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Sino Payments (Sino Payments) Days Inventory : 9.75 (As of Sep. 2023)


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What is Sino Payments Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sino Payments's Average Total Inventories for the three months ended in Sep. 2023 was $0.25 Mil. Sino Payments's Cost of Goods Sold for the three months ended in Sep. 2023 was $2.33 Mil. Hence, Sino Payments's Days Inventory for the three months ended in Sep. 2023 was 9.75.

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

SNPY' s Days Inventory Range Over the Past 10 Years
Min: 1.53   Med: 7.3   Max: 15.68
Current: 8.61

During the past 13 years, Sino Payments's highest Days Inventory was 15.68. The lowest was 1.53. And the median was 7.30.

SNPY's Days Inventory is ranked better than
62.52% of 1561 companies
in the Software industry
Industry Median: 19.5 vs SNPY: 8.61

Sino Payments's Days Inventory increased from Sep. 2022 (9.00) to Sep. 2023 (9.75). It might indicate that Sino Payments's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sino Payments's Inventory Turnover for the three months ended in Sep. 2023 was 9.36.

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. Sino Payments's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.08.


Sino Payments Days Inventory Historical Data

The historical data trend for Sino Payments'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.

Sino Payments Days Inventory Chart

Sino Payments Annual Data
Trend Aug13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.52 10.07 4.52 15.68 12.16

Sino Payments Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.00 7.37 8.31 8.76 9.75

Competitive Comparison of Sino Payments's Days Inventory

For the Information Technology Services subindustry, Sino Payments'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.


Sino Payments's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Sino Payments's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sino Payments's Days Inventory falls into.



Sino Payments Days Inventory Calculation

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

Sino Payments'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
=( (0.389 + 0.226) / 2 ) / 9.229*365
=0.3075 / 9.229*365
=12.16

Sino Payments's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.224 + 0.273) / 2 ) / 2.326*365 / 4
=0.2485 / 2.326*365 / 4
=9.75

* 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.


Sino Payments  (OTCPK:SNPY) 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.

Sino Payments's Inventory Turnover for the three months ended in Sep. 2023 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.

Sino Payments's Inventory to Revenue for the three months ended in Sep. 2023 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.


Sino Payments Days Inventory Related Terms

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


Sino Payments (Sino Payments) Business Description

Traded in Other Exchanges
Address
Shatin Industrial Centre, 5-7 Yuen Shun Circuit, Unit 02-03, 6th Floor, Block B, Shatin, Hong Kong, HKG
Value Exchange International Inc is a United States based software company. The company through its subsidiaries provides customer-centric hardware and software system solutions for the retail industry in China, Hong Kong, and Philippines. Its primary services and products of the IT Business are Systems maintenance and related service and Systems development and integration. The company serves Public and Retail sector. It get majority of its revenue from software development and maintenance services.
Executives
Matthew R Mecke director 6501 RED HOOK PLZA, STE 201-553, ST THOMAS VI 00802
Johan Pehrson director C/O JOHAN PEHRSON, HALMSTAD V7 30259
Tsang Po Yee Bella director, 10 percent owner 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Chun Wing Yeung director 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Seng Wee Tan director, 10 percent owner 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Anthony Robinson director UNIT T25, GF BANGKOK BANK BUILDING, 18 BONHAM STRAND WEST, SHEUNG WAN K3 00000
Paul F. Manning director UNIT T25, GF BANGKOK BANK BUILDING, 18 BONHAM STRAND WEST, SHEUNG WAN K3 00000