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7Road Holdings (HKSE:00797) Days Inventory : 2.98 (As of Dec. 2023)


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What is 7Road Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). 7Road Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$2.2 Mil. 7Road Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$135.0 Mil. Hence, 7Road Holdings's Days Inventory for the six months ended in Dec. 2023 was 2.98.

The historical rank and industry rank for 7Road Holdings's Days Inventory or its related term are showing as below:

HKSE:00797' s Days Inventory Range Over the Past 10 Years
Min: 2.76   Med: 3.08   Max: 3.76
Current: 3.11

During the past 9 years, 7Road Holdings's highest Days Inventory was 3.76. The lowest was 2.76. And the median was 3.08.

HKSE:00797's Days Inventory is ranked better than
78.66% of 239 companies
in the Interactive Media industry
Industry Median: 16.98 vs HKSE:00797: 3.11

7Road Holdings's Days Inventory increased from Dec. 2022 (2.79) to Dec. 2023 (2.98). It might indicate that 7Road Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. 7Road Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 61.16.

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. 7Road Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.


7Road Holdings Days Inventory Historical Data

The historical data trend for 7Road Holdings'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.

7Road Holdings Days Inventory Chart

7Road Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only - - 3.76 2.76 3.08

7Road Holdings Semi-Annual Data
Dec15 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 2.76 2.62 2.79 3.07 2.98

Competitive Comparison of 7Road Holdings's Days Inventory

For the Electronic Gaming & Multimedia subindustry, 7Road Holdings'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.


7Road Holdings's Days Inventory Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, 7Road Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where 7Road Holdings's Days Inventory falls into.



7Road Holdings Days Inventory Calculation

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

7Road Holdings'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
=( (2.255 + 0) / 1 ) / 267.569*365
=2.255 / 267.569*365
=3.08

7Road Holdings'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
=( (2.208 + 0) / 1 ) / 135.032*365 / 2
=2.208 / 135.032*365 / 2
=2.98

* 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.


7Road Holdings  (HKSE:00797) 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.

7Road Holdings'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.

7Road Holdings'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.


7Road Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of 7Road Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


7Road Holdings (HKSE:00797) Business Description

Traded in Other Exchanges
N/A
Address
No. 2-18-1902, Long Shan Road, Xin Wu District, Jiangsu Province, Wuxi, CHN
7Road Holdings Ltd is a web-based and mobile online game developer and publisher in China. The company is engaged in the R&D, operation and licensing of several popular web games. It has developed games like DDTank, Chuanqi and Wartune.
Executives
Ben 7road Holdings Limited
Shang Hai Guan Zhao Tou Zi Zhong Xin You Xian He Huo 2101 Beneficial owner
Zhe Jiang Jia Hua Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Hang Zhou Hao Ming Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Zhe Jiang Shi Ji Hua Tong Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Han Jianhong 2201 Interest of corporation controlled by you
Songshuxing Holdings Limited
Ningbo Hao Chu Investment Management Co.,ltd
World 7road Holdings Limited
Hu Min
Meng Shuqi
Baohu Holdings Limited
Zhou Hao
Shanghai Bao Pu Investment Management Co., Ltd.
Shanghai Bao Hu Investment Management Center

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