Hui Lyu Ecological Technology Groups Co (SZSE:001267) Inventory Turnover : 0.37 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Hui Lyu Ecological Technology Groups 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. Hui Lyu Ecological Technology Groups Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥75.9 Mil. Hui Lyu Ecological Technology Groups Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥204.4 Mil. Hui Lyu Ecological Technology Groups Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hui Lyu Ecological Technology Groups Co's Days Inventory for the three months ended in Mar. 2024 was 245.62.

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. Hui Lyu Ecological Technology Groups Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.05.

Hui Lyu Ecological Technology Groups Co Inventory Turnover Historical Data

The historical data trend for Hui Lyu Ecological Technology Groups 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.

Hui Lyu Ecological Technology Groups Co Inventory Turnover Chart

Hui Lyu Ecological Technology Groups Co Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

1.99

6.04

4.21

2.54

2.58

Hui Lyu Ecological Technology Groups 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															0.42	0.56	0.47	1.11	0.37

Hui Lyu Ecological Technology Groups Co Inventory Turnover Calculation

Hui Lyu Ecological Technology Groups 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 )
=	512.286	/ (	(194.559	+	202.851)	/	2 )
=	512.286	/	198.705
=	2.58

Hui Lyu Ecological Technology Groups 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 )
=	75.921	/ (	(202.851	+	205.864)	/	2 )
=	75.921	/	204.3575
=	0.37

Hui Lyu Ecological Technology Groups Co (SZSE:001267) 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.

Hui Lyu Ecological Technology Groups 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
	=	204.3575	/	75.921	*	365 / 4
	=	245.62

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.

Hui Lyu Ecological Technology Groups 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 )
	=	204.3575	/	99.488
	=	2.05

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.

Hui Lyu Ecological Technology Groups Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Hui Lyu Ecological Technology Groups Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Hui Lyu Ecological Technology Groups Co (SZSE:001267) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hui Lyu Ecological Technology Groups Co Ltd (SZSE:001267) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 779-805, Zhongshan Avenue, Jianghan District, Hubei Province, Wuhan, CHN, 430060

Website

Huilv Ecological Technology Group Co Ltd is engaged in the garden engineering construction, garden landscape design and seedling planting and others.

Executives

Jin Xiao Chuan	Director
Yan Qi	Directors, Directors, and Executives
Liu Bin	Directors, executives
Li Xiao Wei	Directors, executives
Shi Lei	Director
Li Yan	Executives

Hui Lyu Ecological Technology Groups Co (SZSE:001267) Headlines

No Headlines