Marvion (Marvion) Days Inventory : 211.66 (As of Dec. 2023)

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What is Marvion Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Marvion's Average Total Inventories for the three months ended in Dec. 2023 was $9.90 Mil. Marvion's Cost of Goods Sold for the three months ended in Dec. 2023 was $4.27 Mil. Hence, Marvion's Days Inventory for the three months ended in Dec. 2023 was 211.66.

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

MVNCD' s Days Inventory Range Over the Past 10 Years
Min: 58.27 Med: 125.53 Max: 297.3
Current: 297.3

During the past 10 years, Marvion's highest Days Inventory was 297.30. The lowest was 58.27. And the median was 125.53.

MVNCD's Days Inventory is ranked worse than
92.06% of 655 companies
in the Media - Diversified industry
Industry Median: 26.06 vs MVNCD: 297.30

Marvion's Days Inventory increased from Dec. 2022 (78.47) to Dec. 2023 (211.66). It might indicate that Marvion's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Marvion's Inventory Turnover for the three months ended in Dec. 2023 was 0.43.

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. Marvion's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.67.

Marvion Days Inventory Historical Data

The historical data trend for Marvion'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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Marvion Days Inventory Chart

Marvion Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Dec20

Dec21

Dec22

Dec23

Days Inventory

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58.27

192.79

Marvion Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															78.47	90.34	-	367.35	211.66

Competitive Comparison of Marvion's Days Inventory

For the Entertainment subindustry, Marvion'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.

Marvion's Days Inventory Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Marvion's Days Inventory falls into.

Marvion Days Inventory Calculation

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

Marvion'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
=	( (1.388	+	7.77)	/	2 )	/	8.669	*	365
=	4.579					/	8.669	*	365
=	192.79

Marvion'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (12.025	+	7.77)	/	2 )	/	4.267	*	365 / 4
=	9.8975					/	4.267	*	365 / 4
=	211.66

Marvion (OTCPK:MVNCD) 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.

Marvion's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.267	/	9.8975
	=	0.43

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.

Marvion's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9.8975	/	5.913
	=	1.67

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.

Marvion Days Inventory Related Terms

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

Marvion (Marvion) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Marvion Inc (OTCPK:MVNCD) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Temasek Avenue, 21st Floor, Centennial Tower, Singapore, SGP, 039190

Website

https://www.marvion.media

Marvion Inc engaged in the media distribution business. It provides authentication, valuation and certification service, sale and purchase, hire purchase, financing, custody, security and exhibition services to buyers of movie and music media through traditional channels as well as through leveraging blockchain technology through the creation of Digital Ownership Tokens (DOT). The company operates in two business segments; a DOT solution service business through its subsidiary in Singapore which generates the majority of the revenue, and strategic business and management advisory services through its subsidiary in Hong Kong.