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Jiangsu Broadcasting Cable Information Network (SHSE:600959) Days Inventory : 103.75 (As of Mar. 2024)


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What is Jiangsu Broadcasting Cable Information Network Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jiangsu Broadcasting Cable Information Network's Average Total Inventories for the three months ended in Mar. 2024 was ¥1,612 Mil. Jiangsu Broadcasting Cable Information Network's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,418 Mil. Hence, Jiangsu Broadcasting Cable Information Network's Days Inventory for the three months ended in Mar. 2024 was 103.75.

The historical rank and industry rank for Jiangsu Broadcasting Cable Information Network's Days Inventory or its related term are showing as below:

SHSE:600959' s Days Inventory Range Over the Past 10 Years
Min: 31.4   Med: 62.64   Max: 110.3
Current: 110.3

During the past 13 years, Jiangsu Broadcasting Cable Information Network's highest Days Inventory was 110.30. The lowest was 31.40. And the median was 62.64.

SHSE:600959's Days Inventory is ranked worse than
77.25% of 655 companies
in the Media - Diversified industry
Industry Median: 26.06 vs SHSE:600959: 110.30

Jiangsu Broadcasting Cable Information Network's Days Inventory declined from Mar. 2023 (119.17) to Mar. 2024 (103.75).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Broadcasting Cable Information Network's Inventory Turnover for the three months ended in Mar. 2024 was 0.88.

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. Jiangsu Broadcasting Cable Information Network's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.87.


Jiangsu Broadcasting Cable Information Network Days Inventory Historical Data

The historical data trend for Jiangsu Broadcasting Cable Information Network'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.

Jiangsu Broadcasting Cable Information Network Days Inventory Chart

Jiangsu Broadcasting Cable Information Network 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 57.97 62.88 78.49 96.57 99.36

Jiangsu Broadcasting Cable Information Network 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 119.17 117.98 136.03 88.75 103.75

Competitive Comparison of Jiangsu Broadcasting Cable Information Network's Days Inventory

For the Broadcasting subindustry, Jiangsu Broadcasting Cable Information Network'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.


Jiangsu Broadcasting Cable Information Network's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Jiangsu Broadcasting Cable Information Network's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jiangsu Broadcasting Cable Information Network's Days Inventory falls into.



Jiangsu Broadcasting Cable Information Network Days Inventory Calculation

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

Jiangsu Broadcasting Cable Information Network'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
=( (1654.828 + 1485.685) / 2 ) / 5768.531*365
=1570.2565 / 5768.531*365
=99.36

Jiangsu Broadcasting Cable Information Network'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
=( (1485.685 + 1738.973) / 2 ) / 1418.093*365 / 4
=1612.329 / 1418.093*365 / 4
=103.75

* 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.


Jiangsu Broadcasting Cable Information Network  (SHSE:600959) 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.

Jiangsu Broadcasting Cable Information Network'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.

Jiangsu Broadcasting Cable Information Network'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.


Jiangsu Broadcasting Cable Information Network Days Inventory Related Terms

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Jiangsu Broadcasting Cable Information Network (SHSE:600959) Business Description

Traded in Other Exchanges
N/A
Address
Number 4, Beijing East Road, 25th Floor, Jiangsu Radio and Television City, Jiangsu Province, Nanjing, CHN, 210008
Jiangsu Broadcasting Cable Information Network Corp Ltd is a China-based company engaged in the construction and operation of broadcasting and television networks, the development and operation of radio and television program transmission, data broadband services and digital TV value-added services.

Jiangsu Broadcasting Cable Information Network (SHSE:600959) Headlines

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