SG Group Holdings (HKSE:01657) Days Inventory : 6.71 (As of Oct. 2023)

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What is SG Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SG Group Holdings's Average Total Inventories for the six months ended in Oct. 2023 was HK$2.9 Mil. SG Group Holdings's Cost of Goods Sold for the six months ended in Oct. 2023 was HK$78.5 Mil. Hence, SG Group Holdings's Days Inventory for the six months ended in Oct. 2023 was 6.71.

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

HKSE:01657' s Days Inventory Range Over the Past 10 Years
Min: 3.58 Med: 6.37 Max: 10.25
Current: 6.65

During the past 9 years, SG Group Holdings's highest Days Inventory was 10.25. The lowest was 3.58. And the median was 6.37.

HKSE:01657's Days Inventory is ranked better than
96.72% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.605 vs HKSE:01657: 6.65

SG Group Holdings's Days Inventory declined from Oct. 2022 (13.71) to Oct. 2023 (6.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. SG Group Holdings's Inventory Turnover for the six months ended in Oct. 2023 was 27.22.

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. SG Group Holdings's Inventory-to-Revenue for the six months ended in Oct. 2023 was 0.03.

SG Group Holdings Days Inventory Historical Data

The historical data trend for SG Group 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.

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SG Group Holdings Days Inventory Chart

SG Group Holdings Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Inventory

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5.92

3.58

7.52

10.25

8.41

SG Group Holdings Semi-Annual Data
	Apr15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Inventory	Get a 7-Day Free Trial												12.45	9.47	13.71	5.32	6.71

Competitive Comparison of SG Group Holdings's Days Inventory

For the Apparel Retail subindustry, SG Group 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.

SG Group Holdings's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SG Group Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where SG Group Holdings's Days Inventory falls into.

SG Group Holdings Days Inventory Calculation

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

SG Group Holdings's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

	Days Inventory (A: Apr. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (4.236	+	1.783)	/	2 )	/	130.689	*	365
=	3.0095					/	130.689	*	365
=	8.41

SG Group Holdings's Days Inventory for the quarter that ended in Oct. 2023 is calculated as:

	Days Inventory (Q: Oct. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Apr. 2023 )	+	Total Inventories (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (1.783	+	3.984)	/	2 )	/	78.482	*	365 / 2
=	2.8835					/	78.482	*	365 / 2
=	6.71

SG Group Holdings (HKSE:01657) 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.

SG Group Holdings's Inventory Turnover for the six months ended in Oct. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	78.482	/	2.8835
	=	27.22

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.

SG Group Holdings's Inventory to Revenue for the six months ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.8835	/	85.768
	=	0.03

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.

SG Group Holdings Days Inventory Related Terms

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

SG Group Holdings (HKSE:01657) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » SG Group Holdings Ltd (HKSE:01657) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7 Wah Sing Street, Unit B, 9th Floor, Mai Wah Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG

Website

http://www.jcfash.com

SG Group Holdings Ltd is an investment holding company. The company's operating segment includes Supply of Apparel Products and Consultation Services. The company generates maximum revenue from the Supply of Apparel Products segment which is engaged in the supply of apparel products with designing and sourcing services to fashion retailers. The company earns revenue from Womenswear, Childrenswear, and Menswear products. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in the PRC, Germany, the United States of America, Hong Kong, Ireland, the Middle East, and Other Countries.

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