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NetDragon Websoft (NetDragon Websoft) Days Inventory : 100.88 (As of Dec. 2023)


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What is NetDragon Websoft Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NetDragon Websoft's Average Total Inventories for the six months ended in Dec. 2023 was $101.3 Mil. NetDragon Websoft's Cost of Goods Sold for the six months ended in Dec. 2023 was $183.3 Mil. Hence, NetDragon Websoft's Days Inventory for the six months ended in Dec. 2023 was 100.88.

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

NDWTY' s Days Inventory Range Over the Past 10 Years
Min: 46.53   Med: 113.6   Max: 145.81
Current: 118.12

During the past 13 years, NetDragon Websoft's highest Days Inventory was 145.81. The lowest was 46.53. And the median was 113.60.

NDWTY's Days Inventory is ranked worse than
78.9% of 237 companies
in the Interactive Media industry
Industry Median: 16.98 vs NDWTY: 118.12

NetDragon Websoft's Days Inventory declined from Dec. 2022 (140.95) to Dec. 2023 (100.88).

Inventory Turnover measures how fast the company turns over its inventory within a year. NetDragon Websoft's Inventory Turnover for the six months ended in Dec. 2023 was 1.81.

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. NetDragon Websoft's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.21.


NetDragon Websoft Days Inventory Historical Data

The historical data trend for NetDragon Websoft'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.

NetDragon Websoft Days Inventory Chart

NetDragon Websoft 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 145.66 116.83 113.85 115.47 111.59

NetDragon Websoft 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 124.52 112.94 140.95 141.15 100.88

Competitive Comparison of NetDragon Websoft's Days Inventory

For the Electronic Gaming & Multimedia subindustry, NetDragon Websoft'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.


NetDragon Websoft's Days Inventory Distribution in the Interactive Media Industry

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

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



NetDragon Websoft Days Inventory Calculation

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

NetDragon Websoft'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
=( (164.953 + 66.525) / 2 ) / 378.561*365
=115.739 / 378.561*365
=111.59

NetDragon Websoft'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
=( (136.147 + 66.525) / 2 ) / 183.328*365 / 2
=101.336 / 183.328*365 / 2
=100.88

* 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.


NetDragon Websoft  (OTCPK:NDWTY) 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.

NetDragon Websoft'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.

NetDragon Websoft'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.


NetDragon Websoft Days Inventory Related Terms

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


NetDragon Websoft (NetDragon Websoft) Business Description

Traded in Other Exchanges
Address
58 Wenquan Branch Road, 851 Building, Fuzhou, CHN
NetDragon Websoft Inc is a Chinese holding company that engages in developing and operating online and mobile games as well as educational platforms. NetDragon's games include PC games, web-based games, mobile games, and e-sports games. PC games constitute the majority of the company's games sales. The company's game portfolio is composed of a range of games that appeal to various types of players. These games include Way of the Five, Eudemons Online, Conquer Online, Zero Online, and Heroes of Might & Magic Online. The company has operations in North America, Europe, and Asia.