Nanjing COSMOS Chemical Co (SZSE:300856) Inventory Turnover : 0.42 (As of Mar. 2025)

View and export this data going back to 2020. Start your Free Trial

What is Nanjing COSMOS Chemical 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. Nanjing COSMOS Chemical Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥262 Mil. Nanjing COSMOS Chemical Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥626 Mil. Nanjing COSMOS Chemical Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nanjing COSMOS Chemical Co's Days Inventory for the three months ended in Mar. 2025 was 218.29.

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. Nanjing COSMOS Chemical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.58.

Nanjing COSMOS Chemical Co Inventory Turnover Historical Data

The historical data trend for Nanjing COSMOS Chemical 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.

Nanjing COSMOS Chemical Co Inventory Turnover Chart

Nanjing COSMOS Chemical Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

2.54

2.72

2.83

2.79

2.40

Nanjing COSMOS Chemical 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															0.88	0.84	0.63	0.46	0.42

Nanjing COSMOS Chemical Co Inventory Turnover Calculation

Nanjing COSMOS Chemical 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 )
=	1265.551	/ (	(425.266	+	629.221)	/	2 )
=	1265.551	/	527.2435
=	2.40

Nanjing COSMOS Chemical 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 )
=	261.58	/ (	(629.221	+	622.272)	/	2 )
=	261.58	/	625.7465
=	0.42

Nanjing COSMOS Chemical Co (SZSE:300856) 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.

Nanjing COSMOS Chemical 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
	=	625.7465	/	261.58	*	365 / 4
	=	218.29

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.

Nanjing COSMOS Chemical 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 )
	=	625.7465	/	396.565
	=	1.58

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.

Nanjing COSMOS Chemical Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Nanjing COSMOS Chemical Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Nanjing COSMOS Chemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nanjing COSMOS Chemical Co Ltd (SZSE:300856) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

19 Suyuan Avenue, Jiangning Economic and Technological Development Zone, Nanjing, CHN

Website

http://www.cosmoschem.com

Nanjing COSMOS Chemical Co Ltd is engaged in the research & development, production, and sales of daily chemical raw materials. The company's products include cosmetic active ingredients and their raw materials, synthetic perfumes, among others. Its product categories include Personal care products; Aromatic raw materials; and Other raw materials and intermediates.

Nanjing COSMOS Chemical Co Headlines

No Headlines