Wuhan Youji Holdings (HKSE:02881) Inventory Turnover : 5.00 (As of Dec. 2024)

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What is Wuhan Youji 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. Wuhan Youji Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$1,520 Mil. Wuhan Youji Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$304 Mil. Wuhan Youji Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 5.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wuhan Youji Holdings's Days Inventory for the six months ended in Dec. 2024 was 36.53.

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. Wuhan Youji Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.17.

Wuhan Youji Holdings Inventory Turnover Historical Data

The historical data trend for Wuhan Youji 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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Wuhan Youji Holdings Inventory Turnover Chart

Wuhan Youji Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

7.04

7.43

7.66

9.88

Wuhan Youji Holdings Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial			-	3.29	4.45	5.18	5.00

Wuhan Youji Holdings Inventory Turnover Calculation

Wuhan Youji Holdings'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 )
=	3083.365	/ (	(312.091	+	312.191)	/	2 )
=	3083.365	/	312.141
=	9.88

Wuhan Youji Holdings'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 )
=	1519.779	/ (	(296.229	+	312.191)	/	2 )
=	1519.779	/	304.21
=	5.00

Wuhan Youji Holdings (HKSE:02881) 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.

Wuhan Youji Holdings'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
	=	304.21	/	1519.779	*	365 / 2
	=	36.53

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.

Wuhan Youji Holdings'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 )
	=	304.21	/	1743.535
	=	0.17

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.

Wuhan Youji Holdings Inventory Turnover Related Terms

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Wuhan Youji Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Wuhan Youji Holdings Ltd (HKSE:02881) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Chemical Second Road, No. 1, Wuhan Chemical Industrial Park, Qingshan District, Hubei, Wuhan, CHN

Website

http://www.chinaorganic.com

Wuhan Youji Holdings Ltd is a toluene derivative products provider in the PRC. It is focusing on the manufacture of toluene oxidation and chlorination products, benzoic acid ammonification products and other fine chemical products through organic synthesis process. Toluene derivative products are primarily used for food preservatives, household chemicals, animal feed acidifier and synthetic intermediates for agrochemical and pharmaceutical uses. It sells its products in over 70 countries.

Executives

Gao Lei	2201 Interest of corporation controlled by you
Vastocean Capital Limited	2101 Beneficial owner
Shen Yingming	2201 Interest of corporation controlled by you
Sym Holdings Limited	2101 Beneficial owner
Custodian Capital Ltd.	2306 Nominee for another person

Wuhan Youji Holdings Headlines

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