Sunkwan Properties Group (HKSE:06900) Days Inventory : 4,145.59 (As of Jun. 2023)

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What is Sunkwan Properties Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sunkwan Properties Group's Average Total Inventories for the six months ended in Jun. 2023 was HK$21,776 Mil. Sunkwan Properties Group's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$959 Mil. Hence, Sunkwan Properties Group's Days Inventory for the six months ended in Jun. 2023 was 4,145.59.

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

HKSE:06900' s Days Inventory Range Over the Past 10 Years
Min: 720.13 Med: 932.37 Max: 2884.02
Current: 1831.58

During the past 6 years, Sunkwan Properties Group's highest Days Inventory was 2884.02. The lowest was 720.13. And the median was 932.37.

HKSE:06900's Days Inventory is ranked worse than
77.41% of 1328 companies
in the Real Estate industry
Industry Median: 696.13 vs HKSE:06900: 1831.58

Sunkwan Properties Group's Days Inventory declined from Jun. 2022 (11,496.49) to Jun. 2023 (4,145.59).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sunkwan Properties Group's Inventory Turnover for the six months ended in Jun. 2023 was 0.04.

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. Sunkwan Properties Group's Inventory-to-Revenue for the six months ended in Jun. 2023 was 21.82.

Sunkwan Properties Group Days Inventory Historical Data

The historical data trend for Sunkwan Properties 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.

* Premium members only.

Sunkwan Properties Group Days Inventory Chart

Sunkwan Properties Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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945.26

919.47

720.13

869.07

2,123.09

Sunkwan Properties Group Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial					2,673.26	626.51	11,496.49	1,191.48	4,145.59

Competitive Comparison of Sunkwan Properties Group's Days Inventory

For the Real Estate - Development subindustry, Sunkwan Properties 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.

Sunkwan Properties Group's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Sunkwan Properties Group's Days Inventory falls into.

Sunkwan Properties Group Days Inventory Calculation

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

Sunkwan Properties Group's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (25130.711	+	21829.997)	/	2 )	/	4036.718	*	365
=	23480.354					/	4036.718	*	365
=	2,123.09

Sunkwan Properties Group's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (21829.997	+	21722.162)	/	2 )	/	958.642	*	365 / 2
=	21776.0795					/	958.642	*	365 / 2
=	4,145.59

Sunkwan Properties Group (HKSE:06900) 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.

Sunkwan Properties Group's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	958.642	/	21776.0795
	=	0.04

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.

Sunkwan Properties Group's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	21776.0795	/	998.033
	=	21.82

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.

Sunkwan Properties Group Days Inventory Related Terms

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

Sunkwan Properties Group (HKSE:06900) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunkwan Properties Group Ltd (HKSE:06900) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

No.77, Sunkwan Road, Building T1, Sunkwan Cente, Minhang District, Shanghai, CHN

Website

http://www.sunkwan.com.cn

Sunkwan Properties Group Ltd is engaged in the residential property development and sales. It focuses on the Yangtze River Delta Economic Zone and expanding to the Pearl River Delta Economic Zone and the Mid-China Core Economic Region.

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