BYD Electronic (International) Co (HKSE:00285) Inventory Turnover : 2.87 (As of Dec. 2024)

View and export this data going back to 2007. Start your Free Trial

What is BYD Electronic (International) 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. BYD Electronic (International) Co's Cost of Goods Sold for the three months ended in Dec. 2024 was HK$55,454 Mil. BYD Electronic (International) Co's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$19,313 Mil. BYD Electronic (International) Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BYD Electronic (International) Co's Days Inventory for the three months ended in Dec. 2024 was 31.78.

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. BYD Electronic (International) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.33.

BYD Electronic (International) Co Inventory Turnover Historical Data

The historical data trend for BYD Electronic (International) 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.

* Premium members only.

BYD Electronic (International) Co Inventory Turnover Chart

BYD Electronic (International) Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

10.62

9.63

7.04

6.65

8.90

BYD Electronic (International) Co Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															1.82	1.90	1.98	2.87	1.92

BYD Electronic (International) Co Inventory Turnover Calculation

BYD Electronic (International) 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 )
=	176170.421	/ (	(20280.277	+	19312.747)	/	2 )
=	176170.421	/	19796.512
=	8.90

BYD Electronic (International) Co'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: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	55454.255	/ (	(0	+	19312.747)	/	1 )
=	55454.255	/	19312.747
=	2.87

BYD Electronic (International) Co (HKSE:00285) 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.

BYD Electronic (International) Co's Days Inventory for the three 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
	=	19312.747	/	55454.255	*	365 / 4
	=	31.78

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.

BYD Electronic (International) Co'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 )
	=	19312.747	/	58912.689
	=	0.33

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.

BYD Electronic (International) Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of BYD Electronic (International) Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

BYD Electronic (International) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BYD Electronic (International) Co Ltd (HKSE:00285) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

BYDIY:USA BYDIF:USA 4BY:Germany

Address

No. 1 Bibao Second Road, Baolong Street, Longgang District, Shenzhen, CHN, 518116

Website

http://www.electronics.byd.com

BYD Electronic (International) Co Ltd is a diversified components supplier and assembler. Spun out from its parent company BYD Company in 2007, BYDE is known for assembling iPads and is a supplier of metal and plastic components to consumer electronic devices such as tablets, laptops, and smartphones. The next leg of growth also comes from hardware used in electric vehicles and Internet of Things devices such as drones, residential energy storage, and smart home devices. BYDE's headquarters are in Shenzhen, China, and it employed around 150,300 people as of Dec. 31, 2023.

BYD Electronic (International) Co Headlines

No Headlines