China Star Entertainment (HKSE:00326) Days Inventory : 10,293.72 (As of Dec. 2023)

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What is China Star Entertainment Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Star Entertainment's Average Total Inventories for the six months ended in Dec. 2023 was HK$3,757.2 Mil. China Star Entertainment's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$66.6 Mil. Hence, China Star Entertainment's Days Inventory for the six months ended in Dec. 2023 was 10,293.72.

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

HKSE:00326' s Days Inventory Range Over the Past 10 Years
Min: 403.1 Med: 66044.28 Max: 9910160.27
Current: 10047.96

During the past 13 years, China Star Entertainment's highest Days Inventory was 9910160.27. The lowest was 403.10. And the median was 66044.28.

HKSE:00326's Days Inventory is ranked worse than
99.39% of 653 companies
in the Media - Diversified industry
Industry Median: 26.06 vs HKSE:00326: 10047.96

China Star Entertainment's Days Inventory declined from Dec. 2022 (1,468,315.11) to Dec. 2023 (10,293.72).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Star Entertainment's Inventory Turnover for the six months ended in Dec. 2023 was 0.02.

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 Star Entertainment's Inventory-to-Revenue for the six months ended in Dec. 2023 was 44.17.

China Star Entertainment Days Inventory Historical Data

The historical data trend for China Star Entertainment'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.

China Star Entertainment Days Inventory Chart

China Star Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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538,568.92

1,238,105.94

9,910,160.27

2,908,530.31

10,055.05

China Star Entertainment Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															5,012,700.62	-	1,468,315.11	9,807.95	10,293.72

Competitive Comparison of China Star Entertainment's Days Inventory

For the Entertainment subindustry, China Star Entertainment'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 Star Entertainment's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China Star Entertainment's Days Inventory distribution charts can be found below:

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

China Star Entertainment Days Inventory Calculation

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

China Star Entertainment'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
=	( (3786.464	+	3752.732)	/	2 )	/	136.837	*	365
=	3769.598					/	136.837	*	365
=	10,055.05

China Star Entertainment's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3761.624	+	3752.732)	/	2 )	/	66.612	*	365 / 2
=	3757.178					/	66.612	*	365 / 2
=	10,293.72

China Star Entertainment (HKSE:00326) 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 Star Entertainment's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	66.612	/	3757.178
	=	0.02

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 Star Entertainment's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3757.178	/	85.059
	=	44.17

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 Star Entertainment Days Inventory Related Terms

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

China Star Entertainment (HKSE:00326) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » China Star Entertainment Ltd (HKSE:00326) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road Central, Unit 3409 Shun Tak Centre, West Tower, Hong Kong, HKG

Website

https://www.chinastar.com.hk

China Star Entertainment Ltd is an investment holding company. It operates in two segments namely Film related business operations engaged in investment, production, distribution and licensing of films and television drama series and provision of other film related services including artist management services; Property development and investment operations engaged in investment and development of properties. Majority of the revenue is derived from Film related business operations segment.

Executives

Chen Ming Yin, Tiffany
Heung Wah Keung
Heung Wah Keung Family Endowment Limited
Heung Wah Keung Family Endowment Limited

China Star Entertainment (HKSE:00326) Headlines

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