Flowing Cloud Technology (HKSE:06610) Days Inventory : 0.00 (As of Jun. 2024)

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What is Flowing Cloud Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Flowing Cloud Technology's Average Total Inventories for the six months ended in Jun. 2024 was HK$0 Mil. Flowing Cloud Technology's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$347 Mil. Hence, Flowing Cloud Technology's Days Inventory for the six months ended in Jun. 2024 was 0.00.

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

During the past 6 years, Flowing Cloud Technology's highest Days Inventory was 21.61. The lowest was 3.62. And the median was 10.97.

HKSE:06610's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 20.45
* Ranked among companies with meaningful Days Inventory only.

Flowing Cloud Technology's Days Inventory stayed the same from Jun. 2023 (0.00) to Jun. 2024 (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. Flowing Cloud Technology's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.00.

Flowing Cloud Technology Days Inventory Historical Data

The historical data trend for Flowing Cloud 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.

Flowing Cloud Technology Days Inventory Chart

Flowing Cloud Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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10.97

3.62

Flowing Cloud Technology Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Flowing Cloud Technology's Days Inventory

For the Software - Application subindustry, Flowing Cloud 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.

Flowing Cloud Technology's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Flowing Cloud Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Flowing Cloud Technology's Days Inventory falls into.

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Flowing Cloud Technology Days Inventory Calculation

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

Flowing Cloud Technology'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 )	/	901.281	*	365
=	0					/	901.281	*	365
=	0.00

Flowing Cloud Technology's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	347.48	*	365 / 2
=	0					/	347.48	*	365 / 2
=	0.00

Flowing Cloud Technology (HKSE:06610) 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.

Flowing Cloud Technology's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	347.48	/	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.

Flowing Cloud Technology's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	482.305
	=	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.

Flowing Cloud Technology Days Inventory Related Terms

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

Flowing Cloud Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Flowing Cloud Technology Ltd (HKSE:06610) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Guangqulu No. 3, Shop 8, Jingyuan Art Center, Chaoyang District, Beijing, CHN

Website

https://www.flowingcloud.com

Flowing Cloud Technology Ltd is a supplier of the Metaverse scene application tier in China. It is a leading smart marketing technology service provider in China. It uses AR/VR engine, AI behavior algorithm, cloud computing and other technical capabilities to empower the business development of enterprises in various vertical industries such as e-commerce, education, and cultural tourism.

Executives

Brainstorming Cafe Limited	2101 Beneficial owner
Cyber Warrior Holdings Limited	2201 Interest of corporation controlled by you
Lyh. Ltd.	2201 Interest of corporation controlled by you
Vistra Trust (singapore) Pte. Limited	2301 Trustee
Wanglei Co., Ltd.	2201 Interest of corporation controlled by you
Wang Lei	2201 Interest of corporation controlled by you
Feng Da Sha	2202 Interest of your spouse
Zhang Zi Mo	2202 Interest of your spouse
Li Yan Hao	2201 Interest of corporation controlled by you
Bei Jing Tong Chuang Zhi Ming Ke Ji He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Shan Dong Tong Chuang Xin Xing Zhi Lian Chuang Ye Tou Zi He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you

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