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CNRQ (China Soar Information Technology) Days Inventory : 0.00 (As of Apr. 2019)


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What is China Soar Information Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Soar Information Technology's Average Total Inventories for the three months ended in Apr. 2019 was $0.00 Mil. China Soar Information Technology's Cost of Goods Sold for the three months ended in Apr. 2019 was $0.00 Mil.

The historical rank and industry rank for China Soar Information Technology's Days Inventory or its related term are showing as below:

CNRQ's Days Inventory is not ranked *
in the Interactive Media industry.
Industry Median: 15.67
* Ranked among companies with meaningful Days Inventory only.

China Soar Information Technology's Days Inventory stayed the same from Apr. 2018 (0.00) to Apr. 2019 (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.


China Soar Information Technology Days Inventory Historical Data

The historical data trend for China Soar Information Technology'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.

China Soar Information Technology Days Inventory Chart

China Soar Information Technology Annual Data
Trend Jul15 Jul16 Jul17 Jul18
Days Inventory
- - - -

China Soar Information Technology Quarterly Data
Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19
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 - - - - -

Competitive Comparison of China Soar Information Technology's Days Inventory

For the Internet Content & Information subindustry, China Soar Information Technology'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.


China Soar Information Technology's Days Inventory Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, China Soar Information Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Soar Information Technology's Days Inventory falls into.



China Soar Information Technology Days Inventory Calculation

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

China Soar Information Technology's Days Inventory for the fiscal year that ended in Jul. 2018 is calculated as

Days Inventory (A: Jul. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jul. 2017 ) + Total Inventories (A: Jul. 2018 )) / count ) / Cost of Goods Sold (A: Jul. 2018 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

China Soar Information Technology's Days Inventory for the quarter that ended in Apr. 2019 is calculated as:

Days Inventory (Q: Apr. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jan. 2019 ) + Total Inventories (Q: Apr. 2019 )) / count ) / Cost of Goods Sold (Q: Apr. 2019 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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.


China Soar Information Technology  (OTCPK:CNRQ) 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.

China Soar Information Technology's Inventory Turnover for the three months ended in Apr. 2019 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.

China Soar Information Technology's Inventory to Revenue for the three months ended in Apr. 2019 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.


China Soar Information Technology Days Inventory Related Terms

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


China Soar Information Technology Business Description

Traded in Other Exchanges
N/A
Address
191 Java Road, North Point, Room 803, 8th Floor, K.Wah Centre,, Hong Kong, HKG
Website
China Soar Information Technology Inc develops, markets, and sells Internet mobile application (MIMA) to entrepreneurs and small businesses in North America, South America, and Europe. It offers MIMA, a cloud platform that helps merchants to create a WEB/WAP e-commerce Website or cell phone client and enterprise mobile management information system.

China Soar Information Technology Headlines

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