CATL: Stable Inventory Turnover Days in Recent Quarters, No Signs of Sluggish Sales
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Author:小编   

CATL responded that the sequential increase in inventory during the third quarter was due to the expansion of business scale. Inventory turnover days have remained stable in recent quarters, with no issues of sluggish sales or shipments, indicating normal turnover. The growth in inventory primarily consists of goods in transit, which will be converted into revenue in the future. Additionally, the company's energy storage business now features a more diversified product mix, leading to longer delivery and revenue recognition cycles.