Hi Sun Technology (China) (Hi Sun Technology (China)) Change In Inventory : $0.0 Mil (TTM As of Dec. 2023)

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What is Hi Sun Technology (China) Change In Inventory?

Hi Sun Technology (China)'s change in inventory for the quarter that ended in Dec. 2023 was $0.0 Mil. It means Hi Sun Technology (China)'s inventory stayed the same from Jun. 2023 to Dec. 2023 .

Hi Sun Technology (China)'s change in inventory for the fiscal year that ended in Dec. 2023 was $-0.4 Mil. It means Hi Sun Technology (China)'s inventory increased by $0.4 Mil from Dec. 2022 to Dec. 2023 .

Hi Sun Technology (China)'s Total Inventories for the quarter that ended in Dec. 2023 was $2.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hi Sun Technology (China)'s Days Inventory for the quarter that ended in Dec. 2023 was 3.98.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hi Sun Technology (China)'s Inventory Turnover for the quarter that ended in Dec. 2023 was 45.87.

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. Hi Sun Technology (China)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Hi Sun Technology (China) Change In Inventory Historical Data

The historical data trend for Hi Sun Technology (China)'s Change In 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.

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Hi Sun Technology (China) Change In Inventory Chart

Hi Sun Technology (China) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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7.54

-1.99

-7.58

-4.29

-0.41

Hi Sun Technology (China) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Hi Sun Technology (China) Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.0 Mil.

Hi Sun Technology (China) (OTCPK:HISNF) Change In Inventory Explanation

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

Hi Sun Technology (China)'s Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2.464	/	113.025	*	365 / 2
	=	3.98

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Hi Sun Technology (China)'s Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	113.025	/	2.464
	=	45.87

3. 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.

Hi Sun Technology (China)'s Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.464	/	179.076
	=	0.01

Hi Sun Technology (China) Change In Inventory Related Terms

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Hi Sun Technology (China) (Hi Sun Technology (China)) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Hi Sun Technology (China) Ltd (OTCPK:HISNF) » Definitions » Change In Inventory

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00818:Hong Kong

Address

30 Harbour Road, Room 2515, 25th Floor, Sun Hung Kai Centre, Wanchai, HKG

Website

http://www.hisun.com.hk

Hi Sun Technology (China) Ltd has five operating segments: payment processing, financial solutions, electronic power meters, Information security chips & solutions, and platform operation solutions. The payment processing solutions segment is engaged in the provision of payment processing services, merchant recruiting, and related products and solutions. Financial solutions provide consulting, integration, and operation services of information technology products to financial institutions and banks. The firm manufactures electronic power meters primarily for the public sector. Platform operation solutions provide operational support for telecom and payment platform solutions. Its geographical segments are Mainland China and Hong Kong.

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