Zhuhai Huafa Properties Co (SHSE:600325) Inventory Turnover : 0.02 (As of Mar. 2024)

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What is Zhuhai Huafa Properties 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. Zhuhai Huafa Properties Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥5,944 Mil. Zhuhai Huafa Properties Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥277,183 Mil. Zhuhai Huafa Properties Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhuhai Huafa Properties Co's Days Inventory for the three months ended in Mar. 2024 was 4,255.56.

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. Zhuhai Huafa Properties Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 39.60.

Zhuhai Huafa Properties Co Inventory Turnover Historical Data

The historical data trend for Zhuhai Huafa Properties 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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Zhuhai Huafa Properties Co Inventory Turnover Chart

Zhuhai Huafa Properties Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.16

0.21

0.18

0.21

0.23

Zhuhai Huafa Properties Co 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															0.04	0.06	0.05	0.07	0.02

Zhuhai Huafa Properties Co Inventory Turnover Calculation

Zhuhai Huafa Properties 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 )
=	59060.714	/ (	(243553.119	+	275031.708)	/	2 )
=	59060.714	/	259292.4135
=	0.23

Zhuhai Huafa Properties 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 )
=	5943.505	/ (	(275031.708	+	279334.154)	/	2 )
=	5943.505	/	277182.931
=	0.02

Zhuhai Huafa Properties Co (SHSE:600325) 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.

Zhuhai Huafa Properties 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
	=	277182.931	/	5943.505	*	365 / 4
	=	4,255.56

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.

Zhuhai Huafa Properties 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 )
	=	277182.931	/	7000.111
	=	39.60

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.

Zhuhai Huafa Properties Co Inventory Turnover Related Terms

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Zhuhai Huafa Properties Co (SHSE:600325) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhuhai Huafa Properties Co Ltd (SHSE:600325) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 155 Changsheng Road, Zhuhai, CHN, 519030

Website

http://www.cnhuafas.com

Zhuhai Huafa Properties Co Ltd is engaged in Real estate development and sales.

Executives

Zhang Yan	senior management
Hou Gui Ming	senior management
Chen Yin	Director
Zhang Chi	senior management
Guo Ling Yong	senior management
Li Guang Ning	Director
Liu Ke	Director
Yu Wei Guo	Director
Liu Ya Fei	Director
He Yu Bing	senior management
Yu Shu Ling	senior management
Ge Zhi Hong	Supervisors
Tang Jian Jun	senior management
Yang Jing	senior management
Feng Yong Ping	Supervisors

Zhuhai Huafa Properties Co (SHSE:600325) Headlines

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