New Sparkle Roll International Group (HKSE:00970) Inventory Turnover: 3.33 (As of Mar. 2026)

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HKSE:00970 New Sparkle Roll International Group Ltd HKSE:00970
37 GF Score
Price HK$0.35
GF Value HK$0.38
Valuation Fairly Valued
! 3 Warning Signs
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What is New Sparkle Roll International Group Inventory Turnover?

New Sparkle Roll International Group HKSE:00970 -1.41% 37 Inventory Turnover is 3.33 as of Mar. 2026. GuruFocus rates HKSE:00970 with a GF Score™ of 37/100 and a GF Value™ of HK$0.38 (Fairly Valued). The stock has 3 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. New Sparkle Roll International Group's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$1,086 Mil. New Sparkle Roll International Group's Average Total Inventories for the quarter that ended in Mar. 2026 was HK$327 Mil. New Sparkle Roll International Group's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. New Sparkle Roll International Group's Days Inventory for the six months ended in Mar. 2026 was 54.88.

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. New Sparkle Roll International Group's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.28.


New Sparkle Roll International Group  (HKSE:00970) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

New Sparkle Roll International Group's Days Inventory for the six months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=326.5335/1085.798*365 / 2
=54.88

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.

New Sparkle Roll International Group's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=326.5335 / 1168.394
=0.28

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


New Sparkle Roll International Group Inventory Turnover Related Terms


New Sparkle Roll International Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for New Sparkle Roll International Group's Inventory Turnover 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.

New Sparkle Roll International Group Inventory Turnover Chart

New Sparkle Roll International Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.37 2.64 2.90 2.82 5.01

New Sparkle Roll International Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Inventory Turnover 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 1.52 1.15 1.44 2.45 3.33
HKSE:00970
37GF Score
New Sparkle Roll International Group Ltd HKSE:00970
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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New Sparkle Roll International Group Inventory Turnover Calculation

New Sparkle Roll International Group's Inventory Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Inventory Turnover (A: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2026 ) / ((Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count )
=2183.954 / ((556.896 + 314.666) / 2 )
=2183.954 / 435.781
=5.01

New Sparkle Roll International Group's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=1085.798 / ((338.401 + 314.666) / 2 )
=1085.798 / 326.5335
=3.33

* 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 Inventory Turnover →
What does a Inventory Turnover of 3.33 mean?
New Sparkle Roll International Group (HKSE:00970) has a Inventory Turnover of 3.33 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on New Sparkle Roll International Group and its competitors.
Is New Sparkle Roll International Group's Inventory Turnover too high?
New Sparkle Roll International Group's current Inventory Turnover is 3.33. Overall, New Sparkle Roll International Group has a GF Score™ of 37/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does New Sparkle Roll International Group's Inventory Turnover compare to CVNA and PAG?
New Sparkle Roll International Group's Inventory Turnover of 3.33 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Vehicles & Parts company?
A good Inventory Turnover depends on the Vehicles & Parts industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on New Sparkle Roll International Group and its competitors. New Sparkle Roll International Group's current Inventory Turnover is 3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Sparkle Roll International Group stock overvalued right now?
Based on GuruFocus' analysis, New Sparkle Roll International Group (HKSE:00970) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.38, compared to a current price of HK$0.35 — trading 7.9% below its estimated fair value. The current Inventory Turnover is 3.33. New Sparkle Roll International Group's overall GF Score™ is 37/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For New Sparkle Roll International Group (HKSE:00970), the current Inventory Turnover is 3.33 as of Mar. 2026. 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.

Is New Sparkle Roll International Group (HKSE:00970) Overvalued in 2026?

Based on GuruFocus' analysis, New Sparkle Roll International Group stock appears to be undervalued. The current stock price of HK$0.35 is trading 7.9% below its estimated GF Value™ of HK$0.38. GuruFocus considers New Sparkle Roll International Group to be Fairly Valued.

Key valuation signals for HKSE:00970:

  • Inventory Turnover: 3.33
  • GF Value™: HK$0.38 vs. price of HK$0.35 (7.9% below fair value)
  • GF Score™: 37/100 with 3 warning signs

No single metric tells the full story. See the HKSE:00970 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Sparkle Roll International Group Business Description

Address 60 Gloucester Road, 23rd Floor, China Huarong Tower, Wanchai, Hong Kong, HKG
New Sparkle Roll International Group Ltd is an investment holding company. The operating segments of the company include Auto dealerships, Non-auto dealerships, Property management and Others. The company generates maximum revenue from the Auto dealership segment, which includes the distribution of branded automobiles, namely Bentley, Lamborghini, and Rolls-Royce, and the provision of related after-sales services. The Non-auto Dealership segment engages in the distribution of branded watches, jewelry, wines, audio equipment, menswear apparel, smokers' accessories, and cigars. The Property Management and Others segment engages in the provision of property management, property rental, money lending, movie development, and investment business.
37GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.35
Price
HK$0.38
GF Value