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SSAW Hotels & Resorts Group Co (SZSE:301073) Inventory Turnover : 15.00 (As of Mar. 2024)


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What is SSAW Hotels & Resorts 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. SSAW Hotels & Resorts Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥111.9 Mil. SSAW Hotels & Resorts Group Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥7.5 Mil. SSAW Hotels & Resorts Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 15.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SSAW Hotels & Resorts Group Co's Days Inventory for the three months ended in Mar. 2024 was 6.09.

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. SSAW Hotels & Resorts Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.05.


SSAW Hotels & Resorts Group Co Inventory Turnover Historical Data

The historical data trend for SSAW Hotels & Resorts 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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SSAW Hotels & Resorts Group Co Inventory Turnover Chart

SSAW Hotels & Resorts Group Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 285.09 228.87 208.30 240.10 85.05

SSAW Hotels & Resorts Group Co Quarterly Data
Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.50 46.91 19.47 13.17 15.00

SSAW Hotels & Resorts Group Co Inventory Turnover Calculation

SSAW Hotels & Resorts Group 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 )
=321.789 / ((0.895 + 6.672) / 2 )
=321.789 / 3.7835
=85.05

SSAW Hotels & Resorts Group 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 )
=111.883 / ((6.672 + 8.25) / 2 )
=111.883 / 7.461
=15.00

* 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.


SSAW Hotels & Resorts Group Co  (SZSE:301073) 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.

SSAW Hotels & Resorts Group 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
=7.461/111.883*365 / 4
=6.09

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.

SSAW Hotels & Resorts Group 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 )
=7.461 / 160.119
=0.05

* 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.


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.


SSAW Hotels & Resorts Group Co Inventory Turnover Related Terms

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SSAW Hotels & Resorts Group Co (SZSE:301073) Business Description

Traded in Other Exchanges
N/A
Address
No. 29, Xueyuan Road, Xihu District, Zhejiang Province, Hangzhou City, CHN, 310013
SSAW Hotels & Resorts Group Co Ltd is engaged in the operation and management of mid-to-high-end selected service chain hotels.

SSAW Hotels & Resorts Group Co (SZSE:301073) Headlines

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