BYD Electronic (International) Co (BYD Electronic (International) Co) Inventory Turnover : 1.78 (As of Sep. 2023)

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What is BYD Electronic (International) 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. BYD Electronic (International) Co's Cost of Goods Sold for the three months ended in Sep. 2023 was $4,449 Mil. BYD Electronic (International) Co's Average Total Inventories for the quarter that ended in Sep. 2023 was $2,500 Mil. BYD Electronic (International) Co's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BYD Electronic (International) Co's Days Inventory for the three months ended in Sep. 2023 was 51.28.

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. BYD Electronic (International) Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.51.

BYD Electronic (International) Co Inventory Turnover Historical Data

The historical data trend for BYD Electronic (International) 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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BYD Electronic (International) Co Inventory Turnover Chart

BYD Electronic (International) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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9.57

10.65

9.61

7.05

6.64

BYD Electronic (International) Co Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															2.08	1.98	-	1.78	1.90

BYD Electronic (International) Co Inventory Turnover Calculation

BYD Electronic (International) Co's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	14463.62	/ (	(1659.091	+	2445.086)	/	2 )
=	14463.62	/	2052.0885
=	7.05

BYD Electronic (International) Co's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	4449.257	/ (	(2500.188	+	0)	/	1 )
=	4449.257	/	2500.188
=	1.78

BYD Electronic (International) Co (OTCPK:BYDIF) 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.

BYD Electronic (International) Co's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	2500.188	/	4449.257	*	365 / 4
	=	51.28

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.

BYD Electronic (International) Co's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	2500.188	/	4927.978
	=	0.51

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.

BYD Electronic (International) Co Inventory Turnover Related Terms

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BYD Electronic (International) Co (BYD Electronic (International) Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BYD Electronic (International) Co Ltd (OTCPK:BYDIF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

BYDIY:USA 00285:Hong Kong 4BY:Germany

Address

No. 3001, Bao He Road, Baolong Industrial Park, Longgang District, Shenzhen, CHN, 518116

Website

http://electronics.byd.com

BYD Electronic (International) Co Ltd is involved in the manufacture of mobile handset components. The company's earnings are dependent on the design, manufacture, and sale of mobile handsets and modules and other electronic components primarily in China. It also has markets across PRC (including Hong Kong, Macau and Taiwan), Asia Pacific, United States of America, Other countries, where the company is sourced by various handsets brands.

BYD Electronic (International) Co (BYD Electronic (International) Co) Headlines

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