SURRF (Sun Art Retail Group) Days Inventory : 54.45 (As of Sep. 2024)

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What is Sun Art Retail Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sun Art Retail Group's Average Total Inventories for the six months ended in Sep. 2024 was $1,104 Mil. Sun Art Retail Group's Cost of Goods Sold for the six months ended in Sep. 2024 was $3,700 Mil. Hence, Sun Art Retail Group's Days Inventory for the six months ended in Sep. 2024 was 54.45.

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

SURRF' s Days Inventory Range Over the Past 10 Years
Min: 54.87 Med: 63.79 Max: 85.17
Current: 54.87

During the past 13 years, Sun Art Retail Group's highest Days Inventory was 85.17. The lowest was 54.87. And the median was 63.79.

SURRF's Days Inventory is ranked better than
75.79% of 1070 companies
in the Retail - Cyclical industry
Industry Median: 105.985 vs SURRF: 54.87

Sun Art Retail Group's Days Inventory declined from Sep. 2023 (60.06) to Sep. 2024 (54.45).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sun Art Retail Group's Inventory Turnover for the six months ended in Sep. 2024 was 3.35.

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. Sun Art Retail Group's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.23.

Sun Art Retail Group Days Inventory Historical Data

The historical data trend for Sun Art Retail 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.

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Sun Art Retail Group Days Inventory Chart

Sun Art Retail Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Mar22

Mar23

Mar24

Days Inventory

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72.01

85.10

70.51

55.07

55.30

Sun Art Retail Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Inventory	Get a 7-Day Free Trial															60.70	49.94	60.06	53.61	54.45

Competitive Comparison of Sun Art Retail Group's Days Inventory

For the Department Stores subindustry, Sun Art Retail 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.

Sun Art Retail Group's Days Inventory Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Sun Art Retail Group's Days Inventory falls into.

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Sun Art Retail Group Days Inventory Calculation

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

Sun Art Retail Group'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
=	( (1229.738	+	1067.972)	/	2 )	/	7583.004	*	365
=	1148.855					/	7583.004	*	365
=	55.30

Sun Art Retail Group'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
=	( (1067.972	+	1139.768)	/	2 )	/	3700.113	*	365 / 2
=	1103.87					/	3700.113	*	365 / 2
=	54.45

Sun Art Retail Group (OTCPK:SURRF) 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.

Sun Art Retail Group's Inventory Turnover for the six months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3700.113	/	1103.87
	=	3.35

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.

Sun Art Retail Group's Inventory to Revenue for the six months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1103.87	/	4905.031
	=	0.23

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.

Sun Art Retail Group Days Inventory Related Terms

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

Sun Art Retail Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sun Art Retail Group Ltd (OTCPK:SURRF) » Definitions » Days Inventory

Traded in Other Exchanges

SURRY:USA 06808:Hong Kong SRI:Germany

Address

No. 255, Jiangchang Xi Road, Jingan District, Shanghai, CHN, 200436

Website

https://www.sunartretail.com

Sun Art Retail Group Ltd is engaged in the operation of brick-and-mortar stores and online sales channels in the People's Republic of China. It operates its business with hypermarkets, superstores, and membership stores under RT-Mart, RT-Super, and M-Club and generates revenue from the sales of goods to customers, membership fees, and rental from leasing areas in the hypermarket buildings. Geographically, the company generates all of its revenue from the People's Republic of China.