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Sun Art Retail Group (Sun Art Retail Group) Days Inventory : 60.06 (As of Sep. 2023)


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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. 2023 was $1,212 Mil. Sun Art Retail Group's Cost of Goods Sold for the six months ended in Sep. 2023 was $3,683 Mil. Hence, Sun Art Retail Group's Days Inventory for the six months ended in Sep. 2023 was 60.06.

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: 54.72   Med: 63.79   Max: 85.17
Current: 54.72

During the past 12 years, Sun Art Retail Group's highest Days Inventory was 85.17. The lowest was 54.72. And the median was 63.79.

SURRF's Days Inventory is ranked better than
76.78% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 111.025 vs SURRF: 54.72

Sun Art Retail Group's Days Inventory declined from Sep. 2022 (60.70) to Sep. 2023 (60.06).

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. 2023 was 3.04.

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. Sun Art Retail Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.25.


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.

* Premium members only.

Sun Art Retail Group Days Inventory Chart

Sun Art Retail Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.89 72.01 85.10 70.51 55.07

Sun Art Retail Group Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep21 Mar22 Sep22 Mar23 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 54.10 49.51 60.70 49.94 60.06

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.



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. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (1532.484 + 1229.738) / 2 ) / 9154.246*365
=1381.111 / 9154.246*365
=55.07

Sun Art Retail Group'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: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (1229.738 + 1194.316) / 2 ) / 3683.114*365 / 2
=1212.027 / 3683.114*365 / 2
=60.06

* 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.


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. 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.

Sun Art Retail Group's Inventory to Revenue for the six 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.


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 (Sun Art Retail Group) Business Description

Traded in Other Exchanges
Address
183 Queen’s Road East, Level 54, Hopewell Centre, Hong Kong, HKG
Sun Art Retail Group Ltd is a hypermarket operator in China. As of 2019, the company had 491 hypermarket complexes under two banners: Auchan and RT-Mart, with a total gross floor area of 13.68 million square meters. Sun Art operates its business with hypermarkets, superstores, and mini stores under RT-Super and RT-Mini.

Sun Art Retail Group (Sun Art Retail Group) Headlines

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