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Eastern Media International (TPE:2614) Days Inventory : 41.57 (As of Mar. 2024)


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What is Eastern Media International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Eastern Media International's Average Total Inventories for the three months ended in Mar. 2024 was NT$447 Mil. Eastern Media International's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$981 Mil. Hence, Eastern Media International's Days Inventory for the three months ended in Mar. 2024 was 41.57.

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

TPE:2614' s Days Inventory Range Over the Past 10 Years
Min: 7.22   Med: 30.37   Max: 153.9
Current: 40.7

During the past 13 years, Eastern Media International's highest Days Inventory was 153.90. The lowest was 7.22. And the median was 30.37.

TPE:2614's Days Inventory is ranked better than
72.44% of 450 companies
in the Conglomerates industry
Industry Median: 75.05 vs TPE:2614: 40.70

Eastern Media International's Days Inventory declined from Mar. 2023 (43.36) to Mar. 2024 (41.57).

Inventory Turnover measures how fast the company turns over its inventory within a year. Eastern Media International's Inventory Turnover for the three months ended in Mar. 2024 was 2.20.

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. Eastern Media International's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.31.


Eastern Media International Days Inventory Historical Data

The historical data trend for Eastern Media International'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.

Eastern Media International Days Inventory Chart

Eastern Media International 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 153.90 35.68 36.18 39.34 40.75

Eastern Media International 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 43.36 43.29 40.60 37.51 41.57

Competitive Comparison of Eastern Media International's Days Inventory

For the Conglomerates subindustry, Eastern Media International'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.


Eastern Media International's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Eastern Media International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Eastern Media International's Days Inventory falls into.



Eastern Media International Days Inventory Calculation

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

Eastern Media International'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
=( (466.102 + 456.078) / 2 ) / 4129.952*365
=461.09 / 4129.952*365
=40.75

Eastern Media International'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
=( (456.078 + 437.489) / 2 ) / 980.76*365 / 4
=446.7835 / 980.76*365 / 4
=41.57

* 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.


Eastern Media International  (TPE:2614) 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.

Eastern Media International'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.

Eastern Media International'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.


Eastern Media International Days Inventory Related Terms

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


Eastern Media International (TPE:2614) Business Description

Traded in Other Exchanges
N/A
Address
Fuxing South Road, 5th Floor, 8th Floor., No. 368, Section 1, Da'an District, Taipei, TWN, 106
Eastern Media International Corp is mainly based on business diversification. In addition to land development, grain trading, and consumer product development and sales, the company has diversified into new businesses such as cross-strait trade platforms and multimedia shopping through its investment in subsidiaries. It engages in forwarding, loading, and unloading cargo onto/from ships, handling and operating wharf and transit shed facilities, selling pet food and supplies, providing pet beauty service, video advertising services, and the production of related shows.

Eastern Media International (TPE:2614) Headlines

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