Beijing Urban Construction Design & Development Group Co (HKSE:01599) Inventory Turnover : 75.03 (As of Dec. 2023)

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What is Beijing Urban Construction Design & Development 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. Beijing Urban Construction Design & Development Group Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$5,256 Mil. Beijing Urban Construction Design & Development Group Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$70 Mil. Beijing Urban Construction Design & Development Group Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 75.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing Urban Construction Design & Development Group Co's Days Inventory for the six months ended in Dec. 2023 was 2.43.

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. Beijing Urban Construction Design & Development Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Beijing Urban Construction Design & Development Group Co Inventory Turnover Historical Data

The historical data trend for Beijing Urban Construction Design & Development 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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Beijing Urban Construction Design & Development Group Co Inventory Turnover Chart

Beijing Urban Construction Design & Development Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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61.72

60.85

62.77

83.01

121.07

Beijing Urban Construction Design & Development Group Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															38.33	42.36	76.81	57.89	75.03

Beijing Urban Construction Design & Development Group Co Inventory Turnover Calculation

Beijing Urban Construction Design & Development 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 )
=	9270.037	/ (	(75.846	+	77.291)	/	2 )
=	9270.037	/	76.5685
=	121.07

Beijing Urban Construction Design & Development 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 )
=	5256.231	/ (	(62.819	+	77.291)	/	2 )
=	5256.231	/	70.055
=	75.03

Beijing Urban Construction Design & Development Group Co (HKSE:01599) 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.

Beijing Urban Construction Design & Development 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
	=	70.055	/	5256.231	*	365 / 2
	=	2.43

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.

Beijing Urban Construction Design & Development 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 )
	=	70.055	/	6391.512
	=	0.01

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.

Beijing Urban Construction Design & Development Group Co Inventory Turnover Related Terms

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Beijing Urban Construction Design & Development Group Co (HKSE:01599) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Beijing Urban Construction Design & Development Group Co Ltd (HKSE:01599) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

BDG:Germany

Address

No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG

Website

https://www.bjucd.com

Beijing Urban Construction Design & Development Group Co Ltd is a state-owned professional survey and design institute founded specifically for the survey and design of Beijing Subway Line. The company is engaged in design, survey and consultancy services for urban rail transit and urban rail transit related industrial and civil construction and municipal engineering projects; and construction contracting services for urban rail transit and the service concession arrangements under the build-operate-transfer arrangements. It operates in two business segments, including the Design, Survey and Consultancy segment as well as the Construction Contracting segment.

Executives

Amundi Asset Management	2102 Investment manager
Amundi Ireland Ltd	2102 Investment manager
Jing Tou Xiang Gang You Xian Gong Si	2101 Beneficial owner
Bei Jing Shi Ji Chu She Shi Tou Zi You Xian Gong Si	2101 Beneficial owner

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