Sinohope Technology Holdings (HKSE:01611) Inventory Turnover : 0.00 (As of Sep. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Sinohope Technology Holdings 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. Sinohope Technology Holdings's Cost of Goods Sold for the six months ended in Sep. 2024 was HK$902 Mil. Sinohope Technology Holdings's Average Total Inventories for the quarter that ended in Sep. 2024 was HK$0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sinohope Technology Holdings's Days Inventory for the six months ended in Sep. 2024 was 0.00.

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. Sinohope Technology Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.

Sinohope Technology Holdings Inventory Turnover Historical Data

The historical data trend for Sinohope Technology Holdings'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.

* Premium members only.

Sinohope Technology Holdings Inventory Turnover Chart

Sinohope Technology Holdings Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Inventory Turnover

Get a 7-Day Free Trial

7.67

6.66

160.52

64.00

Sinohope Technology Holdings Semi-Annual Data
	Sep14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															161.97	54.67	-	-	-

Sinohope Technology Holdings Inventory Turnover Calculation

Sinohope Technology Holdings's Inventory Turnover for the fiscal year that ended in Sep. 2024 is calculated as

	Inventory Turnover (A: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2024 )	/ (	(Total Inventories (A: Sep. 2023 )	+	Total Inventories (A: Sep. 2024 ))	/	count )
=	1525.163	/ (	(0	+	0)	/	1 )
=	1525.163	/	0
=	N/A

Sinohope Technology Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	901.696	/ (	(0	+	0)	/	1 )
=	901.696	/	0
=	N/A

Sinohope Technology Holdings (HKSE:01611) 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.

Sinohope Technology Holdings's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	0	/	901.696	*	365 / 2
	=	0.00

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.

Sinohope Technology Holdings's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	0	/	913.779
	=	0.00

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.

Sinohope Technology Holdings Inventory Turnover Related Terms

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

Sinohope Technology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sinohope Technology Holdings Ltd (HKSE:01611) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Queen's Road Central, 7th Floor, Unit 702-3, Central, Hong Kong, HKG

Website

https://www.sinohope.com

Sinohope Technology Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is principally engaged in the provision of technology solution services, and a variety of services in the virtual asset ecosystem, such as asset management, trust and custodian business, and cryptocurrency trading. Its product and service offerings include; MPC wallet, Full custody wallet, Web3 solutions, and others. The company principally operates in one business segment, which is the virtual assets ecosystem. A majority of its revenue is derived from its cryptocurrency trading operations. Geographically, the company's operations are mainly located in the People's Republic of China including the Hong Kong Special Administrative Region.

Executives

Du Jun	2101 Beneficial owner
Zhong Gengfa	2101 Beneficial owner
On Chain Technology Limited	2101 Beneficial owner
Avenir View Limited	2201 Interest of corporation controlled by you
Li Lin	2201 Interest of corporation controlled by you
Avenir Investment Holdings Limited	2201 Interest of corporation controlled by you
Avenir Investment Limited	2101 Beneficial owner
Avenir Capital Inc.	2101 Beneficial owner
Avenir Holdings Limited	2101 Beneficial owner
Snp China Enterprises Limited	2201 Interest of corporation controlled by you
Hsg Holding Limited	2201 Interest of corporation controlled by you
Hongshan Capital Venture Fund Iv, L.p.	2201 Interest of corporation controlled by you
Hsg Cv Iv Holdco, Ltd.	2101 Beneficial owner
Hsg Cv Iv Senior Holdco, Ltd.	2201 Interest of corporation controlled by you
Hsg Venture Iv Management, L.p.	2201 Interest of corporation controlled by you

Sinohope Technology Holdings Headlines

No Headlines