SUGP (SU Group Holdings) Inventory Turnover : 1.50 (As of Sep. 2024)

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What is SU Group 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. SU Group Holdings's Cost of Goods Sold for the six months ended in Sep. 2024 was $8.90 Mil. SU Group Holdings's Average Total Inventories for the quarter that ended in Sep. 2024 was $5.93 Mil. SU Group Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SU Group Holdings's Days Inventory for the six months ended in Sep. 2024 was 121.60.

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. SU Group Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.51.

SU Group Holdings Inventory Turnover Historical Data

The historical data trend for SU Group 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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SU Group Holdings Inventory Turnover Chart

SU Group Holdings Annual Data

Trend

Sep21

Sep22

Sep23

Sep24

Inventory Turnover

4.55

4.77

3.64

3.05

SU Group Holdings Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial			2.14	3.56	1.51	1.52	1.50

SU Group Holdings Inventory Turnover Calculation

SU Group Holdings's Inventory Turnover for the fiscal year that ended in Sep. 2024 is calculated as

	Inventory Turnover (A: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2024 )	/ (	(Total Inventories (A: Sep. 2023 )	+	Total Inventories (A: Sep. 2024 ))	/	count )
=	17.272	/ (	(5.227	+	6.111)	/	2 )
=	17.272	/	5.669
=	3.05

SU Group Holdings'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 )
=	8.9	/ (	(5.749	+	6.111)	/	2 )
=	8.9	/	5.93
=	1.50

SU Group Holdings (NAS:SUGP) 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.

SU Group Holdings'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
	=	5.93	/	8.9	*	365 / 2
	=	121.60

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.

SU Group Holdings'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 )
	=	5.93	/	11.593
	=	0.51

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.

SU Group Holdings Inventory Turnover Related Terms

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SU Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SU Group Holdings Ltd (NAS:SUGP) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 71 Hung To Road, 7th Floor, The Rays, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.sugroup.com.hk

SU Group Holdings Ltd and its subsidiaries is an integrated security-related services company. The company has two reportable segments: security-related engineering services, and security guarding and screening services and related vocational training services. The company generates the majority of its revenue from the security-related engineering services segment. Geographically operates in Hong Kong, and Other foreign countries, with maximum revenue from Kong Kong.