Sansheng Holdings (Group) Co (HKSE:02183) Inventory Turnover : 0.09 (As of Dec. 2021)

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What is Sansheng Holdings (Group) Co 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. Sansheng Holdings (Group) Co's Cost of Goods Sold for the six months ended in Dec. 2021 was HK$4,570 Mil. Sansheng Holdings (Group) Co's Average Total Inventories for the quarter that ended in Dec. 2021 was HK$48,726 Mil. Sansheng Holdings (Group) Co's Inventory Turnover for the quarter that ended in Dec. 2021 was 0.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sansheng Holdings (Group) Co's Days Inventory for the six months ended in Dec. 2021 was 1,946.02.

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. Sansheng Holdings (Group) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2021 was 8.33.

Sansheng Holdings (Group) Co Inventory Turnover Historical Data

The historical data trend for Sansheng Holdings (Group) Co'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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Sansheng Holdings (Group) Co Inventory Turnover Chart

Sansheng Holdings (Group) Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

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0.18

0.07

0.20

Sansheng Holdings (Group) Co Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Inventory Turnover	Get a 7-Day Free Trial															0.08	0.04	0.17	0.10	0.09

Sansheng Holdings (Group) Co Inventory Turnover Calculation

Sansheng Holdings (Group) Co's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	9498.632	/ (	(45423.743	+	49378.663)	/	2 )
=	9498.632	/	47401.203
=	0.20

Sansheng Holdings (Group) Co's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as

	Inventory Turnover (Q: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2021 )	/ (	(Total Inventories (Q: Jun. 2021 )	+	Total Inventories (Q: Dec. 2021 ))	/	count )
=	4569.598	/ (	(48073.823	+	49378.663)	/	2 )
=	4569.598	/	48726.243
=	0.09

Sansheng Holdings (Group) Co (HKSE:02183) 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.

Sansheng Holdings (Group) Co's Days Inventory for the six months ended in Dec. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2021 )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
	=	48726.243	/	4569.598	*	365 / 2
	=	1,946.02

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.

Sansheng Holdings (Group) Co's Inventory to Revenue for the quarter that ended in Dec. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2021 )	/	Revenue (Q: Dec. 2021 )
	=	48726.243	/	5846.502
	=	8.33

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.

Sansheng Holdings (Group) Co Inventory Turnover Related Terms

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Sansheng Holdings (Group) Co (HKSE:02183) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sansheng Holdings (Group) Co Ltd (HKSE:02183) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

The Gateway Tower 6, Room 3207, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.sansheng.hk

Sansheng Holdings (Group) Co Ltd together with its subsidiaries is engaged in property development and sale, and property investment. Its portfolio includes commercial or non-residential properties. It has a geographical presence in Hong Kong and China. The company's revenue mainly derived from sales of properties, with a small proportion from investment properties rental income.

Executives

Mega Regal Limited	2101 Beneficial owner
Cheng Xuan	2202 Interest of your spouse
Lin Rongbin	2201 Interest of corporation controlled by you
China Orient Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
Springboard Holdings Limited	2101 Beneficial owner
Lau Luen Hung, Thomas	2201 Interest of corporation controlled by you
Dong Xing Zheng Quan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Dong Xing Zheng Quan Xiang Gang Jin Rong Kong Gu You Xian Gong Si	2106 Person having a security interest in shares
Modern Times Development Limited	2201 Interest of corporation controlled by you

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