Beijing Bohui Science & Technology Co (SHSE:688004) Inventory Turnover : 0.64 (As of Sep. 2024)

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What is Beijing Bohui Science & 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. Beijing Bohui Science & Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥37.6 Mil. Beijing Bohui Science & Technology Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ¥58.8 Mil. Beijing Bohui Science & Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing Bohui Science & Technology Co's Days Inventory for the three months ended in Sep. 2024 was 142.72.

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 Bohui Science & Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.10.

Beijing Bohui Science & Technology Co Inventory Turnover Historical Data

The historical data trend for Beijing Bohui Science & 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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Beijing Bohui Science & Technology Co Inventory Turnover Chart

Beijing Bohui Science & Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.72

2.58

4.22

2.21

1.89

Beijing Bohui Science & Technology 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															0.48	0.61	0.23	0.19	0.64

Beijing Bohui Science & Technology Co Inventory Turnover Calculation

Beijing Bohui Science & 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 )
=	109.723	/ (	(41.612	+	74.422)	/	2 )
=	109.723	/	58.017
=	1.89

Beijing Bohui Science & Technology 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 )
=	37.604	/ (	(60.888	+	56.74)	/	2 )
=	37.604	/	58.814
=	0.64

Beijing Bohui Science & Technology Co (SHSE:688004) 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 Bohui Science & Technology 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
	=	58.814	/	37.604	*	365 / 4
	=	142.72

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 Bohui Science & Technology 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 )
	=	58.814	/	53.68
	=	1.10

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 Bohui Science & Technology Co Inventory Turnover Related Terms

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Beijing Bohui Science & Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Beijing Bohui Science & Technology Co Ltd (SHSE:688004) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

No. 7 Fengxian Middle Road, Room 501, 5th Floor, Haidian District (Incubation Building), Beijing, CHN, 100094

Website

http://www.bohui.com.cn

Beijing Bohui Science & Technology Co Ltd is an information technology company focused on audiovisual big data. Its business covers the three main areas of audiovisual business operation and maintenance platform, media content security and informationized audiovisual data management. In audiovisual business operation and maintenance platforms, it targets broadcasters such as IPTV / OTT operators, broadcast and television network companies at all levels, new media broadcast control platforms, Internet video content providers, radio and television stations, and related government departments. In media content security, it provides all-media content security solutions for government regulatory agencies at all levels to help government regulatory agencies ensure media content security.

Executives

Wang Rong Fang	Core technical personnel
Sun Chuan Ming	Director
Guo Zhong Wu	Directors, senior managers
Zheng Jin Fu	Director

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