Sino-Entertainment Technology Holdings (HKSE:06933) Inventory Turnover : 0.00 (As of Dec. 2024)

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What is Sino-Entertainment 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. Sino-Entertainment Technology Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$15.82 Mil. Sino-Entertainment Technology Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sino-Entertainment Technology Holdings's Days Inventory for the six months ended in Dec. 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. Sino-Entertainment Technology Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.

Sino-Entertainment Technology Holdings Inventory Turnover Historical Data

The historical data trend for Sino-Entertainment 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.

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Sino-Entertainment Technology Holdings Inventory Turnover Chart

Sino-Entertainment Technology Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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Sino-Entertainment Technology Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial									-	-	-	-	-

Sino-Entertainment Technology Holdings Inventory Turnover Calculation

Sino-Entertainment Technology Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	45.775	/ (	(0	+	0)	/	1 )
=	45.775	/	0
=	N/A

Sino-Entertainment Technology Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	15.815	/ (	(0	+	0)	/	1 )
=	15.815	/	0
=	N/A

Sino-Entertainment Technology Holdings (HKSE:06933) 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.

Sino-Entertainment Technology Holdings's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	0	/	15.815	*	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.

Sino-Entertainment Technology Holdings's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	0	/	15.311
	=	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.

Sino-Entertainment Technology Holdings Inventory Turnover Related Terms

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Sino-Entertainment Technology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Sino-Entertainment Technology Holdings Ltd (HKSE:06933) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.4 Deshan Road, Room 3-4, Floor 8, Fortune Plaza, Luocheng Dongmen Town, Luocheng Mulao Autonomous County, Guangxi, Hechi, CHN

Website

https://www.dingliangame.com

Sino-Entertainment Technology Holdings Ltd is engaged in mobile game publishing as well as development and sale of customised software and mobile games and blockchain technology business. The operating segments of the company are as follows, 1) Blockchain technology business includes the provision of digital services to liquidity pools operating on blockchain protocols within cryptocurrency networks. 2) Mobile game business includes publishing and development of mobile games in the PRC. Geographically the majority of revenue is generated in People's Republic of China.

Executives

Li Wei	2202 Interest of your spouse
Sui Jiaheng	2201 Interest of corporation controlled by you
Sun Jh Holding Ltd.	2101 Beneficial owner
Huang Zhigang	2201 Interest of corporation controlled by you
Together Win Capital (holdings) Co., Ltd.	2201 Interest of corporation controlled by you

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