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Ourgame International Holdings (FRA:13O) Days Inventory : 0.94 (As of Jun. 2023)


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What is Ourgame International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ourgame International Holdings's Average Total Inventories for the six months ended in Jun. 2023 was €0.07 Mil. Ourgame International Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was €14.08 Mil. Hence, Ourgame International Holdings's Days Inventory for the six months ended in Jun. 2023 was 0.94.

The historical rank and industry rank for Ourgame International Holdings's Days Inventory or its related term are showing as below:

FRA:13O' s Days Inventory Range Over the Past 10 Years
Min: 0.96   Med: 2.05   Max: 5.35
Current: 0.96

During the past 10 years, Ourgame International Holdings's highest Days Inventory was 5.35. The lowest was 0.96. And the median was 2.05.

FRA:13O's Days Inventory is not ranked
in the Interactive Media industry.
Industry Median: 16.98 vs FRA:13O: 0.96

Ourgame International Holdings's Days Inventory declined from Jun. 2022 (2.76) to Jun. 2023 (0.94).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ourgame International Holdings's Inventory Turnover for the six months ended in Jun. 2023 was 194.17.

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. Ourgame International Holdings's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.00.


Ourgame International Holdings Days Inventory Historical Data

The historical data trend for Ourgame International Holdings'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.

Ourgame International Holdings Days Inventory Chart

Ourgame International Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 2.44 2.08 2.05 1.54

Ourgame International Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 3.86 2.58 2.76 1.01 0.94

Competitive Comparison of Ourgame International Holdings's Days Inventory

For the Electronic Gaming & Multimedia subindustry, Ourgame International Holdings'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.


Ourgame International Holdings's Days Inventory Distribution in the Interactive Media Industry

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

* The bar in red indicates where Ourgame International Holdings's Days Inventory falls into.



Ourgame International Holdings Days Inventory Calculation

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

Ourgame International Holdings'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
=( (0.079 + 0.074) / 2 ) / 18.117*365
=0.0765 / 18.117*365
=1.54

Ourgame International Holdings's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0.074 + 0.071) / 2 ) / 14.077*365 / 2
=0.0725 / 14.077*365 / 2
=0.94

* 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.


Ourgame International Holdings  (FRA:13O) 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.

Ourgame International Holdings's Inventory Turnover for the six months ended in Jun. 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.

Ourgame International Holdings's Inventory to Revenue for the six months ended in Jun. 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.


Ourgame International Holdings Days Inventory Related Terms

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


Ourgame International Holdings (FRA:13O) Business Description

Traded in Other Exchanges
N/A
Address
1 Matheson Street, 31/F, Tower Two Times Square, Causeway Bay, Hong Kong, HKG
Ourgame International Holdings Ltd is engaged in the development and operation of online card and board, organizing and broadcasting online to offline mind-sports events, tournaments, TV shows and content. The company's products include board games, card games, mahjong games, casual games, flash games, Texas Hold'em, Fight the Landlord, mobile games, and other self-developed games. It organizes its business in three segments namely PC games, Mobile games and others which include game tournaments organized by the company. Revenue generated by the company mostly comes from China through sales of games as well as sponsorship income and other miscellaneous revenue.

Ourgame International Holdings (FRA:13O) Headlines

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