Sunway Network (WAR:SNN) Inventory Turnover : 0.75 (As of Dec. 2024)

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What is Sunway Network 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. Sunway Network's Cost of Goods Sold for the three months ended in Dec. 2024 was zł0.05 Mil. Sunway Network's Average Total Inventories for the quarter that ended in Dec. 2024 was zł0.06 Mil. Sunway Network's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sunway Network's Days Inventory for the three months ended in Dec. 2024 was 121.34.

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. Sunway Network's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.05.

Sunway Network Inventory Turnover Historical Data

The historical data trend for Sunway Network'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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Sunway Network Inventory Turnover Chart

Sunway Network Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

1.41

Sunway Network Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial								-	-	-	10.60	0.75

Sunway Network Inventory Turnover Calculation

Sunway Network'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 )
=	0.162	/ (	(0	+	0.115)	/	1 )
=	0.162	/	0.115
=	1.41

Sunway Network'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 )
=	0.047	/ (	(0.01	+	0.115)	/	2 )
=	0.047	/	0.0625
=	0.75

Sunway Network (WAR:SNN) 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.

Sunway Network'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
	=	0.0625	/	0.047	*	365 / 4
	=	121.34

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.

Sunway Network'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 )
	=	0.0625	/	1.165
	=	0.05

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.

Sunway Network Inventory Turnover Related Terms

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Sunway Network Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sunway Network SA (WAR:SNN) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Konstruktorska 11 Street, Warsaw, POL, 02-673

Website

https://www.sunwaynetwork.co

Sunway Network SA leads AR, XR, and tech innovation worldwide. It is a dynamic and forward-thinking company specializing in the realm of Augmented Reality (AR) and Mixed Reality (XR). Its core mission is to pioneer innovative applications that cater specifically to professionals, fundamentally transforming the way they work and communicate.