Universe Entertainment And Culture Group Co (HKSE:01046) Inventory Turnover : 102.71 (As of Dec. 2024)

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What is Universe Entertainment And Culture Group Co 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. Universe Entertainment And Culture Group Co's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$228.7 Mil. Universe Entertainment And Culture Group Co's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$2.2 Mil. Universe Entertainment And Culture Group Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 102.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Universe Entertainment And Culture Group Co's Days Inventory for the six months ended in Dec. 2024 was 1.78.

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. Universe Entertainment And Culture Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.01.

Universe Entertainment And Culture Group Co Inventory Turnover Historical Data

The historical data trend for Universe Entertainment And Culture Group Co'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.

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Universe Entertainment And Culture Group Co Inventory Turnover Chart

Universe Entertainment And Culture Group Co Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Inventory Turnover

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12.21

34.86

12.65

29.18

80.25

Universe Entertainment And Culture Group Co Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															4.03	26.52	56.54	13.67	102.71

Universe Entertainment And Culture Group Co Inventory Turnover Calculation

Universe Entertainment And Culture Group Co's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Inventory Turnover (A: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2024 )	/ (	(Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )
=	302.292	/ (	(4.818	+	2.716)	/	2 )
=	302.292	/	3.767
=	80.25

Universe Entertainment And Culture Group Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	228.68	/ (	(2.716	+	1.737)	/	2 )
=	228.68	/	2.2265
=	102.71

Universe Entertainment And Culture Group Co (HKSE:01046) 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.

Universe Entertainment And Culture Group Co's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	2.2265	/	228.68	*	365 / 2
	=	1.78

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.

Universe Entertainment And Culture Group Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	2.2265	/	249.032
	=	0.01

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.

Universe Entertainment And Culture Group Co Inventory Turnover Related Terms

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Universe Entertainment And Culture Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Universe Entertainment And Culture Group Co Ltd (HKSE:01046) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

192-200 Tai Lin Pai Road, 18th Floor, Wyler Centre Phase II, New Territories, Kwai Chung, Hong Kong, HKG

Website

http://www.uih.com.hk

Universe Entertainment And Culture Group Co Ltd is an investment holding company. Along with its subsidiaries, the company operates in the following reportable segments; Video distribution, film distribution and exhibition, licensing and sublicensing of film rights; Trading, wholesaling, and retailing of optical products and watches products; Leasing of investment properties; Securities investments; Financial printing services; and Others. Geographically, it derives key revenue from Hong Kong, and the rest from the People's Republic of China, Other Asian countries, and other regions. The company generates maximum revenue from Video distribution, film distribution and exhibition, licensing, and sublicensing of film rights segment.

Executives

Pioneer Entertainment Group Limited	2101 Beneficial owner
Lam Shiu Ming, Daneil	2201 Interest of corporation controlled by you

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