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Sound Group (Sound Group) Days Inventory : 0.00 (As of Sep. 2023)


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What is Sound Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sound Group's Average Total Inventories for the three months ended in Sep. 2023 was $0.0 Mil. Sound Group's Cost of Goods Sold for the three months ended in Sep. 2023 was $43.5 Mil. Hence, Sound Group's Days Inventory for the three months ended in Sep. 2023 was 0.00.

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

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

Sound Group's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 2023 (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. Sound Group's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.00.


Sound Group Days Inventory Historical Data

The historical data trend for Sound Group'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.

Sound Group Days Inventory Chart

Sound Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
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Sound Group Quarterly Data
Sep18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Sound Group's Days Inventory

For the Internet Content & Information subindustry, Sound Group'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.


Sound Group's Days Inventory Distribution in the Interactive Media Industry

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

* The bar in red indicates where Sound Group's Days Inventory falls into.



Sound Group Days Inventory Calculation

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

Sound Group's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 210.698*365
=0 / 210.698*365
=0.00

Sound Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 43.479*365 / 4
=0 / 43.479*365 / 4
=0.00

* 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.


Sound Group  (NAS:SOGP) 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.

Sound Group's Inventory Turnover for the three months ended in Sep. 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.

Sound Group's Inventory to Revenue for the three months ended in Sep. 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.


Sound Group Days Inventory Related Terms

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


Sound Group (Sound Group) Business Description

Traded in Other Exchanges
N/A
Address
Yangcheng Creative Industry Zone, No. 309 Middle Huangpu Avenue, Tianhe District, Guangzhou, CHN, 510655
Lizhi Inc is engaged in the operation of providing audio entertainment, podcast, advertising, and others in the People's Republic of China. The company aims to bring people closer together through voices through its product portfolios. It offers LIZHI App, an online UGC audio community, an interactive audio entertainment platform, and an online audio platform in China. The group's revenues comprise audio entertainment revenue, podcast, advertising, and other revenue. It derives a majority of its revenue from the People's Republic of China.