Days Inventory is also known as Days Sales of Inventory (DSI). Sing Tao News's Average Total Inventories for the
six
months ended in Dec. 2023 was HK$24.8 Mil. Sing Tao News's Cost of Goods Sold for the
six
months ended in Dec. 2023 was HK$284.7 Mil.
Hence, Sing Tao News's Days Inventory for the
six
months ended in Dec. 2023 was 15.88.
The historical rank and industry rank for Sing Tao News's Days Inventory or its related term are showing as below:
HKSE:01105'
s Days Inventory Range Over the Past 10 Years
Min: 16.96 Med: 19.78 Max: 23.47
Current: 18.57
During the past 13 years, Sing Tao News's highest Days Inventory was 23.47. The lowest was 16.96. And the median was 19.78.
HKSE:01105's Days Inventory is ranked better than 56.93% of 657
companies
in the Media - Diversified industry
Industry Median: 26.06
vs HKSE:01105: 18.57
Sing Tao News's Days Inventory
declined
from Dec. 2022 (23.75) to Dec. 2023 (15.88).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sing Tao News's Inventory Turnover for the
six
months ended in Dec. 2023 was 11.50.
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.
Sing Tao News's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.06.
Sing Tao News Days Inventory Historical Data
The historical data trend for Sing Tao News'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.
Competitive Comparison of Sing Tao News's Days Inventory
For the Publishing subindustry, Sing Tao News'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.
Sing Tao News's Days Inventory Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Sing Tao News's Days Inventory distribution charts can be found below:
* The bar in red indicates where Sing Tao News's Days Inventory falls into.
Sing Tao News Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sing Tao News's Days Inventory for the fiscal year that 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.
Sing Tao News (HKSE:01105) 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.
Sing Tao News'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.
Sing Tao News'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.
Sing Tao News Days Inventory Related Terms
Thank you for viewing the detailed overview of Sing Tao News's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Sing Tao News Corp Ltd is an investment holding company. It is principally engaged in the business of publishing and distribution of newspapers, magazines and books to readers in Hong Kong, Canada, the United States of America and Europe, and sales of respective content of such publications in the People's Republic of China including Hong Kong.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:01105 has been successfully added to your 