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Guangxi Radio and Television Information Network (SHSE:600936) Days Inventory : 78.19 (As of Mar. 2024)


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What is Guangxi Radio and Television Information Network Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guangxi Radio and Television Information Network's Average Total Inventories for the three months ended in Mar. 2024 was ¥239 Mil. Guangxi Radio and Television Information Network's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥278 Mil. Hence, Guangxi Radio and Television Information Network's Days Inventory for the three months ended in Mar. 2024 was 78.19.

The historical rank and industry rank for Guangxi Radio and Television Information Network's Days Inventory or its related term are showing as below:

SHSE:600936' s Days Inventory Range Over the Past 10 Years
Min: 63.49   Med: 76.84   Max: 98.94
Current: 63.49

During the past 13 years, Guangxi Radio and Television Information Network's highest Days Inventory was 98.94. The lowest was 63.49. And the median was 76.84.

SHSE:600936's Days Inventory is ranked worse than
65.55% of 659 companies
in the Media - Diversified industry
Industry Median: 25.44 vs SHSE:600936: 63.49

Guangxi Radio and Television Information Network's Days Inventory increased from Mar. 2023 (43.49) to Mar. 2024 (78.19). It might indicate that Guangxi Radio and Television Information Network's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangxi Radio and Television Information Network's Inventory Turnover for the three months ended in Mar. 2024 was 1.17.

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. Guangxi Radio and Television Information Network's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.86.


Guangxi Radio and Television Information Network Days Inventory Historical Data

The historical data trend for Guangxi Radio and Television Information Network'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.

Guangxi Radio and Television Information Network Days Inventory Chart

Guangxi Radio and Television Information Network 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 75.74 81.49 98.94 77.49 66.73

Guangxi Radio and Television Information Network 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 43.49 53.96 55.35 66.23 78.19

Competitive Comparison of Guangxi Radio and Television Information Network's Days Inventory

For the Entertainment subindustry, Guangxi Radio and Television Information Network'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.


Guangxi Radio and Television Information Network's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Guangxi Radio and Television Information Network's Days Inventory distribution charts can be found below:

* The bar in red indicates where Guangxi Radio and Television Information Network's Days Inventory falls into.



Guangxi Radio and Television Information Network Days Inventory Calculation

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

Guangxi Radio and Television Information Network'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
=( (233.3 + 236.51) / 2 ) / 1284.949*365
=234.905 / 1284.949*365
=66.73

Guangxi Radio and Television Information Network'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
=( (236.51 + 240.649) / 2 ) / 278.424*365 / 4
=238.5795 / 278.424*365 / 4
=78.19

* 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.


Guangxi Radio and Television Information Network  (SHSE:600936) 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.

Guangxi Radio and Television Information Network'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.

Guangxi Radio and Television Information Network'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.


Guangxi Radio and Television Information Network Days Inventory Related Terms

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Guangxi Radio and Television Information Network (SHSE:600936) Business Description

Traded in Other Exchanges
N/A
Address
No.8 Jinghui Lane, Yunjing Road, Hao Guangxi Broadcasting Network Complex, Nanning, CHN, 530007
Guangxi Radio and Television Information Network Corp Ltd is a China-based company principally engaged in the construction and operation of radio and television network, radio and television program transmission, data network business, as well as the development and operation of Digital Television (TV) value-added services. The firm's main business includes basic TV business, the installation of cable TV business, digital TV value-added services, program transmission, data network business, as well as the wholesale of broadcast television equipment.

Guangxi Radio and Television Information Network (SHSE:600936) Headlines

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