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Zhejiang Jinke Tom Culture Industry Co (SZSE:300459) Days Inventory : 13.82 (As of Mar. 2024)


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What is Zhejiang Jinke Tom Culture Industry Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhejiang Jinke Tom Culture Industry Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥5 Mil. Zhejiang Jinke Tom Culture Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥31 Mil. Hence, Zhejiang Jinke Tom Culture Industry Co's Days Inventory for the three months ended in Mar. 2024 was 13.82.

The historical rank and industry rank for Zhejiang Jinke Tom Culture Industry Co's Days Inventory or its related term are showing as below:

SZSE:300459' s Days Inventory Range Over the Past 10 Years
Min: 6.36   Med: 34.3   Max: 67.37
Current: 12.66

During the past 13 years, Zhejiang Jinke Tom Culture Industry Co's highest Days Inventory was 67.37. The lowest was 6.36. And the median was 34.30.

SZSE:300459's Days Inventory is ranked better than
53.97% of 239 companies
in the Interactive Media industry
Industry Median: 16.64 vs SZSE:300459: 12.66

Zhejiang Jinke Tom Culture Industry Co's Days Inventory increased from Mar. 2023 (12.98) to Mar. 2024 (13.82). It might indicate that Zhejiang Jinke Tom Culture Industry Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Jinke Tom Culture Industry Co's Inventory Turnover for the three months ended in Mar. 2024 was 6.60.

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. Zhejiang Jinke Tom Culture Industry Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.02.


Zhejiang Jinke Tom Culture Industry Co Days Inventory Historical Data

The historical data trend for Zhejiang Jinke Tom Culture Industry 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.

Zhejiang Jinke Tom Culture Industry Co Days Inventory Chart

Zhejiang Jinke Tom Culture Industry 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 37.10 6.36 19.95 14.73 12.32

Zhejiang Jinke Tom Culture Industry 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 12.98 12.84 17.47 9.50 13.82

Competitive Comparison of Zhejiang Jinke Tom Culture Industry Co's Days Inventory

For the Electronic Gaming & Multimedia subindustry, Zhejiang Jinke Tom Culture Industry 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.


Zhejiang Jinke Tom Culture Industry Co's Days Inventory Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zhejiang Jinke Tom Culture Industry Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhejiang Jinke Tom Culture Industry Co's Days Inventory falls into.



Zhejiang Jinke Tom Culture Industry Co Days Inventory Calculation

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

Zhejiang Jinke Tom Culture Industry 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
=( (4.156 + 4.765) / 2 ) / 132.106*365
=4.4605 / 132.106*365
=12.32

Zhejiang Jinke Tom Culture Industry 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
=( (4.765 + 4.589) / 2 ) / 30.876*365 / 4
=4.677 / 30.876*365 / 4
=13.82

* 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.


Zhejiang Jinke Tom Culture Industry Co  (SZSE:300459) 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.

Zhejiang Jinke Tom Culture Industry 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.

Zhejiang Jinke Tom Culture Industry 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.


Zhejiang Jinke Tom Culture Industry Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Zhejiang Jinke Tom Culture Industry Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Jinke Tom Culture Industry Co (SZSE:300459) Business Description

Traded in Other Exchanges
N/A
Address
No. 299 Pingyi Road, Qianjiang Century City, 36th Floor, Zhejiang Chamber of Commerce Building, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311215
Zhejiang Jinke Culture Industry Co Ltd is a China-based internet high-tech company engaged in the research and development, distribution, internet education, film and television animation and other related activities. In addition, it is also involved in offering chemical raw materials. The business segments of the company are Mobile internet culture and Fine chemical new materials.
Executives
Zhu Zhi Gang Director
Wang Jian Director
Zhu Tian Directors, executives
Ding Ning Supervisors
Wei Hong Tao Directors, executives
Zhang Wei Xin Directors, executives
Ge Min Hai Director

Zhejiang Jinke Tom Culture Industry Co (SZSE:300459) Headlines

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