NetDragon Websoft (HKSE:00777) Change In Inventory : HK$330 Mil (TTM As of Dec. 2023)

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What is NetDragon Websoft Change In Inventory?

NetDragon Websoft's change in inventory for the quarter that ended in Dec. 2023 was HK$140 Mil. It means NetDragon Websoft's inventory declined by HK$140 Mil from Jun. 2023 to Dec. 2023 .

NetDragon Websoft's change in inventory for the fiscal year that ended in Dec. 2023 was HK$330 Mil. It means NetDragon Websoft's inventory declined by HK$330 Mil from Dec. 2022 to Dec. 2023 .

NetDragon Websoft's Total Inventories for the quarter that ended in Dec. 2023 was HK$520 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NetDragon Websoft's Days Inventory for the quarter that ended in Dec. 2023 was 101.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. NetDragon Websoft's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.81.

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. NetDragon Websoft's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.21.

NetDragon Websoft Change In Inventory Historical Data

The historical data trend for NetDragon Websoft's Change In 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.

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NetDragon Websoft Change In Inventory Chart

NetDragon Websoft Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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73.48

-123.47

-457.95

-261.31

330.32

NetDragon Websoft Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-372.90	-158.25	-110.56	190.32	140.00

NetDragon Websoft Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$330 Mil.

NetDragon Websoft (HKSE:00777) Change In Inventory Explanation

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

NetDragon Websoft's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	792.9905	/	1431.757	*	365 / 2
	=	101.08

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

NetDragon Websoft's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1431.757	/	792.9905
	=	1.81

3. 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.

NetDragon Websoft's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	792.9905	/	3740.724
	=	0.21

NetDragon Websoft Change In Inventory Related Terms

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NetDragon Websoft (HKSE:00777) Business Description

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3ND:Germany

Address

58 Wenquan Branch Road, 851 Building, Fuzhou, CHN

Website

http://www.nd.com.cn

NetDragon Websoft Inc is a Chinese holding company that engages in developing and operating online and mobile games as well as educational platforms. NetDragon's games include PC games, web-based games, mobile games, and e-sports games. PC games constitute the majority of the company's games sales. The company's game portfolio is composed of a range of games that appeal to various types of players. These games include Way of the Five, Eudemons Online, Conquer Online, Zero Online, and Heroes of Might & Magic Online. The company has operations in North America, Europe, and Asia.

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