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SRRE (Sunrise Real Estate Group) Total Inventories : $82.18 Mil (As of Sep. 2024)


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What is Sunrise Real Estate Group Total Inventories?

Sunrise Real Estate Group's total inventories for the quarter that ended in Sep. 2024 was $82.18 Mil. Sunrise Real Estate Group's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $82.84 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sunrise Real Estate Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $0.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sunrise Real Estate Group's Days Inventory for the three months ended in Sep. 2024 was 1,324.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sunrise Real Estate Group's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.07.

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. Sunrise Real Estate Group's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 11.47.


Sunrise Real Estate Group Total Inventories Historical Data

The historical data trend for Sunrise Real Estate Group's Total Inventories 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.

* Premium members only.

Sunrise Real Estate Group Total Inventories Chart

Sunrise Real Estate Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.91 166.24 178.69 120.30 88.74

Sunrise Real Estate Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 115.54 88.74 88.99 83.50 82.18

Sunrise Real Estate Group Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Sunrise Real Estate Group  (OTCPK:SRRE) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Sunrise Real Estate Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(43.182+0.75 * 0.254+0.5 * 82.177-83.779
-0--4.421)/68.692
=0.07

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Sunrise Real Estate Group's Days Inventory for the three 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
=82.84/5.706*365 / 4
=1,324.77

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Sunrise Real Estate Group's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=5.706 / 82.84
=0.07

4. 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.

Sunrise Real Estate Group'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 )
=82.84 / 7.222
=11.47

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Sunrise Real Estate Group Total Inventories Related Terms

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Sunrise Real Estate Group Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Panlong Road, Shanghai, CHN, 201702
Sunrise Real Estate Group Inc is engaged in the provision of real estate development and property brokerage services. The provided services include real estate marketing services, property leasing services, and property management services in the People's Republic of China. The operating segments of the company are Property brokerage services, Real estate development, Investment transaction, and Others. It generates maximum revenue from the Real estate development segment.
Executives
Ace Develop Properties Limited 10 percent owner, other: President and CEO P.O. BOX 957, OFFSHORE INCORPORATED CENTER ROAD TOWN, TORTOLA D8 XXXXX
Chao Chin Lin director, 10 percent owner, officer: Senior Vice President FLOOR 7, NO. 333, ZHAOJIABANG ROAD, SHANGHAI F4 200032
Robert Lin Investment Inc 10 percent owner NO 333 FLOOR 7, ZHAOJIABANG ROAD, SHANGHAI F4 20032
Wen Yan Wang officer: Chief Financial Officer SUITE 701 NO 333, ZHAOJIABANG ROAD, SHANGHAI F4 200032
Chi Jung Lin officer: CHIEF EXECUTIVE OFFICER FLOOR 7, NO. 333, ZHAOJIABANG ROAD, SHANGHAI F4 200032
Hsin Hung Lin director SUITE 701, NO. 333, ZHAOJIABANG ROAD, SHANGHAI F4 200032
Xi Zhang director 240 BEIJING E. ROAD, SHANGHAI F4 200002
Ardavazt Honanyan officer: Chief Financial Officer SUITE 701, 333 ZHAOJIABANG RD., SHAGHAI F4 200032
Ren Chen director 27/F GANGTAI PLAZA, NO. 700, YANAN E. ROAD, SHANGHAI F4 200001
Xuan Jie Fu director FLOOR 5, JIN YAN BUILDING, NO. 8, ZHONGSHAN E. NO. 2 ROAD, SHANGHAI F4 200002
Xiao Gang Li director NO. 7, LANE 622, HUAI HAI M. ROAD, SHANGHAI F4 200020
Yarek Bartosz director, 10 percent owner, officer: President 9521 21ST ST SE, CALGARY ALBERTA CANA A0 999999999
Olympus Investment Corp 10 percent owner 11F NO 249 SECTION 1, FUSHING SOUTH ROAD, TAIPEI F5 000000

Sunrise Real Estate Group Headlines

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