Lay-Out Planning Consultans Co (SZSE:300989) Inventory Turnover : 1,728.33 (As of Sep. 2023)

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What is Lay-Out Planning Consultans 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. Lay-Out Planning Consultans Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥52.7 Mil. Lay-Out Planning Consultans Co's Average Total Inventories for the quarter that ended in Sep. 2023 was ¥0.0 Mil. Lay-Out Planning Consultans Co's Inventory Turnover for the quarter that ended in Sep. 2023 was 1,728.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lay-Out Planning Consultans Co's Days Inventory for the three months ended in Sep. 2023 was 0.05.

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. Lay-Out Planning Consultans Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Lay-Out Planning Consultans Co Inventory Turnover Historical Data

The historical data trend for Lay-Out Planning Consultans 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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Lay-Out Planning Consultans Co Inventory Turnover Chart

Lay-Out Planning Consultans Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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Lay-Out Planning Consultans Co Quarterly Data
	Jun18	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															41.16	92.20	151.49	284.51	1,728.33

Lay-Out Planning Consultans Co Inventory Turnover Calculation

Lay-Out Planning Consultans 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 )
=	255.858	/ (	(0	+	0)	/	1 )
=	255.858	/	0
=	N/A

Lay-Out Planning Consultans 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 )
=	52.714	/ (	(0.059	+	0.002)	/	2 )
=	52.714	/	0.0305
=	1,728.33

Lay-Out Planning Consultans Co (SZSE:300989) 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.

Lay-Out Planning Consultans 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
	=	0.0305	/	52.714	*	365 / 4
	=	0.05

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.

Lay-Out Planning Consultans 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 )
	=	0.0305	/	100.045
	=	0.00

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.

Lay-Out Planning Consultans Co Inventory Turnover Related Terms

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Lay-Out Planning Consultans Co (SZSE:300989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lay-Out Planning Consultans Co Ltd (SZSE:300989) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Lianhua Street, Room 406, Block A, Jingtian Comprehensive Market, Jinghua Community, Futian District, Guangdong, Shenzhen, CHN, 518036

Website

http://www.lay-out.com.cn

Shenzhen Leo Planning & Design Consulting Co Ltd is a national planning and design consulting agency. It is dedicated towards providing accurate, effective and operational construction planning solutions with its main business of planning design and engineering design.

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