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Changyou Alliance Group (HKSE:01039) Days Inventory : 0.25 (As of Dec. 2023)


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What is Changyou Alliance Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Changyou Alliance Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$0.1 Mil. Changyou Alliance Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$74.8 Mil. Hence, Changyou Alliance Group's Days Inventory for the six months ended in Dec. 2023 was 0.25.

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

HKSE:01039' s Days Inventory Range Over the Past 10 Years
Min: 0.23   Med: 2.83   Max: 238.84
Current: 0.23

During the past 13 years, Changyou Alliance Group's highest Days Inventory was 238.84. The lowest was 0.23. And the median was 2.83.

HKSE:01039's Days Inventory is ranked better than
99.72% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 111.025 vs HKSE:01039: 0.23

Changyou Alliance Group's Days Inventory declined from Dec. 2022 (0.73) to Dec. 2023 (0.25).

Inventory Turnover measures how fast the company turns over its inventory within a year. Changyou Alliance Group's Inventory Turnover for the six months ended in Dec. 2023 was 715.77.

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


Changyou Alliance Group Days Inventory Historical Data

The historical data trend for Changyou Alliance Group'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.

Changyou Alliance Group Days Inventory Chart

Changyou Alliance Group 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 2.00 2.07 3.59 0.84 0.25

Changyou Alliance Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.23 1.26 0.73 0.21 0.25

Competitive Comparison of Changyou Alliance Group's Days Inventory

For the Internet Retail subindustry, Changyou Alliance Group'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.


Changyou Alliance Group's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Changyou Alliance Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Changyou Alliance Group's Days Inventory falls into.



Changyou Alliance Group Days Inventory Calculation

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

Changyou Alliance Group'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
=( (0.182 + 0.095) / 2 ) / 205.058*365
=0.1385 / 205.058*365
=0.25

Changyou Alliance Group'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
=( (0.114 + 0.095) / 2 ) / 74.798*365 / 2
=0.1045 / 74.798*365 / 2
=0.25

* 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.


Changyou Alliance Group  (HKSE:01039) 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.

Changyou Alliance Group'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.

Changyou Alliance Group'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.


Changyou Alliance Group Days Inventory Related Terms

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


Changyou Alliance Group (HKSE:01039) Business Description

Traded in Other Exchanges
N/A
Address
30 Harbour Road, Room 1908-1916, 19th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG
Changyou Alliance Group Ltd is a company involved in the development and operation of an electronic trading platform. The company mainly operates in the Digital Point segment that operates an electronic trading platform to promote and facilitate awards earned by customers of loyalty programmes of other companies to be exchanged globally in the form of virtual assets and credits for consumption of merchandises, games, services and other commercial transactions.

Changyou Alliance Group (HKSE:01039) Headlines

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