SUNH (Xuhang Holdings) Inventory Turnover: 45.10 (As of Dec. 2023)


What is Xuhang Holdings Inventory Turnover?

Xuhang Holdings SUNH Inventory Turnover is 45.10 as of Dec. 2023.

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. Xuhang Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $3.68 Mil. Xuhang Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.08 Mil. Xuhang Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 45.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Xuhang Holdings's Days Inventory for the three months ended in Dec. 2023 was 2.02.

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. Xuhang Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Xuhang Holdings  (NAS:SUNH) 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.

Xuhang 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
=0.0815/3.676*365 / 4
=2.02

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.

Xuhang 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 )
=0.0815 / 9.183
=0.01

* 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.

Xuhang Holdings Inventory Turnover Related Terms

Xuhang Holdings Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Xuhang 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.

Xuhang Holdings Inventory Turnover Chart

Xuhang Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory Turnover
0.00 180.46 177.84 264.24

Xuhang Holdings Quarterly Data
Dec20 Dec21 Sep22 Dec22 Sep23 Dec23
Inventory Turnover Get a 7-Day Free Trial 62.34 0.00 53.21 0.00 45.10

Xuhang Holdings Inventory Turnover Calculation

Xuhang 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 )
=36.994 / ((0.2 + 0.08) / 2 )
=36.994 / 0.14
=264.24

Xuhang 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 )
=3.676 / ((0.083 + 0.08) / 2 )
=3.676 / 0.0815
=45.10

* 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 45.10 mean?
Xuhang Holdings (SUNH) has a Inventory Turnover of 45.10 as of Dec. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Xuhang Holdings and its competitors.
Is Xuhang Holdings' Inventory Turnover too high?
Xuhang Holdings' current Inventory Turnover is 45.10.
How does Xuhang Holdings' Inventory Turnover compare to ?
Xuhang Holdings' Inventory Turnover of 45.10 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Inventory Turnover depends on the Media - Diversified 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 Xuhang Holdings and its competitors. Xuhang Holdings's current Inventory Turnover is 45.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xuhang Holdings stock overvalued right now?
Xuhang Holdings (SUNH) has a current Inventory Turnover of 45.10. The current Inventory Turnover is 45.10. 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 Xuhang Holdings (SUNH), the current Inventory Turnover is 45.10 as of Dec. 2023. 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.

Xuhang Holdings Business Description

Comparable Companies
Address 198 Shenban Road, Building 2, Shangtanghe 198 Cultural and Creative Park, Gongshu District, Zhejiang Province, Hangzhou, CHN, 310000
Xuhang Holdings Ltd is principally engaged in new media-integrated content marketing services and digital advertising services through its subsidiaries. It offers services such as creative marketing services, online-offline-linkage marketing activity services, live-streaming services and digital product services. Also, Xuhang provides online traffic services to large internet media platforms by generating or directing user traffic to those media platforms through editing and producing captivating short videos.