Shede Spirits Co (SHSE:600702) Inventory Turnover: 0.08 (As of Mar. 2026)

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SHSE:600702 Shede Spirits Co Ltd SHSE:600702
79 GF Score
Price ¥33.58
GF Value ¥50.69
Valuation Possible Value Trap
! 10 Warning Signs
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What is Shede Spirits Co Inventory Turnover?

Shede Spirits Co SHSE:600702 +2.63% 79 Inventory Turnover is 0.08 as of Mar. 2026. GuruFocus rates SHSE:600702 with a GF Score™ of 79/100 and a GF Value™ of ¥50.69 (Possible Value Trap). The stock has 10 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. Shede Spirits Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥498 Mil. Shede Spirits Co's Average Total Inventories for the quarter that ended in Mar. 2026 was ¥5,941 Mil. Shede Spirits Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shede Spirits Co's Days Inventory for the three months ended in Mar. 2026 was 1,087.57.

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. Shede Spirits Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 4.01.

Shede Spirits Co  (SHSE:600702) 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.

Shede Spirits Co'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
=5941.329/498.494*365 / 4
=1,087.57

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.

Shede Spirits Co'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 )
=5941.329 / 1481.337
=4.01

* 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.

Shede Spirits Co Inventory Turnover Related Terms

Shede Spirits Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Shede Spirits 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.

Shede Spirits Co Inventory Turnover Chart

Shede Spirits Co 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 0.41 0.42 0.45 0.38 0.30

Shede Spirits Co 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 0.09 0.08 0.07 0.06 0.08
SHSE:600702
79GF Score
Shede Spirits Co Ltd SHSE:600702
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Shede Spirits Co Inventory Turnover Calculation

Shede Spirits Co'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 )
=1677.655 / ((5219.221 + 5904.476) / 2 )
=1677.655 / 5561.8485
=0.30

Shede Spirits Co'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 )
=498.494 / ((5904.476 + 5978.182) / 2 )
=498.494 / 5941.329
=0.08

* 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 0.08 mean?
Shede Spirits Co (SHSE:600702) has a Inventory Turnover of 0.08 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Shede Spirits Co and its competitors.
Is Shede Spirits Co's Inventory Turnover too high?
Shede Spirits Co's current Inventory Turnover is 0.08. Overall, Shede Spirits Co has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shede Spirits Co's Inventory Turnover compare to BF.B?
Shede Spirits Co's Inventory Turnover of 0.08 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Inventory Turnover depends on the Beverages - Alcoholic 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 Shede Spirits Co and its competitors. Shede Spirits Co's current Inventory Turnover is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shede Spirits Co stock overvalued right now?
Based on GuruFocus' analysis, Shede Spirits Co (SHSE:600702) is currently considered Possible Value Trap. The stock's GF Value™ is ¥50.69, compared to a current price of ¥33.58 — trading 33.8% below its estimated fair value. The current Inventory Turnover is 0.08. Shede Spirits Co's overall GF Score™ is 79/100 with 10 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 Shede Spirits Co (SHSE:600702), the current Inventory Turnover is 0.08 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 Shede Spirits Co (SHSE:600702) Overvalued in 2026?

Based on GuruFocus' analysis, Shede Spirits Co stock appears to be undervalued. The current stock price of ¥33.58 is trading 33.8% below its estimated GF Value™ of ¥50.69. GuruFocus considers Shede Spirits Co to be Possible Value Trap.

Key valuation signals for SHSE:600702:

  • Inventory Turnover: 0.08
  • GF Value™: ¥50.69 vs. price of ¥33.58 (33.8% below fair value)
  • GF Score™: 79/100 with 10 warning signs

No single metric tells the full story. See the SHSE:600702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shede Spirits Co Business Description

Address No. 999, Tuopai Avenue, Tuopai Town, Sichuan Province, Shehong, CHN, 629209
Shede Spirits Co Ltd manufactures liquor products. The company produces high-end liquor, low-end liquor, mid-end liquor, and other products. Shede Spirits markets its products throughout China.
79GF Score

Get the complete analysis for SHSE:600702

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

¥33.58
Price
¥50.69
GF Value