Elegant Home-tech Co (SHSE:603221) Inventory Turnover: 0.62 (As of Mar. 2026)

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SHSE:603221 Elegant Home-tech Co Ltd SHSE:603221
66 GF Score
Price ¥22.54
GF Value ¥10.00
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Elegant Home-tech Co Inventory Turnover?

Elegant Home-tech Co SHSE:603221 66 Inventory Turnover is 0.62 as of Mar. 2026. GuruFocus rates SHSE:603221 with a GF Score™ of 66/100 and a GF Value™ of ¥10.00 (Significantly Overvalued). 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. Elegant Home-tech Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥256 Mil. Elegant Home-tech Co's Average Total Inventories for the quarter that ended in Mar. 2026 was ¥416 Mil. Elegant Home-tech Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Elegant Home-tech Co's Days Inventory for the three months ended in Mar. 2026 was 148.29.

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. Elegant Home-tech Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.48.


Elegant Home-tech Co  (SHSE:603221) 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.

Elegant Home-tech 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
=416.413/256.232*365 / 4
=148.29

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.

Elegant Home-tech 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 )
=416.413 / 281.555
=1.48

* 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.


Elegant Home-tech Co Inventory Turnover Related Terms


Elegant Home-tech Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Elegant Home-tech 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.

Elegant Home-tech Co Inventory Turnover Chart

Elegant Home-tech 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 4.00 3.33 4.79 4.30 2.85

Elegant Home-tech 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 0.94 0.63 0.87 0.71 0.62
SHSE:603221
66GF Score
Elegant Home-tech Co Ltd SHSE:603221
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Elegant Home-tech Co Inventory Turnover Calculation

Elegant Home-tech 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 )
=978.778 / ((264.091 + 422.15) / 2 )
=978.778 / 343.1205
=2.85

Elegant Home-tech 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 )
=256.232 / ((422.15 + 410.676) / 2 )
=256.232 / 416.413
=0.62

* 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 0.62 mean?
Elegant Home-tech Co (SHSE:603221) has a Inventory Turnover of 0.62 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Elegant Home-tech Co and its competitors.
Is Elegant Home-tech Co's Inventory Turnover too high?
Elegant Home-tech Co's current Inventory Turnover is 0.62. Overall, Elegant Home-tech Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elegant Home-tech Co's Inventory Turnover compare to SN and SGI?
Elegant Home-tech Co's Inventory Turnover of 0.62 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Inventory Turnover depends on the Furnishings, Fixtures & Appliances 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 Elegant Home-tech Co and its competitors. Elegant Home-tech Co's current Inventory Turnover is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elegant Home-tech Co stock overvalued right now?
Based on GuruFocus' analysis, Elegant Home-tech Co (SHSE:603221) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥10.00, compared to a current price of ¥22.54 — trading 125.4% above its estimated fair value. The current Inventory Turnover is 0.62. Elegant Home-tech Co's overall GF Score™ is 66/100 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 Elegant Home-tech Co (SHSE:603221), the current Inventory Turnover is 0.62 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 Elegant Home-tech Co (SHSE:603221) Overvalued in 2026?

Based on GuruFocus' analysis, Elegant Home-tech Co stock appears to be overvalued. The current stock price of ¥22.54 is trading 125.4% above its estimated GF Value™ of ¥10.00. GuruFocus considers Elegant Home-tech Co to be Significantly Overvalued.

Key valuation signals for SHSE:603221:

  • Inventory Turnover: 0.62
  • GF Value™: ¥10.00 vs. price of ¥22.54 (125.4% above fair value)
  • GF Score™: 66/100 with 10 warning signs

No single metric tells the full story. See the SHSE:603221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elegant Home-tech Co Business Description

Address Hexing Street,Jinfeng Town, Jiangsu Province, Zhangjiagang, CHN, 215626
Elegant Home-tech Co Ltd formerly known as Zhangjiagang Elegant Home-Tech Co Ltd is a manufacturer of Vinyl Floor Tiles in China. The company has both residential and commercial collections with more than 1,000 patterns for customer characterized by the look and feel of natural wood, stone, ceramic & carpet. Its products range includes Vinyl planks in wooden designs, Vinyl planks In-registered, Vinyl tiles in stone, marble, granite designs, Vinyl tiles in Carpet design, and Anti slip & Solid color Vinyl tiles.
66GF Score

Get the complete analysis for SHSE:603221

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

¥22.54
Price
¥10.00
GF Value