Shanghai DOBE Cultural & Creative Industry Development (Group) Co (SZSE:300947) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Shanghai DOBE Cultural & Creative Industry Development (Group) 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. Shanghai DOBE Cultural & Creative Industry Development (Group) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥203 Mil. Shanghai DOBE Cultural & Creative Industry Development (Group) 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. Shanghai DOBE Cultural & Creative Industry Development (Group) 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. Shanghai DOBE Cultural & Creative Industry Development (Group) Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Shanghai DOBE Cultural & Creative Industry Development (Group) Co Inventory Turnover Historical Data

The historical data trend for Shanghai DOBE Cultural & Creative Industry Development (Group) 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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Shanghai DOBE Cultural & Creative Industry Development (Group) Co Inventory Turnover Chart

Shanghai DOBE Cultural & Creative Industry Development (Group) Co Annual Data

Trend

Dec16

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Dec22

Dec23

Inventory Turnover

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Shanghai DOBE Cultural & Creative Industry Development (Group) 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															-	-	10,884.32	11,353.42	-

Shanghai DOBE Cultural & Creative Industry Development (Group) Co Inventory Turnover Calculation

Shanghai DOBE Cultural & Creative Industry Development (Group) 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 )
=	782.977	/ (	(0	+	0)	/	1 )
=	782.977	/	0
=	N/A

Shanghai DOBE Cultural & Creative Industry Development (Group) 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 )
=	202.528	/ (	(0	+	0)	/	1 )
=	202.528	/	0
=	N/A

Shanghai DOBE Cultural & Creative Industry Development (Group) Co (SZSE:300947) 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.

Shanghai DOBE Cultural & Creative Industry Development (Group) 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	/	202.528	*	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.

Shanghai DOBE Cultural & Creative Industry Development (Group) 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	/	313.239
	=	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.

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Shanghai DOBE Cultural & Creative Industry Development (Group) Co (SZSE:300947) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Shanghai DOBE Cultural & Creative Industry Development (Group) Co Ltd (SZSE:300947) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.492, Anhua Road, Room 707, Building 1, Changning District, Shanghai, CHN, 200050

Website

http://www.dobechina.com

Shanghai DOBE Cultural & Creative Industry Development (Group) Co Ltd is a professional service provider dedicated towards the development of cultural and technological enterprises. DoBe not only provides enterprises with a comfortable, ecological, and personalized high-quality office environment, but also provides entrepreneurial services, brand promotion, financial consulting, business registration and others.

Executives

Jia Bo

Director

Shanghai DOBE Cultural & Creative Industry Development (Group) Co (SZSE:300947) Headlines

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