GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Dongwu Cement International Ltd (HKSE:00695) » Definitions » Inventory Turnover

Dongwu Cement International (HKSE:00695) Inventory Turnover : 0.60 (As of Dec. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Dongwu Cement International 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. Dongwu Cement International's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$123.1 Mil. Dongwu Cement International's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$205.7 Mil. Dongwu Cement International's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dongwu Cement International's Days Inventory for the six months ended in Dec. 2024 was 304.99.

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. Dongwu Cement International's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.76.


Dongwu Cement International Inventory Turnover Historical Data

The historical data trend for Dongwu Cement International'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.

Dongwu Cement International Inventory Turnover Chart

Dongwu Cement International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.94 9.23 6.59 2.44 1.16

Dongwu Cement International Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.88 3.02 1.34 0.54 0.60

Dongwu Cement International Inventory Turnover Calculation

Dongwu Cement International'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 )
=237.524 / ((211.58 + 196.531) / 2 )
=237.524 / 204.0555
=1.16

Dongwu Cement International's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=123.098 / ((214.901 + 196.531) / 2 )
=123.098 / 205.716
=0.60

* 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.


Dongwu Cement International  (HKSE:00695) 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.

Dongwu Cement International's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=205.716/123.098*365 / 2
=304.99

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.

Dongwu Cement International's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=205.716 / 116.991
=1.76

* 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.


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.


Dongwu Cement International Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Dongwu Cement International's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Dongwu Cement International Business Description

Traded in Other Exchanges
N/A
Address
Fenhu Economic Development Zone, Lili Town, Jiangsu Province, Wujiang District, Suzhou, CHN
Dongwu Cement International Ltd is principally engaged in the production and export of cement. The company operates in various segments namely Production and sale of cement, Research and development in biotechnology, Production and sale of magnetic materials and other application products and Trading business. The Revenue is generated from the Production and sale of cement.
Executives
Huang Ying Biao 2101 Beneficial owner
Huang Yingbiao 2101 Beneficial owner

Dongwu Cement International Headlines

No Headlines