Maoyan Entertainment (HKSE:01896) Days Inventory : 4.17 (As of Dec. 2023)

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What is Maoyan Entertainment Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Maoyan Entertainment's Average Total Inventories for the six months ended in Dec. 2023 was HK$32 Mil. Maoyan Entertainment's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,397 Mil. Hence, Maoyan Entertainment's Days Inventory for the six months ended in Dec. 2023 was 4.17.

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

HKSE:01896' s Days Inventory Range Over the Past 10 Years
Min: 0.82 Med: 4.55 Max: 13.58
Current: 4

During the past 9 years, Maoyan Entertainment's highest Days Inventory was 13.58. The lowest was 0.82. And the median was 4.55.

HKSE:01896's Days Inventory is ranked better than
74.27% of 241 companies
in the Interactive Media industry
Industry Median: 17.6 vs HKSE:01896: 4.00

Maoyan Entertainment's Days Inventory declined from Dec. 2022 (8.26) to Dec. 2023 (4.17).

Inventory Turnover measures how fast the company turns over its inventory within a year. Maoyan Entertainment's Inventory Turnover for the six months ended in Dec. 2023 was 43.78.

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. Maoyan Entertainment's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.

Maoyan Entertainment Days Inventory Historical Data

The historical data trend for Maoyan Entertainment'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.

Maoyan Entertainment Days Inventory Chart

Maoyan Entertainment Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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4.76

13.58

8.51

8.10

4.55

Maoyan Entertainment Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial										7.40	13.03	8.26	3.21	4.17

Competitive Comparison of Maoyan Entertainment's Days Inventory

For the Internet Content & Information subindustry, Maoyan Entertainment'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.

Maoyan Entertainment's Days Inventory Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Maoyan Entertainment's Days Inventory distribution charts can be found below:

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

Maoyan Entertainment Days Inventory Calculation

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

Maoyan Entertainment'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
=	( (21.524	+	43.129)	/	2 )	/	2594.995	*	365
=	32.3265					/	2594.995	*	365
=	4.55

Maoyan Entertainment'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (20.676	+	43.129)	/	2 )	/	1396.547	*	365 / 2
=	31.9025					/	1396.547	*	365 / 2
=	4.17

Maoyan Entertainment (HKSE:01896) 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.

Maoyan Entertainment's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1396.547	/	31.9025
	=	43.78

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.

Maoyan Entertainment's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	31.9025	/	2800.612
	=	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.

Maoyan Entertainment Days Inventory Related Terms

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

Maoyan Entertainment (HKSE:01896) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Maoyan Entertainment (HKSE:01896) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

9ME:Germany

Address

No. 11 Hepingli East Street, No. 3 Building, Yonghe Hangxing Garden, Dongcheng District, Beijing, CHN

Website

https://www.maoyan.com

Maoyan Entertainment is a China-based company which mainly operates an innovative Internet-empowered entertainment service platform. The company operates in three segments. The Online Entertainment Ticketing Services segment offers online ticketing services for comprehensive entertainment formats, such as movies and entertainment events. The Entertainment Content Services segment operates an integrated platform to provide entertainment content services, ranging from distribution, and promotion to production, for various entertainment formats including movies, TV series, variety shows, and entertainment events. The Advertising Services and Others segment serves advertisers in both the entertainment industry and other industries including automobile, electronics, and consumer products.

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