Beauty Farm Medical & Health Industry (HKSE:02373) Inventory Turnover : 3.31 (As of Dec. 2023)

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What is Beauty Farm Medical & Health Industry 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. Beauty Farm Medical & Health Industry's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$666 Mil. Beauty Farm Medical & Health Industry's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$201 Mil. Beauty Farm Medical & Health Industry's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beauty Farm Medical & Health Industry's Days Inventory for the six months ended in Dec. 2023 was 55.13.

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. Beauty Farm Medical & Health Industry's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.17.

Beauty Farm Medical & Health Industry Inventory Turnover Historical Data

The historical data trend for Beauty Farm Medical & Health Industry'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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Beauty Farm Medical & Health Industry Inventory Turnover Chart

Beauty Farm Medical & Health Industry Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

9.03

11.66

11.80

7.37

7.02

Beauty Farm Medical & Health Industry Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial			5.13	3.84	3.75	3.43	3.31

Beauty Farm Medical & Health Industry Inventory Turnover Calculation

Beauty Farm Medical & Health Industry'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 )
=	1277.496	/ (	(158.894	+	205.18)	/	2 )
=	1277.496	/	182.037
=	7.02

Beauty Farm Medical & Health Industry's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	666.333	/ (	(197.412	+	205.18)	/	2 )
=	666.333	/	201.296
=	3.31

Beauty Farm Medical & Health Industry (HKSE:02373) 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.

Beauty Farm Medical & Health Industry's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	201.296	/	666.333	*	365 / 2
	=	55.13

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.

Beauty Farm Medical & Health Industry's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	201.296	/	1212.124
	=	0.17

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.

Beauty Farm Medical & Health Industry Inventory Turnover Related Terms

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Beauty Farm Medical & Health Industry (HKSE:02373) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Beauty Farm Medical & Health Industry Inc (HKSE:02373) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

XC5:Germany

Address

No.1089 Dongdaming Road, Unit 1206, 12th Floor, Hongkou District, Shanghai, CHN

Website

https://www.beautyfarm.com.cn

Beauty Farm Medical & Health Industry Inc is an investment holding company. The Company and its subsidiaries are principally engaged in providing beauty and health management service, including traditional beauty services, aesthetic medical services as well as subhealth assessment and intervention services in the People's Republic of China.

Executives

Li Yang	2202 Interest of your spouse
Li Fangyu	2101 Beneficial owner
Lian Songyong	2103 Interests held jointly with another person
Chen Xiaomei	2101 Beneficial owner
Trident Trust Company (hk) Limited	2201 Interest of corporation controlled by you
Shang Hai Pan Xin Yan Zhao Tou Zi Zi Xun You Xian Gong Si
Shang Hai Pan Xin Jia Ceng Tou Zi Guan Li You Xian Gong Si
Shang Hai You De Gu Quan Tou Zi Zhong Xin You Xian He Huo
Shang Hai Xin Zhi Yu Yuan Qi Ye Guan Li He Huo Qi Ye You Xian He Huo
Shang Hai Pan Nuo Qi Ye Guan Li Fu Wu You Xian Gong Si
Bei Jing You De Tou Zi Guan Li Zhong Xin You Xian He Huo
Bei Jing Xin Yu Tou Zi Zhong Xin You Xian He Huo
Zhong Xin Chan Ye Tou Zi Ji Jin Guan Li You Xian Gong Si
Liansy Family Holdings Limited	2201 Interest of corporation controlled by you
Lfye Management Holdings Limited	2201 Interest of corporation controlled by you

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