Crypto Flow Technology (HKSE:08198) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Crypto Flow Technology 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. Crypto Flow Technology's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$4.87 Mil. Crypto Flow Technology'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. Crypto Flow Technology's Days Inventory for the three months ended in Dec. 2023 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. Crypto Flow Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Crypto Flow Technology Inventory Turnover Historical Data

The historical data trend for Crypto Flow Technology'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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Crypto Flow Technology Inventory Turnover Chart

Crypto Flow Technology Annual Data

Trend

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Dec23

Inventory Turnover

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Crypto Flow Technology Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Crypto Flow Technology Inventory Turnover Calculation

Crypto Flow Technology'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 )
=	9.436	/ (	(0	+	0)	/	1 )
=	9.436	/	0
=	N/A

Crypto Flow Technology'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	4.87	/ (	(0	+	0)	/	1 )
=	4.87	/	0
=	N/A

Crypto Flow Technology (HKSE:08198) 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.

Crypto Flow Technology's Days Inventory for the three 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	/	4.87	*	365 / 4
	=	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.

Crypto Flow Technology'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	/	6.662
	=	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.

Crypto Flow Technology Inventory Turnover Related Terms

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Crypto Flow Technology (HKSE:08198) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Crypto Flow Technology Ltd (HKSE:08198) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

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Address

Unit 3506, 35th Floor, Tower One, Lippo Centre, 89 Queensway, Hong Kong, HKG

Website

http://www.cryptoflowhk.com

Crypto Flow Technology Ltd is engaged in the provision of data analysis and storage services Big Data Centre Services, Data processors leasing services, Data Processors Leasing Services, and Money lending business in Hong Kong. It operates in three segments Provision of Big Data Centre Services, Data Centre Services, and Money lending business. It generates maximum revenue from Big Data Centre Services. It operates in Mainland China and Hong Kong, and the majority of its revenue comes from Hong Kong.

Executives

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