Crystal Clear Electronic Material Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥285 Mil. Crystal Clear Electronic Material Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥160 Mil. Crystal Clear Electronic Material Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Crystal Clear Electronic Material Co's Days Inventory for the three months ended in Mar. 2025 was 51.27.

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. Crystal Clear Electronic Material Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.43.

Crystal Clear Electronic Material Co Inventory Turnover Historical Data

The historical data trend for Crystal Clear Electronic Material 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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Crystal Clear Electronic Material Co Inventory Turnover Chart

Crystal Clear Electronic Material Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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8.08

12.65

11.95

7.81

7.32

Crystal Clear Electronic Material 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															1.62	2.09	2.05	2.08	1.78

Crystal Clear Electronic Material Co Inventory Turnover Calculation

Crystal Clear Electronic Material 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 )
=	1159.194	/ (	(162.417	+	154.128)	/	2 )
=	1159.194	/	158.2725
=	7.32

Crystal Clear Electronic Material 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 )
=	284.687	/ (	(154.128	+	165.768)	/	2 )
=	284.687	/	159.948
=	1.78

Crystal Clear Electronic Material Co (SZSE:300655) 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.

Crystal Clear Electronic Material 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
	=	159.948	/	284.687	*	365 / 4
	=	51.27

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.

Crystal Clear Electronic Material 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 )
	=	159.948	/	369.946
	=	0.43

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.

Crystal Clear Electronic Material Co Inventory Turnover Related Terms

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Crystal Clear Electronic Material Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Crystal Clear Electronic Material Co Ltd (SZSE:300655) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.168, Shanfeng Road, Wuzhong Economic Development Zone, Suzhou, CHN, 215168

Website

http://www.jingrui-chem.com.cn

Crystal Clear Electronic Material Co Ltd produces and sells ultra-purifying materials and other fine chemical products for the microelectronics industry. Its main products include ultra-clean high-purity reagents, photoresist materials, functional materials and lithium battery adhesives, among others. Its products are mainly used in the manufacturing of semiconductors, photovoltaic solar cells, light-emitting diodes (LEDs), and lithium batteries.

Executives

Li Hu Lin	Director
Hu Jian Kang	Directors, executives
Xue Li Xin	Directors, executives
Chang Yan Wu	Executives
Chang Lei	Supervisors
Su Gang	Director
Wu Tian Shu	Director
Li Qing	Director
Xu Cheng Zhong	Supervisors
Xu Ning	Director
Cheng Huan Yu	Directors, executives

Crystal Clear Electronic Material Co Headlines

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