Yong Bai Chao New Retail (Yong Bai Chao New Retail) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Yong Bai Chao New Retail 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. Yong Bai Chao New Retail's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil. Yong Bai Chao New Retail's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

Yong Bai Chao New Retail Inventory Turnover Historical Data

The historical data trend for Yong Bai Chao New Retail'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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Yong Bai Chao New Retail Inventory Turnover Chart

Yong Bai Chao New Retail Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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Yong Bai Chao New Retail 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															-	-	-	-	-

Yong Bai Chao New Retail Inventory Turnover Calculation

Yong Bai Chao New Retail'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 )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Yong Bai Chao New Retail'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 )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Yong Bai Chao New Retail (OTCPK:YBCN) 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.

Yong Bai Chao New Retail'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	/	0	*	365 / 4
	=

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.

Yong Bai Chao New Retail'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	/	0
	=

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.

Yong Bai Chao New Retail Inventory Turnover Related Terms

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Yong Bai Chao New Retail (Yong Bai Chao New Retail) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Yong Bai Chao New Retail Corp (OTCPK:YBCN) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 39 Hulan West Road, 3209, South Building, Building 3, Boashan District, Shanghai, CHN

Website

http://www.eccoregon.com

Yong Bai Chao New Retail Corp, formerly Environmental Control Corp is a shell company.

Executives

Fei Wang	director, 10 percent owner, officer: CEO, CFO and Secretary	3209, SOUTH BUILDING, BUILDING 3, NO. 39 HULAN WEST ROAD, BAOSHAN DISTRICT, SHANGHAI F4 00000
Michael J Mugford	director	15365 BROOKSIDE AVENUE, WEST VANCOUVER A1 V7W 1N2
Stephen Norris	other: Manager, Business Development	203 - 1265 W. 11TH AVENUE, VANCOUVER A1 V6H 1K8
Environmental Control Corp.	10 percent owner	85 KENMOUNT ROAD, ST. JOHN?S A4 A1B 3N7
Nils Rodeblad	director	13 CEDARHURST PLACE, ST. JOHN'S A4 AIG 1T8
Gary Bishop	director, officer: Chief Financial Officer	5 LAMANCH PLACE, ST. JOHN'S A4 AIE 4P6
Albert E Hickman	director, officer: President, CEO and Chairman	85 RENNIE'S MILL ROAD, ST. JOHN'S A4 A1C 3P9
Alexei Jirniaguine	director, 10 percent owner	1049 EUPHRATES CRESENT, PORT COQUITLAM A1 V3B 8B6
Andrei Krioukov	director, 10 percent owner	702-33 WATER STREET, VANCOUVER A1 V6B 1A1

Yong Bai Chao New Retail (Yong Bai Chao New Retail) Headlines

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