Kexin Development Co Shanxi (SHSE:600234) Inventory Turnover: 114.24 (As of Mar. 2026)

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SHSE:600234 Kexin Development Co Ltd Shanxi SHSE:600234
47 GF Score
Price ¥22.42
GF Value ¥17.88
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Kexin Development Co Shanxi Inventory Turnover?

Kexin Development Co Shanxi SHSE:600234 -1.06% 47 Inventory Turnover is 114.24 as of Mar. 2026. GuruFocus rates SHSE:600234 with a GF Score™ of 47/100 and a GF Value™ of ¥17.88 (Modestly Overvalued). The stock has 3 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. Kexin Development Co Shanxi's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥55.6 Mil. Kexin Development Co Shanxi's Average Total Inventories for the quarter that ended in Mar. 2026 was ¥0.5 Mil. Kexin Development Co Shanxi's Inventory Turnover for the quarter that ended in Mar. 2026 was 114.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kexin Development Co Shanxi's Days Inventory for the three months ended in Mar. 2026 was 0.80.

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. Kexin Development Co Shanxi's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.01.


Kexin Development Co Shanxi  (SHSE:600234) 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.

Kexin Development Co Shanxi's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=0.4865/55.58*365 / 4
=0.80

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.

Kexin Development Co Shanxi's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=0.4865 / 63.891
=0.01

* 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.


Kexin Development Co Shanxi Inventory Turnover Related Terms


Kexin Development Co Shanxi Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Kexin Development Co Shanxi'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.

Kexin Development Co Shanxi Inventory Turnover Chart

Kexin Development Co Shanxi 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 10,014.14 1,005.01 0.00 1,882.29 3,369.60

Kexin Development Co Shanxi Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only 74.01 120.16 1,223.34 1,451.34 114.24
SHSE:600234
47GF Score
Kexin Development Co Ltd Shanxi SHSE:600234
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Kexin Development Co Shanxi Inventory Turnover Calculation

Kexin Development Co Shanxi'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 )
=350.438 / ((0.169 + 0.039) / 2 )
=350.438 / 0.104
=3,369.60

Kexin Development Co Shanxi's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=55.58 / ((0.039 + 0.934) / 2 )
=55.58 / 0.4865
=114.24

* 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 114.24 mean?
Kexin Development Co Shanxi (SHSE:600234) has a Inventory Turnover of 114.24 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Kexin Development Co Shanxi and its competitors.
Is Kexin Development Co Shanxi's Inventory Turnover too high?
Kexin Development Co Shanxi's current Inventory Turnover is 114.24. Overall, Kexin Development Co Shanxi has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kexin Development Co Shanxi's Inventory Turnover compare to APP and OMC?
Kexin Development Co Shanxi's Inventory Turnover of 114.24 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Inventory Turnover depends on the Media - Diversified 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 Kexin Development Co Shanxi and its competitors. Kexin Development Co Shanxi's current Inventory Turnover is 114.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kexin Development Co Shanxi stock overvalued right now?
Based on GuruFocus' analysis, Kexin Development Co Shanxi (SHSE:600234) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥17.88, compared to a current price of ¥22.42 — trading 25.4% above its estimated fair value. The current Inventory Turnover is 114.24. Kexin Development Co Shanxi's overall GF Score™ is 47/100 with 3 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 Kexin Development Co Shanxi (SHSE:600234), the current Inventory Turnover is 114.24 as of Mar. 2026. 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 Kexin Development Co Shanxi (SHSE:600234) Overvalued in 2026?

Based on GuruFocus' analysis, Kexin Development Co Shanxi stock appears to be overvalued. The current stock price of ¥22.42 is trading 25.4% above its estimated GF Value™ of ¥17.88. GuruFocus considers Kexin Development Co Shanxi to be Modestly Overvalued.

Key valuation signals for SHSE:600234:

  • Inventory Turnover: 114.24
  • GF Value™: ¥17.88 vs. price of ¥22.42 (25.4% above fair value)
  • GF Score™: 47/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kexin Development Co Shanxi Business Description

Address No. 289 Yingze Street, Shanxi Province, Taiyuan, CHN, 030001
Kexin Development Co Ltd Shanxi is engaged in cultural event planning; cultural communication planning; corporate image planning; investment in theme parks and tourism cultural projects, cultural performance projects, cinema lines, book publishing publications with own funds; painting and calligraphy art creation and display.
47GF Score

Get the complete analysis for SHSE:600234

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

¥22.42
Price
¥17.88
GF Value