Shanxi Huhua Group Co (SZSE:003002) Inventory Turnover : 1.06 (As of Mar. 2025)

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What is Shanxi Huhua Group 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. Shanxi Huhua Group Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥129 Mil. Shanxi Huhua Group Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥121 Mil. Shanxi Huhua Group Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanxi Huhua Group Co's Days Inventory for the three months ended in Mar. 2025 was 85.95.

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. Shanxi Huhua Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.54.

Shanxi Huhua Group Co Inventory Turnover Historical Data

The historical data trend for Shanxi Huhua Group 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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Shanxi Huhua Group Co Inventory Turnover Chart

Shanxi Huhua Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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7.27

7.63

5.21

5.44

4.95

Shanxi Huhua Group 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															0.77	1.24	1.49	1.51	1.06

Shanxi Huhua Group Co Inventory Turnover Calculation

Shanxi Huhua Group 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 )
=	647.297	/ (	(139.491	+	121.828)	/	2 )
=	647.297	/	130.6595
=	4.95

Shanxi Huhua Group 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 )
=	128.943	/ (	(121.828	+	121.093)	/	2 )
=	128.943	/	121.4605
=	1.06

Shanxi Huhua Group Co (SZSE:003002) 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.

Shanxi Huhua Group 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
	=	121.4605	/	128.943	*	365 / 4
	=	85.95

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.

Shanxi Huhua Group 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 )
	=	121.4605	/	222.921
	=	0.54

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.

Shanxi Huhua Group Co Inventory Turnover Related Terms

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Shanxi Huhua Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shanxi Huhua Group Co Ltd (SZSE:003002) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Huagong Road, Shanxi Province, Changzhi, CHN, 047300

Website

http://www.shanxihuhua.com

Shanxi Huhua Group Co Ltd is engaged in production and sales of various civil explosives and provides customers with specific engineering blasting solutions and blasting services. The company produces industrial detonators and explosive series products widely used in mining, water conservancy and hydropower, transportation construction, geological exploration and other fields.

Executives

Qin Dong	Director
Zhao Bin Fang	Director
Guo Ping Ze	Directors, executives
Duan Lin Qing	Supervisors
Zhang Hong	Directors, executives
Zhang Zhi Bing	Directors, executives
Pang Jian Jun	Director
Yang Xiao Lin	Supervisors
Guo Min	Directors, executives

Shanxi Huhua Group Co Headlines

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