China VTV (China VTV) Change In Inventory : $-5.32 Mil (TTM As of Aug. 2020)

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What is China VTV Change In Inventory?

China VTV's change in inventory for the quarter that ended in Aug. 2020 was $-2.21 Mil. It means China VTV's inventory increased by $2.21 Mil from May. 2020 to Aug. 2020 .

China VTV's change in inventory for the fiscal year that ended in Feb. 2020 was $0.00 Mil. It means China VTV's inventory stayed the same from Feb. 2019 to Feb. 2020 .

China VTV's Total Inventories for the quarter that ended in Aug. 2020 was $7.42 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China VTV's Days Inventory for the quarter that ended in Aug. 2020 was 536.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. China VTV's Inventory Turnover for the quarter that ended in Aug. 2020 was 0.17.

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. China VTV's Inventory-to-Revenue for the quarter that ended in Aug. 2020 was 2.45.

China VTV Change In Inventory Historical Data

The historical data trend for China VTV's Change In 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.

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China VTV Change In Inventory Chart

China VTV Annual Data

Trend

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Change In Inventory

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China VTV Quarterly Data
	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-3.11	-2.21

China VTV Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Aug. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.32 Mil.

China VTV (OTCPK:CVTV) Change In Inventory Explanation

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

China VTV's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	7.419	/	1.262	*	365 / 4
	=	536.44

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

China VTV's Inventory Turnover for the quarter that ended in Aug. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.262	/	7.419
	=	0.17

3. 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.

China VTV's Inventory to Revenue for the quarter that ended in Aug. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.419	/	3.024
	=	2.45

China VTV Change In Inventory Related Terms

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China VTV (China VTV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » China VTV Ltd (OTCPK:CVTV) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

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Address

315-321 Lockhart Road, 23 Floor, Flat C, Wan Chai, Hong Kong, HKG

Website

http://www.tbamm.com

China VTV Ltd is an early stage internet-based online entertainment media company that focuses on audience interaction, entertainment, and business opportunities. It has established a Blockchain cloud-based platform that distributes news, videos, television shows, travel programs, and other entertainment programs via the internet to the end devices, such as computers, smart TVs, smartphones, and tablets. The company generates revenue from the sales of copyrights, original stories, and finished products, licensing literal copyrights, and advertising services.

Executives

Jack Chen

director, 10 percent owner, officer: See Remarks

ROOM 701, BUILDING 13, LANE 51 SHANGZHONG ROAD, XUHUI DISTRICT SHANGHAI F4 00000

China VTV (China VTV) Headlines

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