Days Inventory is also known as Days Sales of Inventory (DSI). Qingci Games's Average Total Inventories for the
six
months ended in Jun. 2024 was HK$1.3 Mil. Qingci Games's Cost of Goods Sold for the
six
months ended in Jun. 2024 was HK$140.8 Mil.
Hence, Qingci Games's Days Inventory for the
six
months ended in Jun. 2024 was 1.64.
The historical rank and industry rank for Qingci Games's Days Inventory or its related term are showing as below:
HKSE:06633'
s Days Inventory Range Over the Past 10 Years
Min: 0.28 Med: 0.33 Max: 0.78
Current: 0.78
During the past 6 years, Qingci Games's highest Days Inventory was 0.78. The lowest was 0.28. And the median was 0.33.
HKSE:06633's Days Inventory is ranked better than 89.75% of 244
companies
in the Interactive Media industry
Industry Median: 16.28
vs HKSE:06633: 0.78
Qingci Games's Days Inventory
increased
from Jun. 2023 (0.12) to Jun. 2024 (1.64).
It might indicate that Qingci Games's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Qingci Games's Inventory Turnover for the
six
months ended in Jun. 2024 was 111.56.
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.
Qingci Games's Inventory-to-Revenue for the
six
months ended in Jun. 2024 was 0.00.
Qingci Games Days Inventory Historical Data
The historical data trend for Qingci Games'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.
Competitive Comparison of Qingci Games's Days Inventory
For the Electronic Gaming & Multimedia subindustry, Qingci Games'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.
Qingci Games's Days Inventory Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Qingci Games's Days Inventory distribution charts can be found below:
* The bar in red indicates where Qingci Games's Days Inventory falls into.
Qingci Games Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Qingci Games's Days Inventory for the fiscal year that 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.
Qingci Games (HKSE:06633) 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.
Qingci Games's Inventory Turnover for the
six
months ended in Jun. 2024 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.
Qingci Games's Inventory to Revenue for the
six
months ended in Jun. 2024 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.
Qingci Games Days Inventory Related Terms
Thank you for viewing the detailed overview of Qingci Games's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Qingci Games Inc is a integrated mobile game developer and publisher in China. It offers mobile games that are designed to provide captivating content as well as distinctive and engaging gameplay experiences to players in mainland China and overseas.
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