Beijing Dynamic Power Co (SHSE:600405) Inventory Turnover : 0.27 (As of Mar. 2024)

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What is Beijing Dynamic Power 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 Dynamic Power Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥96.6 Mil. Beijing Dynamic Power Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥361.1 Mil. Beijing Dynamic Power Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing Dynamic Power Co's Days Inventory for the three months ended in Mar. 2024 was 341.21.

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 Dynamic Power Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.91.

Beijing Dynamic Power Co Inventory Turnover Historical Data

The historical data trend for Beijing Dynamic Power 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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Beijing Dynamic Power Co Inventory Turnover Chart

Beijing Dynamic Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.96

3.05

1.94

2.21

1.55

Beijing Dynamic Power 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															0.29	0.43	0.35	0.37	0.27

Beijing Dynamic Power Co Inventory Turnover Calculation

Beijing Dynamic Power 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 )
=	608.931	/ (	(427.539	+	357.588)	/	2 )
=	608.931	/	392.5635
=	1.55

Beijing Dynamic Power 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 )
=	96.571	/ (	(357.588	+	364.617)	/	2 )
=	96.571	/	361.1025
=	0.27

Beijing Dynamic Power Co (SHSE:600405) 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 Dynamic Power 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
	=	361.1025	/	96.571	*	365 / 4
	=	341.21

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 Dynamic Power 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 )
	=	361.1025	/	123.939
	=	2.91

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 Dynamic Power Co Inventory Turnover Related Terms

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Beijing Dynamic Power Co (SHSE:600405) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing Dynamic Power Co Ltd (SHSE:600405) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 8 Xing Huo Road, Technology Park, Fengtai District, Beijing, Beijing, CHN, 100070

Website

http://www.dpc.com.cn

Beijing Dynamic Power Co Ltd is a power electronics manufacturer in China. Its products include switch mode communication power systems, including embedded, wall-mounted, outdoor, AC, and DC, and 24V series intelligent switch mode type communication power systems; and portable emergency repair power supply products, communication and distribution products, and communication converters, as well as sub-rack power systems and rectifier modules.

Executives

Zhang Dong Sheng	senior management
Ni Xin Yuan	Director
Wu Yong Li	Supervisors
Wu Qiong	Director
Zhou Wei Jun	Director
Tian Chang Zeng	Director
Guo Yu Jie	senior management
Huang Hai	Supervisors
Li Peng	senior management
Tai Lin	Director
Hu Yi Yuan	Director
Han Bao Rong	senior management
Zhang Shou Cai	Director
Qu Chun Hong	Director
Li Yin Feng	Supervisors

Beijing Dynamic Power Co (SHSE:600405) Headlines

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