Shaanxi Broadcast & TV Network Intermediary (Group) Co (SHSE:600831) Inventory Turnover : 2.95 (As of Mar. 2025)

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What is Shaanxi Broadcast & TV Network Intermediary (Group) 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. Shaanxi Broadcast & TV Network Intermediary (Group) Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥318 Mil. Shaanxi Broadcast & TV Network Intermediary (Group) Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥108 Mil. Shaanxi Broadcast & TV Network Intermediary (Group) Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 2.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shaanxi Broadcast & TV Network Intermediary (Group) Co's Days Inventory for the three months ended in Mar. 2025 was 30.93.

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. Shaanxi Broadcast & TV Network Intermediary (Group) Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.31.

Shaanxi Broadcast & TV Network Intermediary (Group) Co Inventory Turnover Historical Data

The historical data trend for Shaanxi Broadcast & TV Network Intermediary (Group) 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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Shaanxi Broadcast & TV Network Intermediary (Group) Co Inventory Turnover Chart

Shaanxi Broadcast & TV Network Intermediary (Group) Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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14.99

17.21

15.88

13.84

12.75

Shaanxi Broadcast & TV Network Intermediary (Group) Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															2.69	3.90	2.32	3.37	2.95

Shaanxi Broadcast & TV Network Intermediary (Group) Co Inventory Turnover Calculation

Shaanxi Broadcast & TV Network Intermediary (Group) Co's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	1449.354	/ (	(123.34	+	103.982)	/	2 )
=	1449.354	/	113.661
=	12.75

Shaanxi Broadcast & TV Network Intermediary (Group) Co's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	317.623	/ (	(103.982	+	111.365)	/	2 )
=	317.623	/	107.6735
=	2.95

Shaanxi Broadcast & TV Network Intermediary (Group) Co (SHSE:600831) 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.

Shaanxi Broadcast & TV Network Intermediary (Group) Co's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	107.6735	/	317.623	*	365 / 4
	=	30.93

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.

Shaanxi Broadcast & TV Network Intermediary (Group) Co's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	107.6735	/	350.647
	=	0.31

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.

Shaanxi Broadcast & TV Network Intermediary (Group) Co Inventory Turnover Related Terms

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Shaanxi Broadcast & TV Network Intermediary (Group) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Shaanxi Broadcast & TV Network Intermediary (Group) Co Ltd (SHSE:600831) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 15 Gaoxin 1st Road, New and High-Technology Development Zone, Xi'an, Shanxi, CHN, 710075

Website

http://www.600831.com

Shaanxi Broadcast & TV Network Intermediary (Group) Co Ltd is engaged in the provision of planning, construction, and operation and management of radio and television network in Shaanxi Province. The company provides digital and cable television services, high-definition interactive services, including basic channel broadcast services, channel broadcast subscription and information services, and video-on-demand services; and data services.

Executives

Han Pu	Directors, senior managers
Fan Dong	senior management
Li Wen Hua	senior management
Li Wen	senior management
Wang Li Qiang	Director
Hu Xiao Lai	senior management
Zhang Yan Bing	senior management
Feng Hui Ming	senior management
Ren Hui	senior management
Xu Qi Huan	senior management
Liu Jin	Director
Xue Chao Hui	senior management
Wang Zhang Yuan	senior management
Fu Chen Ling	senior management
Yan Zhao Xiang	Director

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