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Beijing Shiji Information Technology Co (SZSE:002153) Inventory Turnover : 0.87 (As of Mar. 2025)


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What is Beijing Shiji Information 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 Shiji Information Technology Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥301 Mil. Beijing Shiji Information Technology Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥347 Mil. Beijing Shiji Information Technology Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing Shiji Information Technology Co's Days Inventory for the three months ended in Mar. 2025 was 105.16.

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 Shiji Information Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.59.


Beijing Shiji Information Technology Co Inventory Turnover Historical Data

The historical data trend for Beijing Shiji Information 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.

* Premium members only.

Beijing Shiji Information Technology Co Inventory Turnover Chart

Beijing Shiji Information Technology 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 5.60 5.84 4.68 4.73 5.41

Beijing Shiji Information Technology 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 0.83 1.07 0.79 2.22 0.87

Beijing Shiji Information Technology Co Inventory Turnover Calculation

Beijing Shiji Information Technology 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 )
=1919.543 / ((371.573 + 337.887) / 2 )
=1919.543 / 354.73
=5.41

Beijing Shiji Information Technology 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 )
=300.971 / ((337.887 + 355.83) / 2 )
=300.971 / 346.8585
=0.87

* 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 Shiji Information Technology Co  (SZSE:002153) 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 Shiji Information Technology 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
=346.8585/300.971*365 / 4
=105.16

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 Shiji Information Technology 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 )
=346.8585 / 592.156
=0.59

* 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 Shiji Information Technology Co Inventory Turnover Related Terms

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Beijing Shiji Information Technology Co Business Description

Traded in Other Exchanges
N/A
Address
15F, Beijing INN, No.5 East Shui, Jing Hu Tong, Chao Yang Men Nei, Dongcheng District, Beijing, CHN, 100036
Beijing Shiji Information Technology Co Ltd is an information technology company based in China. It is engaged in the development of software solutions serving mainly hotel, food and beverage, retail, and leisure and entertainment sectors. Shiji provides branded chain stores with complete management solutions and department store solutions which include investment management system, ERP, CRM, visual counter system, mobile POS and cloud platform. In addition, Shiji provides installation, certifications and after-sales service for a variety of hardware including servers, point of sale equipment and printers.
Executives
Li Dian Kun Director
Zhao Wen Yu Securities Affairs Representative
Yan Li Ming Independent director
Guan Dong Yu Executives
Wang Min Min Executives

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