China Television Media (SHSE:600088) Inventory-to-Revenue : 0.81 (As of Mar. 2024)

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What is China Television Media 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. China Television Media's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥88 Mil. China Television Media's Revenue for the three months ended in Mar. 2024 was ¥109 Mil. China Television Media's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.81.

China Television Media's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.23) to Dec. 2023 (0.81)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Television Media's Days Inventory for the three months ended in Mar. 2024 was 88.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Television Media's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.03.

China Television Media Inventory-to-Revenue Historical Data

The historical data trend for China Television Media'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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China Television Media Inventory-to-Revenue Chart

China Television Media Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.06

0.04

0.03

China Television Media Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory-to-Revenue	Get a 7-Day Free Trial															0.40	0.92	1.56	0.23	0.81

Competitive Comparison of China Television Media's Inventory-to-Revenue

For the Entertainment subindustry, China Television Media'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.

China Television Media's Inventory-to-Revenue Distribution in the Media - Diversified Industry

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

* The bar in red indicates where China Television Media's Inventory-to-Revenue falls into.

China Television Media Inventory-to-Revenue Calculation

China Television Media's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (28.42	+	45.905)	/	2 )	/	1114.904
=	37.1625					/	1114.904
=	0.03

China Television Media's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

	Inventory-to-Revenue (Q: Mar. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Revenue (Q: Mar. 2024 )
=	( (45.905	+	130.988)	/	2 )	/	108.614
=	88.4465					/	108.614
=	0.81

China Television Media (SHSE:600088) Inventory-to-Revenue Explanation

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

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.

China Television Media's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	88.4465	/	90.869	*	365 / 4
	=	88.82

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

China Television Media's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	90.869	/	88.4465
	=	1.03

China Television Media Inventory-to-Revenue Related Terms

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China Television Media (SHSE:600088) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » China Television Media Ltd (SHSE:600088) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 450 Fushan Road, 17F, Pudong, Shanghai, Shanghai, CHN, 200122

Website

http://www.ctv-media.com.cn

China Television Media Ltd is a China-based company engaged in the movies and televisions (TVs) businesses. The movies and TV-related businesses mainly include the development and operations of movies and TV bases, the producing and publishing of movies and TV dramas, among others. The company is also involved in the advertising businesses, as well as the movies and TV bases tourism businesses. The company is also engaged in the provision of related technology services through its subsidiaries.

Executives

Chou Jie Ming	Director
Xu Yi Ming	senior management
Pang Jian	Director

China Television Media (SHSE:600088) Headlines

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