Ziel Home Furnishing Technology Co (SZSE:301376) Inventory Turnover : 1.06 (As of Mar. 2025)

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What is Ziel Home Furnishing Technology 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. Ziel Home Furnishing Technology Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥1,351 Mil. Ziel Home Furnishing Technology Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥1,278 Mil. Ziel Home Furnishing Technology 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. Ziel Home Furnishing Technology Co's Days Inventory for the three months ended in Mar. 2025 was 86.31.

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. Ziel Home Furnishing Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.61.

Ziel Home Furnishing Technology Co Inventory Turnover Historical Data

The historical data trend for Ziel Home Furnishing Technology 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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Ziel Home Furnishing Technology Co Inventory Turnover Chart

Ziel Home Furnishing Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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4.44

4.21

4.28

4.93

4.82

Ziel Home Furnishing Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial													1.18	1.06	1.00	1.18	1.06

Ziel Home Furnishing Technology Co Inventory Turnover Calculation

Ziel Home Furnishing Technology 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 )
=	5308.641	/ (	(879.473	+	1323.582)	/	2 )
=	5308.641	/	1101.5275
=	4.82

Ziel Home Furnishing Technology 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 )
=	1351.137	/ (	(1323.582	+	1232.303)	/	2 )
=	1351.137	/	1277.9425
=	1.06

Ziel Home Furnishing Technology Co (SZSE:301376) 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.

Ziel Home Furnishing Technology 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
	=	1277.9425	/	1351.137	*	365 / 4
	=	86.31

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.

Ziel Home Furnishing Technology 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 )
	=	1277.9425	/	2091.255
	=	0.61

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.

Ziel Home Furnishing Technology Co Inventory Turnover Related Terms

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Ziel Home Furnishing Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ziel Home Furnishing Technology Co Ltd (SZSE:301376) » Definitions » Inventory Turnover

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Address

No. 198-19, Songshan South Road, No. 601, 6th Floor, Dongfang Building, Erqi, Henan, Zhengzhou, CHN, 450000

Website

https://www.ziel.cn

Ziel Home Furnishing Technology Co Ltd is engaged in research and development, design and sales of home furnishing products such as self-owned brand furniture series, home furnishing series, courtyard series and pet series.

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