How To Solve The Problem Of Billions Of Inventory Problems Of Local Apparel Listed Companies?

At the beginning of the new year, although the listed clothing enterprises have not released the 2016 earnings report, their inventory changes are much the same.

Inventory of 10 garment enterprises including Hai Lan home, YOUNGOR and Metersbonwe in the end of the third quarter of 2016.

Hai Lan's home: 9 billion 438 million yuan at the end of the year and 9 billion 580 million yuan at the beginning of the year.

Although the net profit of Hai Lan home has dropped sharply in the three quarter, a large number of stores have been added.

According to the results of the report, Hai Lan's family opened 972 stores in the first three quarters.

Among them, its brand, Hai Lan's home, has increased 2 stores, 722 new stores and stores, and many new franchises and shopping malls have been added to its brand, love rabbit house and sea one.

By the end of 2015, Hai Lan's home had a stock of up to 9 billion 500 million yuan, and about 20% of the company's stock was bought out. The remaining stock could be returned to the supplier, so the high pressure stock still had little effect on the company.

Hai Lan House said it would integrate the storefront to meet the current development needs of the company.

YOUNGOR: end of 13 billion 615 million; balance at the beginning of the year 14 billion 30 million

As of September 30, 2016, YOUNGOR stock was 13 billion 615 million yuan, compared with the beginning of the year, the balance of 14 billion 30 million yuan, has dropped 415 million.

This mainly depends on the company's strategy of continuous promotion of large stores and moderate price reduction.

Semir: 2 billion 483 million yuan at the end of the term; 1 billion 596 million yuan at the beginning of the year.

As of September 30, 2016, the stock of Semir was 2 billion 483 million yuan, a balance of 1 billion 596 million yuan compared with the beginning of the year, which has increased by 887 million yuan, and the change rate of inventory is more than half, reaching 55.58%.

In the earnings report, Semir explained that the main products were new products in winter.

It is worth mentioning that Semir has a relatively sound database system. Through data modeling, we will make a forecast analysis on the key elements such as style, color and fabric of fashion this year, making the design, research and development and production more accurate.

G: 251 million yuan at the end of the year and 178 million yuan at the beginning of the year.

As of September 30, 2016,

The stock was 251 million yuan, an increase of 73 million yuan compared with the 178 million yuan at the beginning of the year.

As early as 2015, the company has revealed the company's inventory management mechanism: the company's library age within 2 years of products do not discount sales, more than 2 years will be based on the age of the library line offline outlets sales, online sales and cut the way to digest.

Red beans shares: end of 2 billion 922 million yuan; balance at the beginning of 3 billion 501 million

In the third quarter earnings report of Hong Kong stock disclosed in 2016, its inventory has been significantly reduced, reaching 579 million yuan.

Although there is no specific reason in the earnings report, this may be related to the supply chain reform, Haitong Securities analyst Xu Hui guesses.

During the period, the red beans stock increased by 70 Hodo Mens men's clothing store, clothing inventory will gradually decline and remain stable.

Metersbonwe: 2 billion 63 million yuan at the end of the term; 1 billion 875 million yuan at the beginning of the year.

At the end of 2011, Smith Barney suffered a stock crisis.

The media exposed 2 billion 560 million inventory pressure.

In the third quarter report released in 2016, the US bond inventory was 2 billion 63 million yuan, up 1 billion 875 million yuan from the beginning of the year, an increase of 188 million yuan.

Under the pressure of inventory, Metersbonwe offered the risk of discounting and clearing stocks. It is understood that American barrack will also hold a special sale to sell stocks.

Shanshan stock: 931 million yuan at the end of the year; 862 million yuan at the beginning of the year.

As of September 30, 2016, the stock of Shanshan stock was 931 million yuan, an increase of 69 million yuan compared with the 862 million yuan at the beginning of the year.

From 2013 to 2015, the average turnover days of Shanshan company were 186 days, 205 days and 231 days respectively.

In this regard, Shanshan company explained that the increase in inventory turnover in 2014 was mainly related to the development of e-commerce platform. In 2015, it was caused by the intensified competition in China's men's wear industry.

As of June 30, 2016, the average inventory turnover time of Shanshan company was 222 days, although it was almost the same as the end of 2015, but it still increased compared with the previous two years.

According to the three quarterly report released by the Pathfinder company, in 2016, 1-9 months and a month, the company's revenue and net profit declined over the same period. The main reason is that the outdoor goods sector continued to inventory in the first three quarters, and the road Explorer robber was in the inventory cycle. But the inventory at the end of the 642 million yuan was still 98 million yuan more than the initial period of 544 million yuan.

Nine herding King: 721 million yuan; the balance at the beginning of the year is 584 million yuan.

As of September 30, 2016, the stock of nine Mu Wang was 721 million yuan, an increase of 173 million yuan compared with the 548 million yuan at the beginning of the year.

The rate of change in inventory is 31.57%.

Despite the relative improvement in inventory at the end of 2015, it fell by 1.52% over the previous period, but it did not seem to be optimistic for 15 years in 2016.

Busen shares: 210 million yuan at the end of the term; 211 million yuan at the beginning.

As of September 30, 2016,

The inventory was 210 million yuan, which was 211 million yuan earlier than the beginning of the year.

It is reported that Busen will continue to increase new orders and launch new products to ensure that companies reduce inventories and receivables.

For garment enterprises, inventory is always one of the main pain points.

Product backlog not only occupies the company's operating capital, but also increases the management cost and profit cost of the company, lengthen the turnover cycle of the product, thereby reducing the overall profit of the company.

For large inventories, closing poorly managed stores, discount sales have become a traditional practice for most garment enterprises to inventory.

For more information, please pay attention to the world clothing shoes and hats net report.