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Forgame Holdings (FRA:FH0) Days Inventory : 121.13 (As of Dec. 2023)


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What is Forgame Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Forgame Holdings's Average Total Inventories for the six months ended in Dec. 2023 was €2.92 Mil. Forgame Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was €4.40 Mil. Hence, Forgame Holdings's Days Inventory for the six months ended in Dec. 2023 was 121.13.

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

FRA:FH0' s Days Inventory Range Over the Past 10 Years
Min: 75.63   Med: 156.72   Max: 209.09
Current: 193.9

During the past 12 years, Forgame Holdings's highest Days Inventory was 209.09. The lowest was 75.63. And the median was 156.72.

FRA:FH0's Days Inventory is ranked worse than
79.5% of 2410 companies
in the Hardware industry
Industry Median: 101.695 vs FRA:FH0: 193.90

Forgame Holdings's Days Inventory increased from Dec. 2022 (119.66) to Dec. 2023 (121.13). It might indicate that Forgame Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Forgame Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 1.51.

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. Forgame Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.62.


Forgame Holdings Days Inventory Historical Data

The historical data trend for Forgame 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.

Forgame Holdings Days Inventory Chart

Forgame Holdings 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 - 75.66 125.72 199.52 191.17

Forgame Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 430.43 445.20 119.66 357.96 121.13

Competitive Comparison of Forgame Holdings's Days Inventory

For the Electronics & Computer Distribution subindustry, Forgame 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.


Forgame Holdings's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Forgame Holdings's Days Inventory distribution charts can be found below:

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



Forgame Holdings Days Inventory Calculation

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

Forgame Holdings'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
=( (4.793 + 2.086) / 2 ) / 6.567*365
=3.4395 / 6.567*365
=191.17

Forgame Holdings'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (3.751 + 2.086) / 2 ) / 4.397*365 / 2
=2.9185 / 4.397*365 / 2
=121.13

* 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.


Forgame Holdings  (FRA:FH0) 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.

Forgame Holdings's Inventory Turnover for the six 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.

Forgame Holdings's Inventory to Revenue for the six 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.


Forgame Holdings Days Inventory Related Terms

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


Forgame Holdings (FRA:FH0) Business Description

Traded in Other Exchanges
Address
Room 1106, Block A Phase I, Tianan Digital City, Innovation Technology Plaza, Futian District, Chegongmiao, Shenzhen, CHN
Forgame Holdings Ltd y is an investment holding company. It is engaged in developing and publishing domestic and overseas webgames and mobile games, and trading of electronic device and semiconductor in the People's Republic of China. Its segments include Game business, and Electronic device and semiconductor business. Majority of the revenue is derived from Game business. The Group also conducts operations in Hong Kong and other regions, majority of the revenue is generated from PRC region (excluding Hong Kong).

Forgame Holdings (FRA:FH0) Headlines

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