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Transmit Entertainment (HKSE:01326) Inventory Turnover : 0.19 (As of Dec. 2024)


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What is Transmit Entertainment 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. Transmit Entertainment's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$26.8 Mil. Transmit Entertainment's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$143.1 Mil. Transmit Entertainment's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Transmit Entertainment's Days Inventory for the six months ended in Dec. 2024 was 974.36.

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. Transmit Entertainment's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 4.62.


Transmit Entertainment Inventory Turnover Historical Data

The historical data trend for Transmit Entertainment'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.

Transmit Entertainment Inventory Turnover Chart

Transmit Entertainment Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.95 0.95 1.36 0.37 1.56

Transmit Entertainment 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 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 0.12 0.24 0.12 1.29 0.19

Transmit Entertainment Inventory Turnover Calculation

Transmit Entertainment'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 )
=364.02 / ((322.06 + 143.708) / 2 )
=364.02 / 232.884
=1.56

Transmit Entertainment'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 )
=26.795 / ((143.708 + 142.408) / 2 )
=26.795 / 143.058
=0.19

* 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.


Transmit Entertainment  (HKSE:01326) 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.

Transmit Entertainment'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
=143.058/26.795*365 / 2
=974.36

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.

Transmit Entertainment'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 )
=143.058 / 30.94
=4.62

* 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.


Transmit Entertainment Inventory Turnover Related Terms

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Transmit Entertainment Business Description

Traded in Other Exchanges
N/A
Address
128 Gloucester Road, Flat B, 14th Floor, Neich Tower, Wanchai, Hong Kong, HKG
Transmit Entertainment Ltd is engaged in engages in film, TV series, and variety show production, distribution and licensing of film rights and other businesses. The Group produces Chinese variety shows and TV series in both Mainland China and Hong Kong. The firm operates in the following segments: TV series production and distribution; Film exhibition and Pan entertainment. The majority of its revenue is generated from the TV series production and distribution segment. Geographically, it derives maximum revenue from Mainland, the People's Republic of China, and the rest from Hong Kong.
Executives
Gardner Aaron Luke (in The Capacity As The Receiver) 2501 Other
Fok Hei Yu (in The Capacity As The Receiver) 2501 Other
Zhang Liang, Johnson 2101 Beneficial owner
Charming Treasure Investments Ltd. 2106 Person having a security interest in shares
China Orient Asset Management (international) Holding Limited 2201 Interest of corporation controlled by you
China Orient Asset Management Co., Ltd. 2201 Interest of corporation controlled by you
Dong Yin Development (holdings) Limited 2201 Interest of corporation controlled by you
Nice Rich Group Limited 2101 Beneficial owner
Wise Leader Assets Ltd. 2201 Interest of corporation controlled by you

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