CVTV (China VTV) Days Inventory: 536.44 (As of Aug. 2020)


What is China VTV Days Inventory?

China VTV CVTV Days Inventory is 536.44 as of Aug. 2020.

Days Inventory is also known as Days Sales of Inventory (DSI). China VTV's Average Total Inventories for the three months ended in Aug. 2020 was $7.42 Mil. China VTV's Cost of Goods Sold for the three months ended in Aug. 2020 was $1.26 Mil. Hence, China VTV's Days Inventory for the three months ended in Aug. 2020 was 536.44.

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

CVTV's Days Inventory is not ranked *
in the Interactive Media industry.
Industry Median: 18.69
* Ranked among companies with meaningful Days Inventory only.

China VTV's Days Inventory increased from Aug. 2019 (0.00) to Aug. 2020 (536.44). It might indicate that China VTV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China VTV's Inventory Turnover for the three months ended in Aug. 2020 was 0.17.

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 VTV's Inventory-to-Revenue for the three months ended in Aug. 2020 was 2.45.


China VTV  (OTCPK:CVTV) 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 VTV's Inventory Turnover for the three months ended in Aug. 2020 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 VTV's Inventory to Revenue for the three months ended in Aug. 2020 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 VTV Days Inventory Related Terms


China VTV Days Inventory Historical Data

* Premium members only.

The historical data trend for China VTV'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.

China VTV Days Inventory Chart

China VTV Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Days Inventory
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 3,985,800.00

China VTV Quarterly Data
Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20
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 0.00 0.00 0.00 529.01 536.44

CVTV vs REBL, CSSE, RLJE: Days Inventory Comparison

For the Internet Content & Information subindustry, China VTV'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 VTV Days Inventory vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, China VTV's Days Inventory distribution charts can be found below:

* The bar in red indicates where China VTV's Days Inventory falls into.



China VTV Days Inventory Calculation

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

China VTV's Days Inventory for the fiscal year that ended in Feb. 2020 is calculated as

Days Inventory (A: Feb. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2019 ) + Total Inventories (A: Feb. 2020 )) / count ) / Cost of Goods Sold (A: Feb. 2020 )*Days in Period
=( (0 + 10.92) / 1 ) / 0.001*365
=10.92 / 0.001*365
=3,985,800.00

China VTV's Days Inventory for the quarter that ended in Aug. 2020 is calculated as:

Days Inventory (Q: Aug. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: May. 2020 ) + Total Inventories (Q: Aug. 2020 )) / count ) / Cost of Goods Sold (Q: Aug. 2020 )*Days in Period
=( (7.423 + 7.415) / 2 ) / 1.262*365 / 4
=7.419 / 1.262*365 / 4
=536.44

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 536.44 mean?
China VTV (CVTV) has a Days Inventory of 536.44 as of Aug. 2020. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on China VTV and its competitors.
Is China VTV's Days Inventory too high?
China VTV's current Days Inventory is 536.44. The Interactive Media industry median Days Inventory is 18.69. China VTV's value of 536.44 is 2770.2% above this industry median.
How does China VTV's Days Inventory compare to REBL and CSSE?
China VTV's Days Inventory of 536.44 can be compared against companies in the Interactive Media industry. The industry median Days Inventory is 18.69. China VTV's value of 536.44 is 2770.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Interactive Media company?
The median Days Inventory among Interactive Media companies is 18.69, based on 233 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China VTV's current Days Inventory of 536.44 is 2770.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on China VTV and its competitors. For the Interactive Media industry, the median Days Inventory is 18.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China VTV's current Days Inventory is 536.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China VTV stock overvalued right now?
China VTV (CVTV) has a current Days Inventory of 536.44. The current Days Inventory is 536.44 and 2770.2% above the Interactive Media industry median of 18.69. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For China VTV (CVTV), the current Days Inventory is 536.44 as of Aug. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China VTV Business Description

Address 315-321 Lockhart Road, 23 Floor, Flat C, Wan Chai, Hong Kong, HKG, 999077
China VTV Ltd is an early stage internet-based online entertainment media company that focuses on audience interaction, entertainment, and business opportunities. It has established a Blockchain cloud-based platform that distributes news, videos, television shows, travel programs, and other entertainment programs via the internet to the end devices, such as computers, smart TVs, smartphones, and tablets. The company generates revenue from the sales of copyrights, original stories, and finished products, licensing literal copyrights, and advertising services.