KUKEY (Kuke Music Holding) Total Inventories: $0.00 Mil (As of Dec. 2024)


What is Kuke Music Holding Total Inventories?

Kuke Music Holding KUKEY Total Inventories is $0.00 Mil as of Dec. 2024.

Kuke Music Holding's total inventories for the quarter that ended in Dec. 2024 was $0.00 Mil. Kuke Music Holding's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Dec. 2024 was $0.07 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Kuke Music Holding's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-5.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kuke Music Holding's Days Inventory for the six months ended in Dec. 2024 was 4.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kuke Music Holding's Inventory Turnover for the quarter that ended in Dec. 2024 was 40.84.

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. Kuke Music Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.08.

Kuke Music Holding  (OTCPK:KUKEY) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Kuke Music Holding's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.353+0.75 * 1.648+0.5 * 0-30.697
-0--0.042)/4.980
=-5.84

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Kuke Music Holding'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
=0.0675/2.757*365 / 2
=4.47

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Kuke Music Holding's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=2.757 / 0.0675
=40.84

4. 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.

Kuke Music Holding'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 )
=0.0675 / 0.864
=0.08

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Kuke Music Holding Total Inventories Related Terms

Kuke Music Holding Total Inventories Historical Data

* Premium members only.

The historical data trend for Kuke Music Holding's Total Inventories 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.

Kuke Music Holding Total Inventories Chart

Kuke Music Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial 0.15 1.15 0.11 0.00 0.00

Kuke Music Holding Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.55 0.00 0.14 0.00

Kuke Music Holding Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.00 Mil mean?
Kuke Music Holding (KUKEY) has a Total Inventories of $0.00 Mil as of Dec. 2024. The total amount of inventory as recorded on a company's balance sheet. View historical data for Kuke Music Holding and its competitors.
Is Kuke Music Holding's Total Inventories too high?
Kuke Music Holding's current Total Inventories is $0.00 Mil.
How does Kuke Music Holding's Total Inventories compare to MVNC and ZNB?
Kuke Music Holding's Total Inventories of $0.00 Mil 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 Total Inventories for a Media - Diversified company?
A good Total Inventories depends on the Media - Diversified industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Kuke Music Holding and its competitors. Kuke Music Holding's current Total Inventories is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kuke Music Holding stock overvalued right now?
Kuke Music Holding (KUKEY) has a current Total Inventories of $0.00 Mil. The current Total Inventories is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Kuke Music Holding (KUKEY), the current Total Inventories is $0.00 Mil as of Dec. 2024. 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.

Kuke Music Holding Business Description

Address 4 San Jian Fang South Block, Building 96, Chaoyang District, Beijing, CHN, 100024
Kuke Music Holding Ltd provides classical music licensing, subscription, and education services in China. The company licenses its music content to online music entertainment platforms, such as Tencent Music Entertainment Group, digital music service providers, such as NetEase Cloud Music, as well as film and TV production companies, airlines, and smart hardware companies. Users can access the platform through the website, mobile app, and smart music devices.