Huayi Brothers Media (SZSE:300027) Inventory Turnover : 0.26 (As of Mar. 2024)

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What is Huayi Brothers Media 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. Huayi Brothers Media's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥58.7 Mil. Huayi Brothers Media's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥229.3 Mil. Huayi Brothers Media's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Huayi Brothers Media's Days Inventory for the three months ended in Mar. 2024 was 356.68.

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. Huayi Brothers Media's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.41.

Huayi Brothers Media Inventory Turnover Historical Data

The historical data trend for Huayi Brothers Media'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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Huayi Brothers Media Inventory Turnover Chart

Huayi Brothers Media Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.57

1.36

2.00

1.13

1.39

Huayi Brothers Media Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.43	0.35	0.17	0.34	0.26

Huayi Brothers Media Inventory Turnover Calculation

Huayi Brothers Media's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	438.269	/ (	(399.216	+	229.743)	/	2 )
=	438.269	/	314.4795
=	1.39

Huayi Brothers Media's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	58.661	/ (	(229.743	+	228.845)	/	2 )
=	58.661	/	229.294
=	0.26

Huayi Brothers Media (SZSE:300027) 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.

Huayi Brothers Media's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	229.294	/	58.661	*	365 / 4
	=	356.68

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.

Huayi Brothers Media's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	229.294	/	95.215
	=	2.41

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.

Huayi Brothers Media Inventory Turnover Related Terms

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Huayi Brothers Media (SZSE:300027) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Huayi Brothers Media Corp (SZSE:300027) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beijing Xinyuan South Road, 2nd Huayi Brothers office building, Chaoyang District, Beijing, CHN, 100027

Website

http://www.huayimedia.com

Huayi Brothers Media Corp is engaged in the media business. The company's reportable segments are film and television entertainment, TV dramas, artist brokerage and others.

Executives

Wang Zhong Jun	Director
Wang Zhong Lei	Directors, executives
Liu Tao	Executives
Yu Feng	Director
Hu Ming	Directors, Directors, and Executives
Ma Yun	Director
Xue Gui Zhi	Supervisors
Xu Jia	Executives, securities affairs representatives
Liu Xiao Mei	Director
Zhao Ying	Supervisors
	Supervisors

Huayi Brothers Media (SZSE:300027) Headlines

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