Yuanda China Holdings (HKSE:02789) Inventory Turnover : 3.35 (As of Jun. 2024)

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What is Yuanda China Holdings 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. Yuanda China Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$940 Mil. Yuanda China Holdings's Average Total Inventories for the quarter that ended in Jun. 2024 was HK$280 Mil. Yuanda China Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 3.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yuanda China Holdings's Days Inventory for the six months ended in Jun. 2024 was 54.45.

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. Yuanda China Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.24.

Yuanda China Holdings Inventory Turnover Historical Data

The historical data trend for Yuanda China 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.

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Yuanda China Holdings Inventory Turnover Chart

Yuanda China Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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6.83

6.68

7.33

7.13

6.96

Yuanda China Holdings 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															5.06	2.82	3.72	3.35	3.59

Yuanda China Holdings Inventory Turnover Calculation

Yuanda China Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	2246.807	/ (	(347.148	+	283.5)	/	2 )
=	2246.807	/	315.324
=	7.13

Yuanda China Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	940.142	/ (	(283.5	+	277.494)	/	2 )
=	940.142	/	280.497
=	3.35

Yuanda China Holdings (HKSE:02789) 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.

Yuanda China Holdings's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	280.497	/	940.142	*	365 / 2
	=	54.45

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.

Yuanda China Holdings's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	280.497	/	1171.454
	=	0.24

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.

Yuanda China Holdings Inventory Turnover Related Terms

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Yuanda China Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Yuanda China Holdings Ltd (HKSE:02789) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.20, Street 13, Shenyang Economic & Technological Development Area, Shenyang, CHN, 110027

Website

https://www.yuandacn.com

Yuanda China Holdings Ltd, along with its subsidiaries, is engaged in the design, production and installation of curtain wall systems for commercial buildings and highend residential buildings. It operates in two segments namely Domestic that comprises construction contracts carried out in Chinese Mainland; and Overseas that comprises construction contracts carried out outside of Chinese Mainland.

Executives

Wang Xiaofei	2101 Beneficial owner
Kang Baohua	2201 Interest of corporation controlled by you
Neo Pioneer Limited	2101 Beneficial owner
Best Outlook Limited	2101 Beneficial owner

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