Shantui Construction Machinery Co (SZSE:000680) Inventory Turnover : 1.19 (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Shantui Construction Machinery 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. Shantui Construction Machinery Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,546 Mil. Shantui Construction Machinery Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥2,132 Mil. Shantui Construction Machinery Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shantui Construction Machinery Co's Days Inventory for the three months ended in Mar. 2024 was 76.42.

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. Shantui Construction Machinery Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.69.

Shantui Construction Machinery Co Inventory Turnover Historical Data

The historical data trend for Shantui Construction Machinery 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.

Shantui Construction Machinery Co Inventory Turnover Chart

Shantui Construction Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

3.79

4.55

4.36

4.82

4.83

Shantui Construction Machinery Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.16	1.11	1.18	1.21	1.19

Shantui Construction Machinery Co Inventory Turnover Calculation

Shantui Construction Machinery Co'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 )
=	8596.834	/ (	(1390.922	+	2170.269)	/	2 )
=	8596.834	/	1780.5955
=	4.83

Shantui Construction Machinery Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	2545.737	/ (	(2170.269	+	2093.837)	/	2 )
=	2545.737	/	2132.053
=	1.19

Shantui Construction Machinery Co (SZSE:000680) 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.

Shantui Construction Machinery Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	2132.053	/	2545.737	*	365 / 4
	=	76.42

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.

Shantui Construction Machinery Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	2132.053	/	3069.085
	=	0.69

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.

Shantui Construction Machinery Co Inventory Turnover Related Terms

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

Shantui Construction Machinery Co (SZSE:000680) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Shantui Construction Machinery Co Ltd (SZSE:000680) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 58 Taibai East Road, National Highway 327, Shantui International Business Park, High-tech Zone, Shandong province, Jining, CHN, 272073

Website

http://www.shantui.com

Shantui Construction Machinery Co Ltd is a China-based company specializing in the research and development, manufacture and sale of construction machinery products and related spare parts. Its product portfolio covers earthmoving machinery, pavement and compaction machinery, concrete machinery, excavators, loaders and other host products. The company has formed industrial bases such as bulldozers, road machinery, loaders, concrete machinery and construction machinery parts.

Executives

Wu Ru Jiang	Director
Su Zi Meng	Independent director
Sun Xue Ke	Director
Xia Yu Wu	Director
Wang Xiao Ying	Supervisors
Zhang Jian	Executives
Yan Kai Rong	Executives
Li Dian He	Executives
Yin Xiang Hua	Director
Bi Yu Xin	Securities Affairs Representative
Cheng Ze Hu	Supervisors
Gao La Sheng	Executives
Zhang Xiu Wen	Directors, executives
Dong Ping	Director
Wu Yu Zhong	Executives

Shantui Construction Machinery Co (SZSE:000680) Headlines

No Headlines