Jiangsu Boxin Investing & Holdings Co (SHSE:600083) Inventory Turnover : 25.71 (As of Sep. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Jiangsu Boxin Investing & 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. Jiangsu Boxin Investing & Holdings Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥22.9 Mil. Jiangsu Boxin Investing & Holdings Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ¥0.9 Mil. Jiangsu Boxin Investing & Holdings Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 25.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jiangsu Boxin Investing & Holdings Co's Days Inventory for the three months ended in Sep. 2024 was 3.55.

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. Jiangsu Boxin Investing & Holdings Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.04.

Jiangsu Boxin Investing & Holdings Co Inventory Turnover Historical Data

The historical data trend for Jiangsu Boxin Investing & 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.

Jiangsu Boxin Investing & Holdings Co Inventory Turnover Chart

Jiangsu Boxin Investing & Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

12.37

131.26

4,756.43

1,663.90

97.14

Jiangsu Boxin Investing & Holdings Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															120.62	19.57	7.67	17.37	25.71

Jiangsu Boxin Investing & Holdings Co Inventory Turnover Calculation

Jiangsu Boxin Investing & 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 )
=	249.318	/ (	(0.176	+	4.957)	/	2 )
=	249.318	/	2.5665
=	97.14

Jiangsu Boxin Investing & Holdings Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	22.878	/ (	(1.052	+	0.728)	/	2 )
=	22.878	/	0.89
=	25.71

Jiangsu Boxin Investing & Holdings Co (SHSE:600083) 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.

Jiangsu Boxin Investing & Holdings Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	0.89	/	22.878	*	365 / 4
	=	3.55

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.

Jiangsu Boxin Investing & Holdings Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	0.89	/	23.177
	=	0.04

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.

Jiangsu Boxin Investing & Holdings Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Jiangsu Boxin Investing & Holdings Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Jiangsu Boxin Investing & Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jiangsu Boxin Investing & Holdings Co Ltd (SHSE:600083) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Zhujiawan Street, Building B2, Gusu Software Park, Gusu District, Suzhou, Guangdong, CHN, 511518

Website

http://Www.toppers.com.cn

Jiangsu Boxin Investing & Holdings Co Ltd is principally engaged in the external investment business.

Executives

Luo Jing	Director
Jiang Shao Yang	Director
Liu Hui	Director
Chen Yuan	Director
Zhu Feng Lian	senior management

Jiangsu Boxin Investing & Holdings Co Headlines

No Headlines