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Sun Art Retail Group (Sun Art Retail Group) Total Inventories : $1,194 Mil (As of Sep. 2023)


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What is Sun Art Retail Group Total Inventories?

Sun Art Retail Group's total inventories for the quarter that ended in Sep. 2023 was $1,194 Mil. Sun Art Retail Group's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was $1,212 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sun Art Retail Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sun Art Retail Group's Days Inventory for the six months ended in Sep. 2023 was 60.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sun Art Retail Group's Inventory Turnover for the quarter that ended in Sep. 2023 was 3.04.

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. Sun Art Retail Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.25.


Sun Art Retail Group Total Inventories Historical Data

The historical data trend for Sun Art Retail 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.

Sun Art Retail Group Total Inventories Chart

Sun Art Retail Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Mar22 Mar23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,153.89 2,101.78 2,527.05 1,532.48 1,229.74

Sun Art Retail Group Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep21 Mar22 Sep22 Mar23 Sep23
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 1,551.51 1,532.48 1,357.79 1,229.74 1,194.32

Sun Art Retail 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.


Sun Art Retail Group  (OTCPK:SURRF) 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.

Sun Art Retail Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2853.287+0.75 * 315.707+0.5 * 1194.316-5733.156
-0-88.382)/9539.71
=-0.22

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

Sun Art Retail Group's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=1212.027/3683.114*365 / 2
=60.06

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

Sun Art Retail Group's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=3683.114 / 1212.027
=3.04

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.

Sun Art Retail Group's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=1212.027 / 4901.136
=0.25

* 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.


Sun Art Retail Group Total Inventories Related Terms

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Sun Art Retail Group (Sun Art Retail Group) Business Description

Traded in Other Exchanges
Address
183 Queen’s Road East, Level 54, Hopewell Centre, Hong Kong, HKG
Sun Art Retail Group Ltd is a hypermarket operator in China. As of 2019, the company had 491 hypermarket complexes under two banners: Auchan and RT-Mart, with a total gross floor area of 13.68 million square meters. Sun Art operates its business with hypermarkets, superstores, and mini stores under RT-Super and RT-Mini.

Sun Art Retail Group (Sun Art Retail Group) Headlines

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