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Game Hours (ROCO:6626) Days Inventory : 0.00 (As of Dec. 2023)


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What is Game Hours Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Game Hours's Average Total Inventories for the six months ended in Dec. 2023 was NT$0.0 Mil. Game Hours's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$104.1 Mil. Hence, Game Hours's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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

ROCO:6626's Days Inventory is not ranked *
in the Interactive Media industry.
Industry Median: 16.81
* Ranked among companies with meaningful Days Inventory only.

Game Hours's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (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. Game Hours's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.


Game Hours Days Inventory Historical Data

The historical data trend for Game Hours'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.

Game Hours Days Inventory Chart

Game Hours Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Game Hours Semi-Annual Data
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 - - - - -

Competitive Comparison of Game Hours's Days Inventory

For the Electronic Gaming & Multimedia subindustry, Game Hours'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.


Game Hours's Days Inventory Distribution in the Interactive Media Industry

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

* The bar in red indicates where Game Hours's Days Inventory falls into.



Game Hours Days Inventory Calculation

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

Game Hours'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
=( (0 + 0) / 1 ) / 154.599*365
=0 / 154.599*365
=0.00

Game Hours'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
=( (0 + 0) / 1 ) / 104.119*365 / 2
=0 / 104.119*365 / 2
=0.00

* 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.


Game Hours  (ROCO:6626) 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.

Game Hours'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.

Game Hours'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.


Game Hours Days Inventory Related Terms

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


Game Hours (ROCO:6626) Business Description

Traded in Other Exchanges
N/A
Address
5th Floor, 189 Yanping South Road, Zhongzheng District, Taipei, TWN, 100
Game Hours Inc, formerly WeGames Corp is a Taiwan based company involved in the development of mobile games. It specializes in the card, arpg, social, and growing games. Some of the games offered by the company include Time to kill, RO. Eternal Love, Ragnarok Web, Game of Power and Academy of War.

Game Hours (ROCO:6626) Headlines

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