Xinhua News Media Holdings (HKSE:00309) Days Inventory : 0.00 (As of Sep. 2024)

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What is Xinhua News Media Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Xinhua News Media Holdings's Average Total Inventories for the six months ended in Sep. 2024 was HK$0.0 Mil. Xinhua News Media Holdings's Cost of Goods Sold for the six months ended in Sep. 2024 was HK$0.0 Mil.

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

HKSE:00309's Days Inventory is not ranked ^*
in the Business Services industry.
Industry Median: 28.33
* Ranked among companies with meaningful Days Inventory only.

Xinhua News Media Holdings's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Xinhua News Media Holdings's Inventory Turnover for the six months ended in Sep. 2024 was 0.00.

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. Xinhua News Media Holdings's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.00.

Xinhua News Media Holdings Days Inventory Historical Data

The historical data trend for Xinhua News Media Holdings'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.

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Xinhua News Media Holdings Days Inventory Chart

Xinhua News Media Holdings Annual Data

Trend

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Days Inventory

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Xinhua News Media Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Xinhua News Media Holdings's Days Inventory

For the Specialty Business Services subindustry, Xinhua News Media Holdings'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.

Xinhua News Media Holdings's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Xinhua News Media Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Xinhua News Media Holdings's Days Inventory falls into.

Xinhua News Media Holdings Days Inventory Calculation

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

Xinhua News Media Holdings's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (0.288	+	0.047)	/	2 )	/	0	*	365
=	0.1675					/	0	*	365
=	N/A

Xinhua News Media Holdings's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0.047	+	0.047)	/	2 )	/	0	*	365 / 2
=	0.047					/	0	*	365 / 2
=	N/A

Xinhua News Media Holdings (HKSE:00309) 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.

Xinhua News Media Holdings's Inventory Turnover for the six months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0.047
	=	0.00

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.

Xinhua News Media Holdings's Inventory to Revenue for the six months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.047	/	179.307
	=	0.00

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.

Xinhua News Media Holdings Days Inventory Related Terms

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

Xinhua News Media Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Xinhua News Media Holdings Ltd (HKSE:00309) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Science Museum Road, Unit 508B, 5/F, New East Ocean Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.xhnmedia.com

Xinhua News Media Holdings Ltd is engaged in the business of the provision of cleaning and related services and the provision of medical waste treatment services. It has operating segments as follows: Cleaning and Related Services segment engages in the provision of cleaning and related services; Advertising media business segment engages in the provision of media strategy; Waste Treatment business segment engages in the provision of organic waste treatment. The group operates in Hong Kong and China, of which prime revenue is derived from Hong Kong.

Executives

Yu Weikun
Tsui Kwok Hing	2202 Interest of your spouse
Chen Ming	2101 Beneficial owner
Wki Partners (holdings) Limited	2101 Beneficial owner
Zheng Xian Deng	2101 Beneficial owner

Xinhua News Media Holdings Headlines

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