BII Railway Transportation Technology Holdings Co (HKSE:01522) Inventory Turnover : 1.81 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is BII Railway Transportation Technology Holdings 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. BII Railway Transportation Technology Holdings Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$761 Mil. BII Railway Transportation Technology Holdings Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$421 Mil. BII Railway Transportation Technology Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BII Railway Transportation Technology Holdings Co's Days Inventory for the six months ended in Dec. 2023 was 100.96.

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. BII Railway Transportation Technology Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.36.

BII Railway Transportation Technology Holdings Co Inventory Turnover Historical Data

The historical data trend for BII Railway Transportation Technology Holdings 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.

BII Railway Transportation Technology Holdings Co Inventory Turnover Chart

BII Railway Transportation Technology Holdings Co Annual Data

Trend

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

2.65

2.05

2.50

2.29

2.58

BII Railway Transportation Technology Holdings Co Semi-Annual Data
	Dec13	Jun14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															1.74	0.79	1.40	0.62	1.81

BII Railway Transportation Technology Holdings Co Inventory Turnover Calculation

BII Railway Transportation Technology Holdings 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 )
=	1046.174	/ (	(446.197	+	363.756)	/	2 )
=	1046.174	/	404.9765
=	2.58

BII Railway Transportation Technology Holdings 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 )
=	761.361	/ (	(478.628	+	363.756)	/	2 )
=	761.361	/	421.192
=	1.81

BII Railway Transportation Technology Holdings Co (HKSE:01522) 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.

BII Railway Transportation Technology Holdings 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
	=	421.192	/	761.361	*	365 / 2
	=	100.96

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.

BII Railway Transportation Technology Holdings 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 )
	=	421.192	/	1163.993
	=	0.36

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.

BII Railway Transportation Technology Holdings Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of BII Railway Transportation Technology Holdings Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

BII Railway Transportation Technology Holdings Co (HKSE:01522) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BII Railway Transportation Technology Holdings Co Ltd (HKSE:01522) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

CN6:Germany

Address

No.4 Huixin East Street, Floor 15th, Tower 2, Fusheng Building, Chaoyang District, Beijing, CHN

Website

https://www.biitt.cn

BII Railway Transportation Technology Holdings Co Ltd is engaged in designing, implementing, selling, and maintenance, of application solutions for the networking and controlling systems of public transport. Its segments include Intelligent railway transportation, Infrastructure information, and Business development investment. The key part of the revenue is from the Intelligent railway transportation segment that provides design, production, implementation and sale, and maintenance of application solution services, which include related software, hardware, and spare parts in railway transportation areas. The group's revenue is from customers in the People's Republic of China.

Executives

Cao Mingda	2307 Founder of a discretionary trust who can infl
Trident Trust Company (cayman) Limited	2301 Trustee
Toplight Management Limited	2201 Interest of corporation controlled by you
Pang Ziqian	2202 Interest of your spouse
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Zhong Guo Zai Bao Xian Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

BII Railway Transportation Technology Holdings Co (HKSE:01522) Headlines

No Headlines