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Television Broadcasts (Television Broadcasts) Days Inventory : 7.87 (As of Dec. 2023)


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What is Television Broadcasts Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Television Broadcasts's Average Total Inventories for the six months ended in Dec. 2023 was $6.3 Mil. Television Broadcasts's Cost of Goods Sold for the six months ended in Dec. 2023 was $145.8 Mil. Hence, Television Broadcasts's Days Inventory for the six months ended in Dec. 2023 was 7.87.

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

TVBCF' s Days Inventory Range Over the Past 10 Years
Min: 2.05   Med: 6.37   Max: 12.73
Current: 10.3

During the past 13 years, Television Broadcasts's highest Days Inventory was 12.73. The lowest was 2.05. And the median was 6.37.

TVBCF's Days Inventory is ranked better than
69.45% of 658 companies
in the Media - Diversified industry
Industry Median: 25.325 vs TVBCF: 10.30

Television Broadcasts's Days Inventory declined from Dec. 2022 (13.74) to Dec. 2023 (7.87).

Inventory Turnover measures how fast the company turns over its inventory within a year. Television Broadcasts's Inventory Turnover for the six months ended in Dec. 2023 was 23.18.

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. Television Broadcasts's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.03.


Television Broadcasts Days Inventory Historical Data

The historical data trend for Television Broadcasts'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.

Television Broadcasts Days Inventory Chart

Television Broadcasts 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 6.66 6.33 9.30 12.72 10.10

Television Broadcasts 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 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 7.99 13.37 13.74 12.93 7.87

Competitive Comparison of Television Broadcasts's Days Inventory

For the Broadcasting subindustry, Television Broadcasts'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.


Television Broadcasts's Days Inventory Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Television Broadcasts's Days Inventory falls into.



Television Broadcasts Days Inventory Calculation

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

Television Broadcasts'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
=( (12.359 + 3.934) / 2 ) / 294.437*365
=8.1465 / 294.437*365
=10.10

Television Broadcasts'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
=( (8.646 + 3.934) / 2 ) / 145.783*365 / 2
=6.29 / 145.783*365 / 2
=7.87

* 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.


Television Broadcasts  (OTCPK:TVBCF) 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.

Television Broadcasts's Inventory Turnover for the six months ended in Dec. 2023 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.

Television Broadcasts's Inventory to Revenue for the six months ended in Dec. 2023 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.


Television Broadcasts Days Inventory Related Terms

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


Television Broadcasts (Television Broadcasts) Business Description

Traded in Other Exchanges
Address
TVB City, 77 Chun Choi Street, Tseung Kwan O Industrial Estate, Kowloon, Hong Kong, HKG
Television Broadcasts Ltd is a Hong Kong-based company whose activities involve terrestrial television broadcasting, together with programme production and other television-related activities. Its operating segments include Hong Kong TV broadcasting; OTT Streaming; e-Commerce business; Mainland China operations and International operations. The company derives a majority of revenue from the Hong Kong TV broadcasting segment involving the broadcasting of television programmes, commercials on terrestrial TV platforms, production of programmes, online social media platform, music entertainment, event and digital marketing. The group derives revenue from Hong Kong and other countries, of which prime revenue is derived from Hong Kong.

Television Broadcasts (Television Broadcasts) Headlines

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