Sanxun Holdings Group (HKSE:06611) Days Inventory: 1,592.54 (As of Jun. 2024)

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What is Sanxun Holdings Group Days Inventory?

Sanxun Holdings Group HKSE:06611 Days Inventory is 1,592.54 as of Jun. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Sanxun Holdings Group's Average Total Inventories for the six months ended in Jun. 2024 was HK$8,433 Mil. Sanxun Holdings Group's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$966 Mil. Hence, Sanxun Holdings Group's Days Inventory for the six months ended in Jun. 2024 was 1,592.54.

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

HKSE:06611's Days Inventory is not ranked *
in the Real Estate industry.
Industry Median: 682.455
* Ranked among companies with meaningful Days Inventory only.

Sanxun Holdings Group's Days Inventory increased from Jun. 2023 (897.12) to Jun. 2024 (1,592.54). It might indicate that Sanxun Holdings Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sanxun Holdings Group's Inventory Turnover for the six months ended in Jun. 2024 was 0.11.

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. Sanxun Holdings Group's Inventory-to-Revenue for the six months ended in Jun. 2024 was 8.48.


Sanxun Holdings Group  (HKSE:06611) 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.

Sanxun Holdings Group's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=966.42233779884 / 8433.2424859771
=0.11

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.

Sanxun Holdings Group's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=8433.2424859771 / 994.70817093714
=8.48

* 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.


Sanxun Holdings Group Days Inventory Related Terms


Sanxun Holdings Group Days Inventory Historical Data

* Premium members only.

The historical data trend for Sanxun Holdings Group'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.

Sanxun Holdings Group Days Inventory Chart

Sanxun Holdings Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 1,241.97 1,420.70 947.96 1,058.70 1,289.45

Sanxun Holdings Group Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 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 1,379.90 871.70 897.12 2,032.78 1,592.54

Sanxun Holdings Group Days Inventory Competitor Comparison

For the Real Estate - Development subindustry, Sanxun Holdings Group'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.


Sanxun Holdings Group Days Inventory vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sanxun Holdings Group's Days Inventory distribution charts can be found below:

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



Sanxun Holdings Group Days Inventory Calculation

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

Sanxun Holdings Group'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
=( (11328.096144181 + 8897.6160280026) / 2 ) / 2862.6221765957*365
=10112.856086092 / 2862.6221765957*365
=1,289.44

Sanxun Holdings Group'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
=( (8897.6160280026 + 7968.8689439517) / 2 ) / 966.42233779884*365 / 2
=8433.2424859771 / 966.42233779884*365 / 2
=1,592.54

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 1,592.54 mean?
Sanxun Holdings Group (HKSE:06611) has a Days Inventory of 1,592.54 as of Jun. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Sanxun Holdings Group and its competitors.
Is Sanxun Holdings Group's Days Inventory too high?
Sanxun Holdings Group's current Days Inventory is 1,592.54. The Real Estate industry median Days Inventory is 682.46. Sanxun Holdings Group's value of 1,592.54 is 133.4% above this industry median.
How does Sanxun Holdings Group's Days Inventory compare to competitors?
Sanxun Holdings Group's Days Inventory of 1,592.54 can be compared against companies in the Real Estate industry. The industry median Days Inventory is 682.46. Sanxun Holdings Group's value of 1,592.54 is 133.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Real Estate company?
The median Days Inventory among Real Estate companies is 682.46, based on 1,324 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sanxun Holdings Group's current Days Inventory of 1,592.54 is 133.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Sanxun Holdings Group and its competitors. For the Real Estate industry, the median Days Inventory is 682.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanxun Holdings Group's current Days Inventory is 1,592.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanxun Holdings Group stock overvalued right now?
Sanxun Holdings Group (HKSE:06611) has a current Days Inventory of 1,592.54. The current Days Inventory is 1,592.54 and 133.4% above the Real Estate industry median of 682.46. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Sanxun Holdings Group (HKSE:06611), the current Days Inventory is 1,592.54 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sanxun Holdings Group Business Description

Address Yanzihe Road and Innovation Avenue, Room 1702, Building A, High tech Zone, Auhui Province, Hefei, CHN
Sanxun Holdings Group Ltd real estate developer. It focuses on the development and sales of residential properties. The company has a portfolio of 46 projects some of which are Suzhou-Lingbi Qingfeng, Suzhou-National Construction Elegance, Wuxi-Xishan Qingfeng, Wuxi-Pickup Printing, Nanjing Ruyi County, and Nanjing-Heyue Lanting.