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China 33 Media Group (HKSE:08087) Days Inventory : 0.00 (As of Dec. 2023)


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What is China 33 Media Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China 33 Media Group's Average Total Inventories for the three months ended in Dec. 2023 was HK$0.00 Mil. China 33 Media Group's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$3.47 Mil. Hence, China 33 Media Group's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for China 33 Media Group's Days Inventory or its related term are showing as below:

HKSE:08087's Days Inventory is not ranked *
in the Media - Diversified industry.
Industry Median: 26.37
* Ranked among companies with meaningful Days Inventory only.

China 33 Media Group's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

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

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 33 Media Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


China 33 Media Group Days Inventory Historical Data

The historical data trend for China 33 Media 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.

China 33 Media Group Days Inventory Chart

China 33 Media Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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China 33 Media Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of China 33 Media Group's Days Inventory

For the Entertainment subindustry, China 33 Media 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.


China 33 Media Group's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China 33 Media Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where China 33 Media Group's Days Inventory falls into.



China 33 Media Group Days Inventory Calculation

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

China 33 Media Group'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
=( (0 + 0) / 1 ) / 20.582*365
=0 / 20.582*365
=0.00

China 33 Media Group'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 3.466*365 / 4
=0 / 3.466*365 / 4
=0.00

* 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 33 Media Group  (HKSE:08087) 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 33 Media Group's Inventory Turnover for the three 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 33 Media Group's Inventory to Revenue for the three 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 33 Media Group Days Inventory Related Terms

Thank you for viewing the detailed overview of China 33 Media Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


China 33 Media Group (HKSE:08087) Business Description

Traded in Other Exchanges
N/A
Address
20 Jiuxianqiao Road, Unit 410-412, 4th Floor, Chaoyang District, One Indigo, Beijing, CHN
China 33 Media Group Ltd is engaged in outdoor and digital advertising, film and entertainment investment, prepaid card business as well as printed media advertising. Its segments are printed media advertising; outdoor and digital advertising; film and entertainment investment; and prepaid cards. It derives the majority of the revenue from the outdoor and digital advertising segment that generates income from online advertising through mobile applications and websites, etc. as well as the sale of advertising spaces on the billboards and LEDs installed at certain railway stations, and revenue from promotion campaigns conducted in train stations.
Executives
Liu Sibin 2202 Interest of your spouse
Broad Win Limited 2201 Interest of corporation controlled by you
Joint Loyal Limited 2201 Interest of corporation controlled by you
Lin Pintong 2201 Interest of corporation controlled by you
Lizhong Limited 2101 Beneficial owner
Pan Xiaoying 2202 Interest of your spouse
China Investment And Finance Group Limited 2201 Interest of corporation controlled by you
New Express Investment Limited 2101 Beneficial owner
Ruan Deqing 2101 Beneficial owner

China 33 Media Group (HKSE:08087) Headlines

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