Guangdong Electric Power Development Co (SZSE:000539) Inventory Turnover : 3.82 (As of Mar. 2024)

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What is Guangdong Electric Power Development 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. Guangdong Electric Power Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥11,362 Mil. Guangdong Electric Power Development Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥2,977 Mil. Guangdong Electric Power Development Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Guangdong Electric Power Development Co's Days Inventory for the three months ended in Mar. 2024 was 23.91.

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. Guangdong Electric Power Development Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.23.

Guangdong Electric Power Development Co Inventory Turnover Historical Data

The historical data trend for Guangdong Electric Power Development 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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Guangdong Electric Power Development Co Inventory Turnover Chart

Guangdong Electric Power Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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14.84

15.22

20.00

16.58

16.90

Guangdong Electric Power Development 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															3.83	3.90	3.40	3.65	3.82

Guangdong Electric Power Development Co Inventory Turnover Calculation

Guangdong Electric Power Development 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 )
=	50970.998	/ (	(3376.868	+	2655.505)	/	2 )
=	50970.998	/	3016.1865
=	16.90

Guangdong Electric Power Development 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 )
=	11362.124	/ (	(2655.505	+	3297.965)	/	2 )
=	11362.124	/	2976.735
=	3.82

Guangdong Electric Power Development Co (SZSE:000539) 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.

Guangdong Electric Power Development 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
	=	2976.735	/	11362.124	*	365 / 4
	=	23.91

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.

Guangdong Electric Power Development 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 )
	=	2976.735	/	12789.41
	=	0.23

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.

Guangdong Electric Power Development Co Inventory Turnover Related Terms

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Guangdong Electric Power Development Co (SZSE:000539) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Guangdong Electric Power Development Co Ltd (SZSE:000539) » Definitions » Inventory Turnover

Traded in Other Exchanges

200539:China

Address

No. 2 Tianhe Road East, 33rd-36th Floor, South Tower, Yudean Plaza, Guangdong Province, Guangzhou, CHN, 510630

Website

http://www.ged.com.cn

Guangdong Electric Power Development Co Ltd is a Chinese company which is engaged in the business of investment, construction, and management of electric power projects. It is also involved in the clean energy projects like LNG power generation, wind power generation and hydropower generation. The company focuses on coal-burning power generation through the development, construction, and operation of the large-scale coal-burning power generating plants. It earns its revenue primarily from power production and sales. Most of its revenue is generated from Guangdong Province, China.

Executives

Gao Shi Qiang	Director
Yao Ji Heng	Directors, executives
Chen Chu Yang	Supervisors
Hong Rong Kun	Director
Li Xiao Qing	Executives
Deng An	Director

Guangdong Electric Power Development Co (SZSE:000539) Headlines

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