Chahua Modern Housewares Co (SHSE:603615) Inventory Turnover : 0.77 (As of Mar. 2025)

View and export this data going back to 2017. Start your Free Trial

What is Chahua Modern Housewares 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. Chahua Modern Housewares Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥107.1 Mil. Chahua Modern Housewares Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥138.7 Mil. Chahua Modern Housewares Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chahua Modern Housewares Co's Days Inventory for the three months ended in Mar. 2025 was 118.16.

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. Chahua Modern Housewares Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.02.

Chahua Modern Housewares Co Inventory Turnover Historical Data

The historical data trend for Chahua Modern Housewares 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.

Chahua Modern Housewares Co Inventory Turnover Chart

Chahua Modern Housewares Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

2.78

2.79

2.66

3.05

3.18

Chahua Modern Housewares 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															0.69	0.69	0.96	1.00	0.77

Chahua Modern Housewares Co Inventory Turnover Calculation

Chahua Modern Housewares 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 )
=	446.665	/ (	(157.556	+	123.77)	/	2 )
=	446.665	/	140.663
=	3.18

Chahua Modern Housewares 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 )
=	107.118	/ (	(123.77	+	153.654)	/	2 )
=	107.118	/	138.712
=	0.77

Chahua Modern Housewares Co (SHSE:603615) 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.

Chahua Modern Housewares 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
	=	138.712	/	107.118	*	365 / 4
	=	118.16

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.

Chahua Modern Housewares 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 )
	=	138.712	/	136.055
	=	1.02

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.

Chahua Modern Housewares Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Chahua Modern Housewares Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Chahua Modern Housewares Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Chahua Modern Housewares Co Ltd (SHSE:603615) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

168 Jiaokeng Road, Gushan Town, Jin'an District, Fujian Province, Fuzhou, CHN, 350014

Website

http://www.chahuajj.com

Chahua Modern Housewares Co Ltd engages in the design, development, production, and sale of various plastic housewares in China. The firm offers kitchen products, such as lunch boxes food containers, vacuum lunch boxes, cutting boards, rice buckets, peelers, trays, fruit trays, and others; storage products, including storage boxes and drawers, shoe racks; and water bottles comprising cups, thermos, tumblers. It also provides cleaning items that include mops, cleaning pails, dustpans and brooms, brushes, cleaning rags, and others; and bathroom products consisting soap trays, bathroom racks, potty products. It also offers disposal products like fresh keeping bags, paper and plastic cups, garbage bags, hangers; and daily used items, such as basins, baskets, chairs and stools, tissue boxes.

Executives

Chen Guan Yu	Director
Chen Kui Sheng	Director
Lin Shi Fu	Director
Chen You Mei	Director
Weng Lin Yan	Director
Ye Hong Qian	Director
Lin Jie	Director
Chen Zhi Hai	Director
Tang Zhen Kun	Director
Chen Ming Sheng	Director

Chahua Modern Housewares Co Headlines

No Headlines