For example, dairy industry, *st Yili 8.44%, Beixin Building Materials 3.77%.
Because: inventory turnover rate = total annual sales cost/inventory x 100%
So: annual sales cost = inventory turnover rate * inventory.
Yili annual sales cost =0.0844* inventory.
What you said is not that all the indicators of the rate should be%, which is very enlightening.
= = = = = = Do as you say, the average annual inventory is 654.38+07 billion, and it is impossible to sell 3.5 billion a day. So close to the fact that it sells 4 million a day.
000626 Why is the inventory turnover rate of self-operated and agent import and export business of various commodities and technologies in the industry low, and the domestic trade business is not well done?
What is the inventory turnover rate? 1, inventory turnover rate is an index to measure and evaluate the management status of enterprises in purchasing inventory, putting into production, sales recovery and other aspects. It is the ratio of cost of sales to average inventory balance, also known as inventory turnover times. The inventory turnover expressed in time is the inventory turnover days.
2. The calculation formula is as follows:
① Inventory turnover rate = cost of sales ÷ average inventory balance
② Inventory turnover days = 360 ÷ inventory turnover rate
Note: Average inventory balance = (surviving opening balance+ending inventory balance) ÷2
3. Generally speaking, the faster the inventory turnover rate, the lower the inventory occupancy level, the stronger the liquidity, and the faster the inventory can be converted into cash or accounts receivable, indicating that the inventory management efficiency of enterprises is higher. Increasing the inventory turnover rate can improve the liquidity of enterprises.
exceed
How to improve the inventory turnover rate = [(net inventory at the beginning+net inventory at the end) /2]/ (operating cost at the reporting period /365)
You can improve the inventory turnover rate by reducing the inventory turnover days.
From the formula, it is necessary to reduce the inventory quantity and increase the operating cost during the reporting period.
From the actual operation analysis, it is necessary to reduce the time of inventory in the warehouse.
For production enterprises, if the price of raw materials fluctuates greatly, it is best to stock up according to the order, which can effectively improve the inventory turnover speed.
1. Reduce inventory and increase commodity sales.
Reduce inventory by maintaining a stable relationship with suppliers, transferring inventory to suppliers for storage, and purchasing in real time when necessary.
2. Increase sales and productivity.
Improve sales and productivity, so that the number of sales increases significantly, thereby improving inventory turnover.
3. Produce marketable products
Eliminate backward products and adjust the inventory structure in time according to market conditions.
4. Clean up unsalable products
For long-term unsalable goods stored in the warehouse, they can be sold at a discount and handled in time. Deteriorating and damaged inventory should be cleaned up in time.
5. The order frequency increases, and it is executed several times.
How to analyze inventory turnover rate? Operating cost/[(beginning inventory+ending inventory) /2]
Inventory turnover rate of clothing enterprises = main business cost/average inventory.
Take the well-known Shanshan Group in China as an example: 1996. Its commercial company has grown to 2 1, covering all regions of the country except Tibet, with 120 specialty stores and more than 600 monopoly halls. At this time, the market share of Shanshan suit has reached 25% of similar products, once leading the second place by nearly 20 percentage points. 1997, the sales of Chinese fir reached 21900,000 yuan. During this period, Shanshan developed at the rate of at least 20 stores per year. However, the market changed face overnight. In a buyer's market with excess products, consumers can't 100% like a product, and some accept it and some don't. This marketing system formed under the background of planned economy has brought thousands of sales outlets and thousands of warehouses to Shanshan.
Usually faced with a large backlog of clothes in the warehouse, enterprises often have to take the following measures to deal with the inventory: for example, setting up a special sale in a big shopping mall or setting up a specialty store; Distribute the goods in stock to customers and distributors as promotional gifts; Change the circulation channels, take the wholesale market sales, etc. In order to recover some funds as soon as possible and avoid greater losses. In this case, the position of business operators is very embarrassing. In this case, when there is overcapacity and discounts everywhere, it is often wishful thinking to deal with inventory. On the one hand, even if the price is reduced, the inventory may not be sold. On the other hand, price reduction will inevitably affect the overall image and price system of the brand, and it will also easily lead to conflicts between shopping malls and wholesalers, and at the same time reduce customers' loyalty to products. If you insist on no discount, because the life cycle of clothing products is short, it is easy to fall behind, and it will only depreciate more and more in the warehouse, and finally become a pile of waste cloth.
Why is the inventory problem of clothing enterprises so prominent and acute? Among them, * * * problems may exist in the inventory management of general enterprises, but they are more related to the characteristics of the clothing industry. The market demand of clothing changes rapidly with the change of seasons and fashions, which is the case with the traditional ordering procedure in the clothing industry. First, the downstream franchisees or direct stores order, and the headquarters can go to production. It often takes 70 days from material preparation, production to distribution. At this point, the peak season has passed. This is the traditional logistics mode of clothing industry. The goods produced by the processing plant are sent to the company's material center and then distributed to various distribution centers or branches all over the country. Every warehouse or logistics center will have turnover inventory, that is to say, if there is only one item, five items may be prepared for this item, and such a huge inventory may completely drag down the clothing enterprises.
It is difficult to answer the question of how reasonable the inventory turnover rate of the retail industry is. This is a long process. You should multiply the good ones according to your sales volume, and basically don't keep the bad ones, but it still depends on whether your goods have seasons, fashion trends, practicality and many other aspects. Think about how to purchase goods!