Harson Trading (China) Co (SHSE:603958) Inventory Turnover: 0.74 (As of Jun. 2026)

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SHSE:603958 Harson Trading (China) Co Ltd SHSE:603958
64 GF Score
Price ¥16.70
GF Value ¥17.92
Valuation Fairly Valued
! 4 Warning Signs
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What is Harson Trading (China) Co Inventory Turnover?

Harson Trading (China) Co SHSE:603958 +1.21% 64 Inventory Turnover is 0.74 as of Jun. 2026. GuruFocus rates SHSE:603958 with a GF Score™ of 64/100 and a GF Value™ of ¥17.92 (Fairly Valued). The stock has 4 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. Harson Trading (China) Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥269 Mil. Harson Trading (China) Co's Average Total Inventories for the quarter that ended in Jun. 2026 was ¥365 Mil. Harson Trading (China) Co's Inventory Turnover for the quarter that ended in Jun. 2026 was 0.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Harson Trading (China) Co's Days Inventory for the three months ended in Jun. 2026 was 123.89.

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. Harson Trading (China) Co's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.90.

Harson Trading (China) Co  (SHSE:603958) 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.

Harson Trading (China) Co's Days Inventory for the three months ended in Jun. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=365.20118673/268.97464181*365 / 4
=123.89

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.

Harson Trading (China) Co's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=365.20118673 / 404.63210726
=0.90

* 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.

Harson Trading (China) Co Inventory Turnover Related Terms

Harson Trading (China) Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Harson Trading (China) 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.

Harson Trading (China) Co Inventory Turnover Chart

Harson Trading (China) 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 1.18 1.12 1.12 1.13 2.50

Harson Trading (China) Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.53 0.62 0.72 0.67 0.74
SHSE:603958
64GF Score
Harson Trading (China) Co Ltd SHSE:603958
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Harson Trading (China) Co Inventory Turnover Calculation

Harson Trading (China) 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 )
=971.44057264 / ((404.15059806 + 372.25126145) / 2 )
=971.44057264 / 388.200929755
=2.50

Harson Trading (China) Co's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover (Q: Jun. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2026 ) / ((Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count )
=268.97464181 / ((363.98713094 + 366.41524252) / 2 )
=268.97464181 / 365.20118673
=0.74

* 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 0.74 mean?
Harson Trading (China) Co (SHSE:603958) has a Inventory Turnover of 0.74 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Harson Trading (China) Co and its competitors.
Is Harson Trading (China) Co's Inventory Turnover too high?
Harson Trading (China) Co's current Inventory Turnover is 0.74. Overall, Harson Trading (China) Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harson Trading (China) Co's Inventory Turnover compare to NKE and DECK?
Harson Trading (China) Co's Inventory Turnover of 0.74 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Inventory Turnover depends on the Manufacturing - Apparel & Accessories 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 Harson Trading (China) Co and its competitors. Harson Trading (China) Co's current Inventory Turnover is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harson Trading (China) Co stock overvalued right now?
Based on GuruFocus' analysis, Harson Trading (China) Co (SHSE:603958) is currently considered Fairly Valued. The stock's GF Value™ is ¥17.92, compared to a current price of ¥16.70 — trading 6.8% below its estimated fair value. The current Inventory Turnover is 0.74. Harson Trading (China) Co's overall GF Score™ is 64/100 with 4 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 Harson Trading (China) Co (SHSE:603958), the current Inventory Turnover is 0.74 as of Jun. 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 Harson Trading (China) Co (SHSE:603958) Overvalued in 2026?

Based on GuruFocus' analysis, Harson Trading (China) Co stock appears to be undervalued. The current stock price of ¥16.70 is trading 6.8% below its estimated GF Value™ of ¥17.92. GuruFocus considers Harson Trading (China) Co to be Fairly Valued.

Key valuation signals for SHSE:603958:

  • Inventory Turnover: 0.74
  • GF Value™: ¥17.92 vs. price of ¥16.70 (6.8% below fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603958 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Harson Trading (China) Co Business Description

Address No.1008,Hua'an Road, 6th Floor, Caoan Economic Development Zone, Huaqiao Tow, Kunshan, CHN, 215332
Harson Trading (China) Co Ltd is a firm engaged in the brand operation, product design, production and sales of high-end leather shoes. It produces leather shoes for men and women mainly. Its brands include Harson, Kadina, Cover, Aller-A, AS, Roberta Di Camerino, Harson business, and Pikolinos.
64GF Score

Get the complete analysis for SHSE:603958

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

¥16.70
Price
¥17.92
GF Value