Beijing Career International Co (SZSE:300662) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Beijing Career International 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 Career International Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,473 Mil. Beijing Career International Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing Career International Co's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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 Career International Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Beijing Career International Co Inventory Turnover Historical Data

The historical data trend for Beijing Career International 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 Career International Co Inventory Turnover Chart

Beijing Career International Co Annual Data

Trend

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Dec23

Inventory Turnover

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Beijing Career International 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															-	-	-	-	-

Beijing Career International Co Inventory Turnover Calculation

Beijing Career International 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 )
=	9063.516	/ (	(0	+	0)	/	1 )
=	9063.516	/	0
=	N/A

Beijing Career International 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 )
=	2473.149	/ (	(0	+	0)	/	1 )
=	2473.149	/	0
=	N/A

Beijing Career International Co (SZSE:300662) 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 Career International 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
	=	0	/	2473.149	*	365 / 4
	=	0.00

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 Career International 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 )
	=	0	/	2639.371
	=	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.

Beijing Career International Co Inventory Turnover Related Terms

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Beijing Career International Co (SZSE:300662) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Beijing Career International Co Ltd (SZSE:300662) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Chaoyangmenwai Street, Room 1301, China Life Building, Chaoyang District, Beijing, CHN, 100020

Website

http://www.careerintlinc.com

Beijing Career International Co Ltd is a China based talent solutions provider. It offers human resource services. The company provides executive search, recruitment process outsourcing (RPO), recruitment training, flexible staffing, sales and marketing outsourcing, campus recruitment, training and talent acquisition consulting, and others.

Executives

Sun Man Juan	Supervisors
Chen Song	Directors, executives
Wang Zhen	Directors, executives
Ceng Cheng	Executives
You Ting Ting	Executives
Duan Li Xin	Executives
Wang Tian Peng	Directors, executives

Beijing Career International Co (SZSE:300662) Headlines

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