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37 Interactive Entertainment Network Technology Group Co (SZSE:002555) Days Inventory : 0.00 (As of Mar. 2024)


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What is 37 Interactive Entertainment Network Technology Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). 37 Interactive Entertainment Network Technology Group Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥0 Mil. 37 Interactive Entertainment Network Technology Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥868 Mil. Hence, 37 Interactive Entertainment Network Technology Group Co's Days Inventory for the three months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for 37 Interactive Entertainment Network Technology Group Co's Days Inventory or its related term are showing as below:

During the past 13 years, 37 Interactive Entertainment Network Technology Group Co's highest Days Inventory was 56.38. The lowest was 12.16. And the median was 16.24.

SZSE:002555's Days Inventory is not ranked *
in the Interactive Media industry.
Industry Median: 17.565
* Ranked among companies with meaningful Days Inventory only.

37 Interactive Entertainment Network Technology Group Co's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (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. 37 Interactive Entertainment Network Technology Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


37 Interactive Entertainment Network Technology Group Co Days Inventory Historical Data

The historical data trend for 37 Interactive Entertainment Network Technology Group Co'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.

37 Interactive Entertainment Network Technology Group Co Days Inventory Chart

37 Interactive Entertainment Network Technology Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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37 Interactive Entertainment Network Technology Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of 37 Interactive Entertainment Network Technology Group Co's Days Inventory

For the Electronic Gaming & Multimedia subindustry, 37 Interactive Entertainment Network Technology Group Co'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.


37 Interactive Entertainment Network Technology Group Co's Days Inventory Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, 37 Interactive Entertainment Network Technology Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where 37 Interactive Entertainment Network Technology Group Co's Days Inventory falls into.



37 Interactive Entertainment Network Technology Group Co Days Inventory Calculation

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

37 Interactive Entertainment Network Technology Group Co'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 ) / 3391.581*365
=0 / 3391.581*365
=0.00

37 Interactive Entertainment Network Technology Group Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 868.351*365 / 4
=0 / 868.351*365 / 4
=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.


37 Interactive Entertainment Network Technology Group Co  (SZSE:002555) 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.

37 Interactive Entertainment Network Technology Group Co's Inventory Turnover for the three months ended in Mar. 2024 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.

37 Interactive Entertainment Network Technology Group Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


37 Interactive Entertainment Network Technology Group Co Days Inventory Related Terms

Thank you for viewing the detailed overview of 37 Interactive Entertainment Network Technology Group Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


37 Interactive Entertainment Network Technology Group Co (SZSE:002555) Business Description

Traded in Other Exchanges
N/A
Address
Middle Beijing Road, 11th Floor, Creative Advertising Complex, Wuhu Advertising Industrial Park, Anhui Province, Wuhu, CHN, 241000
37 Interactive Entertainment Network Technology Group Co Ltd is involved in interactive entertainment business mainly focuses on the research, development, publishing, and operation of mobile games and browser games, while arranging pan-entertainment business including film and TV, animation, music. The company steadily promoted the development strategy of platformization, globalization, and pan-entertainment for interactive entertainment business based on IP.
Executives
Ceng Kai Tian Director
Xu Zhi Gao Executives
Li Wei Wei Director
Yang Jun Directors, executives
Hu Yu Hang Director
Wu Wei Hong Director
Wu Wei Dong Director
Yin Bin Independent director
Zhang Yun Directors, executives
Wang Xun Director
Zhang Yu Hua Executives

37 Interactive Entertainment Network Technology Group Co (SZSE:002555) Headlines

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