SDIC Power Holdings Co (SHSE:600886) Inventory Turnover : 6.34 (As of Mar. 2024)

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What is SDIC Power Holdings 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. SDIC Power Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥8,425 Mil. SDIC Power Holdings Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥1,329 Mil. SDIC Power Holdings Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SDIC Power Holdings Co's Days Inventory for the three months ended in Mar. 2024 was 14.39.

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. SDIC Power Holdings Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.09.

SDIC Power Holdings Co Inventory Turnover Historical Data

The historical data trend for SDIC Power Holdings 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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SDIC Power Holdings Co Inventory Turnover Chart

SDIC Power Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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19.32

20.51

27.82

27.59

28.84

SDIC Power Holdings Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															6.70	6.29	6.50	7.90	6.34

SDIC Power Holdings Co Inventory Turnover Calculation

SDIC Power Holdings Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	36249.545	/ (	(1217.473	+	1296.496)	/	2 )
=	36249.545	/	1256.9845
=	28.84

SDIC Power Holdings Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	8424.804	/ (	(1296.496	+	1361.07)	/	2 )
=	8424.804	/	1328.783
=	6.34

SDIC Power Holdings Co (SHSE:600886) 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.

SDIC Power Holdings Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	1328.783	/	8424.804	*	365 / 4
	=	14.39

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.

SDIC Power Holdings Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	1328.783	/	14107.817
	=	0.09

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.

SDIC Power Holdings Co Inventory Turnover Related Terms

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SDIC Power Holdings Co (SHSE:600886) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » SDIC Power Holdings Co Ltd (SHSE:600886) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Xizhimen Nanxiao Street, Room 1108, 11th Floor, Building 147, Xicheng District, Beijing, CHN, 100034

Website

https://www.sdicpower.com

SDIC Power Holdings Co Ltd is engaged in investment and construction, management of energy projects based on electric power generation, development and operation of renewable energy projects, high technology and eco-friendly industries, development and operation of the products associated with electric power as well as consultancy. The company's business areas are Coal-fired power; Hydropower; Wind, solar and other sustainable power, and others. It generates maximum revenue from the Hydropower segment.

SDIC Power Holdings Co (SHSE:600886) Headlines

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