BlueFocus Communication Group Co (SZSE:300058) Inventory Turnover : 2,457.49 (As of Mar. 2024)

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What is BlueFocus Communication Group 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. BlueFocus Communication Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥15,318 Mil. BlueFocus Communication Group Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥6 Mil. BlueFocus Communication Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2,457.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BlueFocus Communication Group Co's Days Inventory for the three months ended in Mar. 2024 was 0.04.

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. BlueFocus Communication Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

BlueFocus Communication Group Co Inventory Turnover Historical Data

The historical data trend for BlueFocus Communication Group 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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BlueFocus Communication Group Co Inventory Turnover Chart

BlueFocus Communication Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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30,078.28

6,230.89

6,324.75

BlueFocus Communication Group 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															894.96	1,065.08	1,262.42	1,880.67	2,457.49

BlueFocus Communication Group Co Inventory Turnover Calculation

BlueFocus Communication Group 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 )
=	50806.706	/ (	(9.974	+	6.092)	/	2 )
=	50806.706	/	8.033
=	6,324.75

BlueFocus Communication Group 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 )
=	15317.534	/ (	(6.092	+	6.374)	/	2 )
=	15317.534	/	6.233
=	2,457.49

BlueFocus Communication Group Co (SZSE:300058) 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.

BlueFocus Communication Group 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
	=	6.233	/	15317.534	*	365 / 4
	=	0.04

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.

BlueFocus Communication Group 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 )
	=	6.233	/	15781.723
	=	0.00

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.

BlueFocus Communication Group Co Inventory Turnover Related Terms

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BlueFocus Communication Group Co (SZSE:300058) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » BlueFocus Communication Group Co Ltd (SZSE:300058) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

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Address

C9, Universal Creative Park, Chaoyang District, Beijing, CHN, 100015

Website

http://www.bluefocusgroup.com

BlueFocus Communication Group Co Ltd provides marketing and brand management services in China and internationally. It offers marketing and brand management services across various disciplines, including strategy, digital, advertising, media, social, PR, design, branding, CRM, data, e-commerce, and mobile solutions to various multinational companies and Chinese enterprises, such as IT, automobile, consumer goods, real estate, finance, and entertainment industries.

Executives

Pan An Min	Directors, executives
Xiong Jian	Directors, executives
Luo Lu	Supervisors
Jiang Xi Liang	Director
Xu Zhi Ping	Directors, Directors, and Executives
Zhao Wen Quan	Directors, executives
Wu Tie	Director
Chen Jian Hong	Executives
Mao Yu Hui	Director
Liu Lu	Supervisors
Tian Wen Kai	Executives

BlueFocus Communication Group Co (SZSE:300058) Headlines

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