YGFGF (YanGuFang International Group Co) Inventory Turnover: 1.15 (As of Dec. 2022)

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What is YanGuFang International Group Co Inventory Turnover?

YanGuFang International Group Co YGFGF Inventory Turnover is 1.15 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. YanGuFang International Group Co's Cost of Goods Sold for the six months ended in Dec. 2022 was $6.25 Mil. YanGuFang International Group Co's Average Total Inventories for the quarter that ended in Dec. 2022 was $5.44 Mil. YanGuFang International Group Co's Inventory Turnover for the quarter that ended in Dec. 2022 was 1.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. YanGuFang International Group Co's Days Inventory for the six months ended in Dec. 2022 was 158.96.

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. YanGuFang International Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.23.

YanGuFang International Group Co  (OTCPK:YGFGF) 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.

YanGuFang International Group 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
=5.443/6.249*365 / 2
=158.96

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.

YanGuFang International Group 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 )
=5.443 / 23.712
=0.23

* 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.

YanGuFang International Group Co Inventory Turnover Related Terms

YanGuFang International Group Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for YanGuFang International 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.

YanGuFang International Group Co Inventory Turnover Chart

YanGuFang International Group Co Annual Data
Trend Jun20 Jun21 Jun22
Inventory Turnover
8.49 7.06 3.04

YanGuFang International Group Co Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Inventory Turnover Get a 7-Day Free Trial 3.10 3.98 1.50 0.96 1.15

YanGuFang International Group Co Inventory Turnover Calculation

YanGuFang International Group Co's Inventory Turnover for the fiscal year that ended in Jun. 2022 is calculated as

Inventory Turnover (A: Jun. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2022 ) / ((Total Inventories (A: Jun. 2021 ) + Total Inventories (A: Jun. 2022 )) / count )
=9.997 / ((1.132 + 5.443) / 2 )
=9.997 / 3.2875
=3.04

YanGuFang International Group 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 )
=6.249 / ((5.443 + 5.443) / 2 )
=6.249 / 5.443
=1.15

* 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 1.15 mean?
YanGuFang International Group Co (YGFGF) has a Inventory Turnover of 1.15 as of Dec. 2022. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on YanGuFang International Group Co and its competitors.
Is YanGuFang International Group Co's Inventory Turnover too high?
YanGuFang International Group Co's current Inventory Turnover is 1.15.
How does YanGuFang International Group Co's Inventory Turnover compare to BRID and LFVN?
YanGuFang International Group Co's Inventory Turnover of 1.15 can be compared against companies in the Consumer Packaged Goods 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 a Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods 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 YanGuFang International Group Co and its competitors. YanGuFang International Group Co's current Inventory Turnover is 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YanGuFang International Group Co stock overvalued right now?
YanGuFang International Group Co (YGFGF) has a current Inventory Turnover of 1.15. The current Inventory Turnover is 1.15. 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 YanGuFang International Group Co (YGFGF), the current Inventory Turnover is 1.15 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.

YanGuFang International Group Co Business Description

Address 33 Suhong Road, 3rd Floor, Building 3, Minhang District, Shanghai, CHN, 201100
YanGuFang International Group Co Ltd is primarily engaged in the production, research and development, and sales of oat and grain products through its direct salesforce and distribution network. Its product portfolio is broadly categorized into oat series products including oat germ groats, oatmeal, oat flour, oat bran, some of which are organic or green food series, and oat nutrient and health series products including oat peptide series, dietary fiber powder, oat biscuits, oil series, oat hand cream, and soap, and oat toothpaste.