Sundart Holdings (HKSE:01568) Inventory Turnover : 91.81 (As of Dec. 2024)

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What is Sundart Holdings Inventory Turnover?

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. Sundart Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$2,815 Mil. Sundart Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was HK$31 Mil. Sundart Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 91.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sundart Holdings's Days Inventory for the six months ended in Dec. 2024 was 1.99.

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. Sundart Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.01.

Sundart Holdings Inventory Turnover Historical Data

The historical data trend for Sundart Holdings'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.

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Sundart Holdings Inventory Turnover Chart

Sundart Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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107.66

111.83

80.40

82.39

108.13

Sundart Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															61.50	34.70	47.55	49.85	91.81

Sundart Holdings Inventory Turnover Calculation

Sundart Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	5196.573	/ (	(65.156	+	30.96)	/	2 )
=	5196.573	/	48.058
=	108.13

Sundart Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	2815.376	/ (	(30.371	+	30.96)	/	2 )
=	2815.376	/	30.6655
=	91.81

Sundart Holdings (HKSE:01568) 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.

Sundart Holdings's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	30.6655	/	2815.376	*	365 / 2
	=	1.99

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.

Sundart Holdings's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	30.6655	/	3230.667
	=	0.01

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.

Sundart Holdings Inventory Turnover Related Terms

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Sundart Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sundart Holdings Ltd (HKSE:01568) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

370 Kwun Tong Road, 19th Floor, Millennium City 3, Kowloon, Hong Kong, HKG

Website

http://www.sundart.com

Sundart Holdings Ltd is an interior decorative company in Hong Kong. It specializes in providing interior works for residential properties and hotel projects. The company's reportable segments are Fitting-out works in Hong Kong; Fitting-out works in Macau; Fitting-out works in China; Fitting-out works in Singapore; Alteration, addition, and construction works in Hong Kong; and Manufacturing, sourcing and distribution of interior decorative materials. Geographically, the group has a business presence in Hong Kong, Macau, the PRC and Other countries, of which prime revenue is derived from the PRC.

Executives

Fu Haixia	2202 Interest of your spouse
Liu Zaiwang	2201 Interest of corporation controlled by you
Jiang He Chuang Jian Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Cai Yun Guo Ji Tou Zi You Xian Gong Si	2101 Beneficial owner
Yun Nan Sheng Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Jangho Hong Kong Holdings Limited	2201 Interest of corporation controlled by you
Reach Glory International Limited	2101 Beneficial owner
Bei Jing Jiang He Yuan Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you

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