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i-CABLE Communications (i-CABLE Communications) Days Inventory : 1.47 (As of Dec. 2023)


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What is i-CABLE Communications Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). i-CABLE Communications's Average Total Inventories for the six months ended in Dec. 2023 was $0.53 Mil. i-CABLE Communications's Cost of Goods Sold for the six months ended in Dec. 2023 was $65.68 Mil. Hence, i-CABLE Communications's Days Inventory for the six months ended in Dec. 2023 was 1.47.

The historical rank and industry rank for i-CABLE Communications's Days Inventory or its related term are showing as below:

ICABY' s Days Inventory Range Over the Past 10 Years
Min: 2.2   Med: 3.76   Max: 5.17
Current: 2.2

During the past 13 years, i-CABLE Communications's highest Days Inventory was 5.17. The lowest was 2.20. And the median was 3.76.

ICABY's Days Inventory is ranked better than
88.18% of 660 companies
in the Media - Diversified industry
Industry Median: 26.41 vs ICABY: 2.20

i-CABLE Communications's Days Inventory declined from Dec. 2022 (2.63) to Dec. 2023 (1.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. i-CABLE Communications's Inventory Turnover for the six months ended in Dec. 2023 was 123.93.

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. i-CABLE Communications's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.


i-CABLE Communications Days Inventory Historical Data

The historical data trend for i-CABLE Communications'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.

i-CABLE Communications Days Inventory Chart

i-CABLE Communications 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 3.41 3.95 3.01 3.54 2.21

i-CABLE Communications 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 2.83 4.24 2.63 3.43 1.47

Competitive Comparison of i-CABLE Communications's Days Inventory

For the Entertainment subindustry, i-CABLE Communications'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.


i-CABLE Communications's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, i-CABLE Communications's Days Inventory distribution charts can be found below:

* The bar in red indicates where i-CABLE Communications's Days Inventory falls into.



i-CABLE Communications Days Inventory Calculation

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

i-CABLE Communications'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
=( (0.831 + 0.437) / 2 ) / 104.49*365
=0.634 / 104.49*365
=2.21

i-CABLE Communications'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
=( (0.623 + 0.437) / 2 ) / 65.684*365 / 2
=0.53 / 65.684*365 / 2
=1.47

* 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.


i-CABLE Communications  (OTCPK:ICABY) 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.

i-CABLE Communications'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.

i-CABLE Communications'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.


i-CABLE Communications Days Inventory Related Terms

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


i-CABLE Communications (i-CABLE Communications) Business Description

Traded in Other Exchanges
Address
9 Hoi Shing Road, 7th Floor, Cable TV Tower, Tsuen Wan, Hong Kong, HKG
i-CABLE Communications Ltd is an investment holding company engaged in operating in two business segments; The media segment includes operations related to the television subscription business, domestic free television program service, advertising, channel carriage, television relay service, program licensing, theatrical release, and other related businesses, and The telecommunications segment includes operations related to broadband internet access services, portal operation, telephony services, network leasing, network construction, mobile service, and mobile agency service as well as other related businesses.

i-CABLE Communications (i-CABLE Communications) Headlines

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