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Technovative Group (Technovative Group) Days Inventory : 0.00 (As of Sep. 2018)


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What is Technovative Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Technovative Group's Average Total Inventories for the three months ended in Sep. 2018 was $0.00 Mil. Technovative Group's Cost of Goods Sold for the three months ended in Sep. 2018 was $0.00 Mil.

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

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

Technovative Group's Days Inventory stayed the same from Sep. 2017 (0.00) to Sep. 2018 (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. Technovative Group's Inventory-to-Revenue for the three months ended in Sep. 2018 was 0.00.


Technovative Group Days Inventory Historical Data

The historical data trend for Technovative Group'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.

Technovative Group Days Inventory Chart

Technovative Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Inventory
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Technovative Group Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of Technovative Group's Days Inventory

For the Software - Application subindustry, Technovative Group'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.


Technovative Group's Days Inventory Distribution in the Software Industry

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

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



Technovative Group Days Inventory Calculation

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

Technovative Group's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

Days Inventory (A: Dec. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Technovative Group's Days Inventory for the quarter that ended in Sep. 2018 is calculated as:

Days Inventory (Q: Sep. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2018 ) + Total Inventories (Q: Sep. 2018 )) / count ) / Cost of Goods Sold (Q: Sep. 2018 )*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.


Technovative Group  (GREY:TEHG) 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.

Technovative Group's Inventory Turnover for the three months ended in Sep. 2018 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.

Technovative Group's Inventory to Revenue for the three months ended in Sep. 2018 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.


Technovative Group Days Inventory Related Terms

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Technovative Group (Technovative Group) Business Description

Traded in Other Exchanges
N/A
Address
30 Canton Road, Unit 701, 7th Floor, Tower 2, Silvercord, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Technovative Group Inc is a technology software development company focused in the financial technology industry by providing blockchain solutions and big data analytics technologies to financial service institutions in the Greater China Region and the Southeast Asia Region. The company's product consists of Hedu SmartSuite, SmartCon, SmartTrader, and SmartWallet. The company earns revenue in the form of subscription, referral fees, and services, and data analytics and market research.

Technovative Group (Technovative Group) Headlines

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