Greatwall Ent (TPE:1210) Inventory Turnover : 1.95 (As of Mar. 2024)

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What is Greatwall Ent 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. Greatwall Ent's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$21,654 Mil. Greatwall Ent's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$11,125 Mil. Greatwall Ent's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Greatwall Ent's Days Inventory for the three months ended in Mar. 2024 was 46.88.

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. Greatwall Ent's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.44.

Greatwall Ent Inventory Turnover Historical Data

The historical data trend for Greatwall Ent'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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Greatwall Ent Inventory Turnover Chart

Greatwall Ent Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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7.66

7.17

9.14

8.82

7.82

Greatwall Ent 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															1.94	2.12	2.11	2.05	1.95

Greatwall Ent Inventory Turnover Calculation

Greatwall Ent'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 )
=	96148.202	/ (	(13135.272	+	11451.666)	/	2 )
=	96148.202	/	12293.469
=	7.82

Greatwall Ent'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 )
=	21653.587	/ (	(11451.666	+	10798.399)	/	2 )
=	21653.587	/	11125.0325
=	1.95

Greatwall Ent (TPE:1210) 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.

Greatwall Ent'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
	=	11125.0325	/	21653.587	*	365 / 4
	=	46.88

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.

Greatwall Ent'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 )
	=	11125.0325	/	25249.608
	=	0.44

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.

Greatwall Ent Inventory Turnover Related Terms

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Greatwall Ent (TPE:1210) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Greatwall Ent (TPE:1210) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Niao-Song 2nd street, Yongkang District, Tainan, TWN, 71042

Website

https://www.dachan.com

Greatwall Ent focuses on food, restaurant, and livestock businesses in China. The company's segment includes Grain; Meat; Food; Catering and shopping malls; Southeast Asia; East Asia and others. It generates maximum revenue from the Grain segment. Grain Segment includes vertically integrated production and sales of feed, flour, fermented soybean meal, pork, and laying hens.

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