CSG Holding Co (SZSE:000012) Inventory Turnover : 1.75 (As of Mar. 2024)

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What is CSG Holding 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. CSG Holding Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥3,106 Mil. CSG Holding Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥1,773 Mil. CSG Holding Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CSG Holding Co's Days Inventory for the three months ended in Mar. 2024 was 52.09.

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. CSG Holding Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.45.

CSG Holding Co Inventory Turnover Historical Data

The historical data trend for CSG Holding 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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CSG Holding Co Inventory Turnover Chart

CSG Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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10.96

9.15

9.32

7.65

8.38

CSG Holding 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															1.65	1.60	2.02	2.23	1.75

CSG Holding Co Inventory Turnover Calculation

CSG Holding 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 )
=	14141.072	/ (	(1783.942	+	1590.225)	/	2 )
=	14141.072	/	1687.0835
=	8.38

CSG Holding 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 )
=	3106.051	/ (	(1590.225	+	1955.891)	/	2 )
=	3106.051	/	1773.058
=	1.75

CSG Holding Co (SZSE:000012) 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.

CSG Holding 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
	=	1773.058	/	3106.051	*	365 / 4
	=	52.09

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.

CSG Holding 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 )
	=	1773.058	/	3947.22
	=	0.45

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.

CSG Holding Co Inventory Turnover Related Terms

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CSG Holding Co (SZSE:000012) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » CSG Holding Co Ltd (SZSE:000012) » Definitions » Inventory Turnover

Traded in Other Exchanges

200012:China

Address

6th Industrial Road, CSG Building, Number 1, Shekou, Shenzhen, CHN, 518067

Website

https://www.csgholding.com

CSG Holding Co Ltd produces and sells glass products. The company's operating segment includes Flat glass; Solar energy; Electronic glass and displays and others. It generates maximum revenue from the Flat glass segment. The flat glass segment is engaged in production and sales of float glass and engineering glass and the silica for the production thereof. Its glass products include Float Glass; Ultra-clear Float Glass; Solar Patterned Low Iron Glass and AR Coating Solar Glass. Geographically, it derives revenue from Mainland China.

Executives

Pan Yong Hong	Directors, executives
Yan Wen Dou	Supervisors
Li Tao	Securities Affairs Representative
Ding Jiu Ru	Executives
Wang Tian Guang	Director
Wu Guo Bin	Directors, executives
Lu Wen Hui	Executives
Ke Han Qi	Executives
Ceng Nan	Directors, executives
Luo You Ming	Executives
Zhang Fan	Executives
Zhao Xi Jun	Supervisors
Zhang Li Qing	Director

CSG Holding Co (SZSE:000012) Headlines

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