Shanda Games (Shanda Games) Days Inventory : 0.00 (As of Dec. 2014)

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

What is Shanda Games Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanda Games's Average Total Inventories for the six months ended in Dec. 2014 was $0.0 Mil. Shanda Games's Cost of Goods Sold for the six months ended in Dec. 2014 was $151.9 Mil. Hence, Shanda Games's Days Inventory for the six months ended in Dec. 2014 was 0.00.

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

GAME's Days Inventory is not ranked ^*
in the Interactive Media industry.
Industry Median: 17.6
* Ranked among companies with meaningful Days Inventory only.

Shanda Games's Days Inventory stayed the same from Dec. 2012 (0.00) to Dec. 2014 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Shanda Games's Inventory-to-Revenue for the six months ended in Dec. 2014 was 0.00.

Shanda Games Days Inventory Historical Data

The historical data trend for Shanda Games'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.

Shanda Games Days Inventory Chart

Shanda Games Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Days Inventory

Get a 7-Day Free Trial

Shanda Games Semi-Annual Data
	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14
Days Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Shanda Games's Days Inventory

For the Electronic Gaming & Multimedia subindustry, Shanda Games'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.

Shanda Games's Days Inventory Distribution in the Interactive Media Industry

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

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

Shanda Games Days Inventory Calculation

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

Shanda Games's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

	Days Inventory (A: Dec. 2014 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2013 )	+	Total Inventories (A: Dec. 2014 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2014 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	151.906	*	365
=	0					/	151.906	*	365
=	0.00

Shanda Games's Days Inventory for the quarter that ended in Dec. 2014 is calculated as:

	Days Inventory (Q: Dec. 2014 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2013 )	+	Total Inventories (Q: Dec. 2014 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2014 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	151.906	*	365 / 2
=	0					/	151.906	*	365 / 2
=	0.00

Shanda Games (NAS:GAME) 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.

Shanda Games's Inventory Turnover for the six months ended in Dec. 2014 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	151.906	/	0
	=

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.

Shanda Games's Inventory to Revenue for the six months ended in Dec. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	600.68
	=	0.00

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.

Shanda Games Days Inventory Related Terms

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

Shanda Games (Shanda Games) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Shanda Games Ltd (NAS:GAME) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Website

http://www.shandagames.com

Shanda Games Ltd was incorporated in the Cayman Islands on June 12, 2008. The Company is an online game company in China in terms of the size, diversity of its game portfolio, game revenues and game player base. It completed its initial public offering on September 30, 2009. It develop and source a broad array of game content through multiple channels, including in-house development, licensing, investment, acquisition, joint development and joint operation. As of March 31, 2015, it operated 35 MMO games and 29 mobile games in China and certain overseas markets. The games operated by the Company are: Mir II, BNB, Woool, Legend of Immortals, Age of Wushu, among others. It competes with other online game developers and operators in China, including Tencent Holdings Limited, NetEase, Inc., Changyou.com Limited, Perfect World Co., Ltd., Giant Interactive, Kingsoft, KongZhong Corporation, NetDragon Websoft, Inc. and The9 Limited.