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GungHo Online Entertainment (TSE:3765) Days Inventory : 1.03 (As of Dec. 2023)


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What is GungHo Online Entertainment Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GungHo Online Entertainment's Average Total Inventories for the three months ended in Dec. 2023 was 円168 Mil. GungHo Online Entertainment's Cost of Goods Sold for the three months ended in Dec. 2023 was 円14,785 Mil. Hence, GungHo Online Entertainment's Days Inventory for the three months ended in Dec. 2023 was 1.03.

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

TSE:3765' s Days Inventory Range Over the Past 10 Years
Min: 0.1   Med: 0.57   Max: 1.35
Current: 0.45

During the past 13 years, GungHo Online Entertainment's highest Days Inventory was 1.35. The lowest was 0.10. And the median was 0.57.

TSE:3765's Days Inventory is ranked better than
92.98% of 242 companies
in the Interactive Media industry
Industry Median: 19.105 vs TSE:3765: 0.45

GungHo Online Entertainment's Days Inventory increased from Dec. 2022 (0.18) to Dec. 2023 (1.03). It might indicate that GungHo Online Entertainment's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. GungHo Online Entertainment's Inventory Turnover for the three months ended in Dec. 2023 was 88.27.

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. GungHo Online Entertainment's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.01.


GungHo Online Entertainment Days Inventory Historical Data

The historical data trend for GungHo Online Entertainment'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.

GungHo Online Entertainment Days Inventory Chart

GungHo Online Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.68 0.79 0.33 0.10

GungHo Online Entertainment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 0.13 0.15 0.97 1.03

Competitive Comparison of GungHo Online Entertainment's Days Inventory

For the Electronic Gaming & Multimedia subindustry, GungHo Online Entertainment'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.


GungHo Online Entertainment's Days Inventory Distribution in the Interactive Media Industry

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

* The bar in red indicates where GungHo Online Entertainment's Days Inventory falls into.



GungHo Online Entertainment Days Inventory Calculation

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

GungHo Online Entertainment'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
=( (13 + 23) / 2 ) / 68344*365
=18 / 68344*365
=0.10

GungHo Online Entertainment'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (312 + 23) / 2 ) / 14785*365 / 4
=167.5 / 14785*365 / 4
=1.03

* 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.


GungHo Online Entertainment  (TSE:3765) 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.

GungHo Online Entertainment's Inventory Turnover for the three 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.

GungHo Online Entertainment's Inventory to Revenue for the three 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.


GungHo Online Entertainment Days Inventory Related Terms

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


GungHo Online Entertainment (TSE:3765) Business Description

Traded in Other Exchanges
Address
1-11-1, Pacific Century Place Marunouchi, Marunouchi, Chiyodaku, Tokyo, JPN, 100-6221
GungHo Online Entertainment, Inc. is a Japanese company that plans, develops, and distributes online video games. These games include smartphone platforms, online computer games, and console games. The company operates through its Personal Computer (PC) online segment, which is involved with distributing, operating, and licensing online games, and Mobile Consumer segment, which is involved with planning, development, and delivery of smartphone, consoles, and portable gaming machines.

GungHo Online Entertainment (TSE:3765) Headlines

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