CBGH (China Yibai United Guarantee International Holding) Inventory Turnover: 1.28 (As of Jun. 2004)


What is China Yibai United Guarantee International Holding Inventory Turnover?

China Yibai United Guarantee International Holding CBGH Inventory Turnover is 1.28 as of Jun. 2004.

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. China Yibai United Guarantee International Holding's Cost of Goods Sold for the three months ended in Jun. 2004 was $1.50 Mil. China Yibai United Guarantee International Holding's Average Total Inventories for the quarter that ended in Jun. 2004 was $1.17 Mil. China Yibai United Guarantee International Holding's Inventory Turnover for the quarter that ended in Jun. 2004 was 1.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Yibai United Guarantee International Holding's Days Inventory for the three months ended in Jun. 2004 was 71.47.

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. China Yibai United Guarantee International Holding's Inventory-to-Revenue for the quarter that ended in Jun. 2004 was 0.51.

China Yibai United Guarantee International Holding  (OTCPK:CBGH) 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.

China Yibai United Guarantee International Holding's Days Inventory for the three months ended in Jun. 2004 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2004 )/Cost of Goods Sold (Q: Jun. 2004 )*Days in Period
=1.1725/1.497*365 / 4
=71.47

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.

China Yibai United Guarantee International Holding's Inventory to Revenue for the quarter that ended in Jun. 2004 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2004 ) / Revenue (Q: Jun. 2004 )
=1.1725 / 2.285
=0.51

* 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.

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.

China Yibai United Guarantee International Holding Inventory Turnover Related Terms

China Yibai United Guarantee International Holding Inventory Turnover Historical Data

* Premium members only.

The historical data trend for China Yibai United Guarantee International Holding'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.

China Yibai United Guarantee International Holding Inventory Turnover Chart

China Yibai United Guarantee International Holding Annual Data
Trend Sep01 Sep02 Sep03
Inventory Turnover
4.25 3.81 4.29

China Yibai United Guarantee International Holding Quarterly Data
Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.89 1.23 1.29 1.30 1.28

China Yibai United Guarantee International Holding Inventory Turnover Calculation

China Yibai United Guarantee International Holding's Inventory Turnover for the fiscal year that ended in Sep. 2003 is calculated as

Inventory Turnover (A: Sep. 2003 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2003 ) / ((Total Inventories (A: Sep. 2002 ) + Total Inventories (A: Sep. 2003 )) / count )
=5.072 / ((1.134 + 1.23) / 2 )
=5.072 / 1.182
=4.29

China Yibai United Guarantee International Holding's Inventory Turnover for the quarter that ended in Jun. 2004 is calculated as

Inventory Turnover (Q: Jun. 2004 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2004 ) / ((Total Inventories (Q: Mar. 2004 ) + Total Inventories (Q: Jun. 2004 )) / count )
=1.497 / ((1.097 + 1.248) / 2 )
=1.497 / 1.1725
=1.28

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 1.28 mean?
China Yibai United Guarantee International Holding (CBGH) has a Inventory Turnover of 1.28 as of Jun. 2004. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on China Yibai United Guarantee International Holding and its competitors.
Is China Yibai United Guarantee International Holding's Inventory Turnover too high?
China Yibai United Guarantee International Holding's current Inventory Turnover is 1.28.
How does China Yibai United Guarantee International Holding's Inventory Turnover compare to MRIN and IDAI?
China Yibai United Guarantee International Holding's Inventory Turnover of 1.28 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Software company?
A good Inventory Turnover depends on the Software industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on China Yibai United Guarantee International Holding and its competitors. China Yibai United Guarantee International Holding's current Inventory Turnover is 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Yibai United Guarantee International Holding stock overvalued right now?
China Yibai United Guarantee International Holding (CBGH) has a current Inventory Turnover of 1.28. The current Inventory Turnover is 1.28. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For China Yibai United Guarantee International Holding (CBGH), the current Inventory Turnover is 1.28 as of Jun. 2004. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China Yibai United Guarantee International Holding Business Description

Address 106 - 7550 Birchmount Road, Markham, ON, CAN, L3R 6C6
China Yibai United Guarantee International Holding Inc through its subsidiary, provides mobile device users with on-demand cleaning and other home maintenance services for residential and commercial use through its TidyCall App. The platform includes two versions: TidyCall User for consumers using commercial cleaning services (CSUs) and TidyCall Provider for approved cleaning service providers (CSPs). TidyCall enables interaction between CSUs and CSPs through its on-demand interface, supported by a Two-Way Review/Rating System that allows both parties to rate and review each service discreetly, promoting productivity and service quality. It also uses Geo-Fencing technology to collect real-time geographic information of CSPs and CSUs during service requests, enhancing user safety.