Fanli Digital Technology Co (SHSE:600228) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Fanli Digital Technology 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. Fanli Digital Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥33.7 Mil. Fanli Digital Technology Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fanli Digital Technology Co's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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. Fanli Digital Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Fanli Digital Technology Co Inventory Turnover Historical Data

The historical data trend for Fanli Digital Technology 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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Fanli Digital Technology Co Inventory Turnover Chart

Fanli Digital Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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34.66

11.99

14.44

Fanli Digital Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Fanli Digital Technology Co Inventory Turnover Calculation

Fanli Digital Technology 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 )
=	98.839	/ (	(0	+	0)	/	1 )
=	98.839	/	0
=	N/A

Fanli Digital Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	33.663	/ (	(0	+	0)	/	1 )
=	33.663	/	0
=	N/A

Fanli Digital Technology Co (SHSE:600228) 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.

Fanli Digital Technology Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0	/	33.663	*	365 / 4
	=	0.00

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.

Fanli Digital Technology Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0	/	68.619
	=	0.00

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.

Fanli Digital Technology Co Inventory Turnover Related Terms

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Fanli Digital Technology Co (SHSE:600228) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Fanli Digital Technology Co Ltd (SHSE:600228) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 31, Changzheng Avenue, Room 805, 8th Floor, Chamber of Commerce Building, Zhanggong District, Jiangxi Province, Ganzhou, CHN, 200232

Website

http://www.corp.fanli.com

Fanli Digital Technology Co Ltd formerly Jiangxi Changjiu Biochemical Industry Co Ltd is a coal chemical company in Jiangxi, China. Its products include synthetic ammonia, urea, methanol, acrylamide, hydrogen peroxide, silica hydrated, liquid carbon dioxide, plastic pipes and oxygen. Geographically, the activities are carried out through China.

Fanli Digital Technology Co (SHSE:600228) Headlines

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