Black Sesame International Holding (HKSE:02533) Inventory Turnover : 3.23 (As of Dec. 2023)

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What is Black Sesame International Holding 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. Black Sesame International Holding's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$257.3 Mil. Black Sesame International Holding's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$79.7 Mil. Black Sesame International Holding's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Black Sesame International Holding's Days Inventory for the three months ended in Dec. 2023 was 28.27.

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. Black Sesame International Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.23.

Black Sesame International Holding Inventory Turnover Historical Data

The historical data trend for Black Sesame International Holding'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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Black Sesame International Holding Inventory Turnover Chart

Black Sesame International Holding Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

12.00

3.06

3.23

Black Sesame International Holding Quarterly Data
	Dec21	Dec22	Dec23
Inventory Turnover	12.00	3.06	3.23

Black Sesame International Holding Inventory Turnover Calculation

Black Sesame International Holding'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 )
=	257.31	/ (	(81.319	+	78.121)	/	2 )
=	257.31	/	79.72
=	3.23

Black Sesame International Holding'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: Dec. 2022 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	257.31	/ (	(81.319	+	78.121)	/	2 )
=	257.31	/	79.72
=	3.23

Black Sesame International Holding (HKSE:02533) 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.

Black Sesame International Holding's Days Inventory for the three 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
	=	79.72	/	257.31	*	365 / 4
	=	28.27

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.

Black Sesame International Holding'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 )
	=	79.72	/	341.687
	=	0.23

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.

Black Sesame International Holding Inventory Turnover Related Terms

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Black Sesame International Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Black Sesame International Holding Ltd (HKSE:02533) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1278 Heping Avenue, 32nd floor, Shenzhen State Investment Center, Qingshan District, Wuhan, CHN

Website

https://www.blacksesame.com.cn

Black Sesame International Holding Ltd is an automotive-grade computing SoC and SoC-based intelligent vehicle solution provider with a mission to drive the future of mobility with chips. SoC is an integrated circuit that integrates key electronic components including central processing units, memories, I/O interfaces and others. It has designed two series of automotive-grade SoCs, the Huashan Series high-computing power SoCs and the Wudang Series cross-domain SoCs.

Executives

Deng Feng
Northern Light Partners Iv L.p.
Northern Light Venture Capital Iv, Ltd.
The D&h Family Trust Dated December 7, 2001
Northern Light Venture Fund Iv, L.p.
Shang Hai Ji Xin Qi Ye Guan Li He Huo Qi Ye You Xian He Huo Jia Xing Xin Can Gu Quan Tou Zi He Huo Q	2101 Beneficial owner
Pan Dan
Shan Jizhang

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