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Bona Film Group (Bona Film Group) Inventory Turnover : 75.20 (As of Sep. 2015)


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What is Bona Film Group Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Bona Film Group's Cost of Goods Sold for the three months ended in Sep. 2015 was $38.5 Mil. Bona Film Group's Average Total Inventories for the quarter that ended in Sep. 2015 was $0.5 Mil. Bona Film Group's Inventory Turnover for the quarter that ended in Sep. 2015 was 75.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bona Film Group's Days Inventory for the three months ended in Sep. 2015 was 1.21.

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. Bona Film Group's Inventory-to-Revenue for the quarter that ended in Sep. 2015 was 0.01.


Bona Film Group Inventory Turnover Historical Data

The historical data trend for Bona Film Group's Inventory Turnover 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.

Bona Film Group Inventory Turnover Chart

Bona Film Group Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Inventory Turnover
Get a 7-Day Free Trial 273.22 408.97 341.61 281.29 409.56

Bona Film Group Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Inventory Turnover 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 175.78 72.86 181.58 86.49 75.20

Bona Film Group Inventory Turnover Calculation

Bona Film Group's Inventory Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Inventory Turnover (A: Dec. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2014 ) / ((Total Inventories (A: Dec. 2013 ) + Total Inventories (A: Dec. 2014 )) / count )
=141.298 / ((0.313 + 0.377) / 2 )
=141.298 / 0.345
=409.56

Bona Film Group's Inventory Turnover for the quarter that ended in Sep. 2015 is calculated as

Inventory Turnover (Q: Sep. 2015 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2015 ) / ((Total Inventories (Q: Jun. 2015 ) + Total Inventories (Q: Sep. 2015 )) / count )
=38.463 / ((0.438 + 0.585) / 2 )
=38.463 / 0.5115
=75.20

* 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.


Bona Film Group  (NAS:BONA) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Bona Film Group's Days Inventory for the three months ended in Sep. 2015 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2015 )/Cost of Goods Sold (Q: Sep. 2015 )*Days in Period
=0.5115/38.463*365 / 4
=1.21

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.

Bona Film Group's Inventory to Revenue for the quarter that ended in Sep. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2015 ) / Revenue (Q: Sep. 2015 )
=0.5115 / 78.918
=0.01

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Bona Film Group Inventory Turnover Related Terms

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Bona Film Group (Bona Film Group) Business Description

Traded in Other Exchanges
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Address
Bona Film Group Ltd is incorporated in the Cayman Islands on July 8, 2010. On December 14, 2010, it completed its initial public offering. The Company operates as a film distributor in China. It distributes films through virtually all of the theater circuits in China. It has distribution rights to a selection of films through joint distribution arrangements with industry participants such as the state-owned China Film Group Corporation. It has distributed 39 Chinese films (including Hong Kong films) internationally. In addition to film distribution and film and television production operations, it owns and operates 21 movie theaters in commercial districts and residential areas in several major cities in China. The Company's film distribution activities consist of film sourcing, which includes identifying quality film projects with commercial potential and securing film distribution rights; print and marketing, which includes coordinating the distribution of film prints to theater circuits, as well as conducting marketing and publicity campaigns to promote the films to their target audiences; exhibition, which includes negotiating the terms of exhibitions of films in domestic and international movie theaters as well as through non-theatrical distribution channels and film advertising, which includes the sale of approximately three minutes advertising time immediately prior to the start of the theatrical screening of a film, in-film product placements and cross-promotion campaigns. The Company faces competition for audiences from companies within the entertainment business and from alternative forms of leisure entertainment, such as sporting events, outdoor recreation, video games, the Internet and other cultural and computer-related activities. Its competitors in film distribution and production include state-owned enterprises such as China Film Group and non state-owned companies such as Huayi Brothers. Its trademark includes "Bona". Its talent agency business is subject to various PRC laws, rules and regulations.

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