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Phoenix Media Investment (Holdings) (HKSE:02008) Days Inventory : 0.67 (As of Dec. 2023)


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What is Phoenix Media Investment (Holdings) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Phoenix Media Investment (Holdings)'s Average Total Inventories for the six months ended in Dec. 2023 was HK$4 Mil. Phoenix Media Investment (Holdings)'s Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,165 Mil. Hence, Phoenix Media Investment (Holdings)'s Days Inventory for the six months ended in Dec. 2023 was 0.67.

The historical rank and industry rank for Phoenix Media Investment (Holdings)'s Days Inventory or its related term are showing as below:

HKSE:02008' s Days Inventory Range Over the Past 10 Years
Min: 0.66   Med: 1.03   Max: 1.16
Current: 0.72

During the past 13 years, Phoenix Media Investment (Holdings)'s highest Days Inventory was 1.16. The lowest was 0.66. And the median was 1.03.

HKSE:02008's Days Inventory is ranked better than
89.21% of 241 companies
in the Interactive Media industry
Industry Median: 17.6 vs HKSE:02008: 0.72

Phoenix Media Investment (Holdings)'s Days Inventory stayed the same from Dec. 2022 (0.67) to Dec. 2023 (0.67).

Inventory Turnover measures how fast the company turns over its inventory within a year. Phoenix Media Investment (Holdings)'s Inventory Turnover for the six months ended in Dec. 2023 was 271.42.

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. Phoenix Media Investment (Holdings)'s Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.


Phoenix Media Investment (Holdings) Days Inventory Historical Data

The historical data trend for Phoenix Media Investment (Holdings)'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.

Phoenix Media Investment (Holdings) Days Inventory Chart

Phoenix Media Investment (Holdings) 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 1.09 1.02 0.70 0.66 0.74

Phoenix Media Investment (Holdings) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.58 0.59 0.67 0.74 0.67

Competitive Comparison of Phoenix Media Investment (Holdings)'s Days Inventory

For the Internet Content & Information subindustry, Phoenix Media Investment (Holdings)'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.


Phoenix Media Investment (Holdings)'s Days Inventory Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Phoenix Media Investment (Holdings)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Phoenix Media Investment (Holdings)'s Days Inventory falls into.



Phoenix Media Investment (Holdings) Days Inventory Calculation

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

Phoenix Media Investment (Holdings)'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
=( (5.171 + 4.305) / 2 ) / 2327.76*365
=4.738 / 2327.76*365
=0.74

Phoenix Media Investment (Holdings)'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
=( (4.281 + 4.305) / 2 ) / 1165.202*365 / 2
=4.293 / 1165.202*365 / 2
=0.67

* 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.


Phoenix Media Investment (Holdings)  (HKSE:02008) 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.

Phoenix Media Investment (Holdings)'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.

Phoenix Media Investment (Holdings)'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.


Phoenix Media Investment (Holdings) Days Inventory Related Terms

Thank you for viewing the detailed overview of Phoenix Media Investment (Holdings)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Phoenix Media Investment (Holdings) (HKSE:02008) Business Description

Traded in Other Exchanges
N/A
Address
No. 2-6 Dai King Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG
Phoenix Media Investment (Holdings) Ltd is engaged in satellite television broadcasting and the provision of new media services. The group mainly operates in five segments; Television broadcasting, Internet media, Outdoor media, Real estate, and Other activities. It generates maximum revenue from the Television broadcasting segment. The Television broadcasting business is engaged in the broadcasting of television programs and commercials and the provision of promotion activities.

Phoenix Media Investment (Holdings) (HKSE:02008) Headlines

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