Baiyu Holdings (Baiyu Holdings) Inventory Turnover : 108.25 (As of Mar. 2024)

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What is Baiyu Holdings 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. Baiyu Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $28.1 Mil. Baiyu Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.3 Mil. Baiyu Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 108.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Baiyu Holdings's Days Inventory for the three months ended in Mar. 2024 was 0.84.

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. Baiyu Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.

Baiyu Holdings Inventory Turnover Historical Data

The historical data trend for Baiyu Holdings'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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Baiyu Holdings Inventory Turnover Chart

Baiyu Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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340.17

375.53

Baiyu Holdings 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															79.30	102.25	128.06	119.50	108.25

Baiyu Holdings Inventory Turnover Calculation

Baiyu Holdings'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 )
=	134.815	/ (	(0.458	+	0.26)	/	2 )
=	134.815	/	0.359
=	375.53

Baiyu Holdings'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 )
=	28.145	/ (	(0.26	+	0)	/	1 )
=	28.145	/	0.26
=	108.25

Baiyu Holdings (NAS:BYU) 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.

Baiyu Holdings'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
	=	0.26	/	28.145	*	365 / 4
	=	0.84

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.

Baiyu Holdings'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 )
	=	0.26	/	28.092
	=	0.01

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.

Baiyu Holdings Inventory Turnover Related Terms

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Baiyu Holdings (Baiyu Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Baiyu Holdings Inc (NAS:BYU) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

139, Xinzhou 11th Street, Futian District, Shenzhen, CHN, 518000

Website

https://www.tdglg.com

Baiyu Holdings Inc is engaged in Bulk B2B commodity trading business and supply chain service business in China. The Commodities Trading Business involves purchasing the non-ferrous metal product from upstream metal and mineral suppliers and then selling to downstream customers. It offers comprehensive solutions and operations for global new energy storage systems and specialized sectors. The Supply Chain Service Business has served as a one-stop commodity supply chain service and digital intelligence supply chain platform integrating upstream and downstream enterprises, warehouses, logistics, information, and futures trading.

Executives

Shuxiang Zhang	10 percent owner	FLR. 7 BLDG NO. 28 CHENGFU RD., YOUSHENG MANSION, HAIDIAN DISTRICT, BEIJING F4 00000
Renmei Ouyang	director, officer: Chief Executive Officer	ZHONGZHOU BUILDING, ROOM 3302, FUTIAN DISTRICT, SHENZHEN, GUANGDONG F4 518000
Wong Heung Ming Henry	director	YUEHAI STREET, NANSHAN DISTRICT, SHENZHEN F4 518054
Xiangjun Wang	director	JINGTIAN EAST ROAD, FUTIAN DISTRICT, SHENZHEN F4 518000
Qun Xie	director, officer: Chief Strategy Officer	NO. 6 MIDDLE XIERQI ROAD, ROOM 104, HAIDIAN DISTRICT, BEIJING F4 100085
Yang Jie	10 percent owner	108 WOOLEYS LN, GREAT NECK NJ 11023
Boling Liu	director	BAO'AN AVE, BAOAN QU, SHENZHEN,GUANGDONG F4 518102
Teck Chuan Yeo	director	17 MIMOSA VIEW, SINGAPORE U0 8055697
Mingjie Zhao	director, officer: Chief Executive Officer	190-19 50TH AVE, FRESH MEADOWS NY 11365
Weiliang Jie	director	BUILDING B, JINGANG HUATING, SHENZHEN F4 00000
Qinyan Yang	director	C/O CHINA COMMERICIAL CREDIT, NO. 1688, YUNLI ROAD TONGLI, WUJIANG JIANGSU PROVINCE F4 215200
Bo Xu	director	C/O CHINA COMMERICIAL CREDIT, NO. 1688, YUNLI ROAD TONGLI, WUJIANG JIANGSU PROVINCE F4 215200
Jingeng Ling	director	NO. 1688, YUNLI ROAD, TONGLI, WUJIANG, JIANGSU PROVINCE F4 0000000000
Xiangdong Xiao	director	NO.1688, YUNLI ROAD, TONGLI, WUJIANG, JIANGSU PROVINCE F4 0000000000
Jianmin Yin	director	NO. 1688, YUNLI ROAD, TONGLI, WUJIANG, JIANGSU PROVINCE F4 0000000000