REPT BATTERO Energy Co (HKSE:00666) Inventory Turnover : 2.58 (As of Dec. 2023)

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What is REPT BATTERO Energy 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. REPT BATTERO Energy Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$7,128 Mil. REPT BATTERO Energy Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$2,764 Mil. REPT BATTERO Energy Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. REPT BATTERO Energy Co's Days Inventory for the six months ended in Dec. 2023 was 70.77.

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. REPT BATTERO Energy Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.39.

REPT BATTERO Energy Co Inventory Turnover Historical Data

The historical data trend for REPT BATTERO Energy 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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REPT BATTERO Energy Co Inventory Turnover Chart

REPT BATTERO Energy Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

3.28

5.07

6.99

4.49

REPT BATTERO Energy Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial			-	5.80	2.97	2.16	2.58

REPT BATTERO Energy Co Inventory Turnover Calculation

REPT BATTERO Energy Co'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 )
=	13455.565	/ (	(3160.961	+	2831.228)	/	2 )
=	13455.565	/	2996.0945
=	4.49

REPT BATTERO Energy Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	7128.005	/ (	(2696.691	+	2831.228)	/	2 )
=	7128.005	/	2763.9595
=	2.58

REPT BATTERO Energy Co (HKSE:00666) 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.

REPT BATTERO Energy Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	2763.9595	/	7128.005	*	365 / 2
	=	70.77

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.

REPT BATTERO Energy Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	2763.9595	/	7154.12
	=	0.39

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.

REPT BATTERO Energy Co Inventory Turnover Related Terms

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REPT BATTERO Energy Co (HKSE:00666) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » REPT BATTERO Energy Co Ltd (HKSE:00666) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

L52:Germany

Address

Binhai 6th Road, Room A205, Building C No. 205, Airport New Area, Longwan District, Zhejiang, Wenzhou, CHN

Website

https://www.chinarept.com

REPT BATTERO Energy Co Ltd is a lithium-ion battery manufacturer company in China. It focuses on the research & development, production, and sales of EV and ESS lithium-ion battery products including battery cells, modules, and packs (including battery boxes, battery racks, and energy storage containers for ESS packs). Its segment includes the sale of EV battery products, ESS battery products, wastes, battery components, and R&D services.

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