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China Film Co (SHSE:600977) Days Inventory : 208.37 (As of Mar. 2024)


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What is China Film Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Film Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥1,696 Mil. China Film Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥743 Mil. Hence, China Film Co's Days Inventory for the three months ended in Mar. 2024 was 208.37.

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

SHSE:600977' s Days Inventory Range Over the Past 10 Years
Min: 63.47   Med: 80.3   Max: 252.47
Current: 190.13

During the past 13 years, China Film Co's highest Days Inventory was 252.47. The lowest was 63.47. And the median was 80.30.

SHSE:600977's Days Inventory is ranked worse than
86.38% of 661 companies
in the Media - Diversified industry
Industry Median: 26.45 vs SHSE:600977: 190.13

China Film Co's Days Inventory increased from Mar. 2023 (171.08) to Mar. 2024 (208.37). It might indicate that China Film Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Film Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.44.

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 Film Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.65.


China Film Co Days Inventory Historical Data

The historical data trend for China Film Co'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.

China Film Co Days Inventory Chart

China Film Co 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 81.65 179.43 113.68 252.47 160.20

China Film Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 171.08 178.57 194.17 193.38 208.37

Competitive Comparison of China Film Co's Days Inventory

For the Entertainment subindustry, China Film Co'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.


China Film Co's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China Film Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Film Co's Days Inventory falls into.



China Film Co Days Inventory Calculation

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

China Film Co'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
=( (1880.121 + 1655.344) / 2 ) / 4027.701*365
=1767.7325 / 4027.701*365
=160.20

China Film Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1655.344 + 1736.954) / 2 ) / 742.786*365 / 4
=1696.149 / 742.786*365 / 4
=208.37

* 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.


China Film Co  (SHSE:600977) 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.

China Film Co's Inventory Turnover for the three months ended in Mar. 2024 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.

China Film Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


China Film Co Days Inventory Related Terms

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


China Film Co (SHSE:600977) Business Description

Traded in Other Exchanges
N/A
Address
No. 7 Beizhan North Street, Block E, Huayuan Enterprise, Xicheng District, Beijing, CHN
China Film Co Ltd is a China-based company engaged in the production and distribution of films. It is also involved in the production of television programs, operating and managing theatres, and providing film screening, marketing, and brokerage services. The company's production areas include two-dimensional animation, three-dimensional animation, three-dimensional animation, grid-by-frame animation and other mainstream animation production at home and abroad. The production of the animation includes dolls, clay dolls, paper-cutting, sand and other forms, and further in-depth development of production equipment and processes overseas.

China Film Co (SHSE:600977) Headlines

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