GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sun Art Retail Group Ltd (HKSE:06808) » Definitions » Inventory Turnover

Sun Art Retail Group (HKSE:06808) Inventory Turnover : 3.35 (As of Sep. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Sun Art Retail Group 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. Sun Art Retail Group's Cost of Goods Sold for the six months ended in Sep. 2024 was HK$28,828 Mil. Sun Art Retail Group's Average Total Inventories for the quarter that ended in Sep. 2024 was HK$8,617 Mil. Sun Art Retail Group's Inventory Turnover for the quarter that ended in Sep. 2024 was 3.35.

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 six months ended in Sep. 2024 was 54.55.

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 quarter that ended in Sep. 2024 was 0.23.

Sun Art Retail Group Inventory Turnover Historical Data

The historical data trend for Sun Art Retail 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.

* Premium members only.

Sun Art Retail Group Inventory Turnover Chart

Sun Art Retail Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.07 4.29 5.18 6.64 6.59

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
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 3.01 3.65 3.03 3.40 3.35

Sun Art Retail Group Inventory Turnover Calculation

Sun Art Retail Group's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Inventory Turnover (A: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2024 ) / ((Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count )
=59321.836 / ((9651.843 + 8354.745) / 2 )
=59321.836 / 9003.294
=6.59

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

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=28827.581 / ((8354.745 + 8879.934) / 2 )
=28827.581 / 8617.3395
=3.35

* 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  (HKSE:06808) 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.

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

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=8617.3395/28827.581*365 / 2
=54.55

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 quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=8617.3395 / 38215.097
=0.23

* 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.

Sun Art Retail Group Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Sun Art Retail Group's Inventory Turnover 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 (HKSE:06808) » Definitions » Inventory Turnover
Comparable Companies
HKSE:00289 HKSE:02136 HKSE:00848 HKSE:02625 HKSE:00980 HKSE:00825 HKSE:00097 HKSE:03368 HKSE:00244 HKSE:00312 TSE:8267 PHS:SM XSGO:FALABELLA LSE:MKS XSGO:CENCOSUD TSE:7453 JSE:SHP TSE:9005 SHSE:601933 SZSE:000564
Traded in Other Exchanges
SURRY:USA SURRF:USA 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.
Executives
Wolhardt Julian Juul 2201 Interest of corporation controlled by you
J.p. Morgan Trust Company (bahamas) Limited 2301 Trustee
Liu Haifeng David 2307 Founder of a discretionary trust who can infl
Lieu Ketty Chia Roo 2202 Interest of your spouse
Dcp, Ltd. 2201 Interest of corporation controlled by you
Dcp General Partner Ii, Ltd. 2201 Interest of corporation controlled by you
Classic Fit Limited 2201 Interest of corporation controlled by you
Chen Vivian 2202 Interest of your spouse
New Retail Strategic Opportunities Investments 1 Limited 2101 Beneficial owner
Alibaba Group Holding Limited 2201 Interest of corporation controlled by you
New Retail Strategic Opportunities Gp Limited 2201 Interest of corporation controlled by you
New Retail Strategic Opportunities Fund, L.p. 2201 Interest of corporation controlled by you
New Retail Strategic Opportunities Fund Gp, L.p. 2201 Interest of corporation controlled by you
Alibaba Investment Limited 2201 Interest of corporation controlled by you
A-rt Retail Holdings Limited 2101 Beneficial owner

Sun Art Retail Group Headlines

No Headlines