Asia Television Holdings (HKSE:00707) Days Inventory : 399.58 (As of Jun. 2023)

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What is Asia Television Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Asia Television Holdings's Average Total Inventories for the six months ended in Jun. 2023 was HK$54.7 Mil. Asia Television Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$25.0 Mil. Hence, Asia Television Holdings's Days Inventory for the six months ended in Jun. 2023 was 399.58.

The historical rank and industry rank for Asia Television Holdings's Days Inventory or its related term are showing as below:

HKSE:00707' s Days Inventory Range Over the Past 10 Years
Min: 131.33 Med: 190.15 Max: 347.63
Current: 131.33

During the past 13 years, Asia Television Holdings's highest Days Inventory was 347.63. The lowest was 131.33. And the median was 190.15.

HKSE:00707's Days Inventory is ranked worse than
50.05% of 1003 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 131.33 vs HKSE:00707: 131.33

Asia Television Holdings's Days Inventory increased from Jun. 2022 (176.30) to Jun. 2023 (399.58). It might indicate that Asia Television Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Asia Television Holdings's Inventory Turnover for the six months ended in Jun. 2023 was 0.46.

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. Asia Television Holdings's Inventory-to-Revenue for the six months ended in Jun. 2023 was 2.04.

Asia Television Holdings Days Inventory Historical Data

The historical data trend for Asia Television 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.

Asia Television Holdings Days Inventory Chart

Asia Television Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

205.56

174.73

143.75

171.33

125.26

Asia Television 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															107.88	176.30	148.34	399.58	76.67

Competitive Comparison of Asia Television Holdings's Days Inventory

For the Textile Manufacturing subindustry, Asia Television 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.

Asia Television Holdings's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Asia Television Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Asia Television Holdings's Days Inventory falls into.

Asia Television Holdings Days Inventory Calculation

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

Asia Television Holdings's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (53.225	+	54.439)	/	2 )	/	114.683	*	365
=	53.832					/	114.683	*	365
=	171.33

Asia Television Holdings's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (54.439	+	54.964)	/	2 )	/	24.984	*	365 / 2
=	54.7015					/	24.984	*	365 / 2
=	399.58

Asia Television Holdings (HKSE:00707) 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.

Asia Television Holdings's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	24.984	/	54.7015
	=	0.46

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.

Asia Television Holdings's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	54.7015	/	26.81
	=	2.04

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.

Asia Television Holdings Days Inventory Related Terms

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

Asia Television Holdings (HKSE:00707) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Asia Television Holdings Ltd (HKSE:00707) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

14 Science Museum Road, Room 903, 9th Floor, Tower A, New Mandarin Plaza, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG

Website

http://www.atvgroup.com.hk

Asia Television Holdings Ltd is an investment holding company. The company has six reportable operating segments: Processing, printing, and sales of finished fabrics and subcontracting services in the PRC; Trading of fabrics and clothing; Money lending; Securities investment; Media, cultural and entertainment; and Securities brokerage services and margin finance. The company generates a vast majority of its revenue from processing, printing, and sales of finished fabrics and subcontracting services in the PRC. Geographically, it has sales in the PRC, Malaysia, and Hong Kong.

Executives

Oriental Textlie Products Limited	2101 Beneficial owner
Liu Minbin	2101 Beneficial owner
Deng Jun Jie	2101 Beneficial owner
Build Rise Capital Group Limited	2201 Interest of corporation controlled by you
China Special Economic Zone Development Limited	2101 Beneficial owner
Ma Fai	2201 Interest of corporation controlled by you
Honghu Capital Co. Ltd.	2101 Beneficial owner
Forward Fund Spc - Leader Sp	2101 Beneficial owner
Kkc Capital Limited	2102 Investment manager
Kkc Capital Spc - Kkc Capital High Growth Fund Segregated Portfolio	2101 Beneficial owner

Asia Television Holdings (HKSE:00707) Headlines

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