GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Meitu Inc (HKSE:01357) » Definitions » Days Inventory

Meitu (HKSE:01357) Days Inventory : 18.19 (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Meitu Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Meitu's Average Total Inventories for the six months ended in Dec. 2023 was HK$58 Mil. Meitu's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$583 Mil. Hence, Meitu's Days Inventory for the six months ended in Dec. 2023 was 18.19.

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

HKSE:01357' s Days Inventory Range Over the Past 10 Years
Min: 2.13   Med: 26.82   Max: 419.16
Current: 15.49

During the past 11 years, Meitu's highest Days Inventory was 419.16. The lowest was 2.13. And the median was 26.82.

HKSE:01357's Days Inventory is ranked better than
52.08% of 240 companies
in the Interactive Media industry
Industry Median: 19.105 vs HKSE:01357: 15.49

Meitu's Days Inventory increased from Dec. 2022 (15.47) to Dec. 2023 (18.19). It might indicate that Meitu's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Meitu's Inventory Turnover for the six months ended in Dec. 2023 was 10.03.

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. Meitu's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.04.


Meitu Days Inventory Historical Data

The historical data trend for Meitu'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.

Meitu Days Inventory Chart

Meitu 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 249.75 6.80 2.13 6.29 14.03

Meitu Semi-Annual Data
Dec13 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 2.87 9.79 15.47 14.14 18.19

Competitive Comparison of Meitu's Days Inventory

For the Internet Content & Information subindustry, Meitu'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.


Meitu's Days Inventory Distribution in the Interactive Media Industry

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

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



Meitu Days Inventory Calculation

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

Meitu'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
=( (28.578 + 58.887) / 2 ) / 1137.379*365
=43.7325 / 1137.379*365
=14.03

Meitu'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
=( (57.356 + 58.887) / 2 ) / 582.987*365 / 2
=58.1215 / 582.987*365 / 2
=18.19

* 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.


Meitu  (HKSE:01357) 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.

Meitu'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.

Meitu'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.


Meitu Days Inventory Related Terms

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


Meitu (HKSE:01357) Business Description

Traded in Other Exchanges
Address
No. 2557 Binhai West Avenue, Meitu Tower, Building 2, Meifeng Innovation Valley, Tong’an District, Xiamen, Fujian, CHN
Meitu Inc is an investment holding company. It is engaged in the provision of online advertising and other Internet value-added services by offering a portfolio of photo and community apps that enjoys popularity in the PRC and overseas and the smart hardware business involving the production of MeituEve: a commercial artificial intelligence skin analyser, MeituKey: a contact skin analyser, MeituSpa: an artificial intelligence cleansing brush and Meitu Genius: an artificial intelligence smart mirror. The company operates in one operating segment including internet business that consists of online advertising and internet value-added services.

Meitu (HKSE:01357) Headlines

No Headlines