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Hanshang Group Co (SHSE:600774) Inventory Turnover : 0.56 (As of Mar. 2025)


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What is Hanshang 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. Hanshang Group Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥141 Mil. Hanshang Group Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥250 Mil. Hanshang Group Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hanshang Group Co's Days Inventory for the three months ended in Mar. 2025 was 161.96.

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. Hanshang Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.97.


Hanshang Group Co Inventory Turnover Historical Data

The historical data trend for Hanshang 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.

* Premium members only.

Hanshang Group Co Inventory Turnover Chart

Hanshang Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.33 3.98 2.81 2.43 2.11

Hanshang Group 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 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 0.67 0.62 0.60 0.40 0.56

Hanshang Group Co Inventory Turnover Calculation

Hanshang 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 )
=516.592 / ((232.426 + 258.344) / 2 )
=516.592 / 245.385
=2.11

Hanshang Group 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 )
=140.619 / ((258.344 + 240.833) / 2 )
=140.619 / 249.5885
=0.56

* 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.


Hanshang Group Co  (SHSE:600774) 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.

Hanshang Group 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
=249.5885/140.619*365 / 4
=161.96

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.

Hanshang Group 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 )
=249.5885 / 257.418
=0.97

* 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.


Hanshang Group Co Inventory Turnover Related Terms

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Hanshang Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 134 Hanyang Avenue, Hanyang District, Hubei Province, Wuhan, CHN, 430050
Hanshang Group Co Ltd is engaged in integrating retail, convention and exhibition, and commercial real estate industries. It owns three shopping malls: Ginza, 21st Century and Wuzhan, Wuhan Wedding Photo Material City, Xianning Hot Spring Resort, and holding Wuhan International Convention and Exhibition Center.
Executives
Zhang Zhen Tao senior management
Zhang Yan Ping senior management
Feng Fan senior management
Du Shu Wei Director
Yang Fang Directors, senior managers
Liu Jing Tao Supervisors
Xiao Ping senior management
Long Zhou senior management
Wei Ze Qing senior management
Wang Guan Nan senior management
Hu Shu Wen senior management
Zhang Xian Hua Director
Yao Xian Hua Director
Yang Han Sheng Director
Zhang Qing Director

Hanshang Group Co Headlines

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