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Sun Hing Printing Holdings (HKSE:01975) Days Inventory : 37.65 (As of Jun. 2024)


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What is Sun Hing Printing Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sun Hing Printing Holdings's Average Total Inventories for the six months ended in Jun. 2024 was HK$21.8 Mil. Sun Hing Printing Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$105.9 Mil. Hence, Sun Hing Printing Holdings's Days Inventory for the six months ended in Jun. 2024 was 37.65.

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

HKSE:01975' s Days Inventory Range Over the Past 10 Years
Min: 36.88   Med: 45.54   Max: 73.03
Current: 42.34

During the past 10 years, Sun Hing Printing Holdings's highest Days Inventory was 73.03. The lowest was 36.88. And the median was 45.54.

HKSE:01975's Days Inventory is ranked worse than
57.46% of 670 companies
in the Business Services industry
Industry Median: 28.48 vs HKSE:01975: 42.34

Sun Hing Printing Holdings's Days Inventory declined from Jun. 2023 (60.27) to Jun. 2024 (37.65).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sun Hing Printing Holdings's Inventory Turnover for the six months ended in Jun. 2024 was 4.85.

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. Sun Hing Printing Holdings's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.15.


Sun Hing Printing Holdings Days Inventory Historical Data

The historical data trend for Sun Hing Printing 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.

Sun Hing Printing Holdings Days Inventory Chart

Sun Hing Printing 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 45.77 73.03 62.10 55.96 40.57

Sun Hing Printing Holdings Semi-Annual Data
Jun15 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 65.40 52.63 60.27 48.75 37.65

Competitive Comparison of Sun Hing Printing Holdings's Days Inventory

For the Specialty Business Services subindustry, Sun Hing Printing 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.


Sun Hing Printing Holdings's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sun Hing Printing Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sun Hing Printing Holdings's Days Inventory falls into.



Sun Hing Printing Holdings Days Inventory Calculation

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

Sun Hing Printing 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
=( (30.271 + 16.969) / 2 ) / 212.512*365
=23.62 / 212.512*365
=40.57

Sun Hing Printing 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
=( (26.708 + 16.969) / 2 ) / 105.86*365 / 2
=21.8385 / 105.86*365 / 2
=37.65

* 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.


Sun Hing Printing Holdings  (HKSE:01975) 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.

Sun Hing Printing 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.

Sun Hing Printing 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.


Sun Hing Printing Holdings Days Inventory Related Terms

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


Sun Hing Printing Holdings Business Description

Traded in Other Exchanges
N/A
Address
35-37 Lee Chung Street, 4th Floor, Sze Hing Industrial Building, Chai Wan, Hong Kong, HKG
Sun Hing Printing Holdings Ltd is engaged in investment holding and the sale and manufacture of printing products. It is a printing service provider, covering various services such as printing solution consultation, flexographic printing, offset printing, and post-press to delivery. Its printing products are used for marketing as well as for promotion, advertising, and educational purposes. Some of its product offerings include gift boxes, deluxe packaging, booklets, and greeting cards among others. Geographically, the company derives maximum revenue from Europe, Hong Kong, the United States of America, Asia, Chinese Mainland, Oceania, and other regions.
Executives
Goody Capital Limited
Goody Luck Limited
Chan Chi Ming
Chan Chun Sang Desmond
Chan Kenneth Chi Kin
Chan Peter Tit Sang
Leong Angela On Kei
Chan Lai Lin Diana
Lee Shuk Fong Rebecca
Tso Yin Wah
Wong Orangeo Wendy

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