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Mei Ah Entertainment Group (HKSE:00391) Inventory-to-Revenue : 0.00 (As of Sep. 2023)


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What is Mei Ah Entertainment Group Inventory-to-Revenue?

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. Mei Ah Entertainment Group's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$0.2 Mil. Mei Ah Entertainment Group's Revenue for the six months ended in Sep. 2023 was HK$61.6 Mil. Mei Ah Entertainment Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Mei Ah Entertainment Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 declined from Mar. 2023 (0.01) to Mar. 2023 (0.00)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mei Ah Entertainment Group's Days Inventory for the six months ended in Sep. 2023 was 2.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mei Ah Entertainment Group's Inventory Turnover for the quarter that ended in Sep. 2023 was 90.23.


Mei Ah Entertainment Group Inventory-to-Revenue Historical Data

The historical data trend for Mei Ah Entertainment Group's Inventory-to-Revenue 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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Mei Ah Entertainment Group Inventory-to-Revenue Chart

Mei Ah Entertainment Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
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Mei Ah Entertainment Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Inventory-to-Revenue 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 0.01 0.01 0.01 0.01 -

Competitive Comparison of Mei Ah Entertainment Group's Inventory-to-Revenue

For the Entertainment subindustry, Mei Ah Entertainment Group's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Mei Ah Entertainment Group's Inventory-to-Revenue Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Mei Ah Entertainment Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Mei Ah Entertainment Group's Inventory-to-Revenue falls into.



Mei Ah Entertainment Group Inventory-to-Revenue Calculation

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.

Mei Ah Entertainment Group's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (0.331 + 0.224) / 2 ) / 75.57
=0.2775 / 75.57
=0.00

Mei Ah Entertainment Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (0.224 + 0.224) / 2 ) / 61.619
=0.224 / 61.619
=0.00

* 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.


Mei Ah Entertainment Group  (HKSE:00391) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Mei Ah Entertainment Group's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=0.224/20.211*365 / 2
=2.02

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Mei Ah Entertainment Group's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=20.211 / 0.224
=90.23

* 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.


Mei Ah Entertainment Group Inventory-to-Revenue Related Terms

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Mei Ah Entertainment Group (HKSE:00391) Business Description

Traded in Other Exchanges
N/A
Address
28 Chun Choi Street, 5th Floor, Mei Ah Centre, Kowloon, Tseung Kwan O Industrial Estate, Hong Kong, HKG
Mei Ah Entertainment Group Ltd is an investment holding company. The company's operating segment includes Channel operations; Film exhibition and film rights licensing and sub-licensing; Cinema operations; Concert performance and events organization; Applications and video online; Property investment and Others. The company generates maximum revenue from the Channel operations segment.
Executives
Li Kuo Hsing 2101 Beneficial owner
Li Guo Lin 2201 Interest of corporation controlled by you

Mei Ah Entertainment Group (HKSE:00391) Headlines

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