SECOY (Secoo Holding) Days Inventory: 298.64 (As of Jun. 2022)

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SECOY Secoo Holding Ltd SECOY
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What is Secoo Holding Days Inventory?

Secoo Holding SECOY 12 Days Inventory is 298.64 as of Jun. 2022. GuruFocus rates SECOY with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Secoo Holding's Average Total Inventories for the six months ended in Jun. 2022 was $424.3 Mil. Secoo Holding's Cost of Goods Sold for the six months ended in Jun. 2022 was $259.3 Mil. Hence, Secoo Holding's Days Inventory for the six months ended in Jun. 2022 was 298.64.

The historical rank and industry rank for Secoo Holding's Days Inventory or its related term are showing as below:

SECOY's Days Inventory is not ranked *
in the Retail - Cyclical industry.
Industry Median: 103.68
* Ranked among companies with meaningful Days Inventory only.

Secoo Holding's Days Inventory declined from Jun. 2021 (486.37) to Jun. 2022 (298.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. Secoo Holding's Inventory Turnover for the six months ended in Jun. 2022 was 0.61.

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. Secoo Holding's Inventory-to-Revenue for the six months ended in Jun. 2022 was 2.44.


Secoo Holding  (OTCPK:SECOY) 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.

Secoo Holding's Inventory Turnover for the six months ended in Jun. 2022 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.

Secoo Holding's Inventory to Revenue for the six months ended in Jun. 2022 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.


Secoo Holding Days Inventory Related Terms


Secoo Holding Days Inventory Historical Data

* Premium members only.

The historical data trend for Secoo Holding'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.

Secoo Holding Days Inventory Chart

Secoo Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial 111.22 121.80 142.98 205.61 375.47

Secoo Holding Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 265.60 171.48 486.37 318.74 298.64

SECOY vs PIK, MOGU, HWGC: Days Inventory Comparison

For the Internet Retail subindustry, Secoo Holding'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.


Secoo Holding Days Inventory vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Secoo Holding's Days Inventory distribution charts can be found below:

* The bar in red indicates where Secoo Holding's Days Inventory falls into.


SECOY
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Secoo Holding Ltd SECOY
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Secoo Holding Days Inventory Calculation

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

Secoo Holding's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (503.082 + 470.297) / 2 ) / 473.124*365
=486.6895 / 473.124*365
=375.47

Secoo Holding's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

Days Inventory (Q: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (470.297 + 378.265) / 2 ) / 259.276*365 / 2
=424.281 / 259.276*365 / 2
=298.64

* 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 298.64 mean?
Secoo Holding (SECOY) has a Days Inventory of 298.64 as of Jun. 2022. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Secoo Holding and its competitors.
Is Secoo Holding's Days Inventory too high?
Secoo Holding's current Days Inventory is 298.64. The Retail - Cyclical industry median Days Inventory is 103.68. Secoo Holding's value of 298.64 is 188% above this industry median. Overall, Secoo Holding has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Secoo Holding's Days Inventory compare to PIK and MOGU?
Secoo Holding's Days Inventory of 298.64 can be compared against companies in the Retail - Cyclical industry. The industry median Days Inventory is 103.68. Secoo Holding's value of 298.64 is 188% 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 Retail - Cyclical company?
The median Days Inventory among Retail - Cyclical companies is 103.68, based on 1,095 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. Secoo Holding's current Days Inventory of 298.64 is 188% 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 Secoo Holding and its competitors. For the Retail - Cyclical industry, the median Days Inventory is 103.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Secoo Holding's current Days Inventory is 298.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secoo Holding stock overvalued right now?
Secoo Holding (SECOY) has a current Days Inventory of 298.64. The current Days Inventory is 298.64 and 188% above the Retail - Cyclical industry median of 103.68. Secoo Holding's overall GF Score™ is 12/100. 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 Secoo Holding (SECOY), the current Days Inventory is 298.64 as of Jun. 2022. 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.

Secoo Holding Business Description

Address No. 3 Courtyard Building 2, Sanlitun Road A, Chaoyang District, Beijing, CHN, 100027
Secoo Holding Ltd operates an online and offline shopping platform in China. It operates as an online retailer in China through the website, mobile applications, and offline experience centers in Beijing, Shanghai, Chengdu, Tianjin, Xiamen, Qingdao, and Malaysia. Also, the company is cooperating with brand boutiques such as Versace boutiques for its customers to pick up products ordered on its online platform. The majority of revenue is generated from its online business. Its geographical segments are China, Hongkong, and Others, of which the majority of the revenue is generated from China.
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