Hansoh Pharmaceutical Group Co (STU:3KY) Inventory Turnover : 0.84 (As of Dec. 2023)

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What is Hansoh Pharmaceutical Group 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. Hansoh Pharmaceutical Group Co's Cost of Goods Sold for the six months ended in Dec. 2023 was €64 Mil. Hansoh Pharmaceutical Group Co's Average Total Inventories for the quarter that ended in Dec. 2023 was €76 Mil. Hansoh Pharmaceutical Group Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hansoh Pharmaceutical Group Co's Days Inventory for the six months ended in Dec. 2023 was 217.03.

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. Hansoh Pharmaceutical Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.11.

Hansoh Pharmaceutical Group Co Inventory Turnover Historical Data

The historical data trend for Hansoh Pharmaceutical 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.

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Hansoh Pharmaceutical Group Co Inventory Turnover Chart

Hansoh Pharmaceutical Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.64

2.22

2.56

2.00

1.97

Hansoh Pharmaceutical Group Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial									1.27	0.89	0.97	1.00	0.84

Hansoh Pharmaceutical Group Co Inventory Turnover Calculation

Hansoh Pharmaceutical Group 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 )
=	132.391	/ (	(60.646	+	73.946)	/	2 )
=	132.391	/	67.296
=	1.97

Hansoh Pharmaceutical Group Co'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 )
=	63.624	/ (	(77.381	+	73.946)	/	2 )
=	63.624	/	75.6635
=	0.84

Hansoh Pharmaceutical Group Co (STU:3KY) 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.

Hansoh Pharmaceutical Group Co'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
	=	75.6635	/	63.624	*	365 / 2
	=	217.03

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.

Hansoh Pharmaceutical Group Co'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 )
	=	75.6635	/	718.244
	=	0.11

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.

Hansoh Pharmaceutical Group Co Inventory Turnover Related Terms

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Hansoh Pharmaceutical Group Co (STU:3KY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Hansoh Pharmaceutical Group Co Ltd (STU:3KY) » Definitions » Inventory Turnover

Traded in Other Exchanges

03692:Hong Kong

Address

287 Xiangke Road, Pudong New District, Shanghai, CHN, 201210

Website

https://www.hspharm.com

Hansoh Pharmaceutical Group Co Ltd is a research and development-driven pharmaceutical company in China. The company holds a broad, diversified drug portfolio in CNS diseases, oncology, anti-infectives, and diabetes. Further, it also focuses on metabolic diseases and anti-tumor. The majority of revenue is generated from the sale of pharmaceutical products in Mainland China.

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