Golden Sun Health Technology Group (Golden Sun Health Technology Group) Days Inventory : 13.53 (As of Sep. 2023)

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What is Golden Sun Health Technology Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Golden Sun Health Technology Group's Average Total Inventories for the six months ended in Sep. 2023 was $0.15 Mil. Golden Sun Health Technology Group's Cost of Goods Sold for the six months ended in Sep. 2023 was $2.08 Mil. Hence, Golden Sun Health Technology Group's Days Inventory for the six months ended in Sep. 2023 was 13.53.

The historical rank and industry rank for Golden Sun Health Technology Group's Days Inventory or its related term are showing as below:

GSUN' s Days Inventory Range Over the Past 10 Years
Min: 12.88 Med: 12.88 Max: 12.88
Current: 12.88

During the past 5 years, Golden Sun Health Technology Group's highest Days Inventory was 12.88. The lowest was 12.88. And the median was 12.88.

GSUN's Days Inventory is ranked worse than
61.88% of 160 companies
in the Education industry
Industry Median: 8.065 vs GSUN: 12.88

Golden Sun Health Technology Group's Days Inventory increased from Sep. 2022 (0.00) to Sep. 2023 (13.53). It might indicate that Golden Sun Health Technology Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Golden Sun Health Technology Group's Inventory Turnover for the six months ended in Sep. 2023 was 13.49.

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. Golden Sun Health Technology Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.06.

Golden Sun Health Technology Group Days Inventory Historical Data

The historical data trend for Golden Sun Health Technology Group'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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Golden Sun Health Technology Group Days Inventory Chart

Golden Sun Health Technology Group Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

12.88

Golden Sun Health Technology Group Semi-Annual Data
	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial				-	-	-	-	13.53

Competitive Comparison of Golden Sun Health Technology Group's Days Inventory

For the Education & Training Services subindustry, Golden Sun Health Technology Group'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.

Golden Sun Health Technology Group's Days Inventory Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Golden Sun Health Technology Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Golden Sun Health Technology Group's Days Inventory falls into.

Golden Sun Health Technology Group Days Inventory Calculation

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

Golden Sun Health Technology Group's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (0	+	0.154)	/	1 )	/	4.364	*	365
=	0.154					/	4.364	*	365
=	12.88

Golden Sun Health Technology Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0.154)	/	1 )	/	2.077	*	365 / 2
=	0.154					/	2.077	*	365 / 2
=	13.53

Golden Sun Health Technology Group (NAS:GSUN) 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.

Golden Sun Health Technology Group's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.077	/	0.154
	=	13.49

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.

Golden Sun Health Technology Group's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.154	/	2.629
	=	0.06

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.

Golden Sun Health Technology Group Days Inventory Related Terms

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

Golden Sun Health Technology Group (Golden Sun Health Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Golden Sun Health Technology Group Ltd (NAS:GSUN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Profit Huiyin Square North Building, Huashan 2018, Unit 1001, Xuhui District, Shanghai, CHN

Website

https://www.jtyjyjt.com

Golden Sun Education Group Ltd is engaged in the provision of education and management services in the People's Republic of China. The company offers private school educational services and foreign language tutorial services and other education training management services. The firm operates four tutorial centers; Yangfushan Tutorial offers a Gaokao repeater tutorial program to high school students who retake Gaokao, Hongkou Tutorial offers various English and other foreign language tutorial programs, Jicai Tutorial offers non-English foreign language tutorial programs to individual students, companies, and other organizations and Zhouzhi Tutorial offers non-English foreign language tutorial programs to individual students, companies and other organizations.