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Zhongshen Jianye Holding (HKSE:02503) Inventory Turnover : 1,680.86 (As of Dec. 2024)


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What is Zhongshen Jianye Holding 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. Zhongshen Jianye Holding's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$375.7 Mil. Zhongshen Jianye Holding's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$0.2 Mil. Zhongshen Jianye Holding's Inventory Turnover for the quarter that ended in Dec. 2024 was 1,680.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhongshen Jianye Holding's Days Inventory for the six months ended in Dec. 2024 was 0.11.

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. Zhongshen Jianye Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.


Zhongshen Jianye Holding Inventory Turnover Historical Data

The historical data trend for Zhongshen Jianye Holding'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.

Zhongshen Jianye Holding Inventory Turnover Chart

Zhongshen Jianye Holding Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
8,567.39 5,152.34 3,768.20 4,291.10 2,680.39

Zhongshen Jianye Holding Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Inventory Turnover Get a 7-Day Free Trial 3,125.91 1,706.35 3,249.79 1,141.56 1,680.86

Zhongshen Jianye Holding Inventory Turnover Calculation

Zhongshen Jianye Holding'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 )
=757.209 / ((0.396 + 0.169) / 2 )
=757.209 / 0.2825
=2,680.39

Zhongshen Jianye Holding'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 )
=375.673 / ((0.278 + 0.169) / 2 )
=375.673 / 0.2235
=1,680.86

* 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.


Zhongshen Jianye Holding  (HKSE:02503) 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.

Zhongshen Jianye Holding'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
=0.2235/375.673*365 / 2
=0.11

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.

Zhongshen Jianye Holding'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 )
=0.2235 / 396.672
=0.00

* 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.


Zhongshen Jianye Holding Inventory Turnover Related Terms

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Zhongshen Jianye Holding Business Description

Traded in Other Exchanges
N/A
Address
the southeast side of the intersection of Guangming Avenue and Dongchang Road, Nos. 615–616, Block 2, Nam Tai Inno Park, Guangming, Guangdong, Shenzhen, CHN
Website
Zhongshen Jianye Holding Ltd is a growing private general contracting construction enterprise in the PRC and has been granted first-grade construction contracting qualifications, including the first-grade qualification in building construction general contracting; the first-grade qualification in municipal and public construction general construction; the first-grade qualification in foundation construction specialized contracting; the first-grade qualification in building electrical & mechanical installation and engineering specialized contracting; and the first-grade qualification in building renovation and decoration construction specialized contracting. It has strategically focused and placed efforts on municipal and public construction works in Guangdong.
Executives
Sang Xianfeng 2201 Interest of corporation controlled by you
Zhong Shen Heng Tai Zi Ben You Xian Gong Si 2101 Beneficial owner
Jin Wei 2202 Interest of your spouse
Xian Yurong 2201 Interest of corporation controlled by you
Zhong Shen Chi Tai Zi Ben You Xian Gong Si 2101 Beneficial owner
Hou Ling 2201 Interest of corporation controlled by you
Wang Jing 2202 Interest of your spouse
Xin Yao Tou Zi You Xian Gong Si 2101 Beneficial owner

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