GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing Aerospace Changfeng Co Ltd (SHSE:600855) » Definitions » Inventory Turnover

Beijing Aerospace Changfeng Co (SHSE:600855) Inventory Turnover : 0.11 (As of Mar. 2025)


View and export this data going back to 1994. Start your Free Trial

What is Beijing Aerospace Changfeng 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. Beijing Aerospace Changfeng Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥74 Mil. Beijing Aerospace Changfeng Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥689 Mil. Beijing Aerospace Changfeng Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing Aerospace Changfeng Co's Days Inventory for the three months ended in Mar. 2025 was 851.97.

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. Beijing Aerospace Changfeng Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 6.90.


Beijing Aerospace Changfeng Co Inventory Turnover Historical Data

The historical data trend for Beijing Aerospace Changfeng 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.

Beijing Aerospace Changfeng Co Inventory Turnover Chart

Beijing Aerospace Changfeng Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.86 1.91 1.42 1.44 1.36

Beijing Aerospace Changfeng 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.33 0.15 0.60 0.11

Beijing Aerospace Changfeng Co Inventory Turnover Calculation

Beijing Aerospace Changfeng 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 )
=929.949 / ((718.575 + 647.697) / 2 )
=929.949 / 683.136
=1.36

Beijing Aerospace Changfeng 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 )
=73.747 / ((647.697 + 729.408) / 2 )
=73.747 / 688.5525
=0.11

* 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.


Beijing Aerospace Changfeng Co  (SHSE:600855) 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.

Beijing Aerospace Changfeng 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
=688.5525/73.747*365 / 4
=851.97

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.

Beijing Aerospace Changfeng 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 )
=688.5525 / 99.811
=6.90

* 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.


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.


Beijing Aerospace Changfeng Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Beijing Aerospace Changfeng Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Aerospace Changfeng Co Business Description

Traded in Other Exchanges
N/A
Address
No. 51 Yong Ding Road, Aerospace Tower, Haidian District, Beijing, Beijing, CHN, 100854
Beijing Aerospace Changfeng Co Ltd is a China-based company. The business activities of the company include medical device, medical informatization, integrated digital operating room solution, laminar flow operating room project, safety city project, smart city project, security control of the large-scale event, emergency and counter-terrorism. It offers a range of product that includes Anesthesia machine, Ventilators, Operating room tables and Surgical lamp.
Executives
Wang Yan Bin senior management
Guo Hui Ming senior management
Jin Cang Song Director
Liu Lei senior management
Wang Xin Ming senior management
Zhao Zhi Hua senior management
Su Zi Hua Directors, senior managers
Liu Da Jun senior management
Wang Ying senior management

Beijing Aerospace Changfeng Co Headlines

No Headlines