Shanying International Holdings Co (SHSE:600567) Inventory Turnover : 2.56 (As of Mar. 2025)

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What is Shanying International Holdings 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. Shanying International Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥6,098 Mil. Shanying International Holdings Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥2,381 Mil. Shanying International Holdings Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 2.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanying International Holdings Co's Days Inventory for the three months ended in Mar. 2025 was 35.63.

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. Shanying International Holdings Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.35.

Shanying International Holdings Co Inventory Turnover Historical Data

The historical data trend for Shanying International Holdings 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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Shanying International Holdings Co Inventory Turnover Chart

Shanying International Holdings Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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9.12

9.37

8.84

8.59

10.62

Shanying International Holdings Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															2.06	2.54	2.81	3.04	2.56

Shanying International Holdings Co Inventory Turnover Calculation

Shanying International Holdings 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 )
=	27080.803	/ (	(2822.572	+	2277.343)	/	2 )
=	27080.803	/	2549.9575
=	10.62

Shanying International Holdings Co's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	6097.84	/ (	(2277.343	+	2484.994)	/	2 )
=	6097.84	/	2381.1685
=	2.56

Shanying International Holdings Co (SHSE:600567) 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.

Shanying International Holdings Co's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	2381.1685	/	6097.84	*	365 / 4
	=	35.63

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.

Shanying International Holdings Co's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	2381.1685	/	6766.067
	=	0.35

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.

Shanying International Holdings Co Inventory Turnover Related Terms

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Shanying International Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Shanying International Holdings Co (SHSE:600567) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 3 Qin Jian Road, Anhui, Ma'anshan, CHN, 243021

Website

http://www.shanyingpaper.com

Shanying International Holdings Co is a China-based company engaged in the manufacture and distribution of paper products. The company's main products consist of various packaging paper boards, newsprint paper, corrugated cardboard boxes, culture paper and other paper products, which are marketed under the brand name of Shanying.

Executives

Wu Ming Wu	Director
Kong Jun	Supervisors
Chen Yin Jing	Director
Ji Ruo Yu	Supervisors
Jiang Yu Lin	senior management
Zhu Wan Su	Supervisors
Xu Yun	Director
Lian Qiao Ling	Directors, senior managers
Zhan Zheng Feng	Supervisors
Zhang Jia Sheng	Supervisors
Shi Chun Mao	senior management
Pan Jin Tang	Directors, senior managers
Sun Xiao Min	Director
Xiong Hui	senior management
Wu Xing Yu	senior management

Shanying International Holdings Co Headlines

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