GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Guangdong Guangzhou Daily Media Co Ltd (SZSE:002181) » Definitions » Days Inventory

Guangdong Guangzhou Daily Media Co (SZSE:002181) Days Inventory : 65.25 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Guangdong Guangzhou Daily Media Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guangdong Guangzhou Daily Media Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥58.3 Mil. Guangdong Guangzhou Daily Media Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥81.6 Mil. Hence, Guangdong Guangzhou Daily Media Co's Days Inventory for the three months ended in Mar. 2024 was 65.25.

The historical rank and industry rank for Guangdong Guangzhou Daily Media Co's Days Inventory or its related term are showing as below:

SZSE:002181' s Days Inventory Range Over the Past 10 Years
Min: 45.28   Med: 57.57   Max: 98.78
Current: 52.71

During the past 13 years, Guangdong Guangzhou Daily Media Co's highest Days Inventory was 98.78. The lowest was 45.28. And the median was 57.57.

SZSE:002181's Days Inventory is ranked worse than
62.21% of 651 companies
in the Media - Diversified industry
Industry Median: 26.06 vs SZSE:002181: 52.71

Guangdong Guangzhou Daily Media Co's Days Inventory declined from Mar. 2023 (79.33) to Mar. 2024 (65.25).

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangdong Guangzhou Daily Media Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.40.

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. Guangdong Guangzhou Daily Media Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.53.


Guangdong Guangzhou Daily Media Co Days Inventory Historical Data

The historical data trend for Guangdong Guangzhou Daily Media 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.

Guangdong Guangzhou Daily Media Co Days Inventory Chart

Guangdong Guangzhou Daily Media 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 98.78 91.71 60.61 56.72 50.79

Guangdong Guangzhou Daily Media 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 79.33 53.10 51.10 41.79 65.25

Competitive Comparison of Guangdong Guangzhou Daily Media Co's Days Inventory

For the Publishing subindustry, Guangdong Guangzhou Daily Media 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.


Guangdong Guangzhou Daily Media Co's Days Inventory Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Guangdong Guangzhou Daily Media Co's Days Inventory falls into.



Guangdong Guangzhou Daily Media Co Days Inventory Calculation

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

Guangdong Guangzhou Daily Media 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
=( (58.596 + 54.617) / 2 ) / 406.775*365
=56.6065 / 406.775*365
=50.79

Guangdong Guangzhou Daily Media 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
=( (54.617 + 62.047) / 2 ) / 81.578*365 / 4
=58.332 / 81.578*365 / 4
=65.25

* 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.


Guangdong Guangzhou Daily Media Co  (SZSE:002181) 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.

Guangdong Guangzhou Daily Media 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.

Guangdong Guangzhou Daily Media 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.


Guangdong Guangzhou Daily Media Co Days Inventory Related Terms

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


Guangdong Guangzhou Daily Media Co (SZSE:002181) Business Description

Traded in Other Exchanges
N/A
Address
Room 3001 Yuexiu Town Square, 437 Dongfeng Zhong Road, Guangzhou, CHN, 510030
Guangdong Guangzhou Daily Media Co Ltd is a newspaper media company. Its principal business involves advertising operations, distribution of logistics, newspapers and periodicals, printing and packaging and new media. In addition, the company is also involved in the field of cultural media industry investment.
Executives
Gu Jian Qing Director
Zhu Zheng Fu Independent director
Ceng Wei Executives
Liu Qing Zhou Supervisors

Guangdong Guangzhou Daily Media Co (SZSE:002181) Headlines

No Headlines