Beijing Join-Cheer Software Co (SZSE:002279) Inventory Turnover : 5.03 (As of Mar. 2025)

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What is Beijing Join-Cheer Software 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 Join-Cheer Software Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥214 Mil. Beijing Join-Cheer Software Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥43 Mil. Beijing Join-Cheer Software Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 5.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing Join-Cheer Software Co's Days Inventory for the three months ended in Mar. 2025 was 18.13.

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. Beijing Join-Cheer Software Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.14.

Beijing Join-Cheer Software Co Inventory Turnover Historical Data

The historical data trend for Beijing Join-Cheer Software 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 Join-Cheer Software Co Inventory Turnover Chart

Beijing Join-Cheer Software Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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28.88

17.86

26.15

48.78

77.55

Beijing Join-Cheer Software 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															13.55	15.82	14.41	15.01	5.03

Beijing Join-Cheer Software Co Inventory Turnover Calculation

Beijing Join-Cheer Software 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 )
=	3058.845	/ (	(41.458	+	37.428)	/	2 )
=	3058.845	/	39.443
=	77.55

Beijing Join-Cheer Software 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 )
=	214.266	/ (	(37.428	+	47.715)	/	2 )
=	214.266	/	42.5715
=	5.03

Beijing Join-Cheer Software Co (SZSE:002279) 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 Join-Cheer Software 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
	=	42.5715	/	214.266	*	365 / 4
	=	18.13

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.

Beijing Join-Cheer Software 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 )
	=	42.5715	/	311.673
	=	0.14

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 Join-Cheer Software Co Inventory Turnover Related Terms

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Beijing Join-Cheer Software Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Join-Cheer Software Co Ltd (SZSE:002279) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5 Da Hui Si Road, Building 3, 3F, Haidian District, Beijing, Beijing, CHN, 100081

Website

http://www.jiuqi.com.cn

Beijing Join-Cheer Software Co Ltd is a management software provider that focuses on providing big data integrated services. The solutions provided by the company include government management and services, long time big data, long time report, and longtime DNA.

Executives

Li Jun	Director
Zhao Fu Jun	Director
Shi Rui Feng	Directors, executives
Wang Hai Xia	Directors, executives
Wang Xin	Director
Qiu An Chao	Directors, executives
Ou Yang Yao	Directors, executives
Ceng Chao	Supervisors
Liu Wen Sheng	Executives
Wang Jin Yan	Supervisors
Zhu Xiao Jun	Executives
Li Kun Qi	Director

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