Anshan Hifichem Co (SZSE:300758) Inventory Turnover : 0.60 (As of Mar. 2025)

View and export this data going back to 2019. Start your Free Trial

What is Anshan Hifichem 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. Anshan Hifichem Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥245 Mil. Anshan Hifichem Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥406 Mil. Anshan Hifichem Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Anshan Hifichem Co's Days Inventory for the three months ended in Mar. 2025 was 150.99.

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. Anshan Hifichem Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.11.

Anshan Hifichem Co Inventory Turnover Historical Data

The historical data trend for Anshan Hifichem 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.

Anshan Hifichem Co Inventory Turnover Chart

Anshan Hifichem Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

3.40

3.28

2.50

2.51

2.87

Anshan Hifichem 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															0.66	0.79	0.77	0.66	0.60

Anshan Hifichem Co Inventory Turnover Calculation

Anshan Hifichem 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 )
=	1036.695	/ (	(337.462	+	384.822)	/	2 )
=	1036.695	/	361.142
=	2.87

Anshan Hifichem 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 )
=	245.128	/ (	(384.822	+	426.397)	/	2 )
=	245.128	/	405.6095
=	0.60

Anshan Hifichem Co (SZSE:300758) 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.

Anshan Hifichem 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
	=	405.6095	/	245.128	*	365 / 4
	=	150.99

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.

Anshan Hifichem 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 )
	=	405.6095	/	364.915
	=	1.11

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.

Anshan Hifichem Co Inventory Turnover Related Terms

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

Anshan Hifichem Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Anshan Hifichem Co Ltd (SZSE:300758) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, 1st Bao An Road, Tengjiao Economic Development Zone, Liaoning Province, Anshan, CHN, 114225

Website

http://www.hifichem.com

Anshan Hifichem Co Ltd is engaged in manufacturing, and sales of high performance organic pigments, dyestuff and intermediates. The company offer its products to ink, coating, and plastic industries.

Executives

Qiao Zhi	Executives
Yu Xing Chun	Directors, executives
Zhang Zhi Qun	Director
Wang Su Kun	Supervisors
Liu Zhi Dong	Supervisors
Li Dong Bo	Supervisors
Sun Liang	Securities Affairs Representative

Anshan Hifichem Co Headlines

No Headlines