GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sterling Group Holdings Ltd (HKSE:01825) » Definitions » Days Inventory

Sterling Group Holdings (HKSE:01825) Days Inventory : 22.55 (As of Sep. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Sterling Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sterling Group Holdings's Average Total Inventories for the six months ended in Sep. 2024 was HK$27.4 Mil. Sterling Group Holdings's Cost of Goods Sold for the six months ended in Sep. 2024 was HK$222.0 Mil. Hence, Sterling Group Holdings's Days Inventory for the six months ended in Sep. 2024 was 22.55.

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

HKSE:01825' s Days Inventory Range Over the Past 10 Years
Min: 22.93   Med: 28.33   Max: 39.3
Current: 25.04

During the past 9 years, Sterling Group Holdings's highest Days Inventory was 39.30. The lowest was 22.93. And the median was 28.33.

HKSE:01825's Days Inventory is ranked better than
93.31% of 1001 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 126.02 vs HKSE:01825: 25.04

Sterling Group Holdings's Days Inventory declined from Sep. 2023 (29.13) to Sep. 2024 (22.55).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sterling Group Holdings's Inventory Turnover for the six months ended in Sep. 2024 was 8.09.

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. Sterling Group Holdings's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.10.


Sterling Group Holdings Days Inventory Historical Data

The historical data trend for Sterling 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.

Sterling Group Holdings Days Inventory Chart

Sterling Group Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only 27.31 39.30 35.06 32.82 30.87

Sterling Group Holdings Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 27.25 38.62 29.13 27.15 22.55

Competitive Comparison of Sterling Group Holdings's Days Inventory

For the Apparel Manufacturing subindustry, Sterling 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.


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

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

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



Sterling Group Holdings Days Inventory Calculation

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

Sterling Group Holdings'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
=( (52.825 + 28.272) / 2 ) / 479.41*365
=40.5485 / 479.41*365
=30.87

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

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (28.272 + 26.578) / 2 ) / 221.974*365 / 2
=27.425 / 221.974*365 / 2
=22.55

* 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.


Sterling Group Holdings  (HKSE:01825) 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.

Sterling Group Holdings's Inventory Turnover for the six months ended in Sep. 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.

Sterling Group Holdings's Inventory to Revenue for the six months ended in Sep. 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.


Sterling Group Holdings Days Inventory Related Terms

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


Sterling Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
9 Sheung Hei Street, 18th - 19th Floor, Win Plaza, San Po Kong, Kowloon, Hong Kong, HKG
Sterling Group Holdings Ltd is an apparel manufacturer headquartered in Hong Kong providing a one-stop apparel manufacturing solution for its customers. Its products include outerwear, tops, bottoms, dresses, suits, gowns, scarf, jumpsuits, and vests among others. The company operates through two segments: Manufacturing and trading of apparel products and Licensing of trademarks for licensing income. It generates the majority of its revenue from the Manufacturing and trading of apparel products. Its geographic areas are Hong Kong, the United States, Italy, and Others.
Executives
Fetar Investment Limited 2101 Beneficial owner
Zhenda Investment Limited 2101 Beneficial owner
Moonlight Global Holdings Limited 2101 Beneficial owner
Siu Chi Wai 2201 Interest of corporation controlled by you
Wong Mei Wai Alice 2202 Interest of your spouse
Sesame Capital 2102 Investment manager

Sterling Group Holdings Headlines

No Headlines