Famous Shoe Companies Are High Inventories. Where Is The Way For Future Development?

It is understood that in accordance with the normal operation of the industry, 10% to 20% of the scope is regarded as safe stock, which is also within the controllable range of shoes and clothing enterprises.

But the reality is that most of the shoes and clothing enterprises have exceeded their controllable inventory.

Insiders say with laughter, even now all China has.

All of them are closed down. Only the goods in the warehouse can be sold to the domestic shoe and clothing sales enterprises for 3 years at least.

High inventory is undoubtedly a heavy burden for the development of enterprises.

Increase in stock amount

Data show that in 2011, the total inventory of 84 listed companies in textile, clothing and fur industry reached 70 billion 832 million yuan, an increase of 25% over the 56 billion 742 million yuan in 2010.

The stock of the company rose sharply. In 2011, the stock of Lining group was 1 billion 133 million yuan, up 40.57% from the 806 million yuan a year earlier.

Anta group's inventory reached 610 million yuan, an increase of 36.21% over the same period last year.

XTEP last year's sales revenue of 5 billion 540 million yuan, an increase of 24.28% over the same period, and the stock volume also increased by 45.17%, reaching 670 million yuan.

The sales revenue of 331 degrees last year was 5 billion 568 million yuan, an increase of 14.84% over the same period last year, and the growth rate of inventories was as high as 81.80%, reaching 451 million yuan.

PEAK's operating income last year increased by 4 billion 650 million yuan, up 9.40% compared to the same period last year, and its stock growth rate was the lowest among the five largest brands, 25.73%, and the stock amount was 421 million yuan.

In 2011, revenue was 1 billion 348 million yuan on Saturday, an increase of 17.9% over the same period last year, but net profit attributable to shareholders of listed companies decreased by 0.85% to 99 million yuan over the same period.

In addition, net stock grew by 39.43% to 799 million yuan, accounting for 42.51% in one year and 27.45% in one to two years.

The total inventory turnover days reached 353 days, an increase of 43 days compared with 2010.

BELLE's 2011 results also showed that the final inventory increased by 34.1% from the end of last year, from 4 billion 859 million yuan to 6 billion 517 million yuan.

Daphne's stock rose from HK $1 billion 84 million to HK $2 billion 59 million.

Increase in stock days

It is understood that the average stock days of Lining, Anta, XTEP, PEAK and China are 41 days for the 5 companies.

Among them, Lining for 46 days, Anta for 25 days, XTEP for 44 days, PEAK for 33 days, China's trend is 54 days, a larger increase than in 2010.