China Creative Digital Entertainment (STU:EER7) Inventory Turnover: 0.30 (As of Mar. 2022)

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STU:EER7 China Creative Digital Entertainment Ltd STU:EER7
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What is China Creative Digital Entertainment Inventory Turnover?

China Creative Digital Entertainment STU:EER7 10 Inventory Turnover is 0.30 as of Mar. 2022. GuruFocus rates STU:EER7 with a GF Score™ of 10/100.

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. China Creative Digital Entertainment's Cost of Goods Sold for the three months ended in Mar. 2022 was €0.24 Mil. China Creative Digital Entertainment's Average Total Inventories for the quarter that ended in Mar. 2022 was €0.81 Mil. China Creative Digital Entertainment's Inventory Turnover for the quarter that ended in Mar. 2022 was 0.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Creative Digital Entertainment's Days Inventory for the three months ended in Mar. 2022 was 304.67.

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 Creative Digital Entertainment's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 1.73.

China Creative Digital Entertainment  (STU:EER7) 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.

China Creative Digital Entertainment's Days Inventory for the three months ended in Mar. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2022 )/Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=0.808/0.242*365 / 4
=304.67

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.

China Creative Digital Entertainment's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=0.808 / 0.468
=1.73

* 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.

China Creative Digital Entertainment Inventory Turnover Related Terms

China Creative Digital Entertainment Inventory Turnover Historical Data

* Premium members only.

The historical data trend for China Creative Digital 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.

China Creative Digital Entertainment Inventory Turnover Chart

China Creative Digital Entertainment Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.67 9.83 14.21 22.61 13.59

China Creative Digital Entertainment Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.47 12.88 0.39 0.75 0.30
STU:EER7
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China Creative Digital Entertainment Ltd STU:EER7
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China Creative Digital Entertainment Inventory Turnover Calculation

China Creative Digital Entertainment's Inventory Turnover for the fiscal year that ended in Jun. 2021 is calculated as

Inventory Turnover (A: Jun. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2021 ) / ((Total Inventories (A: Jun. 2020 ) + Total Inventories (A: Jun. 2021 )) / count )
=11.675 / ((0.891 + 0.827) / 2 )
=11.675 / 0.859
=13.59

China Creative Digital Entertainment's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover (Q: Mar. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2022 ) / ((Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Mar. 2022 )) / count )
=0.242 / ((0.808 + 0) / 1 )
=0.242 / 0.808
=0.30

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.30 mean?
China Creative Digital Entertainment (STU:EER7) has a Inventory Turnover of 0.30 as of Mar. 2022. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on China Creative Digital Entertainment and its competitors.
Is China Creative Digital Entertainment's Inventory Turnover too high?
China Creative Digital Entertainment's current Inventory Turnover is 0.30. Overall, China Creative Digital Entertainment has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does China Creative Digital Entertainment's Inventory Turnover compare to DIS and NFLX?
China Creative Digital Entertainment's Inventory Turnover of 0.30 can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Media - Diversified company?
A good Inventory Turnover depends on the Media - Diversified industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on China Creative Digital Entertainment and its competitors. China Creative Digital Entertainment's current Inventory Turnover is 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Creative Digital Entertainment stock overvalued right now?
China Creative Digital Entertainment (STU:EER7) has a current Inventory Turnover of 0.30. The current Inventory Turnover is 0.30. China Creative Digital Entertainment's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For China Creative Digital Entertainment (STU:EER7), the current Inventory Turnover is 0.30 as of Mar. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China Creative Digital Entertainment Business Description

Address 21 Sheung Yuet Road, Unit 01B, 11th Floor, Eastmark, Kowloon Bay, Hong Kong, HKG
China Creative Digital Entertainment Ltd is a company operating in the entertainment industry. It operates through four business segments; Artiste management services, Distribution and production of films, television programs and music production and other film-related production (Entertainment business), Money lending, and Securities and bonds investment. The majority of the company revenue is generated from the Entertainment business segments. Geographically, the company derives its key revenue from Hong Kong and the rest from the People's Republic of China, Taiwan, Japan, North America, and other regions.
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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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