GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Beijing Urban Construction Investment & Development Co Ltd (SHSE:600266) » Definitions » Inventory Turnover

Beijing Urban Construction Investment & Development Co (SHSE:600266) Inventory Turnover : 0.01 (As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Beijing Urban Construction Investment & Development 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 Urban Construction Investment & Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥905 Mil. Beijing Urban Construction Investment & Development Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥91,255 Mil. Beijing Urban Construction Investment & Development Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing Urban Construction Investment & Development Co's Days Inventory for the three months ended in Mar. 2024 was 9,204.40.

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 Urban Construction Investment & Development Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 73.93.


Beijing Urban Construction Investment & Development Co Inventory Turnover Historical Data

The historical data trend for Beijing Urban Construction Investment & Development 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.

* Premium members only.

Beijing Urban Construction Investment & Development Co Inventory Turnover Chart

Beijing Urban Construction Investment & Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.11 0.21 0.23 0.17

Beijing Urban Construction Investment & Development 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.07 0.05 0.04 0.01

Beijing Urban Construction Investment & Development Co Inventory Turnover Calculation

Beijing Urban Construction Investment & Development 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 )
=16210.967 / ((95838.117 + 91219.755) / 2 )
=16210.967 / 93528.936
=0.17

Beijing Urban Construction Investment & Development 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 )
=904.679 / ((91219.755 + 91290.401) / 2 )
=904.679 / 91255.078
=0.01

* 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.


Beijing Urban Construction Investment & Development Co  (SHSE:600266) 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 Urban Construction Investment & Development 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
=91255.078/904.679*365 / 4
=9,204.40

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 Urban Construction Investment & Development 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 )
=91255.078 / 1234.278
=73.93

* 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.


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 Urban Construction Investment & Development Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Beijing Urban Construction Investment & Development Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Urban Construction Investment & Development Co (SHSE:600266) Business Description

Traded in Other Exchanges
N/A
Address
Daliushu Fuhai Center Building 2, 19th Floor, Haidian District, Chaoyang District, Beijing, CHN, 100029
Beijing Urban Construction Investment & Development Co Ltd is a China-based company engaged in the development and operation of commercial and residential real estate. The company is also involved in sewage treatment.

Beijing Urban Construction Investment & Development Co (SHSE:600266) Headlines

No Headlines