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Gamania Digital Entertainment Co (ROCO:6180) Days Inventory : 7.56 (As of Dec. 2023)


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What is Gamania Digital Entertainment Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gamania Digital Entertainment Co's Average Total Inventories for the three months ended in Dec. 2023 was NT$109 Mil. Gamania Digital Entertainment Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$1,319 Mil. Hence, Gamania Digital Entertainment Co's Days Inventory for the three months ended in Dec. 2023 was 7.56.

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

ROCO:6180' s Days Inventory Range Over the Past 10 Years
Min: 2.84   Med: 5.33   Max: 7.24
Current: 7.13

During the past 13 years, Gamania Digital Entertainment Co's highest Days Inventory was 7.24. The lowest was 2.84. And the median was 5.33.

ROCO:6180's Days Inventory is ranked better than
64.46% of 242 companies
in the Interactive Media industry
Industry Median: 18.305 vs ROCO:6180: 7.13

Gamania Digital Entertainment Co's Days Inventory declined from Dec. 2022 (9.80) to Dec. 2023 (7.56).

Inventory Turnover measures how fast the company turns over its inventory within a year. Gamania Digital Entertainment Co's Inventory Turnover for the three months ended in Dec. 2023 was 12.07.

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. Gamania Digital Entertainment Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.05.


Gamania Digital Entertainment Co Days Inventory Historical Data

The historical data trend for Gamania Digital Entertainment 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.

Gamania Digital Entertainment Co Days Inventory Chart

Gamania Digital Entertainment 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 7.11 6.83 6.86 7.04 7.24

Gamania Digital Entertainment Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 9.80 6.74 8.20 6.22 7.56

Competitive Comparison of Gamania Digital Entertainment Co's Days Inventory

For the Electronic Gaming & Multimedia subindustry, Gamania Digital Entertainment 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.


Gamania Digital Entertainment Co's Days Inventory Distribution in the Interactive Media Industry

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

* The bar in red indicates where Gamania Digital Entertainment Co's Days Inventory falls into.



Gamania Digital Entertainment Co Days Inventory Calculation

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

Gamania Digital Entertainment 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
=( (128.927 + 108.991) / 2 ) / 5996.06*365
=118.959 / 5996.06*365
=7.24

Gamania Digital Entertainment Co'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (109.616 + 108.991) / 2 ) / 1319.35*365 / 4
=109.3035 / 1319.35*365 / 4
=7.56

* 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.


Gamania Digital Entertainment Co  (ROCO:6180) 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.

Gamania Digital Entertainment Co's Inventory Turnover for the three 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.

Gamania Digital Entertainment Co's Inventory to Revenue for the three 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.


Gamania Digital Entertainment Co Days Inventory Related Terms

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


Gamania Digital Entertainment Co (ROCO:6180) Business Description

Traded in Other Exchanges
N/A
Address
No.111, Ruihu Street, Neihu District, Taipei, TWN, 11494
Gamania Digital Entertainment Co Ltd is engaged in developing software for online games, multi-platform digital content, animation, and all forms of digital entertainment. The company's digital entertainment platform beanfun offers a great variety of game genres. The majority of the revenue is generated from online and mobile games. The company operates in Taiwan, Asia, and other countries, out of which Taiwan accounts for the majority of the revenue.

Gamania Digital Entertainment Co (ROCO:6180) Headlines

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