mm2 Asia (SGX:1B0) Days Inventory : 1.63 (As of Sep. 2023)

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What is mm2 Asia Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). mm2 Asia's Average Total Inventories for the six months ended in Sep. 2023 was S$0.8 Mil. mm2 Asia's Cost of Goods Sold for the six months ended in Sep. 2023 was S$89.5 Mil. Hence, mm2 Asia's Days Inventory for the six months ended in Sep. 2023 was 1.63.

The historical rank and industry rank for mm2 Asia's Days Inventory or its related term are showing as below:

SGX:1B0' s Days Inventory Range Over the Past 10 Years
Min: 1 Med: 3.97 Max: 49.33
Current: 2.1

During the past 10 years, mm2 Asia's highest Days Inventory was 49.33. The lowest was 1.00. And the median was 3.97.

SGX:1B0's Days Inventory is ranked better than
88.87% of 656 companies
in the Media - Diversified industry
Industry Median: 25.75 vs SGX:1B0: 2.10

mm2 Asia's Days Inventory declined from Sep. 2022 (4.89) to Sep. 2023 (1.63).

Inventory Turnover measures how fast the company turns over its inventory within a year. mm2 Asia's Inventory Turnover for the six months ended in Sep. 2023 was 111.82.

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. mm2 Asia's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.01.

mm2 Asia Days Inventory Historical Data

The historical data trend for mm2 Asia'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.

mm2 Asia Days Inventory Chart

mm2 Asia Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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1.00

2.96

10.12

6.94

3.10

mm2 Asia Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial															8.97	6.77	4.89	2.58	1.63

Competitive Comparison of mm2 Asia's Days Inventory

For the Entertainment subindustry, mm2 Asia'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.

mm2 Asia's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, mm2 Asia's Days Inventory distribution charts can be found below:

* The bar in red indicates where mm2 Asia's Days Inventory falls into.

mm2 Asia Days Inventory Calculation

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

mm2 Asia'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
=	( (1.013	+	0.8)	/	2 )	/	106.611	*	365
=	0.9065					/	106.611	*	365
=	3.10

mm2 Asia'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
=	( (0.8	+	0.8)	/	2 )	/	89.457	*	365 / 2
=	0.8					/	89.457	*	365 / 2
=	1.63

mm2 Asia (SGX:1B0) 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.

mm2 Asia's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	89.457	/	0.8
	=	111.82

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.

mm2 Asia's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.8	/	128.734
	=	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.

mm2 Asia Days Inventory Related Terms

Thank you for viewing the detailed overview of mm2 Asia's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

mm2 Asia (SGX:1B0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » mm2 Asia Ltd (SGX:1B0) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1002 Jalan Bukit Merah, No. 07-11, Redhill Industrial Estate, Singapore, SGP, 159456

Website

https://www.mm2asia.com

mm2 Asia Ltd Asia Ltd's core business lies in film, TV, and online content production, distribution, and sponsorship. across the content, entertainment, cinema, event, and concert industries in Singapore, Malaysia, Hong Kong, Taiwan, China, and the United States of America. The company's reportable segments include Core business, Digital content production, Cinema operations, Concerts and events, and others. The Cinema operations segment refers to sales of cinema tickets and concessions, hall rental, and screen advertising. The Core business segment refers to the group's production and distribution of motion pictures, video and television programs, and sponsorship. It generates maximum revenue from the Core segment. Geographically, it derives a majority of its revenue from Singapore.

mm2 Asia (SGX:1B0) Headlines

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