Guangxi Wuzhou Zhongheng Group Co (SHSE:600252) Inventory Turnover : 0.18 (As of Dec. 2024)

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What is Guangxi Wuzhou Zhongheng Group Co 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. Guangxi Wuzhou Zhongheng Group Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ¥143 Mil. Guangxi Wuzhou Zhongheng Group Co's Average Total Inventories for the quarter that ended in Dec. 2024 was ¥782 Mil. Guangxi Wuzhou Zhongheng Group Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Guangxi Wuzhou Zhongheng Group Co's Days Inventory for the three months ended in Dec. 2024 was 498.56.

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. Guangxi Wuzhou Zhongheng Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 2.27.

Guangxi Wuzhou Zhongheng Group Co Inventory Turnover Historical Data

The historical data trend for Guangxi Wuzhou Zhongheng Group 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.

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Guangxi Wuzhou Zhongheng Group Co Inventory Turnover Chart

Guangxi Wuzhou Zhongheng Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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1.48

1.20

1.63

1.64

Guangxi Wuzhou Zhongheng Group Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.59	0.64	0.47	0.39	0.18

Guangxi Wuzhou Zhongheng Group Co Inventory Turnover Calculation

Guangxi Wuzhou Zhongheng Group Co'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 )
=	1289.604	/ (	(776.122	+	795.097)	/	2 )
=	1289.604	/	785.6095
=	1.64

Guangxi Wuzhou Zhongheng Group Co'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: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	143.04	/ (	(767.936	+	795.097)	/	2 )
=	143.04	/	781.5165
=	0.18

Guangxi Wuzhou Zhongheng Group Co (SHSE:600252) 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.

Guangxi Wuzhou Zhongheng Group Co's Days Inventory for the three 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
	=	781.5165	/	143.04	*	365 / 4
	=	498.56

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.

Guangxi Wuzhou Zhongheng Group Co'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 )
	=	781.5165	/	343.958
	=	2.27

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.

Guangxi Wuzhou Zhongheng Group Co Inventory Turnover Related Terms

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Guangxi Wuzhou Zhongheng Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Guangxi Wuzhou Zhongheng Group Co Ltd (SHSE:600252) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 1 Industrial Avenue, Wuzhou Industrial Park, Guangxi, Wuzhou, CHN, 543002

Website

http://www.wz-zhongheng.com

Guangxi Wuzhou Zhongheng Group Co Ltd is a Chinese company engaged in the production of Chinese medicines. The company is also involved in real estate and health foods.

Executives

Ni Yi Dong	Directors, senior managers
Xiao Lin	senior management
Wang Xiang Yong	senior management
Chen Ming	senior management
Peng Wei Min	senior management
Liang Jian Sheng	Director
Yi Wan Wei	senior management
Zhong Min	senior management
Cai Sheng Lin	Supervisors
Jiang Cheng Hou	Director
Li Han Nan	Supervisors
Liu Wei Xiang	Director
Xie Wei Xiang	senior management
Li Jian Guo	senior management
Zhao Xue Wei	Director

Guangxi Wuzhou Zhongheng Group Co Headlines

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