BaTeLab Co (HKSE:02149) Inventory Turnover : 0.61 (As of Jun. 2024)

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What is BaTeLab 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. BaTeLab Co's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$152.4 Mil. BaTeLab Co's Average Total Inventories for the quarter that ended in Jun. 2024 was HK$248.0 Mil. BaTeLab Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BaTeLab Co's Days Inventory for the six months ended in Jun. 2024 was 296.88.

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. BaTeLab Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.79.

BaTeLab Co Inventory Turnover Historical Data

The historical data trend for BaTeLab 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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BaTeLab Co Inventory Turnover Chart

BaTeLab Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

0.90

1.86

2.22

1.40

BaTeLab Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial			1.17	1.10	0.88	0.66	0.61

BaTeLab Co Inventory Turnover Calculation

BaTeLab 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 )
=	226.16	/ (	(85.223	+	238.587)	/	2 )
=	226.16	/	161.905
=	1.40

BaTeLab Co'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 )
=	152.433	/ (	(238.587	+	257.348)	/	2 )
=	152.433	/	247.9675
=	0.61

BaTeLab Co (HKSE:02149) 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.

BaTeLab Co'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
	=	247.9675	/	152.433	*	365 / 2
	=	296.88

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.

BaTeLab Co'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 )
	=	247.9675	/	312.794
	=	0.79

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.

BaTeLab Co Inventory Turnover Related Terms

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BaTeLab Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » BaTeLab Co Ltd (HKSE:02149) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 150 Jici Road, Science and Technology Town, Gaoxin District, Jiangsu Province, Suzhou, CHN, 215011

Website

http://www.batelab.com

BaTeLab Co Ltd is an analog IC patterned wafer provider in China. It focuses on the design of analog and mixed-signal full-category chips and system-level solutions. Its products include covering switching regulators, multi-channel ICs and power management ICs, linear stabilizers voltage regulators, battery management ICs, monitoring and modem ICs, driver ICs, linear products, and other product directions.

Executives

Huatai Securities Co., Ltd.	2201 Interest of corporation controlled by you
China International Capital Corporation (international) Limited	2201 Interest of corporation controlled by you
China International Capital Corporation Limited	2201 Interest of corporation controlled by you
China International Capital Corporation Hong Kong Securities Limited	2105 Underwriter
Cicc Financial Holdings Limited	2201 Interest of corporation controlled by you
Cicc Financial Trading Limited	2501 Other

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