Prinx Chengshan Holdings (HKSE:01809) Inventory Turnover: 2.82 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:01809 Prinx Chengshan Holdings Ltd HKSE:01809
96 GF Score
Price HK$7.23
GF Value HK$8.79
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Prinx Chengshan Holdings Inventory Turnover?

Prinx Chengshan Holdings HKSE:01809 +1.54% 96 Inventory Turnover is 2.82 as of Jun. 2026. GuruFocus rates HKSE:01809 with a GF Score™ of 96/100 and a GF Value™ of HK$8.79 (Modestly Undervalued). The stock has 1 warning sign investors should review.

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. Prinx Chengshan Holdings's Cost of Goods Sold for the six months ended in Jun. 2026 was HK$5,565 Mil. Prinx Chengshan Holdings's Average Total Inventories for the quarter that ended in Jun. 2026 was HK$1,971 Mil. Prinx Chengshan Holdings's Inventory Turnover for the quarter that ended in Jun. 2026 was 2.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Prinx Chengshan Holdings's Days Inventory for the six months ended in Jun. 2026 was 64.64.

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. Prinx Chengshan Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.29.


Prinx Chengshan Holdings  (HKSE:01809) 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.

Prinx Chengshan Holdings's Days Inventory for the six months ended in Jun. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=1971.073/5565.353*365 / 2
=64.64

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.

Prinx Chengshan Holdings's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=1971.073 / 6693.155
=0.29

* 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.


Prinx Chengshan Holdings Inventory Turnover Related Terms


Prinx Chengshan Holdings Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Prinx Chengshan Holdings'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.

Prinx Chengshan Holdings Inventory Turnover Chart

Prinx Chengshan Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.35 4.81 5.32 4.78 5.44

Prinx Chengshan Holdings Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 2.38 2.50 2.41 2.66 2.82
HKSE:01809
96GF Score
Prinx Chengshan Holdings Ltd HKSE:01809
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Prinx Chengshan Holdings Inventory Turnover Calculation

Prinx Chengshan Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=10681.603 / ((2074.358 + 1850.299) / 2 )
=10681.603 / 1962.3285
=5.44

Prinx Chengshan Holdings's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover (Q: Jun. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Jun. 2026 )) / count )
=5565.353 / ((1850.299 + 2091.847) / 2 )
=5565.353 / 1971.073
=2.82

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 2.82 mean?
Prinx Chengshan Holdings (HKSE:01809) has a Inventory Turnover of 2.82 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Prinx Chengshan Holdings and its competitors.
Is Prinx Chengshan Holdings' Inventory Turnover too high?
Prinx Chengshan Holdings' current Inventory Turnover is 2.82. Overall, Prinx Chengshan Holdings has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Prinx Chengshan Holdings' Inventory Turnover compare to ORLY and AZO?
Prinx Chengshan Holdings' Inventory Turnover of 2.82 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Vehicles & Parts company?
A good Inventory Turnover depends on the Vehicles & Parts industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Prinx Chengshan Holdings and its competitors. Prinx Chengshan Holdings's current Inventory Turnover is 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prinx Chengshan Holdings stock overvalued right now?
Based on GuruFocus' analysis, Prinx Chengshan Holdings (HKSE:01809) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$8.79, compared to a current price of HK$7.23 — trading 17.7% below its estimated fair value. The current Inventory Turnover is 2.82. Prinx Chengshan Holdings' overall GF Score™ is 96/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Prinx Chengshan Holdings (HKSE:01809), the current Inventory Turnover is 2.82 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Prinx Chengshan Holdings (HKSE:01809) Overvalued in 2026?

Based on GuruFocus' analysis, Prinx Chengshan Holdings stock appears to be undervalued. The current stock price of HK$7.23 is trading 17.7% below its estimated GF Value™ of HK$8.79. GuruFocus considers Prinx Chengshan Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:01809:

  • Inventory Turnover: 2.82
  • GF Value™: HK$8.79 vs. price of HK$7.23 (17.7% below fair value)
  • GF Score™: 96/100 with 1 warning sign

No single metric tells the full story. See the HKSE:01809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Prinx Chengshan Holdings Business Description

Address No. 98 Nanshan North Road, Shandong Province, Rongcheng, CHN
Prinx Chengshan Holdings Ltd is a tire manufacturer. It sells its products under the brand names Prinx, Chengshan, Austone, and Fortune. The company has two segments as follows: Mainland China and Hong Kong as one segment ("Domestic") for trading of raw material related to tire products, manufacturing and selling tire products; and Overseas regions as the other segment for manufacturing and selling tire products. It derives maximum revenue from Domestic Market.
96GF Score

Get the complete analysis for HKSE:01809

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$7.23
Price
HK$8.79
GF Value