Sunny Optical Technology (Group) Co (HKSE:02382) Total Inventories : HK$5,619 Mil (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Sunny Optical Technology (Group) Co Total Inventories?

Sunny Optical Technology (Group) Co's total inventories for the quarter that ended in Dec. 2023 was HK$5,619 Mil. Sunny Optical Technology (Group) Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$5,225 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sunny Optical Technology (Group) Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$1.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sunny Optical Technology (Group) Co's Days Inventory for the six months ended in Dec. 2023 was 58.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sunny Optical Technology (Group) Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.13.

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. Sunny Optical Technology (Group) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.27.

Sunny Optical Technology (Group) Co Total Inventories Historical Data

The historical data trend for Sunny Optical Technology (Group) Co's Total Inventories 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.

Sunny Optical Technology (Group) Co Total Inventories Chart

Sunny Optical Technology (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

5,726.17

6,855.44

6,712.36

5,271.91

5,618.68

Sunny Optical Technology (Group) Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial															6,712.36	6,226.20	5,271.91	4,831.13	5,618.68

Sunny Optical Technology (Group) Co Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Sunny Optical Technology (Group) Co (HKSE:02382) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Sunny Optical Technology (Group) Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(23525.024	+	0.75 * 7420.102	+	0.5 * 5618.678	-	29986.436
-	0	-	501.676)	/	1096.77
=	1.29

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

Sunny Optical Technology (Group) Co'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
	=	5224.9045	/	16344.166	*	365 / 2
	=	58.34

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

Sunny Optical Technology (Group) Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	16344.166	/	5224.9045
	=	3.13

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.

Sunny Optical Technology (Group) Co'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 )
	=	5224.9045	/	19034.701
	=	0.27

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Sunny Optical Technology (Group) Co Total Inventories Related Terms

Thank you for viewing the detailed overview of Sunny Optical Technology (Group) Co's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Sunny Optical Technology (Group) Co (HKSE:02382) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sunny Optical Technology (Group) Co Ltd (HKSE:02382) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

SOTGY:USA SNPTF:USA SXC:Germany SXC:Germany

Address

No. 66-68, Fengle Road, Zhejiang Province, Yuyao, CHN, 315400

Website

https://www.sunnyoptical.com

Headquartered in Yuyao, China, Sunny Optical is China's biggest handset camera modules maker and the world's largest handset lens sets manufacturer. Higher-margin lens sets are used on smartphones, vehicles, and augmented/virtual reality. Sunny Optical is a key beneficiary of the secular growth of mobile and vehicle camera demand, as smartphone manufacturers seek differentiated camera features and advanced driver-assistance systems witness rising adoption among automakers. The firm also manufactures optical instruments, such as high-end microscopes and optical measuring instruments. The company employed over 26,610 people as of December 2022.

Sunny Optical Technology (Group) Co (HKSE:02382) Headlines

No Headlines