Monte Bianco Diamond Applications Co (BJSE:836807) Inventory Turnover : 0.50 (As of Mar. 2025)

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What is Monte Bianco Diamond Applications 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. Monte Bianco Diamond Applications Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥83.3 Mil. Monte Bianco Diamond Applications Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥165.1 Mil. Monte Bianco Diamond Applications Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Monte Bianco Diamond Applications Co's Days Inventory for the three months ended in Mar. 2025 was 180.83.

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. Monte Bianco Diamond Applications Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.41.

Monte Bianco Diamond Applications Co Inventory Turnover Historical Data

The historical data trend for Monte Bianco Diamond Applications 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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Monte Bianco Diamond Applications Co Inventory Turnover Chart

Monte Bianco Diamond Applications Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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2.53

2.57

2.96

2.72

2.60

Monte Bianco Diamond Applications Co Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															0.49	0.70	0.62	0.61	0.50

Monte Bianco Diamond Applications Co Inventory Turnover Calculation

Monte Bianco Diamond Applications Co's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	398.886	/ (	(152.149	+	154.735)	/	2 )
=	398.886	/	153.442
=	2.60

Monte Bianco Diamond Applications Co's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	83.296	/ (	(154.735	+	175.397)	/	2 )
=	83.296	/	165.066
=	0.50

Monte Bianco Diamond Applications Co (BJSE:836807) 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.

Monte Bianco Diamond Applications Co's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	165.066	/	83.296	*	365 / 4
	=	180.83

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.

Monte Bianco Diamond Applications Co's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	165.066	/	116.919
	=	1.41

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.

Monte Bianco Diamond Applications Co Inventory Turnover Related Terms

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Monte Bianco Diamond Applications Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Monte Bianco Diamond Applications Co Ltd (BJSE:836807) » Definitions » Inventory Turnover

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Address

No. 7, Xingye 8th Road, Guanglong Industrial Park, Chencun Town, Shunde District, Guangdong Province, Foshan City, CHN, 528313

Website

http://www.monte-bianco.com

Monte Bianco Diamond Applications Co Ltd focuses on the research, development, production, and sales of superhard material products. The company's products include diamond tools, rare earth permanent magnet components, and silicon carbide tools which are widely used in the processing of hard and brittle materials such as ceramic stone, precision machinery parts processing, magnetic materials, 3C product processing, and other fields.

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