Canopy SkyFire Group (HKSE:08245) Inventory Turnover: 31.07 (As of Mar. 2026)

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HKSE:08245 Canopy SkyFire Group Ltd HKSE:08245
31 GF Score
Price HK$0.13
GF Value HK$0.08
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Canopy SkyFire Group Inventory Turnover?

Canopy SkyFire Group HKSE:08245 -5.80% 31 Inventory Turnover is 31.07 as of Mar. 2026. GuruFocus rates HKSE:08245 with a GF Score™ of 31/100 and a GF Value™ of HK$0.08 (Significantly Overvalued). The stock has 4 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. Canopy SkyFire Group's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$15.35 Mil. Canopy SkyFire Group's Average Total Inventories for the quarter that ended in Mar. 2026 was HK$0.49 Mil. Canopy SkyFire Group's Inventory Turnover for the quarter that ended in Mar. 2026 was 31.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Canopy SkyFire Group's Days Inventory for the six months ended in Mar. 2026 was 5.87.

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. Canopy SkyFire Group's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.03.

Canopy SkyFire Group  (HKSE:08245) 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.

Canopy SkyFire 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
=0.494/15.348*365 / 2
=5.87

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.

Canopy SkyFire 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 )
=0.494 / 16.326
=0.03

* 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.

Canopy SkyFire Group Inventory Turnover Related Terms

Canopy SkyFire Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Canopy SkyFire 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.

Canopy SkyFire Group Inventory Turnover Chart

Canopy SkyFire 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 6.88 5.69 36.30 55.05 47.83

Canopy SkyFire 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 43.99 26.55 28.34 17.72 31.07
HKSE:08245
31GF Score
Canopy SkyFire Group Ltd HKSE:08245
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Canopy SkyFire Group Inventory Turnover Calculation

Canopy SkyFire 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 )
=25.448 / ((0.57 + 0.494) / 2 )
=25.448 / 0.532
=47.83

Canopy SkyFire 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 )
=15.348 / ((0 + 0.494) / 1 )
=15.348 / 0.494
=31.07

* 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 31.07 mean?
Canopy SkyFire Group (HKSE:08245) has a Inventory Turnover of 31.07 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Canopy SkyFire Group and its competitors.
Is Canopy SkyFire Group's Inventory Turnover too high?
Canopy SkyFire Group's current Inventory Turnover is 31.07. Overall, Canopy SkyFire Group has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canopy SkyFire Group's Inventory Turnover compare to CSCO and MSI?
Canopy SkyFire Group's Inventory Turnover of 31.07 can be compared against companies in the Hardware 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 Hardware company?
A good Inventory Turnover depends on the Hardware 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 Canopy SkyFire Group and its competitors. Canopy SkyFire Group's current Inventory Turnover is 31.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canopy SkyFire Group stock overvalued right now?
Based on GuruFocus' analysis, Canopy SkyFire Group (HKSE:08245) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.13 — trading 62.5% above its estimated fair value. The current Inventory Turnover is 31.07. Canopy SkyFire Group's overall GF Score™ is 31/100 with 4 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 Canopy SkyFire Group (HKSE:08245), the current Inventory Turnover is 31.07 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 Canopy SkyFire Group (HKSE:08245) Overvalued in 2026?

Based on GuruFocus' analysis, Canopy SkyFire Group stock appears to be overvalued. The current stock price of HK$0.13 is trading 62.5% above its estimated GF Value™ of HK$0.08. GuruFocus considers Canopy SkyFire Group to be Significantly Overvalued.

Key valuation signals for HKSE:08245:

  • Inventory Turnover: 31.07
  • GF Value™: HK$0.08 vs. price of HK$0.13 (62.5% above fair value)
  • GF Score™: 31/100 with 4 warning signs

No single metric tells the full story. See the HKSE:08245 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Canopy SkyFire Group Business Description

Address 200 Hennessy Road, 2nd Floor, Wan Chai, Hong Kong, HKG
Canopy SkyFire Group Ltd, formerly known as Shanyu Group Holdings Co Ltd, is an investment holding company and the activities of its subsidiaries are engaged in designing, trading and manufacturing of two-way radios, baby monitors, plastic products and other communication devices. Geographically the company operates in Europe, the People's Republic of China, The United Kingdom, The United States, Hong Kong, Taiwan, and Australia deriving the majority of its revenue from Hong Kong.
31GF Score

Get the complete analysis for HKSE:08245

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

HK$0.13
Price
HK$0.08
GF Value