Shenzhen Bingchuan Network Co (SZSE:300533) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Shenzhen Bingchuan Network 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. Shenzhen Bingchuan Network Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥37 Mil. Shenzhen Bingchuan Network Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shenzhen Bingchuan Network Co's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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. Shenzhen Bingchuan Network Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Shenzhen Bingchuan Network Co Inventory Turnover Historical Data

The historical data trend for Shenzhen Bingchuan Network 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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Shenzhen Bingchuan Network Co Inventory Turnover Chart

Shenzhen Bingchuan Network Co Annual Data

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Inventory Turnover

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Shenzhen Bingchuan Network Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Shenzhen Bingchuan Network Co Inventory Turnover Calculation

Shenzhen Bingchuan Network Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	140.008	/ (	(0	+	0)	/	1 )
=	140.008	/	0
=	N/A

Shenzhen Bingchuan Network Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	37.112	/ (	(0	+	0)	/	1 )
=	37.112	/	0
=	N/A

Shenzhen Bingchuan Network Co (SZSE:300533) 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.

Shenzhen Bingchuan Network Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0	/	37.112	*	365 / 4
	=	0.00

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.

Shenzhen Bingchuan Network Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0	/	560.282
	=	0.00

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.

Shenzhen Bingchuan Network Co Inventory Turnover Related Terms

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Shenzhen Bingchuan Network Co (SZSE:300533) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Shenzhen Bingchuan Network Co Ltd (SZSE:300533) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Shenzhen Science and Technology, Road No. 1, 601, 602 rooms, Software Park (2) 9, Nanshan District, Shenzhen, CHN, 518057

Website

http://www.q1.com

Shenzhen Bingchuan Network Co Ltd engages in the development and operation of integrated network online games. Its business activities include the development and sale of computer software and hardware; and provision of computer programming services. The company's products mainly are a personal computer (PC) online games, mobile games.

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