Haidilao International Holding (Haidilao International Holding) Inventory Turnover : 15.59 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Haidilao International Holding 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. Haidilao International Holding's Cost of Goods Sold for the six months ended in Dec. 2023 was $2,315 Mil. Haidilao International Holding's Average Total Inventories for the quarter that ended in Dec. 2023 was $149 Mil. Haidilao International Holding's Inventory Turnover for the quarter that ended in Dec. 2023 was 15.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Haidilao International Holding's Days Inventory for the six months ended in Dec. 2023 was 11.71.

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. Haidilao International Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.

Haidilao International Holding Inventory Turnover Historical Data

The historical data trend for Haidilao International Holding'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.

* Premium members only.

Haidilao International Holding Inventory Turnover Chart

Haidilao International Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

23.10

19.31

24.18

16.92

26.73

Haidilao International Holding Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial											11.75	8.77	9.68	12.11	15.59

Haidilao International Holding Inventory Turnover Calculation

Haidilao International Holding'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 )
=	4199.61	/ (	(163.778	+	150.504)	/	2 )
=	4199.61	/	157.141
=	26.73

Haidilao International Holding's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	2315.31	/ (	(146.598	+	150.504)	/	2 )
=	2315.31	/	148.551
=	15.59

Haidilao International Holding (OTCPK:HDALF) 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.

Haidilao International Holding's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	148.551	/	2315.31	*	365 / 2
	=	11.71

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.

Haidilao International Holding's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	148.551	/	3160.625
	=	0.05

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.

Haidilao International Holding Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Haidilao International Holding's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Haidilao International Holding (Haidilao International Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Haidilao International Holding Ltd (OTCPK:HDALF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

06862:Hong Kong 8HI:Germany

Address

No. 398 Yard, Zhongdong Road, 7th Floor, No. 1 Building, Dongxiaokou Town, Changping District, Beijing, CHN, 102218

Website

https://www.haidilao.com

Haidilao International is a Chinese hot pot restaurant operator that started in Sichuan in 1998. In 2022, the restaurant chain served over 276 million customers across more than the 1,300 stores it had in Greater China. With CNY 31 billion in 2022 systemwide sales, the firm is the second-largest restaurant company in China, behind Yum China (CNY 68 billion) but ahead of Xiabuxiabu and Jiumaojiu. All of Haidilao's restaurants are company-owned, as the firm is focusing more on the quality of its restaurants than quantity.Haidilao is known for serving Sichuan-style hot pot along with exceptional service. It's still looking to expand its store footprint, but expansion opportunities are now limited to only Greater China following the spinoff of Super Hi—the operator of Haidilao stores overseas.