Litian Pictures Holdings (HKSE:09958) Inventory Turnover : 0.00 (As of Dec. 2024)

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What is Litian Pictures Holdings 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. Litian Pictures Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$4.40 Mil. Litian Pictures Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Litian Pictures Holdings's Days Inventory for the six months ended in Dec. 2024 was 0.00.

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. Litian Pictures Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.

Litian Pictures Holdings Inventory Turnover Historical Data

The historical data trend for Litian Pictures Holdings'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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Litian Pictures Holdings Inventory Turnover Chart

Litian Pictures Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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Litian Pictures Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial									-	-	-	-	-

Litian Pictures Holdings Inventory Turnover Calculation

Litian Pictures Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	11.179	/ (	(0	+	0)	/	1 )
=	11.179	/	0
=	N/A

Litian Pictures Holdings'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 )
=	4.397	/ (	(0	+	0)	/	1 )
=	4.397	/	0
=	N/A

Litian Pictures Holdings (HKSE:09958) 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.

Litian Pictures Holdings'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
	=	0	/	4.397	*	365 / 2
	=	0.00

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.

Litian Pictures Holdings'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 )
	=	0	/	5.408
	=	0.00

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.

Litian Pictures Holdings Inventory Turnover Related Terms

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Litian Pictures Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Litian Pictures Holdings Ltd (HKSE:09958) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

No. 5A, Tongniu Dianying Industrial Park, Chaoyang District, Beijing, CHN

Website

https://www.litian.tv

Litian Pictures Holdings Ltd is a drama series distribution company in the People's Republic of China. It licenses the broadcasting rights of self-produced and outright-purchased drama series. In addition, it is involved in other businesses, which include selling drama series scripts; acting as a distribution agent of the broadcasting rights of TV series; and investing in drama series in which it acts as a non-executive producer. It operates in three segments namely, Self-produced drama series; Outright-purchased drama series; and Others. It derives all its revenue from the production, distribution, and licensing of broadcasting rights of drama series in China.

Executives

Lee Tin Sek Joseph	2101 Beneficial owner
Tian Tian	2201 Interest of corporation controlled by you
Yuan Li	2201 Interest of corporation controlled by you
Litian Century Media Co. Ltd.	2101 Beneficial owner
Marshal Investment Co. Ltd.	2101 Beneficial owner
Joint Fortune Huayi Emerging Industry Investment Co. Ltd.	2101 Beneficial owner
Li Yiwei	2201 Interest of corporation controlled by you
Xie Ailong	2201 Interest of corporation controlled by you

Litian Pictures Holdings Headlines

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