China Innovation Investment (HKSE:01217) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is China Innovation Investment Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. China Innovation Investment's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$0.00 Mil. China Innovation Investment's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$0.00 Mil.

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

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 Innovation Investment Inventory Turnover Historical Data

The historical data trend for China Innovation Investment's Inventory Turnover 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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China Innovation Investment Inventory Turnover Chart

China Innovation Investment Annual Data

Trend

Dec14

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Dec22

Dec23

Inventory Turnover

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China Innovation Investment Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

China Innovation Investment Inventory Turnover Calculation

China Innovation Investment's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

China Innovation Investment's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

China Innovation Investment (HKSE:01217) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

China Innovation Investment's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0	/	0	*	365 / 2
	=

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 Innovation Investment's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0	/	-1.708
	=

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

China Innovation Investment Inventory Turnover Related Terms

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China Innovation Investment (HKSE:01217) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » China Innovation Investment Ltd (HKSE:01217) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Des Voeux Road West, 26th Floor, Sheung Wan, HKG

Website

https://www.1217.com.hk

China Innovation Investment Ltd is an investment holding company. Its investment objective is to invest in listed and unlisted companies primarily in Hong Kong and the PRC. The company invests in listed and non-listed and civil and military joint ventures to strive for medium-term gains from capital appreciation. The majority of the revenue is derived from its investment activities from Hong Kong.

Executives

China Technology Education Trust Association
Zhong Guo Qu Shi Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Harvest Rise Investments Limited	2101 Beneficial owner

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