Shanghai Xujiahui Commercial Co (SZSE:002561) Inventory Turnover : 3.02 (As of Mar. 2024)

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What is Shanghai Xujiahui Commercial 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. Shanghai Xujiahui Commercial Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥55.2 Mil. Shanghai Xujiahui Commercial Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥18.3 Mil. Shanghai Xujiahui Commercial Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanghai Xujiahui Commercial Co's Days Inventory for the three months ended in Mar. 2024 was 30.24.

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. Shanghai Xujiahui Commercial Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.14.

Shanghai Xujiahui Commercial Co Inventory Turnover Historical Data

The historical data trend for Shanghai Xujiahui Commercial 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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Shanghai Xujiahui Commercial Co Inventory Turnover Chart

Shanghai Xujiahui Commercial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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66.64

13.24

13.58

12.57

12.76

Shanghai Xujiahui Commercial 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															3.41	2.65	3.10	3.13	3.02

Shanghai Xujiahui Commercial Co Inventory Turnover Calculation

Shanghai Xujiahui Commercial 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 )
=	227.631	/ (	(18.679	+	16.989)	/	2 )
=	227.631	/	17.834
=	12.76

Shanghai Xujiahui Commercial 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 )
=	55.194	/ (	(16.989	+	19.593)	/	2 )
=	55.194	/	18.291
=	3.02

Shanghai Xujiahui Commercial Co (SZSE:002561) 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.

Shanghai Xujiahui Commercial 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
	=	18.291	/	55.194	*	365 / 4
	=	30.24

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.

Shanghai Xujiahui Commercial 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 )
	=	18.291	/	134.636
	=	0.14

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.

Shanghai Xujiahui Commercial Co Inventory Turnover Related Terms

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Shanghai Xujiahui Commercial Co (SZSE:002561) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shanghai Xujiahui Commercial Co Ltd (SZSE:002561) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Number 1068, Zhaojiabang Road, Xuhui District, Shanghai, CHN, 1000

Website

http://www.xjh-sc.com

Shanghai Xujiahui Commercial Co Ltd is a China-based company engaged in the department stores retailing businesses. The company provides women's apparels, men's apparels and accessories, sporting goods, sports equipment, massage equipment, medicines, cosmetics, jewelry, watches and clocks, glasses, handbags, bedding, children's products, kitchen appliances and casual dining services through the retailing shopping malls.

Executives

Wang Bin	Directors, executives
Chen Hui Yuan	Securities Affairs Representative
Jin Guo Liang	Director
Dai Zheng Kun	Directors, executives
Yu Jia Liang	Supervisors
Wang Lu	Directors, executives
Tong Guang Yao	Directors, executives
Liang Zhong Qiu	Executives
Gao Yun Song	Supervisors
Shi Wan Di	Supervisors

Shanghai Xujiahui Commercial Co (SZSE:002561) Headlines

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