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FingerTango (HKSE:06860) Days Inventory : 0.00 (As of Dec. 2023)


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What is FingerTango Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). FingerTango's Average Total Inventories for the six months ended in Dec. 2023 was HK$0.0 Mil. FingerTango's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$149.1 Mil. Hence, FingerTango's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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

HKSE:06860's Days Inventory is not ranked *
in the Interactive Media industry.
Industry Median: 17.565
* Ranked among companies with meaningful Days Inventory only.

FingerTango'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. FingerTango's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.


FingerTango Days Inventory Historical Data

The historical data trend for FingerTango'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.

FingerTango Days Inventory Chart

FingerTango Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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FingerTango 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 - - - - -

Competitive Comparison of FingerTango's Days Inventory

For the Electronic Gaming & Multimedia subindustry, FingerTango'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.


FingerTango's Days Inventory Distribution in the Interactive Media Industry

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

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



FingerTango Days Inventory Calculation

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

FingerTango'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 ) / 299.864*365
=0 / 299.864*365
=0.00

FingerTango'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 ) / 149.063*365 / 2
=0 / 149.063*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.


FingerTango  (HKSE:06860) 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.

FingerTango'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.

FingerTango'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.


FingerTango Days Inventory Related Terms

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


FingerTango (HKSE:06860) Business Description

Traded in Other Exchanges
N/A
Address
No. 248 Qiaotou Street, Building 5, Zone A, Huaxin Kechuang Island,, Haizhu District, Guangzhou, CHN
FingerTango Inc is a mobile gamer publisher in China with a focus on SLG games. The company and its subsidiaries are principally engaged in the development, operation, and publishing of mobile game business in the People's Republic of China. The company's main games include Tank Frontline, Three Heroes, Super Fleet, Romance of Stars, Wartime, The Age of Rome and My Duty. It markets its products throughout China.
Executives
Liu Jie 2201 Interest of corporation controlled by you
Zhu Yanbin 2201 Interest of corporation controlled by you
Lj Technology Holding Limited 2101 Beneficial owner
Zyb Holding Limited 2101 Beneficial owner
Wu Junjie 2201 Interest of corporation controlled by you
Acery Holding Limited 2101 Beneficial owner

FingerTango (HKSE:06860) Headlines

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