Shanghai XNG Holdings (HKSE:03666) Inventory Turnover : 11.59 (As of Jun. 2024)

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What is Shanghai XNG 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. Shanghai XNG Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$68.3 Mil. Shanghai XNG Holdings's Average Total Inventories for the quarter that ended in Jun. 2024 was HK$5.9 Mil. Shanghai XNG Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 11.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanghai XNG Holdings's Days Inventory for the six months ended in Jun. 2024 was 15.74.

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. Shanghai XNG Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.03.

Shanghai XNG Holdings Inventory Turnover Historical Data

The historical data trend for Shanghai XNG 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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Shanghai XNG Holdings Inventory Turnover Chart

Shanghai XNG Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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18.29

11.22

17.45

11.15

22.73

Shanghai XNG Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial															4.81	6.46	10.94	12.50	11.59

Shanghai XNG Holdings Inventory Turnover Calculation

Shanghai XNG 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 )
=	165.759	/ (	(9.011	+	5.576)	/	2 )
=	165.759	/	7.2935
=	22.73

Shanghai XNG 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 )
=	68.264	/ (	(5.576	+	6.201)	/	2 )
=	68.264	/	5.8885
=	11.59

Shanghai XNG Holdings (HKSE:03666) 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.

Shanghai XNG 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
	=	5.8885	/	68.264	*	365 / 2
	=	15.74

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.

Shanghai XNG 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 )
	=	5.8885	/	196.339
	=	0.03

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.

Shanghai XNG Holdings Inventory Turnover Related Terms

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Shanghai XNG Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Shanghai XNG Holdings Ltd (HKSE:03666) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.100 Zunyi Road, Room 1601-05, 16th Floor, Building A, Changning District, Shanghai, CHN, 200051

Website

http://www.xngholdings.com

Shanghai XNG Holdings Ltd is an investment holding principally engaged in operating restaurant chain stores in Mainland China and Hong Kong. Its brands include Shanghai Min, Maison De L'Hui, the Dining Room, Oreno, and Wolfgang Puck. It operates as one business unit based on brands and services. Geographically, the company develops its revenue from mainland China.

Executives

Gu Dorson	2101 Beneficial owner
Alpadis Group Holding Ag
Esseiva Alain
Alpadis Trust (switzerland) Ag
Teo Wei Lee	2202 Interest of your spouse
Alpadis Trust (hk) Limited
Esseiva Alain
Heer Dominik Philipp
Heer Krinya	2202 Interest of your spouse
Li Shuming	2101 Beneficial owner
Wang Huili	2101 Beneficial owner
Wang Huimin	2501 Other
Alpadis Group Holding Sa	2201 Interest of corporation controlled by you
Zhu Xiaoxia	2101 Beneficial owner
Shen Xia

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