Success Universe Group (HKSE:00487) Days Inventory : 722.76 (As of Dec. 2023)

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What is Success Universe Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Success Universe Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$95.7 Mil. Success Universe Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$24.2 Mil. Hence, Success Universe Group's Days Inventory for the six months ended in Dec. 2023 was 722.76.

The historical rank and industry rank for Success Universe Group's Days Inventory or its related term are showing as below:

HKSE:00487' s Days Inventory Range Over the Past 10 Years
Min: 0.45 Med: 121.53 Max: 417.23
Current: 417.23

During the past 13 years, Success Universe Group's highest Days Inventory was 417.23. The lowest was 0.45. And the median was 121.53.

HKSE:00487's Days Inventory is ranked worse than
93.74% of 671 companies
in the Travel & Leisure industry
Industry Median: 36.02 vs HKSE:00487: 417.23

Success Universe Group's Days Inventory increased from Dec. 2022 (363.53) to Dec. 2023 (722.76). It might indicate that Success Universe Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Success Universe Group's Inventory Turnover for the six months ended in Dec. 2023 was 0.25.

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. Success Universe Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 2.86.

Success Universe Group Days Inventory Historical Data

The historical data trend for Success Universe Group's Days Inventory 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.

Success Universe Group Days Inventory Chart

Success Universe Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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49.99

121.53

285.10

378.00

406.30

Success Universe Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															182.04	412.14	363.53	303.83	722.76

Competitive Comparison of Success Universe Group's Days Inventory

For the Travel Services subindustry, Success Universe Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Success Universe Group's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Success Universe Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Success Universe Group's Days Inventory falls into.

Success Universe Group Days Inventory Calculation

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

Success Universe Group's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (100.6	+	88.9)	/	2 )	/	85.119	*	365
=	94.75					/	85.119	*	365
=	406.30

Success Universe Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (102.4	+	88.9)	/	2 )	/	24.152	*	365 / 2
=	95.65					/	24.152	*	365 / 2
=	722.76

Success Universe Group (HKSE:00487) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Success Universe Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	24.152	/	95.65
	=	0.25

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.

Success Universe Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	95.65	/	33.453
	=	2.86

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Success Universe Group Days Inventory Related Terms

Thank you for viewing the detailed overview of Success Universe Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Success Universe Group (HKSE:00487) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Success Universe Group Ltd (HKSE:00487) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Harcourt Road, Tower 1, Admiralty Centre, Units 1003-04A, 10th Floor, Hong Kong, HKG

Website

http://www.successug.com

Success Universe Group Ltd is a Hong Kong-based investment holding company that is engaged in travel-related and property investment businesses. The travel segment is engaged in the sales of air tickets, tour packages, and other travel-related services, Property investment business receives profit streams from leasing office premises in Hong Kong. It operates the business activity from various locations which includes Hong Kong, Macau, North America, and China. The group generates the majority of its revenue from the Travel segment.

Executives

Silver Rich Macau Development Limited	2101 Beneficial owner
Liu Siu Lam Marian	2202 Interest of your spouse
Yeung Hoi Sing Sonny	2201 Interest of corporation controlled by you

Success Universe Group (HKSE:00487) Headlines

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