Sunty Development Co (TPE:3266) Inventory Turnover : 0.19 (As of Dec. 2024)

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What is Sunty Development Co 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. Sunty Development Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$1,812 Mil. Sunty Development Co's Average Total Inventories for the quarter that ended in Dec. 2024 was NT$9,434 Mil. Sunty Development Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sunty Development Co's Days Inventory for the three months ended in Dec. 2024 was 474.96.

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. Sunty Development Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 3.35.

Sunty Development Co Inventory Turnover Historical Data

The historical data trend for Sunty Development Co'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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Sunty Development Co Inventory Turnover Chart

Sunty Development Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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0.35

0.09

0.23

0.29

0.35

Sunty Development Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.12	0.09	0.02	0.04	0.19

Sunty Development Co Inventory Turnover Calculation

Sunty Development Co's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	3208.241	/ (	(9641.873	+	8819.157)	/	2 )
=	3208.241	/	9230.515
=	0.35

Sunty Development Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	1812.467	/ (	(10048.698	+	8819.157)	/	2 )
=	1812.467	/	9433.9275
=	0.19

Sunty Development Co (TPE:3266) 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.

Sunty Development Co's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	9433.9275	/	1812.467	*	365 / 4
	=	474.96

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.

Sunty Development Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	9433.9275	/	2817.188
	=	3.35

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.

Sunty Development Co Inventory Turnover Related Terms

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Sunty Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunty Development Co Ltd (TPE:3266) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Zhongxiao East Road, 11th Floor, No 289, Section 4, Da-an District, Taipei, TWN, 106

Website

https://www.sunty.com.tw

Sunty Development Co Ltd engages in providing construction services. It engages in the development, leasing, and selling of residents and commercial buildings. The company's segments include the Real Estate Transaction Department which consists of commissioning contractors to construct commercial and residential buildings for leasing and sales; and the Construction Department which engages in the business of construction and civil engineering.

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