Homeland Interactive Technology (HKSE:03798) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Homeland Interactive 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. Homeland Interactive Technology's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$339 Mil. Homeland Interactive Technology's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Homeland Interactive Technology's Days Inventory for the six 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. Homeland Interactive Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Homeland Interactive Technology Inventory Turnover Historical Data

The historical data trend for Homeland Interactive 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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Homeland Interactive Technology Inventory Turnover Chart

Homeland Interactive Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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Homeland Interactive Technology Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial									-	-	-	-	-

Homeland Interactive Technology Inventory Turnover Calculation

Homeland Interactive 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 )
=	680.562	/ (	(0	+	0)	/	1 )
=	680.562	/	0
=	N/A

Homeland Interactive 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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	338.606	/ (	(0	+	0)	/	1 )
=	338.606	/	0
=	N/A

Homeland Interactive Technology (HKSE:03798) 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.

Homeland Interactive Technology'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	/	338.606	*	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.

Homeland Interactive 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	/	903.669
	=	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.

Homeland Interactive Technology Inventory Turnover Related Terms

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Homeland Interactive Technology (HKSE:03798) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Homeland Interactive Technology Ltd (HKSE:03798) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Tainan Road, 7A, 22nd Floor, Huijin Building, Siming District, Xiamen, CHN

Website

https://www.jiaxianghudong.com

Homeland Interactive Technology Ltd is a developer and operator of g localized card and board game developer and operator in the PRC with a special focus on localized Mahjong and poker games. It derives revenue from game development and operation income from sales of virtual tokens and private game room cards. Its operating activities are attributable to a single operating segment focusing on the development and operation of mobile games in the Peoples' Republic of China.

Executives

Zhang Na	2101 Beneficial owner
Su Bo	2202 Interest of your spouse
Futu Trustee Limited	2301 Trustee
Ding Chunlong	2101 Beneficial owner
Jiang Mingkuan
One One Eleven Limited	2201 Interest of corporation controlled by you
Futu Trustee (singapore) Pte Ltd	2301 Trustee
Men Geng	2307 Founder of a discretionary trust who can infl
Men Geng Network Limited	2101 Beneficial owner
Su Bo Network Limited	2101 Beneficial owner
Su Bo	2201 Interest of corporation controlled by you
Jiang Ming Kuan Network Limited	2101 Beneficial owner
Wu Chengze	2201 Interest of corporation controlled by you
Wu Chengze Network Limited	2101 Beneficial owner
Li Bo	2201 Interest of corporation controlled by you

Homeland Interactive Technology (HKSE:03798) Headlines

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