Beijing Oriental Jicheng Co (SZSE:002819) Inventory Turnover : 1.15 (As of Mar. 2025)

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What is Beijing Oriental Jicheng 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 Oriental Jicheng Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥510 Mil. Beijing Oriental Jicheng Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥442 Mil. Beijing Oriental Jicheng Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing Oriental Jicheng Co's Days Inventory for the three months ended in Mar. 2025 was 79.09.

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 Oriental Jicheng Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.72.

Beijing Oriental Jicheng Co Inventory Turnover Historical Data

The historical data trend for Beijing Oriental Jicheng 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 Oriental Jicheng Co Inventory Turnover Chart

Beijing Oriental Jicheng Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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9.48

5.80

5.79

5.17

Beijing Oriental Jicheng 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															1.11	1.20	1.01	1.77	1.15

Beijing Oriental Jicheng Co Inventory Turnover Calculation

Beijing Oriental Jicheng 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 )
=	2331.774	/ (	(492.784	+	408.481)	/	2 )
=	2331.774	/	450.6325
=	5.17

Beijing Oriental Jicheng 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 )
=	510.086	/ (	(408.481	+	475.736)	/	2 )
=	510.086	/	442.1085
=	1.15

Beijing Oriental Jicheng Co (SZSE:002819) 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 Oriental Jicheng 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
	=	442.1085	/	510.086	*	365 / 4
	=	79.09

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 Oriental Jicheng 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 )
	=	442.1085	/	615.049
	=	0.72

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 Oriental Jicheng Co Inventory Turnover Related Terms

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Beijing Oriental Jicheng Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Beijing Oriental Jicheng Co Ltd (SZSE:002819) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 67, Fucheng Road, Yindu Building, Haidian District, Beijing, CHN, 100034

Website

http://www.jicheng.net.cn

Beijing Oriental Jicheng Co Ltd operates as an integrated service provider in the field of electronic test and measurement in China. Its products include power supply, digital multimeter, signal generator, electronic load, data collector and switch, wireless device tester, semiconductor and solar cell testing equipment, calibrator, and analyzer instruments.

Executives

Zheng Da Wei	Directors, executives
Chen Yi Gang	Executives
Wang Ge	Director
Zheng Peng	Executives
Wu Xu	Executives
Xiao Jia Zhong	Supervisors
Yan Li	Directors, executives
Chang Hong	Directors, executives

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