China Resources Building Materials Technology Holdings (STU:C44) Inventory Turnover : 5.07 (As of Dec. 2024)

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What is China Resources Building Materials Technology Holdings 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. China Resources Building Materials Technology Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was €1,373 Mil. China Resources Building Materials Technology Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was €271 Mil. China Resources Building Materials Technology Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 5.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Resources Building Materials Technology Holdings's Days Inventory for the six months ended in Dec. 2024 was 36.03.

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. China Resources Building Materials Technology Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.16.

China Resources Building Materials Technology Holdings Inventory Turnover Historical Data

The historical data trend for China Resources Building Materials Technology Holdings'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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China Resources Building Materials Technology Holdings Inventory Turnover Chart

China Resources Building Materials Technology Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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13.99

12.78

10.07

9.75

10.63

China Resources Building Materials Technology Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															4.87	3.67	4.95	4.05	5.07

China Resources Building Materials Technology Holdings Inventory Turnover Calculation

China Resources Building Materials Technology Holdings'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 )
=	2523.352	/ (	(243.503	+	231.214)	/	2 )
=	2523.352	/	237.3585
=	10.63

China Resources Building Materials Technology Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	1373.406	/ (	(311.097	+	231.214)	/	2 )
=	1373.406	/	271.1555
=	5.07

China Resources Building Materials Technology Holdings (STU:C44) 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.

China Resources Building Materials Technology Holdings's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	271.1555	/	1373.406	*	365 / 2
	=	36.03

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.

China Resources Building Materials Technology Holdings's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	271.1555	/	1669.262
	=	0.16

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.

China Resources Building Materials Technology Holdings Inventory Turnover Related Terms

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China Resources Building Materials Technology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Resources Building Materials Technology Holdings Ltd (STU:C44) » Definitions » Inventory Turnover

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Traded in Other Exchanges

CARCY:USA 01313:Hong Kong C44:Germany

Address

26 Harbour Road, Room 3001-05, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.crcement.com

China Resources Building Materials, or CRBM, mainly engages in the production and sale of cement, clinker, and concrete in Southern China. The company was established in 2003, with parent company China Resources Group holding 68% of its total equity stake. While cement and clinker products have been the largest contributors to CRBM's earnings historically, the firm has actively forayed into related sectors such as aggregates and engineered stones in recent years. Its major customers include real estate and infrastructure builders in provinces such as Guangdong, Guangxi, and Fujian.

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