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Beijing Media (FRA:BME) Inventory Turnover : 16.58 (As of Jun. 2024)


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What is Beijing Media 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 Media's Cost of Goods Sold for the six months ended in Jun. 2024 was €11.13 Mil. Beijing Media's Average Total Inventories for the quarter that ended in Jun. 2024 was €0.67 Mil. Beijing Media's Inventory Turnover for the quarter that ended in Jun. 2024 was 16.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing Media's Days Inventory for the six months ended in Jun. 2024 was 11.01.

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 Media's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.06.

Beijing Media Inventory Turnover Historical Data

The historical data trend for Beijing Media'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.

* Premium members only.

Beijing Media Inventory Turnover Chart

Beijing Media Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.86 14.06 17.65 37.65 40.23

Beijing Media Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.80 8.96 14.44 16.58 16.94

Beijing Media Inventory Turnover Calculation

Beijing Media'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 )
=22.046 / ((0.657 + 0.514) / 2 )
=22.046 / 0.5855
=37.65

Beijing Media'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 )
=11.126 / ((0.514 + 0.828) / 2 )
=11.126 / 0.671
=16.58

* 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.

Beijing Media  (FRA:BME) 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 Media'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
=0.671/11.126*365 / 2
=11.01

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 Media'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 )
=0.671 / 11.747
=0.06

* 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.

Beijing Media Inventory Turnover Related Terms

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Beijing Media Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Beijing Media Corp Ltd (FRA:BME) » Definitions » Inventory Turnover
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HKSE:01047 HKSE:01561 HKSE:00377 HKSE:01950 HKSE:00954 HKSE:01002 HKSE:01932 HKSE:02116 HKSE:02439 HKSE:02502 LIN XPAR:AI SHW ECL APD XSWX:GIVN ISX:TPIA XSWX:SIKA OCSE:NSIS B XAMS:DSFIR
Traded in Other Exchanges
01000:Hong Kong
Address
148 Connaught Road Central, 10th Floor, Guangdong Investment Tower, Hong Kong, HKG
Website
http://www.bjmedia.com.cn
Beijing Media Corp Ltd is a media company in the People's Republic of China. It operates through the following segments: Advertising, Printing, and Trading of Print-related Material. The company generates maximum revenue from the Trading of the print-related material segment, followed by the Advertising segment. It's Trading of print-related materials segment includes sales of paper, ink, lubricant, film, pre-coating photosensitive liquid plates,s and rubber plates used for printing and other print-related materials. The Advertising segment includes the sale of advertising spaces and outdoor advertising.