Sun Hung Kai Properties (Sun Hung Kai Properties) Inventory Turnover : 0.06 (As of Dec. 2023)

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What is Sun Hung Kai Properties 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. Sun Hung Kai Properties's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,757 Mil. Sun Hung Kai Properties's Average Total Inventories for the quarter that ended in Dec. 2023 was $27,644 Mil. Sun Hung Kai Properties's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sun Hung Kai Properties's Days Inventory for the six months ended in Dec. 2023 was 2,870.93.

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. Sun Hung Kai Properties's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 7.84.

Sun Hung Kai Properties Inventory Turnover Historical Data

The historical data trend for Sun Hung Kai Properties'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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Sun Hung Kai Properties Inventory Turnover Chart

Sun Hung Kai Properties Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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0.22

0.21

0.20

0.18

Sun Hung Kai Properties Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.10	0.09	0.06	0.11	0.06

Sun Hung Kai Properties Inventory Turnover Calculation

Sun Hung Kai Properties's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	4690.029	/ (	(26454.046	+	27082.344)	/	2 )
=	4690.029	/	26768.195
=	0.18

Sun Hung Kai Properties'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 )
=	1757.28	/ (	(27082.344	+	28205.588)	/	2 )
=	1757.28	/	27643.966
=	0.06

Sun Hung Kai Properties (OTCPK:SUHJY) 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.

Sun Hung Kai Properties'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
	=	27643.966	/	1757.28	*	365 / 2
	=	2,870.93

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.

Sun Hung Kai Properties'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 )
	=	27643.966	/	3526.595
	=	7.84

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.

Sun Hung Kai Properties Inventory Turnover Related Terms

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Sun Hung Kai Properties (Sun Hung Kai Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sun Hung Kai Properties Ltd (OTCPK:SUHJY) » Definitions » Inventory Turnover

Traded in Other Exchanges

SUHJF:USA 00016:Hong Kong SHG:Germany

Address

30 Harbour Road, 45th Floor, Sun Hung Kai Centre, Hong Kong, HKG

Website

https://www.shkp.com

Sun Hung Kai Properties is a diversified real estate developer in Hong Kong with a core focus on the residential, retail and office real estate segment. Most of its business is based in Hong Kong where it is a leading private housing developer and holds a portfolio of high-quality retail and office assets for rental income. The company also invests in other listed entities, including telecommunication company, SmarTone and data center provider, SUNeVision. The Kwok family is the controlling shareholder, with a stake of more than 40%.

Sun Hung Kai Properties (Sun Hung Kai Properties) Headlines

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