Bosun Co (SZSE:002282) Inventory Turnover : 0.73 (As of Dec. 2024)

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What is Bosun 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. Bosun Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ¥317 Mil. Bosun Co's Average Total Inventories for the quarter that ended in Dec. 2024 was ¥434 Mil. Bosun Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bosun Co's Days Inventory for the three months ended in Dec. 2024 was 124.91.

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. Bosun Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.00.

Bosun Co Inventory Turnover Historical Data

The historical data trend for Bosun 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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Bosun Co Inventory Turnover Chart

Bosun Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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2.44

2.58

2.44

2.83

2.91

Bosun Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.77	0.68	0.77	0.75	0.73

Bosun Co Inventory Turnover Calculation

Bosun 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 )
=	1224.144	/ (	(398.151	+	442.232)	/	2 )
=	1224.144	/	420.1915
=	2.91

Bosun Co'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: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	316.972	/ (	(425.579	+	442.232)	/	2 )
=	316.972	/	433.9055
=	0.73

Bosun Co (SZSE:002282) 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.

Bosun Co's Days Inventory for the three 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
	=	433.9055	/	316.972	*	365 / 4
	=	124.91

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.

Bosun Co'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 )
	=	433.9055	/	433.718
	=	1.00

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.

Bosun Co Inventory Turnover Related Terms

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Bosun Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bosun Co Ltd (SZSE:002282) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Near 289 Changjiang Avenue, National High-Tech Industry Development Zone, Hebei province, Shijiazhuang, CHN

Website

http://www.bosun.com.cn

Bosun Co Ltd, formerly Bosun Tools Co Ltd is engaged in research and manufacturing of diamond tools, power tools, and TCT tools. The products of the company include concrete blades, asphalt blades, ductile iron blades, single and double row cup wheels, dry drilling, and wet drilling core bits.

Executives

Chen Huai Rong	Director
Yang Jian Hua	Director
Chen Huai Kui	Supervisors
Jin Fa Bin	Director
Zhu Ben Hui	Director
Zhang Shu Yu	Director
Ren Jing Jian	Director
Cheng Hui	Director
Lv Gui Qin	Supervisors
Zhang Jian Ming	Executives
Wang Huan Cheng	Director
Wang Zhen Dong	Executives
Chen Jin Rong	Director

Bosun Co Headlines

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