GME Group Holdings (HKSE:08188) Days Inventory : 0.00 (As of Dec. 2023)

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What is GME Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GME Group Holdings's Average Total Inventories for the three months ended in Dec. 2023 was HK$0.0 Mil. GME Group Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$159.1 Mil. Hence, GME Group Holdings's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

HKSE:08188's Days Inventory is not ranked ^*
in the Construction industry.
Industry Median: 48.75
* Ranked among companies with meaningful Days Inventory only.

GME Group 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. GME Group Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

GME Group Holdings Days Inventory Historical Data

The historical data trend for GME Group 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.

GME Group Holdings Days Inventory Chart

GME Group Holdings Annual Data

Trend

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Dec23

Days Inventory

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GME Group Holdings 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															-	-	-	-	-

Competitive Comparison of GME Group Holdings's Days Inventory

For the Engineering & Construction subindustry, GME Group 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.

GME Group Holdings's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, GME Group Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where GME Group Holdings's Days Inventory falls into.

GME Group Holdings Days Inventory Calculation

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

GME Group 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 )	/	439.532	*	365
=	0					/	439.532	*	365
=	0.00

GME Group 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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	159.111	*	365 / 4
=	0					/	159.111	*	365 / 4
=	0.00

GME Group Holdings (HKSE:08188) 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.

GME Group Holdings's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	159.111	/	0
	=

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.

GME Group Holdings's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	243.647
	=	0.00

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.

GME Group Holdings Days Inventory Related Terms

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

GME Group Holdings (HKSE:08188) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » GME Group Holdings Ltd (HKSE:08188) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

148 Electric Road, Room 1001-2, 10th Floor, Hong Kong, HKG

Website

https://www.gmehk.com

GME Group Holdings Ltd along with its subsidiaries is engaged in providing underground construction services in Hong Kong. Tunnel construction services include excavation, shortening, shutter design and fabrication, tunnel lining services, shafts, advanced and structural works; and utility construction that includes mainly underground public utility works such as road and drainage works and others that include mainly structural works and construction of service buildings and support structure. It also provides program design, costing, and management for underground construction services. It derives all of its revenue from Hong Kong.

Executives

Ng Kwok Lun	2101 Beneficial owner
Chuang Chun Ngok Boris	2103 Interests held jointly with another person
Chuang Wei Chu	2103 Interests held jointly with another person
Chuang Yau Ka	2103 Interests held jointly with another person
To Yin Ping	2101 Beneficial owner

GME Group Holdings (HKSE:08188) Headlines

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