NetEase Cloud Music (HKSE:09899) Inventory Turnover: 0.00 (As of Dec. 2025)

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HKSE:09899 NetEase Cloud Music Inc HKSE:09899
74 GF Score
Price HK$124.60
GF Value HK$108.21
Valuation Modestly Overvalued
! 3 Warning Signs
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What is NetEase Cloud Music Inventory Turnover?

NetEase Cloud Music HKSE:09899 -0.16% 74 Inventory Turnover is 0.00 as of Dec. 2025. GuruFocus rates HKSE:09899 with a GF Score™ of 74/100 and a GF Value™ of HK$108.21 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. NetEase Cloud Music's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$2,823 Mil. NetEase Cloud Music's Average Total Inventories for the quarter that ended in Dec. 2025 was HK$0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NetEase Cloud Music's Days Inventory for the six months ended in Dec. 2025 was 0.00.

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. NetEase Cloud Music's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.00.


NetEase Cloud Music  (HKSE:09899) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

NetEase Cloud Music's Days Inventory for the six months ended in Dec. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=0/2822.822*365 / 2
=0.00

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.

NetEase Cloud Music's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=0 / 4344.147
=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.


Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


NetEase Cloud Music Inventory Turnover Related Terms


NetEase Cloud Music Inventory Turnover Historical Data

* Premium members only.

The historical data trend for NetEase Cloud Music's Inventory Turnover 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.

NetEase Cloud Music Inventory Turnover Chart

NetEase Cloud Music Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

NetEase Cloud Music Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 333.44 0.00 0.00 0.00 0.00
HKSE:09899
74GF Score
NetEase Cloud Music Inc HKSE:09899
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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NetEase Cloud Music Inventory Turnover Calculation

NetEase Cloud Music's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=5512.421 / ((0 + 0) / 1 )
=5512.421 / 0
=N/A

NetEase Cloud Music's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover (Q: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2025 ) / ((Total Inventories (Q: Jun. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count )
=2822.822 / ((0 + 0) / 1 )
=2822.822 / 0
=N/A

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
NetEase Cloud Music (HKSE:09899) has a Inventory Turnover of 0.00 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on NetEase Cloud Music and its competitors.
Is NetEase Cloud Music's Inventory Turnover too high?
NetEase Cloud Music's current Inventory Turnover is 0.00. Overall, NetEase Cloud Music has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NetEase Cloud Music's Inventory Turnover compare to GOOGL and META?
NetEase Cloud Music's Inventory Turnover of 0.00 can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for an Interactive Media company?
A good Inventory Turnover depends on the Interactive Media industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on NetEase Cloud Music and its competitors. NetEase Cloud Music's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetEase Cloud Music stock overvalued right now?
Based on GuruFocus' analysis, NetEase Cloud Music (HKSE:09899) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$108.21, compared to a current price of HK$124.60 — trading 15.1% above its estimated fair value. The current Inventory Turnover is 0.00. NetEase Cloud Music's overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For NetEase Cloud Music (HKSE:09899), the current Inventory Turnover is 0.00 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NetEase Cloud Music (HKSE:09899) Overvalued in 2026?

Based on GuruFocus' analysis, NetEase Cloud Music stock appears to be overvalued. The current stock price of HK$124.60 is trading 15.1% above its estimated GF Value™ of HK$108.21. GuruFocus considers NetEase Cloud Music to be Modestly Overvalued.

Key valuation signals for HKSE:09899:

  • Inventory Turnover: 0.00
  • GF Value™: HK$108.21 vs. price of HK$124.60 (15.1% above fair value)
  • GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the HKSE:09899 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NetEase Cloud Music Business Description

Address No. 353 Benjing Avenue, Room 1201, Block A, Hangzhou International Expo Center, Qianjiang Century City, Xiaoshan District, Zhejiang Province, Hangzhou, CHN
NetEase Cloud Music is China's second-largest music streaming platform, founded in 2013 as a subsidiary of NetEase. NetEase remains the controlling shareholder with a 59.4% stake. The company is headquartered in Hangzhou.The platform's business model revolves around a core music streaming service sold on a subscription basis, paired with a live streaming service where users purchase virtual items and gift them to performers.
74GF Score

Get the complete analysis for HKSE:09899

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$124.60
Price
HK$108.21
GF Value