Beijing Enterprises Environment Group (HKSE:00154) Inventory Turnover : 15.15 (As of Dec. 2024)

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What is Beijing Enterprises Environment Group 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 Enterprises Environment Group's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$610 Mil. Beijing Enterprises Environment Group's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$40 Mil. Beijing Enterprises Environment Group's Inventory Turnover for the quarter that ended in Dec. 2024 was 15.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing Enterprises Environment Group's Days Inventory for the six months ended in Dec. 2024 was 12.04.

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 Enterprises Environment Group's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.04.

Beijing Enterprises Environment Group Inventory Turnover Historical Data

The historical data trend for Beijing Enterprises Environment Group'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 Enterprises Environment Group Inventory Turnover Chart

Beijing Enterprises Environment Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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30.15

44.18

37.63

25.76

26.47

Beijing Enterprises Environment Group 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															15.07	15.18	9.71	11.86	15.15

Beijing Enterprises Environment Group Inventory Turnover Calculation

Beijing Enterprises Environment Group'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 )
=	1132.87	/ (	(47.019	+	38.577)	/	2 )
=	1132.87	/	42.798
=	26.47

Beijing Enterprises Environment Group's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	609.891	/ (	(41.915	+	38.577)	/	2 )
=	609.891	/	40.246
=	15.15

Beijing Enterprises Environment Group (HKSE:00154) 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 Enterprises Environment Group's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	40.246	/	609.891	*	365 / 2
	=	12.04

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 Enterprises Environment Group's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	40.246	/	919.152
	=	0.04

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 Enterprises Environment Group Inventory Turnover Related Terms

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Beijing Enterprises Environment Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Beijing Enterprises Environment Group Ltd (HKSE:00154) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Harbour Road, 66th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

http://www.beegl.com.hk

Beijing Enterprises Environment Group Ltd is an investment holding company focused on the waste treatment business. It operates through segments namely; The Solid Waste Treatment segment is engaged in the construction and operation of waste incineration plants, waste treatment, and the sale of electricity and steam; the Ecological construction services segment engages in the provision of ecological construction, design, project survey, and design, and construction project management services; and the corporate and others segment comprises property investment business and corporate income and expense items. It generates the majority of its revenue from the Solid Waste Treatment segment.

Executives

Beijing Enterprises Group Company Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Holdings Limited	2201 Interest of corporation controlled by you

Beijing Enterprises Environment Group Headlines

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