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Tian Ge Interactive Holdings (HKSE:01980) Days Inventory : 0.00 (As of Dec. 2023)


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What is Tian Ge Interactive Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tian Ge Interactive Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$0.00 Mil. Tian Ge Interactive Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3.89 Mil. Hence, Tian Ge Interactive Holdings's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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

During the past 11 years, Tian Ge Interactive Holdings's highest Days Inventory was 24.86. The lowest was 3.42. And the median was 11.83.

HKSE:01980's Days Inventory is not ranked *
in the Interactive Media industry.
Industry Median: 16.81
* Ranked among companies with meaningful Days Inventory only.

Tian Ge Interactive Holdings'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. Tian Ge Interactive Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.


Tian Ge Interactive Holdings Days Inventory Historical Data

The historical data trend for Tian Ge Interactive 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.

Tian Ge Interactive Holdings Days Inventory Chart

Tian Ge Interactive Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Tian Ge Interactive Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Tian Ge Interactive Holdings's Days Inventory

For the Internet Content & Information subindustry, Tian Ge Interactive 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.


Tian Ge Interactive Holdings's Days Inventory Distribution in the Interactive Media Industry

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

* The bar in red indicates where Tian Ge Interactive Holdings's Days Inventory falls into.



Tian Ge Interactive Holdings Days Inventory Calculation

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

Tian Ge Interactive 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
=( (0 + 0) / 1 ) / 9.595*365
=0 / 9.595*365
=0.00

Tian Ge Interactive 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
=( (0 + 0) / 1 ) / 3.891*365 / 2
=0 / 3.891*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.


Tian Ge Interactive Holdings  (HKSE:01980) 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.

Tian Ge Interactive 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.

Tian Ge Interactive 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.


Tian Ge Interactive Holdings Days Inventory Related Terms

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


Tian Ge Interactive Holdings (HKSE:01980) Business Description

Traded in Other Exchanges
N/A
Address
Intime City Tower E, 12-14th Floor, Gongshu District, Hangzhou, CHN
Tian Ge Interactive Holdings Ltd is a Chinese investment holding company that engages in the online entertainment business. The company develops and operates real-time video technology so its users can socialize and interact through video chat and text. The company is also involved with creating mobile game platforms, O2O Entertainments, and has a health, personal, and beauty care business. The firm's segments include Online interactive entertainment services and Others. Online interactive entertainment services comprise the vast majority of the firm's overall revenue. It mainly operates its business in China.
Executives
Fu Zhengjun
Idg-accel China Growth Fund Ii Associates L.p. 2201 Interest of corporation controlled by you
Idg-accel China Growth Fund Ii L.p. 2101 Beneficial owner
The Core Trust Company Limited 2301 Trustee
Tct (bvi) Limited 2501 Other
Xinshow Limited 2306 Nominee for another person
Blueberry Worldwide Holdings Limited
Three-body Holdings Ltd
Ubs Trustees (b.v.i.) Limited
Sina Hong Kong Limited

Tian Ge Interactive Holdings (HKSE:01980) Headlines

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