Forward Fashion (International) Holdings Co (HKSE:02528) Inventory Turnover: 1.10 (As of Dec. 2025)

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HKSE:02528 Forward Fashion (International) Holdings Co Ltd HKSE:02528
46 GF Score
Price HK$0.91
GF Value HK$0.24
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Forward Fashion (International) Holdings Co Inventory Turnover?

Forward Fashion (International) Holdings Co HKSE:02528 +0.56% 46 Inventory Turnover is 1.10 as of Dec. 2025. GuruFocus rates HKSE:02528 with a GF Score™ of 46/100 and a GF Value™ of HK$0.24 (Significantly Overvalued). The stock has 2 warning signs 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. Forward Fashion (International) Holdings Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$234.2 Mil. Forward Fashion (International) Holdings Co's Average Total Inventories for the quarter that ended in Dec. 2025 was HK$213.2 Mil. Forward Fashion (International) Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2025 was 1.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Forward Fashion (International) Holdings Co's Days Inventory for the six months ended in Dec. 2025 was 166.19.

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. Forward Fashion (International) Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.50.


Forward Fashion (International) Holdings Co  (HKSE:02528) 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.

Forward Fashion (International) Holdings Co's Days Inventory for the six months ended in Dec. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=213.236/234.169*365 / 2
=166.19

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.

Forward Fashion (International) Holdings Co's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=213.236 / 426.534
=0.50

* 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.


Forward Fashion (International) Holdings Co Inventory Turnover Related Terms


Forward Fashion (International) Holdings Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Forward Fashion (International) Holdings 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.

Forward Fashion (International) Holdings Co Inventory Turnover Chart

Forward Fashion (International) Holdings Co 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 2.07 1.89 1.85 1.85 1.97

Forward Fashion (International) Holdings Co Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.96 0.89 0.93 0.95 1.10
HKSE:02528
46GF Score
Forward Fashion (International) Holdings Co Ltd HKSE:02528
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Forward Fashion (International) Holdings Co Inventory Turnover Calculation

Forward Fashion (International) Holdings Co'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 )
=456.269 / ((252.048 + 210.188) / 2 )
=456.269 / 231.118
=1.97

Forward Fashion (International) Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover (Q: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2025 ) / ((Total Inventories (Q: Jun. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count )
=234.169 / ((216.284 + 210.188) / 2 )
=234.169 / 213.236
=1.10

* 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 1.10 mean?
Forward Fashion (International) Holdings Co (HKSE:02528) has a Inventory Turnover of 1.10 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Forward Fashion (International) Holdings Co and its competitors.
Is Forward Fashion (International) Holdings Co's Inventory Turnover too high?
Forward Fashion (International) Holdings Co's current Inventory Turnover is 1.10. Overall, Forward Fashion (International) Holdings Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forward Fashion (International) Holdings Co's Inventory Turnover compare to TJX and ROST?
Forward Fashion (International) Holdings Co's Inventory Turnover of 1.10 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Inventory Turnover depends on the Retail - Cyclical 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 Forward Fashion (International) Holdings Co and its competitors. Forward Fashion (International) Holdings Co's current Inventory Turnover is 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forward Fashion (International) Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Forward Fashion (International) Holdings Co (HKSE:02528) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.24, compared to a current price of HK$0.91 — trading 277.1% above its estimated fair value. The current Inventory Turnover is 1.10. Forward Fashion (International) Holdings Co's overall GF Score™ is 46/100 with 2 warning signs 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 Forward Fashion (International) Holdings Co (HKSE:02528), the current Inventory Turnover is 1.10 as of Dec. 2025. 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 Forward Fashion (International) Holdings Co (HKSE:02528) Overvalued in 2026?

Based on GuruFocus' analysis, Forward Fashion (International) Holdings Co stock appears to be overvalued. The current stock price of HK$0.91 is trading 277.1% above its estimated GF Value™ of HK$0.24. GuruFocus considers Forward Fashion (International) Holdings Co to be Significantly Overvalued.

Key valuation signals for HKSE:02528:

  • Inventory Turnover: 1.10
  • GF Value™: HK$0.24 vs. price of HK$0.91 (277.1% above fair value)
  • GF Score™: 46/100 with 2 warning signs

No single metric tells the full story. See the HKSE:02528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forward Fashion (International) Holdings Co Business Description

Address 83 King Lam Street, Unit 5, 10th Floor, Tower B, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Forward Fashion (International) Holdings Co Ltd is engaged in the retail and wholesale of fashion apparel of international brands through its multi-brand and multi-store business model in the Chinese Mainland, Macau, and Hong Kong. The group also provides store management services for fashion brands and catering services in Macau. Its portfolio includes brands such as BLACK BARRETT, Calvin Klein, EA7, Ed Hardy, Hogan, Moschino, Neil Barrett, Philipp Plein, Tommy Hilfiger, Under Armour, and others. It operates across three geographical segments: the Chinese Mainland, Macau, and Hong Kong and others, with Macau contributing the majority of the Group's revenue.
46GF Score

Get the complete analysis for HKSE:02528

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

HK$0.91
Price
HK$0.24
GF Value