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Beijing Gehua CATV Network Co (SHSE:600037) Days Inventory : 45.55 (As of Mar. 2024)


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What is Beijing Gehua CATV Network Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing Gehua CATV Network Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥227 Mil. Beijing Gehua CATV Network Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥455 Mil. Hence, Beijing Gehua CATV Network Co's Days Inventory for the three months ended in Mar. 2024 was 45.55.

The historical rank and industry rank for Beijing Gehua CATV Network Co's Days Inventory or its related term are showing as below:

SHSE:600037' s Days Inventory Range Over the Past 10 Years
Min: 21.58   Med: 53.68   Max: 69.34
Current: 47.45

During the past 13 years, Beijing Gehua CATV Network Co's highest Days Inventory was 69.34. The lowest was 21.58. And the median was 53.68.

SHSE:600037's Days Inventory is ranked worse than
64.08% of 657 companies
in the Media - Diversified industry
Industry Median: 26.06 vs SHSE:600037: 47.45

Beijing Gehua CATV Network Co's Days Inventory declined from Mar. 2023 (67.07) to Mar. 2024 (45.55).

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Gehua CATV Network Co's Inventory Turnover for the three months ended in Mar. 2024 was 2.00.

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. Beijing Gehua CATV Network Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.43.


Beijing Gehua CATV Network Co Days Inventory Historical Data

The historical data trend for Beijing Gehua CATV Network Co'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.

Beijing Gehua CATV Network Co Days Inventory Chart

Beijing Gehua CATV Network Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.77 69.34 67.39 60.60 48.44

Beijing Gehua CATV Network Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 67.07 61.00 59.03 32.32 45.55

Competitive Comparison of Beijing Gehua CATV Network Co's Days Inventory

For the Broadcasting subindustry, Beijing Gehua CATV Network Co'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.


Beijing Gehua CATV Network Co's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Beijing Gehua CATV Network Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beijing Gehua CATV Network Co's Days Inventory falls into.



Beijing Gehua CATV Network Co Days Inventory Calculation

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

Beijing Gehua CATV Network Co'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
=( (343.185 + 228.4) / 2 ) / 2153.399*365
=285.7925 / 2153.399*365
=48.44

Beijing Gehua CATV Network Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (228.4 + 225.461) / 2 ) / 454.616*365 / 4
=226.9305 / 454.616*365 / 4
=45.55

* 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.


Beijing Gehua CATV Network Co  (SHSE:600037) 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.

Beijing Gehua CATV Network Co's Inventory Turnover for the three months ended in Mar. 2024 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.

Beijing Gehua CATV Network Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


Beijing Gehua CATV Network Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Beijing Gehua CATV Network Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Gehua CATV Network Co (SHSE:600037) Business Description

Traded in Other Exchanges
N/A
Address
No.35 Huayuan North Road, Haidian District, Beijing, CHN, 100083
Beijing Gehua CATV Network Co Ltd is engaged in the development and maintenance of radio and television networks. It is involved in the transfer and transmission of radio and television programs, video on demand, network information service business, internet access services based on cable television networks, internet data transmission value-added services, domestic IP telephony services, and cable television advertising design, production, and distribution services. The service scope covers cities, districts, streets, communities and other levels, covering education, finance, medical care, environmental protection, transportation, commerce, safety supervision and other fields.

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