Gala Technology Holding (HKSE:02458) Total Inventories : HK$0.0 Mil (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Gala Technology Holding Total Inventories?

Gala Technology Holding's total inventories for the quarter that ended in Jun. 2024 was HK$0.0 Mil. Gala Technology Holding's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Gala Technology Holding's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$1.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gala Technology Holding's Days Inventory for the six months ended in Jun. 2024 was 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. Gala Technology Holding's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.

Gala Technology Holding Total Inventories Historical Data

The historical data trend for Gala Technology Holding's Total Inventories 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.

Gala Technology Holding Total Inventories Chart

Gala Technology Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Gala Technology Holding Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial				-	-	-	-	-

Gala Technology Holding Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Gala Technology Holding (HKSE:02458) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Gala Technology Holding's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

	Net-Net Working Capital Per Share (Q: Jun. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(348.225	+	0.75 * 45.052	+	0.5 * 0	-	240.087
-	0	-	-0.912)	/	138
=	1.04

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

Gala Technology Holding's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	0	/	154.996	*	365 / 2
	=	0.00

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Gala Technology Holding's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2024 )	/	Average Total Inventories (Q: Jun. 2024 )
	=	154.996	/	0
	=	N/A

4. 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.

Gala Technology Holding's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	0	/	339.519
	=	0.00

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Gala Technology Holding Total Inventories Related Terms

Thank you for viewing the detailed overview of Gala Technology Holding's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Gala Technology Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Gala Technology Holding Ltd (HKSE:02458) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3040, Aohai Avenue, Nanshan Street, 4203–4204, Qianhai Shimao Finance Centre II, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen, CHN

Website

https://www.galasports.com

Gala Technology Holding Ltd is a mobile game developer, publisher and operator in China with a focus on mobile sports simulation games for world-wide markets. The overall online sports game market includes all sports-themed games accessible to users on the internet, whereas, mobile sports simulation games refer specifically to online sports simulation games that are available on portable devices, such as tablets and smartphones. The Group's operations are operated and managed as a single segment, which is mobile sports game development, publishing and operation mainly in the PRC. The majority of revenue is from Web-based and mobile online game revenue.

Executives

Great Shine Holding Limited
High Triumph Holding Limited
Garena Ventures Private Limited	2101 Beneficial owner
Sea Limited	2201 Interest of corporation controlled by you
Crystal Pleasant Holding Limited
Easy Flourish Holding Limited
Jia Xiao Dong
Huang Xiang
Liu Cheng Min
Bei Jing Zhong Guan Cun Chuang Ye Tou Zi Fa Zhan You Xian Gong Si
Bei Jing Zhui Yuan Chuang Ye Tou Zi You Xian Gong Si
Bei Jing Zhui Yuan Cai Fu Zi Ben He Huo Qi Ye You Xian He Huo
Su Zhou Fu De Bo Qi Ye Guan Li Zi Xun He Huo Qi Ye You Xian He Huo
Song Yu Bo
Lu Yao Ping

Gala Technology Holding Headlines

No Headlines