Poly Culture Group (FRA:0P4) Days Inventory : 360.79 (As of Jun. 2023)

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What is Poly Culture Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Poly Culture Group's Average Total Inventories for the six months ended in Jun. 2023 was €293.3 Mil. Poly Culture Group's Cost of Goods Sold for the six months ended in Jun. 2023 was €148.4 Mil. Hence, Poly Culture Group's Days Inventory for the six months ended in Jun. 2023 was 360.79.

The historical rank and industry rank for Poly Culture Group's Days Inventory or its related term are showing as below:

FRA:0P4' s Days Inventory Range Over the Past 10 Years
Min: 263.57 Med: 338.77 Max: 533.63
Current: 369.22

During the past 11 years, Poly Culture Group's highest Days Inventory was 533.63. The lowest was 263.57. And the median was 338.77.

FRA:0P4's Days Inventory is not ranked
in the Media - Diversified industry.
Industry Median: 25.75 vs FRA:0P4: 369.22

Poly Culture Group's Days Inventory declined from Jun. 2022 (640.45) to Jun. 2023 (360.79).

Inventory Turnover measures how fast the company turns over its inventory within a year. Poly Culture Group's Inventory Turnover for the six months ended in Jun. 2023 was 0.51.

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. Poly Culture Group's Inventory-to-Revenue for the six months ended in Jun. 2023 was 1.44.

Poly Culture Group Days Inventory Historical Data

The historical data trend for Poly Culture Group's Days Inventory 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.

* Premium members only.

Poly Culture Group Days Inventory Chart

Poly Culture Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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307.44

313.31

533.63

366.55

478.26

Poly Culture Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial															402.95	349.31	640.45	378.52	360.79

Competitive Comparison of Poly Culture Group's Days Inventory

For the Entertainment subindustry, Poly Culture Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Poly Culture Group's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Poly Culture Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Poly Culture Group's Days Inventory falls into.

Poly Culture Group Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Poly Culture Group's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (312.444	+	302.034)	/	2 )	/	234.48	*	365
=	307.239					/	234.48	*	365
=	478.26

Poly Culture Group's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (302.034	+	284.516)	/	2 )	/	148.35	*	365 / 2
=	293.275					/	148.35	*	365 / 2
=	360.79

Poly Culture Group (FRA:0P4) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Poly Culture Group's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	148.35	/	293.275
	=	0.51

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.

Poly Culture Group's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	293.275	/	203.243
	=	1.44

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Poly Culture Group Days Inventory Related Terms

Thank you for viewing the detailed overview of Poly Culture Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Poly Culture Group (FRA:0P4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Poly Culture Group Corporation Ltd (FRA:0P4) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 North Street of Chaoyangmen, District A, B and C, 11th Floor, Dongcheng District, Beijing, CHN, 100010

Website

http://www.polyculture.com.cn

Poly Culture Group Corporation Ltd is engaged in art business and auction, performance and theater management, and cinema investment and management. Its Art business and the auction include buy and sell antiques, modern and contemporary calligraphy and painting, ancient calligraphy and painting, oil painting and sculpture, and other cultural relics and artwork. It also provides artwork investment consultation and other services. Performance and theatre management, which is the key revenue driver, includes daily management of the theatre, the arrangement of performances, leases of theatres and theatre design consultation services. Cinema Investment and management includes cinema construction and cinema operation. It earns the majority of its revenue in Mainland China.

Poly Culture Group (FRA:0P4) Headlines

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