The historical rank and industry rank for YH Entertainment Group's Days Inventory or its related term are showing as below:
HKSE:02306'
s Days Inventory Range Over the Past 10 Years
Min: 0.58 Med: 1.31 Max: 2.17
Current: 1.9
During the past 5 years, YH Entertainment Group's highest Days Inventory was 2.17. The lowest was 0.58. And the median was 1.31.
HKSE:02306's Days Inventory is ranked better than 89.62% of 655
companies
in the Media - Diversified industry
Industry Median: 26.06
vs HKSE:02306: 1.90
Inventory Turnover measures how fast the company turns over its inventory within a year.
YH Entertainment Group's Inventory Turnover for the
six
months ended in Dec. 2023 was 77.73.
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.
YH Entertainment Group's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.01.
YH Entertainment Group Days Inventory Historical Data
The historical data trend for YH Entertainment Group'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.
Competitive Comparison of YH Entertainment Group's Days Inventory
For the Entertainment subindustry, YH Entertainment Group'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.
YH Entertainment Group's Days Inventory Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, YH Entertainment Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where YH Entertainment Group's Days Inventory falls into.
YH Entertainment Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
YH Entertainment Group's Days Inventory for the fiscal year that ended in Dec. 2023 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.
YH Entertainment Group (HKSE:02306) 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.
YH Entertainment Group's Inventory Turnover for the
six
months ended in Dec. 2023 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.
YH Entertainment Group's Inventory to Revenue for the
six
months ended in Dec. 2023 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.
YH Entertainment Group Days Inventory Related Terms
Thank you for viewing the detailed overview of YH Entertainment Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
YH Entertainment Group (HKSE:02306) Business Description
YH Entertainment Group is an artist management company in China. The company has grown into a cultural and entertainment platform comprising three complementary business segments artist management, music IP production and operation, and pan-entertainment business. The artist management business, provides services to customers, including corporate customers, media platforms, content producers, and advertising agencies, by arranging for managed artists to participate in commercial activities and perform in movies, drama series, and a variety of programs. With the music IP production and operation business, the company licenses the music IPs in the library to music streaming platforms and other music service providers for licensing fees and sells digital and physical copies of music IPs.
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