Medialink Group (HKSE:02230) Days Inventory : 9.49 (As of Sep. 2024)

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What is Medialink Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Medialink Group's Average Total Inventories for the six months ended in Sep. 2024 was HK$7.6 Mil. Medialink Group's Cost of Goods Sold for the six months ended in Sep. 2024 was HK$146.4 Mil. Hence, Medialink Group's Days Inventory for the six months ended in Sep. 2024 was 9.49.

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

HKSE:02230' s Days Inventory Range Over the Past 10 Years
Min: 0.84 Med: 3.37 Max: 8.75
Current: 8.75

During the past 9 years, Medialink Group's highest Days Inventory was 8.75. The lowest was 0.84. And the median was 3.37.

HKSE:02230's Days Inventory is ranked better than
71.7% of 675 companies
in the Media - Diversified industry
Industry Median: 29.71 vs HKSE:02230: 8.75

Medialink Group's Days Inventory increased from Sep. 2023 (4.71) to Sep. 2024 (9.49). It might indicate that Medialink Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Medialink Group's Inventory Turnover for the six months ended in Sep. 2024 was 19.22.

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. Medialink Group's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.03.

Medialink Group Days Inventory Historical Data

The historical data trend for Medialink Group'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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Medialink Group Days Inventory Chart

Medialink Group Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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0.84

3.02

3.72

6.21

Medialink Group Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Inventory	Get a 7-Day Free Trial											4.03	2.79	4.71	7.86	9.49

Competitive Comparison of Medialink Group's Days Inventory

For the Entertainment subindustry, Medialink Group'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.

Medialink Group's Days Inventory Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Medialink Group's Days Inventory falls into.

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Medialink Group Days Inventory Calculation

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

Medialink Group'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
=	( (2.091	+	6.511)	/	2 )	/	252.941	*	365
=	4.301					/	252.941	*	365
=	6.21

Medialink Group'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
=	( (6.511	+	8.718)	/	2 )	/	146.373	*	365 / 2
=	7.6145					/	146.373	*	365 / 2
=	9.49

Medialink Group (HKSE:02230) 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.

Medialink Group's Inventory Turnover for the six months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	146.373	/	7.6145
	=	19.22

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.

Medialink Group's Inventory to Revenue for the six months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.6145	/	294.175
	=	0.03

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.

Medialink Group Days Inventory Related Terms

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

Medialink Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Medialink Group Ltd (HKSE:02230) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Canton Road, Suites 1801–6, 18th Floor, Tower 2, The Gateway Harbour City, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.medialink.com.hk

Medialink Group Ltd is a distributor of third-party owned media content. It distributes media content relating to animation series, variety shows, drama series and animated and live-action feature films to customers through entering into content sub-licensing arrangements with them. The operating segments of the group are Media content distribution and Brand licensing. It derives key revenue from the Media content distribution segment. Geographically the group holds a business presence in the PRC, the United states, Hong Kong, Philippines, Thailand, Japan, Taiwan and Others.

Executives

Rla Company Limited	2101 Beneficial owner
Chiu Siu Yin Lovinia	2201 Interest of corporation controlled by you

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