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TradeGo FinTech (HKSE:08017) Days Inventory : 0.00 (As of Sep. 2023)


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What is TradeGo FinTech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TradeGo FinTech's Average Total Inventories for the three months ended in Sep. 2023 was HK$0.00 Mil. TradeGo FinTech's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$2.57 Mil. Hence, TradeGo FinTech's Days Inventory for the three months ended in Sep. 2023 was 0.00.

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

HKSE:08017's Days Inventory is not ranked *
in the Software industry.
Industry Median: 18.99
* Ranked among companies with meaningful Days Inventory only.

TradeGo FinTech's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 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. TradeGo FinTech's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.00.


TradeGo FinTech Days Inventory Historical Data

The historical data trend for TradeGo FinTech'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.

TradeGo FinTech Days Inventory Chart

TradeGo FinTech Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
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TradeGo FinTech Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of TradeGo FinTech's Days Inventory

For the Software - Infrastructure subindustry, TradeGo FinTech'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.


TradeGo FinTech's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where TradeGo FinTech's Days Inventory falls into.



TradeGo FinTech Days Inventory Calculation

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

TradeGo FinTech's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 14.054*365
=0 / 14.054*365
=0.00

TradeGo FinTech's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 2.571*365 / 4
=0 / 2.571*365 / 4
=0.00

* 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.


TradeGo FinTech  (HKSE:08017) 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.

TradeGo FinTech's Inventory Turnover for the three months ended in Sep. 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.

TradeGo FinTech's Inventory to Revenue for the three months ended in Sep. 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.


TradeGo FinTech Days Inventory Related Terms

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


TradeGo FinTech (HKSE:08017) Business Description

Traded in Other Exchanges
N/A
Address
3040 Xinghai Avenue Nanshan Street, 2808, Phase II, Qianhai Shimao Financial Center, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen, CHN
TradeGo FinTech Ltd is a securities trading platform service provider serving mainly Hong Kong Brokerage Firms and their clients. The services offered by the company can be classified into front-office trading system services; market data services; hosting and cloud infrastructure services; SaaS services; and other value-added services. The majority of the firm's revenue gets derived from Front office trading system services.
Executives
Liao Jicheng 2101 Beneficial owner
Zhang Wenhua 2101 Beneficial owner
Ye Liqin 2202 Interest of your spouse
Lu Ximeng 2202 Interest of your spouse
Liu Xiaoming 2202 Interest of your spouse
Liu Yong 2401 A concert party to an agreement to buy shares
Chen Zhaoxia 2202 Interest of your spouse
Wan Yong 2401 A concert party to an agreement to buy shares
Coast Flagship Investment Spc – Harvest Ipo Mixed Strategy Investment Sp 2101 Beneficial owner
Coast International Asset Management Limited 2102 Investment manager
Stand Tall International Limited 2201 Interest of corporation controlled by you
Xin Cheng International Limited 2101 Beneficial owner
Sbi China Capital Holdings Limited 2201 Interest of corporation controlled by you
Sbi China Capital Financial Services Limited 2101 Beneficial owner
Probest Limited 2201 Interest of corporation controlled by you

TradeGo FinTech (HKSE:08017) Headlines

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