Shenzhou International Group Holdings (HKSE:02313) Days Inventory : 109.20 (As of Dec. 2024)

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What is Shenzhou International Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shenzhou International Group Holdings's Average Total Inventories for the six months ended in Dec. 2024 was HK$7,279 Mil. Shenzhou International Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$12,165 Mil. Hence, Shenzhou International Group Holdings's Days Inventory for the six months ended in Dec. 2024 was 109.20.

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

HKSE:02313' s Days Inventory Range Over the Past 10 Years
Min: 112.59 Med: 119.04 Max: 128.32
Current: 117.11

During the past 13 years, Shenzhou International Group Holdings's highest Days Inventory was 128.32. The lowest was 112.59. And the median was 119.04.

HKSE:02313's Days Inventory is ranked better than
53.62% of 994 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 126.49 vs HKSE:02313: 117.11

Shenzhou International Group Holdings's Days Inventory declined from Dec. 2023 (114.21) to Dec. 2024 (109.20).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhou International Group Holdings's Inventory Turnover for the six months ended in Dec. 2024 was 1.67.

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. Shenzhou International Group Holdings's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.43.

Shenzhou International Group Holdings Days Inventory Historical Data

The historical data trend for Shenzhou International 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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Shenzhou International Group Holdings Days Inventory Chart

Shenzhou International Group Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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112.59

114.15

114.08

120.80

116.54

Shenzhou International 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															119.14	129.35	114.21	127.92	109.20

Competitive Comparison of Shenzhou International Group Holdings's Days Inventory

For the Textile Manufacturing subindustry, Shenzhou International 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.

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

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

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

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Shenzhou International Group Holdings Days Inventory Calculation

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

Shenzhou International Group Holdings's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (6699.106	+	7350.873)	/	2 )	/	22002.629	*	365
=	7024.9895					/	22002.629	*	365
=	116.54

Shenzhou International 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
=	( (7206.802	+	7350.873)	/	2 )	/	12164.563	*	365 / 2
=	7278.8375					/	12164.563	*	365 / 2
=	109.20

Shenzhou International Group Holdings (HKSE:02313) 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.

Shenzhou International 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
	=	12164.563	/	7278.8375
	=	1.67

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7278.8375	/	16748.536
	=	0.43

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.

Shenzhou International Group Holdings Days Inventory Related Terms

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

Shenzhou International Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shenzhou International Group Holdings Ltd (HKSE:02313) » Definitions » Days Inventory

Traded in Other Exchanges

SHZHY:USA S6L:Germany

Address

No. 8 Cheung Yue Street, Unit 2708, 27th Floor, Billion Plaza, Kowloon, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

http://www.shenzhouintl.com

Shenzhou is the largest vertically integrated knitwear manufacturer in the world. The group mainly produces sportswear (75% of 2022 revenue), casual wear (21% of revenue), and lingerie (3% of revenue) for international clients such as Nike, Adidas, Puma, and Uniqlo. Mainland China is its largest market, accounting for 26% of sales in 2022. This is followed by Europe, US, and Japan. Shenzhou currently operates manufacturing plants in China, Cambodia, and Vietnam.

Executives

Splendid Steed Investments Limited	2201 Interest of corporation controlled by you
Ma Jianrong	2201 Interest of corporation controlled by you
Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Schroders Plc	2102 Investment manager
Schroders Plc	2102 Investment manager
Keep Glory Limited	2101 Beneficial owner

Shenzhou International Group Holdings Headlines

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