Chiho Environmental Group (STU:T4N) Inventory Turnover: 5.11 (As of Jun. 2024)

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STU:T4N Chiho Environmental Group Ltd STU:T4N
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What is Chiho Environmental Group Inventory Turnover?

Chiho Environmental Group STU:T4N 4 Inventory Turnover is 5.11 as of Jun. 2024. GuruFocus rates STU:T4N with a GF Score™ of 4/100.

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. Chiho Environmental Group's Cost of Goods Sold for the six months ended in Jun. 2024 was €989 Mil. Chiho Environmental Group's Average Total Inventories for the quarter that ended in Jun. 2024 was €194 Mil. Chiho Environmental Group's Inventory Turnover for the quarter that ended in Jun. 2024 was 5.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chiho Environmental Group's Days Inventory for the six months ended in Jun. 2024 was 35.74.

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. Chiho Environmental Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.18.

Chiho Environmental Group  (STU:T4N) 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.

Chiho Environmental Group's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=193.724/989.105*365 / 2
=35.74

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.

Chiho Environmental Group's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=193.724 / 1053.041
=0.18

* 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.

Chiho Environmental Group Inventory Turnover Related Terms

Chiho Environmental Group Inventory Turnover Historical Data

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The historical data trend for Chiho Environmental Group'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.

Chiho Environmental Group Inventory Turnover Chart

Chiho Environmental Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.16 8.88 15.08 13.16 10.03

Chiho Environmental Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 7.64 5.26 5.87 4.53 5.11
STU:T4N
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Chiho Environmental Group Ltd STU:T4N
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Chiho Environmental Group Inventory Turnover Calculation

Chiho Environmental Group's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=1813.112 / ((160.502 + 201.041) / 2 )
=1813.112 / 180.7715
=10.03

Chiho Environmental Group's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover (Q: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count )
=989.105 / ((201.041 + 186.407) / 2 )
=989.105 / 193.724
=5.11

* 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 5.11 mean?
Chiho Environmental Group (STU:T4N) has a Inventory Turnover of 5.11 as of Jun. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Chiho Environmental Group and its competitors.
Is Chiho Environmental Group's Inventory Turnover too high?
Chiho Environmental Group's current Inventory Turnover is 5.11. Overall, Chiho Environmental Group has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Chiho Environmental Group's Inventory Turnover compare to CRS and ATI?
Chiho Environmental Group's Inventory Turnover of 5.11 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Inventory Turnover depends on the Industrial Products 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 Chiho Environmental Group and its competitors. Chiho Environmental Group's current Inventory Turnover is 5.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chiho Environmental Group stock overvalued right now?
Chiho Environmental Group (STU:T4N) has a current Inventory Turnover of 5.11. The current Inventory Turnover is 5.11. Chiho Environmental Group's overall GF Score™ is 4/100. 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 Chiho Environmental Group (STU:T4N), the current Inventory Turnover is 5.11 as of Jun. 2024. 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.

Chiho Environmental Group Business Description

Address 199 Des Voeux Road Central, Suite 1001, 10th Floor, Infinitus Plaza, Sheung Wan, Hong Kong, HKG
Chiho Environmental Group Ltd is engaged in the principal business of resources recycling, involving recycling of mixed metal, end-of-life vehicle (ELV), waste electrical and electronic equipment (WEEE), wasted oil and Zorba in Asia, Europe and North America. The company, Geographically operates in Asia, Europe and North America, out of which majority of revenue is derived Europe.
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