Alibaba Pictures Group (HKSE:01060) Days Inventory : 4.76 (As of Sep. 2023)

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What is Alibaba Pictures Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alibaba Pictures Group's Average Total Inventories for the six months ended in Sep. 2023 was HK$42 Mil. Alibaba Pictures Group's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$1,612 Mil. Hence, Alibaba Pictures Group's Days Inventory for the six months ended in Sep. 2023 was 4.76.

The historical rank and industry rank for Alibaba Pictures Group's Days Inventory or its related term are showing as below:

HKSE:01060' s Days Inventory Range Over the Past 10 Years
Min: 0.19 Med: 0.31 Max: 5.2
Current: 5.2

During the past 13 years, Alibaba Pictures Group's highest Days Inventory was 5.20. The lowest was 0.19. And the median was 0.31.

HKSE:01060's Days Inventory is ranked better than
81.55% of 656 companies
in the Media - Diversified industry
Industry Median: 25.75 vs HKSE:01060: 5.20

Alibaba Pictures Group's Days Inventory increased from Sep. 2022 (3.94) to Sep. 2023 (4.76). It might indicate that Alibaba Pictures Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Alibaba Pictures Group's Inventory Turnover for the six months ended in Sep. 2023 was 38.36.

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. Alibaba Pictures Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.01.

Alibaba Pictures Group Days Inventory Historical Data

The historical data trend for Alibaba Pictures Group's Days Inventory 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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Alibaba Pictures Group Days Inventory Chart

Alibaba Pictures Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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0.21

0.19

3.02

4.43

Alibaba Pictures Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial															3.05	1.92	3.94	5.97	4.76

Competitive Comparison of Alibaba Pictures Group's Days Inventory

For the Entertainment subindustry, Alibaba Pictures Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Alibaba Pictures Group's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Alibaba Pictures Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Alibaba Pictures Group's Days Inventory falls into.

Alibaba Pictures Group Days Inventory Calculation

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

Alibaba Pictures Group's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (21.985	+	44.129)	/	2 )	/	2723.21	*	365
=	33.057					/	2723.21	*	365
=	4.43

Alibaba Pictures Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (44.129	+	39.898)	/	2 )	/	1611.52	*	365 / 2
=	42.0135					/	1611.52	*	365 / 2
=	4.76

Alibaba Pictures Group (HKSE:01060) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Alibaba Pictures Group's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1611.52	/	42.0135
	=	38.36

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.

Alibaba Pictures Group's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	42.0135	/	2805.696
	=	0.01

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Alibaba Pictures Group Days Inventory Related Terms

Thank you for viewing the detailed overview of Alibaba Pictures Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Alibaba Pictures Group (HKSE:01060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Alibaba Pictures Group Ltd (HKSE:01060) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CBW:Germany

Address

1 Matheson Street, 26th Floor, Tower One, Times Square, Causeway Bay, Hong Kong, HKG

Website

http://www.alibabapictures.com

Alibaba Pictures Group Ltd a subsidiary of the Alibaba Group, is a diversified media company headquartered in China that operates in the entertainment industry. The company has three business segments: Technology, Content production, and IP merchandising and commercialization. The Technology segment provides Internet-based ticketing services to consumers and offers Internet-based promotion and distribution services to cinemas. The integrated development unit develops, licenses, and merchandises intellectual property. The content production business engages in planning, developing, and producing films and TV drama series. The Content segment generates most of the company's revenue.

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