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Chengdu B-ray Media Co (SHSE:600880) Days Inventory : 68.52 (As of Mar. 2024)


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What is Chengdu B-ray Media Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chengdu B-ray Media Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥31.4 Mil. Chengdu B-ray Media Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥41.8 Mil. Hence, Chengdu B-ray Media Co's Days Inventory for the three months ended in Mar. 2024 was 68.52.

The historical rank and industry rank for Chengdu B-ray Media Co's Days Inventory or its related term are showing as below:

SHSE:600880' s Days Inventory Range Over the Past 10 Years
Min: 2.96   Med: 10.13   Max: 38.69
Current: 38.69

During the past 13 years, Chengdu B-ray Media Co's highest Days Inventory was 38.69. The lowest was 2.96. And the median was 10.13.

SHSE:600880's Days Inventory is ranked worse than
56.67% of 660 companies
in the Media - Diversified industry
Industry Median: 25.75 vs SHSE:600880: 38.69

Chengdu B-ray Media Co's Days Inventory increased from Mar. 2023 (34.02) to Mar. 2024 (68.52). It might indicate that Chengdu B-ray Media Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chengdu B-ray Media Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.33.

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. Chengdu B-ray Media Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.31.


Chengdu B-ray Media Co Days Inventory Historical Data

The historical data trend for Chengdu B-ray Media Co'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.

Chengdu B-ray Media Co Days Inventory Chart

Chengdu B-ray Media Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.11 7.07 13.43 35.37 33.07

Chengdu B-ray Media Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.02 54.53 28.30 29.05 68.52

Competitive Comparison of Chengdu B-ray Media Co's Days Inventory

For the Publishing subindustry, Chengdu B-ray Media Co'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.


Chengdu B-ray Media Co's Days Inventory Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Chengdu B-ray Media Co's Days Inventory falls into.



Chengdu B-ray Media Co Days Inventory Calculation

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

Chengdu B-ray Media Co'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
=( (25.6 + 33.864) / 2 ) / 328.138*365
=29.732 / 328.138*365
=33.07

Chengdu B-ray Media Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (33.864 + 28.853) / 2 ) / 41.759*365 / 4
=31.3585 / 41.759*365 / 4
=68.52

* 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.


Chengdu B-ray Media Co  (SHSE:600880) 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.

Chengdu B-ray Media Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

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.

Chengdu B-ray Media Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* 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.


Chengdu B-ray Media Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Chengdu B-ray Media Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Chengdu B-ray Media Co (SHSE:600880) Business Description

Traded in Other Exchanges
N/A
Address
Jinjiang Industrial Park, Sichuan Province, Chengdu, CHN, 610063
Chengdu B-ray Media Co Ltd is a China-based media company which operates newspaper and commercial printing services, outdoor and agent advertising, as well as newspaper and magazine printing and delivery, and the operation of online games.
Executives
Lv Gong Yi Director
Xu Xiao Dong senior management
Jiang Xue Mei Director
Zhang Yue Ming Supervisors
Meng Fang Lan Supervisors
Gou Jun senior management
Cao Jian Chun Director
Li Xiang Yu senior management
Wei Xiao senior management
Yuan Ji Guo Director
Luo Chong Yang senior management
Zhang Fu Mao Director
Li Zhi Gang Supervisors
Qi Yong senior management
Sun Xu Jun Director

Chengdu B-ray Media Co (SHSE:600880) Headlines

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