Threes Company Media Group Co (SHSE:605168) Days Inventory : 5.52 (As of Mar. 2024)

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What is Threes Company Media Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Threes Company Media Group Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥47 Mil. Threes Company Media Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥772 Mil. Hence, Threes Company Media Group Co's Days Inventory for the three months ended in Mar. 2024 was 5.52.

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

SHSE:605168' s Days Inventory Range Over the Past 10 Years
Min: 0.82 Med: 1.5 Max: 5.55
Current: 2.63

During the past 11 years, Threes Company Media Group Co's highest Days Inventory was 5.55. The lowest was 0.82. And the median was 1.50.

SHSE:605168's Days Inventory is ranked better than
86.37% of 653 companies
in the Media - Diversified industry
Industry Median: 26.06 vs SHSE:605168: 2.63

Threes Company Media Group Co's Days Inventory increased from Mar. 2023 (1.98) to Mar. 2024 (5.52). It might indicate that Threes Company Media Group Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Threes Company Media Group Co's Inventory Turnover for the three months ended in Mar. 2024 was 16.52.

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. Threes Company Media Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.05.

Threes Company Media Group Co Days Inventory Historical Data

The historical data trend for Threes Company Media Group 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.

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Threes Company Media Group Co Days Inventory Chart

Threes Company Media Group Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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1.68

1.42

1.02

0.91

2.25

Threes Company Media Group 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															1.98	1.74	1.53	2.50	5.52

Competitive Comparison of Threes Company Media Group Co's Days Inventory

For the Advertising Agencies subindustry, Threes Company Media Group 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.

Threes Company Media Group Co's Days Inventory Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Threes Company Media Group Co's Days Inventory falls into.

Threes Company Media Group Co Days Inventory Calculation

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

Threes Company Media Group 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
=	( (15.392	+	38.328)	/	2 )	/	4348.277	*	365
=	26.86					/	4348.277	*	365
=	2.25

Threes Company Media Group 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
=	( (38.328	+	55.186)	/	2 )	/	772.442	*	365 / 4
=	46.757					/	772.442	*	365 / 4
=	5.52

Threes Company Media Group Co (SHSE:605168) 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.

Threes Company Media Group Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	772.442	/	46.757
	=	16.52

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.

Threes Company Media Group Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	46.757	/	936.449
	=	0.05

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.

Threes Company Media Group Co Days Inventory Related Terms

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

Threes Company Media Group Co (SHSE:605168) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Threes Company Media Group Co Ltd (SHSE:605168) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Keji 2nd Road, Xi'an Software Park, No. 72, E401, Tangle Pavilion, High-tech Zone, Shaanxi Province, Xi'an, CHN

Website

http://www.topsrx.com

Threes Company Media Group Co Ltd is a one-stop campus integrated marketing and professional digital marketing service provider. The company is engaged in digital marketing services, scene activity services and campus media marketing services. Its services include campus integration marketing, public relations event planning, and case-based digital marketing. System, service content covers campus marketing and promotion, campus event planning, brand strategy, Internet communication strategy, media strategy, creative services, technical services, media procurement, social marketing and many other aspects.

Executives

Guo Xian Wei	Director
Wang Chuan	Directors, senior managers
Li Da	senior management
Chen Sheng	senior management
Zhang Hao	Directors, senior managers
Dai Xiu Ju	Supervisors
Wang Lei	Supervisors
Qian Jun Dong	Directors, senior managers

Threes Company Media Group Co (SHSE:605168) Headlines

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