Sitoy Group Holdings (HKSE:01023) Days Inventory : 61.21 (As of Dec. 2024)

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What is Sitoy Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sitoy Group Holdings's Average Total Inventories for the six months ended in Dec. 2024 was HK$181 Mil. Sitoy Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$540 Mil. Hence, Sitoy Group Holdings's Days Inventory for the six months ended in Dec. 2024 was 61.21.

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

HKSE:01023' s Days Inventory Range Over the Past 10 Years
Min: 53.6 Med: 75.17 Max: 104.67
Current: 69.28

During the past 13 years, Sitoy Group Holdings's highest Days Inventory was 104.67. The lowest was 53.60. And the median was 75.17.

HKSE:01023's Days Inventory is ranked better than
77.4% of 991 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 127.23 vs HKSE:01023: 69.28

Sitoy Group Holdings's Days Inventory declined from Dec. 2023 (77.43) to Dec. 2024 (61.21).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sitoy Group Holdings's Inventory Turnover for the six months ended in Dec. 2024 was 2.98.

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. Sitoy Group Holdings's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.22.

Sitoy Group Holdings Days Inventory Historical Data

The historical data trend for Sitoy 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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Sitoy Group Holdings Days Inventory Chart

Sitoy Group Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Inventory

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89.78

104.67

79.65

74.84

76.17

Sitoy Group Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial															76.65	73.54	77.43	81.26	61.21

Competitive Comparison of Sitoy Group Holdings's Days Inventory

For the Footwear & Accessories subindustry, Sitoy 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.

Sitoy Group Holdings's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sitoy Group Holdings's Days Inventory distribution charts can be found below:

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

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Sitoy Group Holdings Days Inventory Calculation

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

Sitoy 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
=	( (214.441	+	217.22)	/	2 )	/	1034.206	*	365
=	215.8305					/	1034.206	*	365
=	76.17

Sitoy Group Holdings's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (217.22	+	144.702)	/	2 )	/	539.567	*	365 / 2
=	180.961					/	539.567	*	365 / 2
=	61.21

Sitoy Group Holdings (HKSE:01023) 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.

Sitoy Group Holdings's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	539.567	/	180.961
	=	2.98

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.

Sitoy Group Holdings's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	180.961	/	813.71
	=	0.22

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.

Sitoy Group Holdings Days Inventory Related Terms

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

Sitoy Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sitoy Group Holdings Ltd (HKSE:01023) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

164 Wai Yip Street, 9th Floor, Sitoy Tower, Kowloon, Kwun Tong, Hong Kong, HKG

Website

https://www.sitoy.com

Sitoy Group Holdings Ltd predominantly serves as a contract manufacturer of handbags, small leather goods, footwear products, and travel goods for high-end and luxury brand customers. The company has three self-owned brands, namely Tuscan's, Fashion & Joy, and Duffy, and acts as a distributor in Mainland China, Hong Kong, and Macau for the Cole Haan brand. Its reportable operating segments are; Retail, Manufacturing, and Property investment. Maximum revenue is generated from its Manufacturing segment which produces handbags, small leather goods, and travel goods for branding and resale by others. Geographically, it derives key revenue from the Chinese Mainland, Hong Kong, Macau and Taiwan, and the rest from North America, Europe, other Asian countries, and other regions.

Executives

Samarang Ucits	2101 Beneficial owner
Yeung Michael Wah Keung	2101 Beneficial owner
Yeung Wo Fai	2101 Beneficial owner
Bellatrix S.p.a.	2201 Interest of corporation controlled by you
Bertelli Patrizio	2201 Interest of corporation controlled by you
Ludo S.p.a.	2201 Interest of corporation controlled by you
Pa Be 1 S.p.a.	2201 Interest of corporation controlled by you
Prada Bianchi Miuccia	2201 Interest of corporation controlled by you
Prada Holding S.p.a.	2201 Interest of corporation controlled by you
Prada S.p.a.	2101 Beneficial owner

Sitoy Group Holdings Headlines

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