SYH (Mountain&Sea Health) Inventory Turnover: 13.39 (As of Jun. 2024)


What is Mountain&Sea Health Inventory Turnover?

Mountain&Sea Health SYH Inventory Turnover is 13.39 as of Jun. 2024.

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. Mountain&Sea Health's Cost of Goods Sold for the six months ended in Jun. 2024 was $2.62 Mil. Mountain&Sea Health's Average Total Inventories for the quarter that ended in Jun. 2024 was $0.20 Mil. Mountain&Sea Health's Inventory Turnover for the quarter that ended in Jun. 2024 was 13.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mountain&Sea Health's Days Inventory for the six months ended in Jun. 2024 was 13.63.

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. Mountain&Sea Health's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.05.

Mountain&Sea Health  (NAS:SYH) 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.

Mountain&Sea Health's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=0.1955/2.617*365 / 2
=13.63

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.

Mountain&Sea Health's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=0.1955 / 4.228
=0.05

* 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.

Mountain&Sea Health Inventory Turnover Related Terms

Mountain&Sea Health Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Mountain&Sea Health'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.

Mountain&Sea Health Inventory Turnover Chart

Mountain&Sea Health Annual Data
Trend Jun22 Jun23 Jun24
Inventory Turnover
33.92 41.57 29.49

Mountain&Sea Health Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Inventory Turnover 0.00 15.93 25.93 32.42 13.39

Mountain&Sea Health Inventory Turnover Calculation

Mountain&Sea Health's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Inventory Turnover (A: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2024 ) / ((Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count )
=5.794 / ((0.099 + 0.294) / 2 )
=5.794 / 0.1965
=29.49

Mountain&Sea Health's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover (Q: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count )
=2.617 / ((0.097 + 0.294) / 2 )
=2.617 / 0.1955
=13.39

* 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 13.39 mean?
Mountain&Sea Health (SYH) has a Inventory Turnover of 13.39 as of Jun. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Mountain&Sea Health and its competitors.
Is Mountain&Sea Health's Inventory Turnover too high?
Mountain&Sea Health's current Inventory Turnover is 13.39.
How does Mountain&Sea Health's Inventory Turnover compare to ?
Mountain&Sea Health's Inventory Turnover of 13.39 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods 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 Mountain&Sea Health and its competitors. Mountain&Sea Health's current Inventory Turnover is 13.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mountain&Sea Health stock overvalued right now?
Mountain&Sea Health (SYH) has a current Inventory Turnover of 13.39. The current Inventory Turnover is 13.39. 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 Mountain&Sea Health (SYH), the current Inventory Turnover is 13.39 as of Jun. 2024. 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.

Mountain&Sea Health Business Description

Comparable Companies
Address No. 413 Gudun Road, 7th Floor, Wenxin Library Building, Xihu District, Zhejiang Province, Hangzhou, CHN, 310012
Mountain&Sea Health Inc is engaged in providing health solutions to the middle-aged and elderly populations, encompassing various health management services, health products, accommodation services and health camps in China. The company business is categorized into five main sections: Health Management Services, Selected Products, Health Foods, Accommodation Services, and Health Camps. Key revenue is generated from Health Foods which includes dietary and supplementary food products designed to meet the specific nutritional needs of the middle-aged and elderly. These products are manufactured and supplied by partners and are available in various offline sales scenarios.