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China Literature (FRA:C2X) Days Inventory : 69.70 (As of Dec. 2023)


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What is China Literature Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Literature's Average Total Inventories for the six months ended in Dec. 2023 was €96.2 Mil. China Literature's Cost of Goods Sold for the six months ended in Dec. 2023 was €252.0 Mil. Hence, China Literature's Days Inventory for the six months ended in Dec. 2023 was 69.70.

The historical rank and industry rank for China Literature's Days Inventory or its related term are showing as below:

FRA:C2X' s Days Inventory Range Over the Past 10 Years
Min: 26.62   Med: 51.33   Max: 211.73
Current: 75.94

During the past 10 years, China Literature's highest Days Inventory was 211.73. The lowest was 26.62. And the median was 51.33.

FRA:C2X's Days Inventory is ranked worse than
70.71% of 239 companies
in the Interactive Media industry
Industry Median: 16.64 vs FRA:C2X: 75.94

China Literature's Days Inventory declined from Dec. 2022 (84.41) to Dec. 2023 (69.70).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Literature's Inventory Turnover for the six months ended in Dec. 2023 was 2.62.

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. China Literature's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.20.


China Literature Days Inventory Historical Data

The historical data trend for China Literature'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.

China Literature Days Inventory Chart

China Literature Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.82 50.63 52.53 72.64 77.47

China Literature Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.09 64.94 84.41 84.34 69.70

Competitive Comparison of China Literature's Days Inventory

For the Internet Content & Information subindustry, China Literature'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.


China Literature's Days Inventory Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, China Literature's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Literature's Days Inventory falls into.



China Literature Days Inventory Calculation

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

China Literature's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (102.944 + 95.507) / 2 ) / 467.519*365
=99.2255 / 467.519*365
=77.47

China Literature's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (96.97 + 95.507) / 2 ) / 251.983*365 / 2
=96.2385 / 251.983*365 / 2
=69.70

* 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.


China Literature  (FRA:C2X) 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.

China Literature's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

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.

China Literature's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

* 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.


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.


China Literature Days Inventory Related Terms

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


China Literature (FRA:C2X) Business Description

Traded in Other Exchanges
Address
No. 5169 Binjiang Avenue, N3 Lujiazui Binjiang Center, Pudong New Area, Shanghai, CHN, 200135
China Literature Ltd is an investment holding company. The company along with its subsidiaries provides online reading services, copyright commercialization, writer cultivation and brokerage, and operation of text work reading. It generates its revenue from Online reading through self-owned platform products. it operates in two segments: Online business and Intellectual property operations and others. The Online business segment that derives the majority of revenue comprises online paid reading, online advertising, and game publishing. The Intellectual property operations and others segment includes licensing and distribution of film and television properties, copyrights licensing, sales of adaptation rights and scripts, sales of physical books, in-house online games operations.

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