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Sunfonda Group Holdings (HKSE:01771) Days Inventory : 49.02 (As of Jun. 2024)


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What is Sunfonda Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sunfonda Group Holdings's Average Total Inventories for the six months ended in Jun. 2024 was HK$1,302 Mil. Sunfonda Group Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$4,849 Mil. Hence, Sunfonda Group Holdings's Days Inventory for the six months ended in Jun. 2024 was 49.02.

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

HKSE:01771' s Days Inventory Range Over the Past 10 Years
Min: 33.02   Med: 41.78   Max: 47.54
Current: 44.42

During the past 11 years, Sunfonda Group Holdings's highest Days Inventory was 47.54. The lowest was 33.02. And the median was 41.78.

HKSE:01771's Days Inventory is ranked better than
81.28% of 1266 companies
in the Vehicles & Parts industry
Industry Median: 80.545 vs HKSE:01771: 44.42

Sunfonda Group Holdings's Days Inventory increased from Jun. 2023 (48.12) to Jun. 2024 (49.02). It might indicate that Sunfonda Group Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sunfonda Group Holdings's Inventory Turnover for the six months ended in Jun. 2024 was 3.72.

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 six months ended in Jun. 2024 was 0.27.


Sunfonda Group Holdings Days Inventory Historical Data

The historical data trend for Sunfonda 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.

Sunfonda Group Holdings Days Inventory Chart

Sunfonda Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.98 36.89 33.02 44.75 45.85

Sunfonda 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 46.62 45.60 48.12 41.76 49.02

Competitive Comparison of Sunfonda Group Holdings's Days Inventory

For the Auto & Truck Dealerships subindustry, Sunfonda 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.


Sunfonda Group Holdings's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sunfonda Group Holdings's Days Inventory distribution charts can be found below:

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



Sunfonda Group Holdings Days Inventory Calculation

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 fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1504.08 + 1397.293) / 2 ) / 11547.776*365
=1450.6865 / 11547.776*365
=45.85

Sunfonda 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
=( (1397.293 + 1207.607) / 2 ) / 4848.635*365 / 2
=1302.45 / 4848.635*365 / 2
=49.02

* 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.


Sunfonda Group Holdings  (HKSE:01771) 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.

Sunfonda 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.

Sunfonda 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.


Sunfonda Group Holdings Days Inventory Related Terms

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


Sunfonda Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 1555 Ouya 1st Road, Sunfonda Automobile Center, Beichen Avenue, Shaanxi Province, Chanba Ecological District, Xi’an, CHN, 710021
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. Additionally, it offers after-sales services such as maintenance and repair, spare parts sales, and automobile detailing. Furthermore, the Group delivers various value-added services, including automobile insurance and financing agency services, licensing assistance, and survey services.
Executives
Golden Speed Enterprises Limited
Top Wheel Limited
Win Force Enterprises Limited
Chiu Man
Wu Tak Lam
Rays Capital Partners Limited 2102 Investment manager
Ruan David Ching Chi 2201 Interest of corporation controlled by you
Asian Equity Special Opportunities Portfolio Master Fund Limited 2101 Beneficial owner

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