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Hubei Radio & Television Information Network Co (SZSE:000665) Days Inventory : 20.43 (As of Mar. 2024)


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What is Hubei Radio & Television Information Network Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hubei Radio & Television Information Network Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥97 Mil. Hubei Radio & Television Information Network Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥431 Mil. Hence, Hubei Radio & Television Information Network Co's Days Inventory for the three months ended in Mar. 2024 was 20.43.

The historical rank and industry rank for Hubei Radio & Television Information Network Co's Days Inventory or its related term are showing as below:

SZSE:000665' s Days Inventory Range Over the Past 10 Years
Min: 1   Med: 10.05   Max: 18.34
Current: 14.74

During the past 13 years, Hubei Radio & Television Information Network Co's highest Days Inventory was 18.34. The lowest was 1.00. And the median was 10.05.

SZSE:000665's Days Inventory is ranked better than
61.22% of 655 companies
in the Media - Diversified industry
Industry Median: 26.06 vs SZSE:000665: 14.74

Hubei Radio & Television Information Network Co's Days Inventory increased from Mar. 2023 (15.87) to Mar. 2024 (20.43). It might indicate that Hubei Radio & Television Information Network Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hubei Radio & Television Information Network Co's Inventory Turnover for the three months ended in Mar. 2024 was 4.47.

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. Hubei Radio & Television Information Network Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.21.


Hubei Radio & Television Information Network Co Days Inventory Historical Data

The historical data trend for Hubei Radio & Television Information Network Co'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.

Hubei Radio & Television Information Network Co Days Inventory Chart

Hubei Radio & Television Information Network Co 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 1.00 4.69 14.38 17.26 18.34

Hubei Radio & Television Information Network Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only 15.87 13.02 12.23 14.82 20.43

Competitive Comparison of Hubei Radio & Television Information Network Co's Days Inventory

For the Broadcasting subindustry, Hubei Radio & Television Information Network Co'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.


Hubei Radio & Television Information Network Co's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hubei Radio & Television Information Network Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hubei Radio & Television Information Network Co's Days Inventory falls into.



Hubei Radio & Television Information Network Co Days Inventory Calculation

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

Hubei Radio & Television Information Network Co'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
=( (82.25 + 117.267) / 2 ) / 1985.84*365
=99.7585 / 1985.84*365
=18.34

Hubei Radio & Television Information Network Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (117.267 + 75.906) / 2 ) / 431.398*365 / 4
=96.5865 / 431.398*365 / 4
=20.43

* 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.


Hubei Radio & Television Information Network Co  (SZSE:000665) 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.

Hubei Radio & Television Information Network Co's Inventory Turnover for the three months ended in Mar. 2024 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.

Hubei Radio & Television Information Network Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


Hubei Radio & Television Information Network Co Days Inventory Related Terms

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Hubei Radio & Television Information Network Co (SZSE:000665) Business Description

Traded in Other Exchanges
N/A
Address
No. 101, Zhongbei Road, Industrial Zone, Wuhan Economic and Technological Development Zone, Hubei Province, Wuhan, CHN, 430071
Hubei Radio & Television Information Network Co Ltd is a China-based company engaged in the operation of digital cable TV industry, research and development of cable TV products and agency work of advertising, movies, TV, and animation, and planning of film and television featured films. It comprises OTT full-service platform terminal, which is a collection of standard-definition TV, HDTV, interactive on-demand, time-shifting, and application.

Hubei Radio & Television Information Network Co (SZSE:000665) Headlines

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