SNI (Shenni Holdings) Days Inventory: 28.00 (As of Sep. 2024)

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What is Shenni Holdings Days Inventory?

Shenni Holdings SNI Days Inventory is 28.00 as of Sep. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Shenni Holdings's Average Total Inventories for the six months ended in Sep. 2024 was $0.83 Mil. Shenni Holdings's Cost of Goods Sold for the six months ended in Sep. 2024 was $5.43 Mil. Hence, Shenni Holdings's Days Inventory for the six months ended in Sep. 2024 was 28.00.

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

SNI's Days Inventory is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 179.47
* Ranked among companies with meaningful Days Inventory only.

Shenni Holdings's Days Inventory declined from Sep. 2023 (64.77) to Sep. 2024 (28.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenni Holdings's Inventory Turnover for the six months ended in Sep. 2024 was 6.52.

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. Shenni Holdings's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.07.


Shenni Holdings  (NAS:SNI) 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.

Shenni Holdings's Inventory Turnover for the six months ended in Sep. 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.

Shenni Holdings's Inventory to Revenue for the six months ended in Sep. 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.


Shenni Holdings Days Inventory Related Terms


Shenni Holdings Days Inventory Historical Data

* Premium members only.

The historical data trend for Shenni 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.

Shenni Holdings Days Inventory Chart

Shenni Holdings Annual Data
Trend Mar23 Mar24
Days Inventory
312.64 29.99

Shenni Holdings Semi-Annual Data
Mar23 Sep23 Mar24 Sep24
Days Inventory 0.00 64.77 25.89 28.00

SNI vs : Days Inventory Comparison

For the Medical Devices subindustry, Shenni 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.


Shenni Holdings Days Inventory vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shenni Holdings's Days Inventory distribution charts can be found below:

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



Shenni Holdings Days Inventory Calculation

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

Shenni Holdings's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (0.203 + 0.689) / 2 ) / 5.429*365
=0.446 / 5.429*365
=29.99

Shenni Holdings's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0.689 + 0.976) / 2 ) / 5.426*365 / 2
=0.8325 / 5.426*365 / 2
=28.00

* 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 28.00 mean?
Shenni Holdings (SNI) has a Days Inventory of 28.00 as of Sep. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Shenni Holdings and its competitors.
Is Shenni Holdings' Days Inventory too high?
Shenni Holdings' current Days Inventory is 28.00. The Medical Devices & Instruments industry median Days Inventory is 179.47. Shenni Holdings' value of 28.00 is 84.4% below this industry median.
How does Shenni Holdings' Days Inventory compare to ?
Shenni Holdings' Days Inventory of 28.00 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Inventory is 179.47. Shenni Holdings' value of 28.00 is 84.4% below 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 Medical Devices & Instruments company?
The median Days Inventory among Medical Devices & Instruments companies is 179.47, based on 787 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. Shenni Holdings's current Days Inventory of 28.00 is 84.4% below 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 Shenni Holdings and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 179.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenni Holdings's current Days Inventory is 28.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenni Holdings stock overvalued right now?
Shenni Holdings (SNI) has a current Days Inventory of 28.00. The current Days Inventory is 28.00 and 84.4% below the Medical Devices & Instruments industry median of 179.47. 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 Shenni Holdings (SNI), the current Days Inventory is 28.00 as of Sep. 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.

Shenni Holdings Business Description

Comparable Companies
Address Biopharmaceutical Industry Park, South Bridge Yongfeng County, Jiangxi Province, Jian, CHN, 331500
Shenni Holdings Ltd is a holding company. Through its operating subsidiaries in China, it is engaged in the business of the manufacture and distribution of urology medical devices and care products as well as the distribution of cardiovascular and cerebrovascular medical devices. Its products include Guide Wire, Catheter Sheath, and PTA Balloon Catheter. The company derives its revenue from three sources: (i) sales and distribution of urology medical devices (ii) sales and distribution of urology care products, and (iii) sales and distribution of cardiovascular and cerebrovascular medical devices.