Bloomage BioTechnology (SHSE:688363) Inventory Turnover : 0.24 (As of Mar. 2025)

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What is Bloomage BioTechnology 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. Bloomage BioTechnology's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥300 Mil. Bloomage BioTechnology's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥1,237 Mil. Bloomage BioTechnology's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bloomage BioTechnology's Days Inventory for the three months ended in Mar. 2025 was 376.13.

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. Bloomage BioTechnology's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.15.

Bloomage BioTechnology Inventory Turnover Historical Data

The historical data trend for Bloomage BioTechnology'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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Bloomage BioTechnology Inventory Turnover Chart

Bloomage BioTechnology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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1.24

1.83

1.56

1.41

1.17

Bloomage BioTechnology 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															0.29	0.33	0.23	0.30	0.24

Bloomage BioTechnology Inventory Turnover Calculation

Bloomage BioTechnology'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 )
=	1392.561	/ (	(1134.501	+	1247.762)	/	2 )
=	1392.561	/	1191.1315
=	1.17

Bloomage BioTechnology'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 )
=	300.184	/ (	(1247.762	+	1226.957)	/	2 )
=	300.184	/	1237.3595
=	0.24

Bloomage BioTechnology (SHSE:688363) 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.

Bloomage BioTechnology'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
	=	1237.3595	/	300.184	*	365 / 4
	=	376.13

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.

Bloomage BioTechnology'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 )
	=	1237.3595	/	1077.927
	=	1.15

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.

Bloomage BioTechnology Inventory Turnover Related Terms

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Bloomage BioTechnology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Bloomage BioTechnology Corp Ltd (SHSE:688363) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 678 Tianchen Avenue, High-Tech Development Zone, Shandong Province, Jinan City, CHN

Website

http://www.bloomagebio-tech.com

Bloomage BioTechnology Corp Ltd manufactures and sells a variety of chemicals and chemical-based products, typically made from hyaluronic acid sodium, or HA. The firm organizes itself into two segments based on product type. The HA raw materials segment, which generates the majority of revenue, sells HA and HA derivatives produced using bio-fermentation technology. The HA raw materials segment products are classified into three grades of HA: medicine grade, cosmetic grade, and food grade. The HA end products segment sells medical skin care products, bone products for intra-articular injection, and medical beauty devices. The majority of revenue comes from China.

Executives

Zhao Yi	Core technical personnel
Luan Yi Hong	Core technical personnel
Shi Yan Li	Core technical personnel
Liu Jian Jian	Core technical personnel
Wang Yu Ling	Core technical personnel
Zhou Wei	Core technical personnel
Huang Si Ling	Core technical personnel
Han Hong Ling	Core technical personnel
Lu Zhen	Core technical personnel

Bloomage BioTechnology Headlines

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