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Sutor Technology Group Ltd (NAS:SUTR)
Change In Inventory
\$27.2 Mil (As of Dec. 2014)

Sutor Technology Group Ltd's change in inventory for the quarter that ended in Dec. 2014 was \$27.2 Mil. It means Sutor Technology Group Ltd's inventory increased by \$27.2 Mil from Sep. 2014 to Dec. 2014 .

Sutor Technology Group Ltd's change in inventory for the fiscal year that ended in Jun. 2014 was \$-25.1 Mil. It means Sutor Technology Group Ltd's inventory declined by \$25.1 Mil from Jun. 2013 to Jun. 2014 .

Sutor Technology Group Ltd's inventory for the quarter that ended in Dec. 2014 was \$29.1 Mil.

Days inventory indicates the number of days of goods in sales that a company has in the inventory. Sutor Technology Group Ltd's days inventory for the quarter that ended in Dec. 2014 was 48.66.

Inventory can be measured by Days Sales of Inventory (DSI). Sutor Technology Group Ltd's days sales of inventory (DSI) for the quarter that ended in Dec. 2014 was 45.65.

Inventory turnover measures how fast the company turns over its inventory within a year. Sutor Technology Group Ltd's inventory turnover for the quarter that ended in Dec. 2014 was 1.88.

Inventory to revenue ratio 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. Sutor Technology Group Ltd's inventory to revenue ratio for the quarter that ended in Dec. 2014 was 0.50.

Definition

Change In Inventory is the difference between last periods ending inventory and the current periods ending inventory.

Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Sutor Technology Group Ltd's Days Inventory for the quarter that ended in Dec. 2014 is calculated as:

 Days Inventory = Average Inventory / Cost of Goods Sold * Days in Period = 42.6725 / 80.03 * 365 / 4 = 48.66

2. Inventory can be measured by Days Sales of Inventory (DSI).

Sutor Technology Group Ltd's Days Sales of Inventory for the quarter that ended in Dec. 2014 is calculated as

 Days Sales of Inventory (DSI) = Average Inventory / Revenue * Days in Period = 42.6725 / 85.302 * 365 / 4 = 45.65

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Sutor Technology Group Ltd's Inventory Turnover for the quarter that ended in Dec. 2014 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 80.03 / 42.6725 = 1.88

4. 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.

Sutor Technology Group Ltd's Inventory to Revenue for the quarter that ended in Dec. 2014 is calculated as

 Inventory to Revenue = Average Inventory / Revenue = 42.6725 / 85.302 = 0.50

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Sutor Technology Group Ltd Annual Data

 Dec05 Dec06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 ChangeInInventory 0.0 0.0 -9.1 -24.6 19.9 4.2 -3.8 -3.2 -1.0 -25.1

Sutor Technology Group Ltd Quarterly Data

 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 ChangeInInventory -12.7 5.3 -6.8 13.2 -54.6 -6.6 22.5 13.5 22.1 27.2
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