GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Summi (Group) Holdings Ltd (HKSE:00756) » Definitions » Days Inventory

Summi (Group) Holdings (HKSE:00756) Days Inventory : 204.73 (As of Jun. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Summi (Group) Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Summi (Group) Holdings's Average Total Inventories for the six months ended in Jun. 2024 was HK$29.60 Mil. Summi (Group) Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$26.38 Mil. Hence, Summi (Group) Holdings's Days Inventory for the six months ended in Jun. 2024 was 204.73.

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

HKSE:00756' s Days Inventory Range Over the Past 10 Years
Min: 34.12   Med: 117.51   Max: 627.45
Current: 125.22

During the past 13 years, Summi (Group) Holdings's highest Days Inventory was 627.45. The lowest was 34.12. And the median was 117.51.

HKSE:00756's Days Inventory is ranked worse than
84.26% of 108 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 67.085 vs HKSE:00756: 125.22

Summi (Group) Holdings's Days Inventory declined from Jun. 2023 (2,076.92) to Jun. 2024 (204.73).

Inventory Turnover measures how fast the company turns over its inventory within a year. Summi (Group) Holdings's Inventory Turnover for the six months ended in Jun. 2024 was 0.89.

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. Summi (Group) Holdings's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.66.


Summi (Group) Holdings Days Inventory Historical Data

The historical data trend for Summi (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.

* Premium members only.

Summi (Group) Holdings Days Inventory Chart

Summi (Group) Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 162.98 34.12 94.01 161.54 133.17

Summi (Group) Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 487.82 191.41 2,076.92 64.59 204.73

Competitive Comparison of Summi (Group) Holdings's Days Inventory

For the Beverages - Non-Alcoholic subindustry, Summi (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.


Summi (Group) Holdings's Days Inventory Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Summi (Group) Holdings's Days Inventory distribution charts can be found below:

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



Summi (Group) Holdings Days Inventory Calculation

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

Summi (Group) Holdings's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (7.24 + 39.419) / 2 ) / 63.943*365
=23.3295 / 63.943*365
=133.17

Summi (Group) Holdings's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (19.771 + 39.419) / 2 ) / 26.382*365 / 2
=29.595 / 26.382*365 / 2
=204.73

* 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.


Summi (Group) Holdings  (HKSE:00756) 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.

Summi (Group) Holdings's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

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.

Summi (Group) Holdings's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

* 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.


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.


Summi (Group) Holdings Days Inventory Related Terms

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


Summi (Group) Holdings Business Description

Traded in Other Exchanges
N/A
Address
838 Lai Chi Kok Road, Room 702, 7th Floor, Laford Centre, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Summi (Group) Holdings Ltd operates in the beverages business. The company and its subsidiaries are principally engaged in the sale of frozen concentrated orange juice and other related products; and production and sale of freshly squeezed orange juice. The products of the group are offered under the Summi brand name. It operates in two segments: Production and Sale of FCOJ and Other Related Products Business and Production and Sale of Summi Fresh Orange Juice and Other Products Business. The company generates maximum revenue from the Production and Sale of Summi Fresh Orange Juice and Other Products Business segment. Geographically the company derives a majority of its revenue from Mainland China and the rest from Hong Kong.
Executives
Rui Er Holdings Company Limited 2101 Beneficial owner
Wu Shaohao 2201 Interest of corporation controlled by you
Yang Xijuan 2202 Interest of your spouse
Hu Mingyue 2101 Beneficial owner
Hong Man Na 2202 Interest of your spouse

Summi (Group) Holdings Headlines

No Headlines