GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Cherish Sunshine International Ltd (HKSE:01094) » Definitions » Days Inventory

Cherish Sunshine International (HKSE:01094) Days Inventory : 0.66 (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Cherish Sunshine International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cherish Sunshine International's Average Total Inventories for the six months ended in Mar. 2024 was HK$2.0 Mil. Cherish Sunshine International's Cost of Goods Sold for the six months ended in Mar. 2024 was HK$545.8 Mil. Hence, Cherish Sunshine International's Days Inventory for the six months ended in Mar. 2024 was 0.66.

The historical rank and industry rank for Cherish Sunshine International's Days Inventory or its related term are showing as below:

HKSE:01094' s Days Inventory Range Over the Past 10 Years
Min: 0.08   Med: 0.54   Max: 3.68
Current: 0.68

During the past 13 years, Cherish Sunshine International's highest Days Inventory was 3.68. The lowest was 0.08. And the median was 0.54.

HKSE:01094's Days Inventory is ranked better than
98.5% of 468 companies
in the Conglomerates industry
Industry Median: 72.59 vs HKSE:01094: 0.68

Cherish Sunshine International's Days Inventory increased from Mar. 2023 (0.08) to Mar. 2024 (0.66). It might indicate that Cherish Sunshine International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cherish Sunshine International's Inventory Turnover for the six months ended in Mar. 2024 was 276.14.

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. Cherish Sunshine International's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.00.


Cherish Sunshine International Days Inventory Historical Data

The historical data trend for Cherish Sunshine International'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.

Cherish Sunshine International Days Inventory Chart

Cherish Sunshine International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.29 0.26 0.15 0.08

Cherish Sunshine International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Sep22 Mar23 Sep23 Mar24
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 0.15 0.22 0.08 1.97 0.66

Competitive Comparison of Cherish Sunshine International's Days Inventory

For the Conglomerates subindustry, Cherish Sunshine International'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.


Cherish Sunshine International's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Cherish Sunshine International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cherish Sunshine International's Days Inventory falls into.



Cherish Sunshine International Days Inventory Calculation

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

Cherish Sunshine International's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (0.101 + 0.23) / 2 ) / 722.666*365
=0.1655 / 722.666*365
=0.08

Cherish Sunshine International's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (3.723 + 0.23) / 2 ) / 545.789*365 / 2
=1.9765 / 545.789*365 / 2
=0.66

* 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.


Cherish Sunshine International  (HKSE:01094) 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.

Cherish Sunshine International's Inventory Turnover for the six months ended in Mar. 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.

Cherish Sunshine International's Inventory to Revenue for the six months ended in Mar. 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.


Cherish Sunshine International Days Inventory Related Terms

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


Cherish Sunshine International Business Description

Traded in Other Exchanges
N/A
Address
No. 1818–2 Wenyi West Road, Yuhang Street, Unit 109–14, Block 1, Yuhang District, Zhejiang Province, Hangzhou, CHN
Cherish Sunshine International Ltd is a provider of one-stop integrated procurement service solutions in China. Its segments are the provision of procurement services, trading business, provision of corporate IT solutions, rental income, and energy management contracting business. The majority of the revenue derives from the trading segment which engaged in the Trading of general goods.
Executives
Eastmount Global Limited 2101 Beneficial owner
Liu Luoxiu 2307 Founder of a discretionary trust who can infl
Wu Siyuan 2501 Other
Trident Trust Company (singapore) Pte Limited 2301 Trustee
Jiang Xi Yin Xing Gu Fen You Xian Gong Si 2106 Person having a security interest in shares

Cherish Sunshine International Headlines

No Headlines