Sunny Side Up Culture Holdings (HKSE:08082) Inventory Turnover : 30.55 (As of Dec. 2023)

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What is Sunny Side Up Culture 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. Sunny Side Up Culture Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$9.1 Mil. Sunny Side Up Culture Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$0.3 Mil. Sunny Side Up Culture Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 30.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sunny Side Up Culture Holdings's Days Inventory for the three months ended in Dec. 2023 was 2.99.

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. Sunny Side Up Culture Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Sunny Side Up Culture Holdings Inventory Turnover Historical Data

The historical data trend for Sunny Side Up Culture 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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Sunny Side Up Culture Holdings Inventory Turnover Chart

Sunny Side Up Culture Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1,033.25

40.16

15.81

10.10

390.36

Sunny Side Up Culture Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															31.06	45.84	8.35	346.08	30.55

Sunny Side Up Culture Holdings Inventory Turnover Calculation

Sunny Side Up Culture Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	132.528	/ (	(0.38	+	0.299)	/	2 )
=	132.528	/	0.3395
=	390.36

Sunny Side Up Culture Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	9.135	/ (	(0	+	0.299)	/	1 )
=	9.135	/	0.299
=	30.55

Sunny Side Up Culture Holdings (HKSE:08082) 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.

Sunny Side Up Culture Holdings's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0.299	/	9.135	*	365 / 4
	=	2.99

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.

Sunny Side Up Culture Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0.299	/	18.56
	=	0.02

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.

Sunny Side Up Culture Holdings Inventory Turnover Related Terms

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Sunny Side Up Culture Holdings (HKSE:08082) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sunny Side Up Culture Holdings Ltd (HKSE:08082) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Hung To Road, 17th Floor, Fun Tower, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.8082.com.hk

Sunny Side Up Culture Holdings Ltd formerly Yeah Yeah Group Holdings Ltd is an investment holding company. It is engaged in the business segments of Media and Entertainment and Cremation and funeral services. The group generates a majority of its revenue from the Media and Entertainment segment which engages in the organisation, production of and investments in concerts and other entertainment events, and other media and entertainment-related businesses. The company earns revenue from Hong Kong, Macau, Taiwan and Mainland China.

Executives

Kongor Investment Holding Limited	2101 Beneficial owner
Chui Bing Sun	2201 Interest of corporation controlled by you
Dong Choi Chi Alex
Yan Wai Ping	2201 Interest of corporation controlled by you
Century China Group Limited	2201 Interest of corporation controlled by you
Chan Shu Sun	2201 Interest of corporation controlled by you
Great Expect Development Limited	2101 Beneficial owner
Choi Oi Lin	2202 Interest of your spouse
Wong Pui Yan	2202 Interest of your spouse
Chui Bing Sun	2201 Interest of corporation controlled by you
Chau Cheok Wa	2103 Interests held jointly with another person
Cheng Ting Kong	2401 A concert party to an agreement to buy shares
New Brilliant Investments Ltd.	2101 Beneficial owner
Albula Investment Fund Ltd	2101 Beneficial owner

Sunny Side Up Culture Holdings (HKSE:08082) Headlines

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