Xiwang Foodstuffs Co (SZSE:000639) Inventory Turnover : 1.12 (As of Mar. 2025)

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What is Xiwang Foodstuffs 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. Xiwang Foodstuffs Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥797 Mil. Xiwang Foodstuffs Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥710 Mil. Xiwang Foodstuffs Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Xiwang Foodstuffs Co's Days Inventory for the three months ended in Mar. 2025 was 81.30.

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. Xiwang Foodstuffs Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.68.

Xiwang Foodstuffs Co Inventory Turnover Historical Data

The historical data trend for Xiwang Foodstuffs 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.

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Xiwang Foodstuffs Co Inventory Turnover Chart

Xiwang Foodstuffs Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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6.65

6.19

5.19

4.51

4.63

Xiwang Foodstuffs 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															1.08	1.08	1.32	1.20	1.12

Xiwang Foodstuffs Co Inventory Turnover Calculation

Xiwang Foodstuffs 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 )
=	3785.505	/ (	(929.652	+	707.206)	/	2 )
=	3785.505	/	818.429
=	4.63

Xiwang Foodstuffs 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 )
=	797.2	/ (	(707.206	+	713.323)	/	2 )
=	797.2	/	710.2645
=	1.12

Xiwang Foodstuffs Co (SZSE:000639) 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.

Xiwang Foodstuffs 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
	=	710.2645	/	797.2	*	365 / 4
	=	81.30

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.

Xiwang Foodstuffs 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 )
	=	710.2645	/	1039.739
	=	0.68

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.

Xiwang Foodstuffs Co Inventory Turnover Related Terms

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Xiwang Foodstuffs Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Xiwang Foodstuffs Co Ltd (SZSE:000639) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 333 Changjiang North Road, Building 1, Jinde Industrial Park, Tianyuan District, Zhuzhou, Hunan, CHN, 412007

Website

http://www.xwsp.cc

Xiwang Foodstuffs Co Ltd operates in the food industry. The company manufactures corn germ oil, corn olive oil, sunflower oil, peanut oil, chile multi, and flaxseed oil.

Executives

Yin Xue Li	Supervisors
Wang Di	Director
Zhou Yong	Executives
Wu Zhen Jin	Director
Yu Xiao Lei	Independent director
Wen Zong Yu	Independent director
Li Xiang Rong	Supervisors
Yang Zi Ping	Supervisors

Xiwang Foodstuffs Co Headlines

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