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STAR CM Holdings (HKSE:06698) Days Inventory : 28.15 (As of Dec. 2023)


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What is STAR CM Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). STAR CM Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$65.7 Mil. STAR CM Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$425.7 Mil. Hence, STAR CM Holdings's Days Inventory for the six months ended in Dec. 2023 was 28.15.

The historical rank and industry rank for STAR CM Holdings's Days Inventory or its related term are showing as below:

HKSE:06698' s Days Inventory Range Over the Past 10 Years
Min: 11.8   Med: 42.33   Max: 72.1
Current: 58.23

During the past 5 years, STAR CM Holdings's highest Days Inventory was 72.10. The lowest was 11.80. And the median was 42.33.

HKSE:06698's Days Inventory is ranked worse than
63.33% of 660 companies
in the Media - Diversified industry
Industry Median: 25.75 vs HKSE:06698: 58.23

STAR CM Holdings's Days Inventory declined from Dec. 2022 (50.27) to Dec. 2023 (28.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. STAR CM Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 6.48.

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. STAR CM Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.21.

STAR CM Holdings Days Inventory Historical Data

The historical data trend for STAR CM Holdings'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.

* Premium members only.

STAR CM Holdings Days Inventory Chart

STAR CM Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
11.80 28.66 48.91 72.10 42.33

STAR CM Holdings Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial 27.32 186.61 50.27 219.17 28.15

Competitive Comparison of STAR CM Holdings's Days Inventory

For the Entertainment subindustry, STAR CM Holdings'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.

STAR CM Holdings's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, STAR CM Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where STAR CM Holdings's Days Inventory falls into.


STAR CM Holdings Days Inventory Calculation

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

STAR CM Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (123.013 + 0.268) / 2 ) / 531.487*365
=61.6405 / 531.487*365
=42.33

STAR CM Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (131.074 + 0.268) / 2 ) / 425.7*365 / 2
=65.671 / 425.7*365 / 2
=28.15

* 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.

STAR CM Holdings  (HKSE:06698) 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.

STAR CM Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=425.7 / 65.671
=6.48

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.

STAR CM Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=65.671 / 308.993
=0.21

* 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

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.

STAR CM Holdings Days Inventory Related Terms

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

STAR CM Holdings (HKSE:06698) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » STAR CM Holdings Ltd (HKSE:06698) » Definitions » Days Inventory
Comparable Companies
HKSE:02306 HKSE:01060 HKSE:09857 HKSE:01003 HKSE:01970 HKSE:03636 HKSE:00326 HKSE:01981 HKSE:00547 HKSE:08446 NFLX DIS XAMS:UMG WBD LYV SIRI WMG XPAR:BOL FWONA FOXA
Traded in Other Exchanges
N/A
Address
No. 300 Hankou Road, 17th Floor, Jiefang Building, Shanghai, CHN
Website
http://www.starcmgroup.com
STAR CM Holdings Ltd is engaged in the variety program IP production, operation, and licensing, music IP operation and licensing, film and drama series IP operation and licensing and other IP-related business. Geographically, the company derives majority of revenue from Mainland China.
Executives
Beamingstars Investment Holdings Limited 2501 Other
Chinese Culture (shanghai) Equity Investment Center (l.p.) 2501 Other
Chinese Culture (tianjin) Investment Management Co., Ltd. 2501 Other
East Brothers Investment Holdings Limited 2501 Other
Goldenbroad Investment Holdings Limited 2501 Other
Harvest Sky Investment Holdings Limited 2501 Other
Jin Lei 2501 Other
Shanghai Zhihua Enterprise Management Partnership (limited Partnership) 2501 Other
Unionstars Investment Holdings Limited 2101 Beneficial owner
Xu Xiangdong 2501 Other
Tian Ming 2501 Other
Tibet Yuanhe Enterprise Management Co., Ltd. 2101 Beneficial owner
Zhefu Holding Group Co., Ltd. 2201 Interest of corporation controlled by you

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