Sunfonda Group Holdings (HKSE:01771) Change In Inventory : HK$65 Mil (TTM As of Dec. 2023)

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What is Sunfonda Group Holdings Change In Inventory?

Sunfonda Group Holdings's change in inventory for the quarter that ended in Dec. 2023 was HK$-25 Mil. It means Sunfonda Group Holdings's inventory increased by HK$25 Mil from Jun. 2023 to Dec. 2023 .

Sunfonda Group Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was HK$65 Mil. It means Sunfonda Group Holdings's inventory declined by HK$65 Mil from Dec. 2022 to Dec. 2023 .

Sunfonda Group Holdings's Total Inventories for the quarter that ended in Dec. 2023 was HK$1,397 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sunfonda Group Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 41.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sunfonda Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.37.

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. Sunfonda Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.22.

Sunfonda Group Holdings Change In Inventory Historical Data

The historical data trend for Sunfonda Group Holdings's Change In 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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Sunfonda Group Holdings Change In Inventory Chart

Sunfonda Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-241.41

310.27

-179.74

-331.32

65.15

Sunfonda Group Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-206.09	-318.59	-27.81	89.69	-24.54

Sunfonda Group Holdings Change In Inventory Calculation

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

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$65 Mil.

Sunfonda Group Holdings (HKSE:01771) Change In Inventory Explanation

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

Sunfonda Group Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1389.896	/	6073.43	*	365 / 2
	=	41.76

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

Sunfonda Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6073.43	/	1389.896
	=	4.37

3. 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.

Sunfonda Group Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1389.896	/	6241.802
	=	0.22

Sunfonda Group Holdings Change In Inventory Related Terms

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Sunfonda Group Holdings (HKSE:01771) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sunfonda Group Holdings Ltd (HKSE:01771) » Definitions » Change In Inventory

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Address

No. 1555 Ouya 1st Road, Sunfonda Automobile Center, Beichen Avenue, Shaanxi Province, Chanba Ecological District, Xi’an, CHN, 710021

Website

https://www.sunfonda.com.cn

Sunfonda Group Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the sale and service of luxury and ultra-luxury car brands in Mainland China. The Group operates in one business unit based on its products, and has one reportable segment, which is the sale of motor vehicles and the provision of related services. In 2021, the Linxia GAC Toyota store in Gansu, the Wuhan BMW store, the Wuxi GAC Toyota store, were successively put into operation, of which the Wuhan BMW Store has the first 4S store of the Group in Central China. In addition, the Group has been authorized to set up new stores including Xi'an Porsche, Yinchuan BMW and Xining BMW and pending commencement of business.

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