IMAX China Holding (HKSE:01970) Days Inventory : 63.81 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is IMAX China Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). IMAX China Holding's Average Total Inventories for the six months ended in Dec. 2023 was HK$43.2 Mil. IMAX China Holding's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$123.6 Mil. Hence, IMAX China Holding's Days Inventory for the six months ended in Dec. 2023 was 63.81.

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

HKSE:01970' s Days Inventory Range Over the Past 10 Years
Min: 26.12 Med: 45.74 Max: 62.87
Current: 59.44

During the past 12 years, IMAX China Holding's highest Days Inventory was 62.87. The lowest was 26.12. And the median was 45.74.

HKSE:01970's Days Inventory is ranked worse than
64.08% of 657 companies
in the Media - Diversified industry
Industry Median: 26.06 vs HKSE:01970: 59.44

IMAX China Holding's Days Inventory increased from Dec. 2022 (48.30) to Dec. 2023 (63.81). It might indicate that IMAX China Holding's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. IMAX China Holding's Inventory Turnover for the six months ended in Dec. 2023 was 2.86.

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. IMAX China Holding's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.13.

IMAX China Holding Days Inventory Historical Data

The historical data trend for IMAX China Holding'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.

IMAX China Holding Days Inventory Chart

IMAX China Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

33.24

62.19

48.23

58.02

62.87

IMAX China Holding 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															42.31	73.17	48.30	52.04	63.81

Competitive Comparison of IMAX China Holding's Days Inventory

For the Entertainment subindustry, IMAX China Holding'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.

IMAX China Holding's Days Inventory Distribution in the Media - Diversified Industry

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

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

IMAX China Holding Days Inventory Calculation

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

IMAX China Holding'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
=	( (37.572	+	49.733)	/	2 )	/	253.42	*	365
=	43.6525					/	253.42	*	365
=	62.87

IMAX China Holding'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
=	( (36.69	+	49.733)	/	2 )	/	123.59	*	365 / 2
=	43.2115					/	123.59	*	365 / 2
=	63.81

IMAX China Holding (HKSE:01970) 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.

IMAX China Holding's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	123.59	/	43.2115
	=	2.86

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.

IMAX China Holding's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	43.2115	/	325.2
	=	0.13

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.

IMAX China Holding Days Inventory Related Terms

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

IMAX China Holding (HKSE:01970) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » IMAX China Holding Inc (HKSE:01970) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

IMXCF:USA IMK:Germany

Address

No. 128 West Nanjing Road, 7th Floor, Verdant Place, Huangpu District, Shanghai, CHN, 200003

Website

http://www.imax.cn

IMAX China Holding Inc is an investment holding company that operates in the Entertainment industry in China. The company, a subsidiary of IMAX Corporation, creates and distributes proprietary cinema presentation technology. It operates in the following segments: IMAX Technology Network, which earns revenue based on contingent box office receipts and includes the IMAX DMR films segment and contingent rent from the revenue sharing arrangements segment; IMAX Technology Sales and Maintenance, which includes results from IMAX Systems, IMAX Maintenance, and Other Theatre Business, as well as upfront fees from the revenue sharing arrangements; and New Business Initiatives and Other, which includes activities related to the exploration of new lines of business.

IMAX China Holding (HKSE:01970) Headlines

No Headlines