Sinohope Technology Holdings (HKSE:01611) Days Inventory : 0.00 (As of Sep. 2023)

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What is Sinohope Technology Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sinohope Technology Holdings's Average Total Inventories for the six months ended in Sep. 2023 was HK$0 Mil. Sinohope Technology Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$312 Mil. Hence, Sinohope Technology Holdings's Days Inventory for the six months ended in Sep. 2023 was 0.00.

The historical rank and industry rank for Sinohope Technology Holdings's Days Inventory or its related term are showing as below:

HKSE:01611' s Days Inventory Range Over the Past 10 Years
Min: 2.27 Med: 45.21 Max: 54.84
Current: 6.94

During the past 11 years, Sinohope Technology Holdings's highest Days Inventory was 54.84. The lowest was 2.27. And the median was 45.21.

HKSE:01611's Days Inventory is ranked better than
67.16% of 1559 companies
in the Software industry
Industry Median: 19.53 vs HKSE:01611: 6.94

Sinohope Technology Holdings's Days Inventory declined from Sep. 2022 (1.13) to Sep. 2023 (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. Sinohope Technology Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.00.

Sinohope Technology Holdings Days Inventory Historical Data

The historical data trend for Sinohope Technology Holdings'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.

Sinohope Technology Holdings Days Inventory Chart

Sinohope Technology Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

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47.24

47.61

54.84

2.27

5.70

Sinohope Technology Holdings Semi-Annual Data
	Sep13	Sep14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial														55.22	47.55	1.13	3.21	-

Competitive Comparison of Sinohope Technology Holdings's Days Inventory

For the Software - Infrastructure subindustry, Sinohope Technology Holdings'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.

Sinohope Technology Holdings's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Sinohope Technology Holdings's Days Inventory falls into.

Sinohope Technology Holdings Days Inventory Calculation

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 fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (44.109	+	0)	/	1 )	/	2823.18	*	365
=	44.109					/	2823.18	*	365
=	5.70

Sinohope Technology Holdings's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	312.468	*	365 / 2
=	0					/	312.468	*	365 / 2
=	0.00

Sinohope Technology Holdings (HKSE:01611) 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.

Sinohope Technology Holdings's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	312.468	/	0
	=

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 six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	327.688
	=	0.00

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.

Sinohope Technology Holdings Days Inventory Related Terms

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

Sinohope Technology Holdings (HKSE:01611) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sinohope Technology Holdings Ltd (HKSE:01611) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Queen's Road Central, 6th Floor, 7th Floor, Unit 702-3, Central, Hong Kong, HKG

Website

https://www.sinohope.com

Sinohope Technology Holdings Ltd Formerly New Huo Technology Holdings Ltd is a digital asset and blockchain specialist company. The Company is an investment holding company and its subsidiaries are principally engaged in the provision of technology solution services, a variety of services in virtual asset ecosystem, such as asset management, trust and custodian business, cryptocurrency trading, and contract manufacturing, on electronic manufacturing services basis, of a wide range of power-related and electrical/electronic products. The company operates in three reportable segments; Virtual asset ecosystem; Provision of technology solution services and Contract manufacturing. The majority of revenue is derived from the Virtual asset ecosystem Segment.

Executives

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

Sinohope Technology Holdings (HKSE:01611) Headlines

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