BJCHF (Beijing Capital International Airport Co) Inventory Turnover : 11.38 (As of Jun. 2024)

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What is Beijing Capital International Airport 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 Capital International Airport Co's Cost of Goods Sold for the six months ended in Jun. 2024 was $299.9 Mil. Beijing Capital International Airport Co's Average Total Inventories for the quarter that ended in Jun. 2024 was $26.3 Mil. Beijing Capital International Airport Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 11.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing Capital International Airport Co's Days Inventory for the six months ended in Jun. 2024 was 16.03.

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 Capital International Airport Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.07.

Beijing Capital International Airport Co Inventory Turnover Historical Data

The historical data trend for Beijing Capital International Airport 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 Capital International Airport Co Inventory Turnover Chart

Beijing Capital International Airport Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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29.12

28.04

24.18

19.26

20.82

Beijing Capital International Airport Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial															9.54	10.44	9.72	11.67	11.38

Beijing Capital International Airport Co Inventory Turnover Calculation

Beijing Capital International Airport 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 )
=	619.615	/ (	(31.312	+	28.196)	/	2 )
=	619.615	/	29.754
=	20.82

Beijing Capital International Airport Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	299.877	/ (	(28.196	+	24.485)	/	2 )
=	299.877	/	26.3405
=	11.38

Beijing Capital International Airport Co (OTCPK:BJCHF) 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 Capital International Airport Co's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	26.3405	/	299.877	*	365 / 2
	=	16.03

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 Capital International Airport Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	26.3405	/	369.95
	=	0.07

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 Capital International Airport Co Inventory Turnover Related Terms

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Beijing Capital International Airport Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Beijing Capital International Airport Co Ltd (OTCPK:BJCHF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

BJCHY:USA 00694:Hong Kong BJ1:Germany

Address

979 King’s Road, 37th Floor, One Taikoo Place, Hong Kong, Hong Kong, HKG

Website

https://en.bcia.com.cn

Beijing Capital International Airport Co Ltd is engaged in operating and managing aeronautical and nonaeronautical businesses at Beijing Capital Airport. The Company's aeronautical business includes provision of aircraft landings and take-offs and passenger service facilities, ground support services, and firefighting services for domestic and foreign air transportation enterprises. The Company's non-aeronautical business includes ground handling agent services supplied for domestic and foreign airliners; in-flight catering services; duty free and other retail shops in the terminals, restaurants and other catering businesses in the terminals, VIP services inside and outside the terminals; and leasing of advertising spaces inside and outside the terminals.