Wenfeng Great World Chain Development (SHSE:601010) Inventory Turnover : 0.82 (As of Mar. 2025)

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What is Wenfeng Great World Chain Development 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. Wenfeng Great World Chain Development's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥249 Mil. Wenfeng Great World Chain Development's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥302 Mil. Wenfeng Great World Chain Development's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wenfeng Great World Chain Development's Days Inventory for the three months ended in Mar. 2025 was 110.63.

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. Wenfeng Great World Chain Development's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.62.

Wenfeng Great World Chain Development Inventory Turnover Historical Data

The historical data trend for Wenfeng Great World Chain Development'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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Wenfeng Great World Chain Development Inventory Turnover Chart

Wenfeng Great World Chain Development Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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1.86

2.36

3.39

3.40

3.37

Wenfeng Great World Chain Development 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															0.91	0.78	0.72	0.87	0.82

Wenfeng Great World Chain Development Inventory Turnover Calculation

Wenfeng Great World Chain Development'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 )
=	996.56	/ (	(294.778	+	296.385)	/	2 )
=	996.56	/	295.5815
=	3.37

Wenfeng Great World Chain Development'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 )
=	249.09	/ (	(296.385	+	307.602)	/	2 )
=	249.09	/	301.9935
=	0.82

Wenfeng Great World Chain Development (SHSE:601010) 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.

Wenfeng Great World Chain Development'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
	=	301.9935	/	249.09	*	365 / 4
	=	110.63

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.

Wenfeng Great World Chain Development'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 )
	=	301.9935	/	484.582
	=	0.62

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.

Wenfeng Great World Chain Development Inventory Turnover Related Terms

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Wenfeng Great World Chain Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wenfeng Great World Chain Development Corp (SHSE:601010) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 1, Qingnian East Road, Nantong, CHN

Website

http://www.wfdsj.com.cn

Wenfeng Great World Chain Development Corp is a China-based company engages in the operation of department stores, supermarkets, and electrical appliance retailing stores. The company operates its stores under the Wenfeng Big World, Wenfeng Qianjiahui, Wenfeng Electrical, and Wenfeng Supermarket brands.

Executives

Xu Zhang Jiang

Director

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