GME Innotainment (GME Innotainment) Days Inventory : 0.00 (As of Sep. 2015)

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What is GME Innotainment Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GME Innotainment's Average Total Inventories for the three months ended in Sep. 2015 was $0.00 Mil. GME Innotainment's Cost of Goods Sold for the three months ended in Sep. 2015 was $1.55 Mil. Hence, GME Innotainment's Days Inventory for the three months ended in Sep. 2015 was 0.00.

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

GMEV's Days Inventory is not ranked ^*
in the Industrial Products industry.
Industry Median: 121.615
* Ranked among companies with meaningful Days Inventory only.

GME Innotainment's Days Inventory stayed the same from Sep. 2014 (0.00) to Sep. 2015 (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. GME Innotainment's Inventory-to-Revenue for the three months ended in Sep. 2015 was 0.00.

GME Innotainment Days Inventory Historical Data

The historical data trend for GME Innotainment'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.

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GME Innotainment Days Inventory Chart

GME Innotainment Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Days Inventory

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4.57

8.96

2.34

GME Innotainment Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of GME Innotainment's Days Inventory

For the Pollution & Treatment Controls subindustry, GME Innotainment'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.

GME Innotainment's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GME Innotainment's Days Inventory distribution charts can be found below:

* The bar in red indicates where GME Innotainment's Days Inventory falls into.

GME Innotainment Days Inventory Calculation

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

GME Innotainment's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

	Days Inventory (A: Dec. 2014 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2013 )	+	Total Inventories (A: Dec. 2014 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2014 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	2.417	*	365
=	0					/	2.417	*	365
=	0.00

GME Innotainment's Days Inventory for the quarter that ended in Sep. 2015 is calculated as:

	Days Inventory (Q: Sep. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2015 )	+	Total Inventories (Q: Sep. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2015 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1.551	*	365 / 4
=	0					/	1.551	*	365 / 4
=	0.00

GME Innotainment (OTCPK:GMEV) 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.

GME Innotainment's Inventory Turnover for the three months ended in Sep. 2015 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.551	/	0
	=

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.

GME Innotainment's Inventory to Revenue for the three months ended in Sep. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	1.948
	=	0.00

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.

GME Innotainment Days Inventory Related Terms

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

GME Innotainment (GME Innotainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GME Innotainment Inc (OTCPK:GMEV) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

208 East 51st Street, Suite 170, New York, NY, USA, 10022

Website

https://www.srcorpgroup.com

GME Innotainment Inc is engaged in marketing, selling, and maintaining a patented water purification and filtration system. The company's target markets include agriculture, aquaculture, disaster response and relief, emergency preparedness, laundry services, energy, food and beverage, healthcare, industrial, marine, mining municipal and government, non-government organizations, correctional facilities, hotels and resorts, institutions of higher learning, public and private water authorities.