Hwange Colliery Co (XZIM:HCCL.ZW) Inventory Turnover: 5.96 (As of Dec. 2022)

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What is Hwange Colliery Co Inventory Turnover?

Hwange Colliery Co XZIM:HCCL.ZW Inventory Turnover is 5.96 as of Dec. 2022.

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. Hwange Colliery Co's Cost of Goods Sold for the six months ended in Dec. 2022 was ZWL42,629 Mil. Hwange Colliery Co's Average Total Inventories for the quarter that ended in Dec. 2022 was ZWL7,153 Mil. Hwange Colliery Co's Inventory Turnover for the quarter that ended in Dec. 2022 was 5.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hwange Colliery Co's Days Inventory for the six months ended in Dec. 2022 was 30.62.

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. Hwange Colliery Co's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.12.

Hwange Colliery Co  (XZIM:HCCL.ZW) 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.

Hwange Colliery Co's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2022 )/Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=7152.657/42628.92*365 / 2
=30.62

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.

Hwange Colliery Co's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=7152.657 / 61245.88
=0.12

* 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.

Hwange Colliery Co Inventory Turnover Related Terms

Hwange Colliery Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Hwange Colliery 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.

Hwange Colliery Co Inventory Turnover Chart

Hwange Colliery Co Annual Data
Trend Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory Turnover
Get a 7-Day Free Trial 0.02 3.11 6.01 19.34 9.01

Hwange Colliery Co Semi-Annual Data
Dec11 Jun12 Dec12 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.83 5.90 16.20 4.70 5.96

Hwange Colliery Co Inventory Turnover Calculation

Hwange Colliery Co's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Inventory Turnover (A: Dec. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2022 ) / ((Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count )
=54572.469 / ((1441.31 + 10665.919) / 2 )
=54572.469 / 6053.6145
=9.01

Hwange Colliery Co's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover (Q: Dec. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2022 ) / ((Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Dec. 2022 )) / count )
=42628.92 / ((3639.395 + 10665.919) / 2 )
=42628.92 / 7152.657
=5.96

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 5.96 mean?
Hwange Colliery Co (XZIM:HCCL.ZW) has a Inventory Turnover of 5.96 as of Dec. 2022. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hwange Colliery Co and its competitors.
Is Hwange Colliery Co's Inventory Turnover too high?
Hwange Colliery Co's current Inventory Turnover is 5.96.
How does Hwange Colliery Co's Inventory Turnover compare to competitors?
Hwange Colliery Co's Inventory Turnover of 5.96 can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for an Other Energy Sources company?
A good Inventory Turnover depends on the Other Energy Sources industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hwange Colliery Co and its competitors. Hwange Colliery Co's current Inventory Turnover is 5.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwange Colliery Co stock overvalued right now?
Hwange Colliery Co (XZIM:HCCL.ZW) has a current Inventory Turnover of 5.96. The current Inventory Turnover is 5.96. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Hwange Colliery Co (XZIM:HCCL.ZW), the current Inventory Turnover is 5.96 as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hwange Colliery Co Business Description

Address Coronation Dr, Hwange, ZWE
Hwange Colliery Co Ltd is engaged in the extraction, processing, and distribution of coal and coal products, and the provision of health services and various retail goods and services. Its activities are categorised into the following three segments: Mining - the extraction, processing, and distribution of coal and coal products; Medical services - provide healthcare to staff members and the surrounding community; Estates - the division provides properties for rental and sells retail goods and services. The group generates the majority of its revenue from the Mining segment.