Suga International Holdings (HKSE:00912) Days Inventory : 112.67 (As of Sep. 2023)

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What is Suga International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Suga International Holdings's Average Total Inventories for the six months ended in Sep. 2023 was HK$379 Mil. Suga International Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$613 Mil. Hence, Suga International Holdings's Days Inventory for the six months ended in Sep. 2023 was 112.67.

The historical rank and industry rank for Suga International Holdings's Days Inventory or its related term are showing as below:

HKSE:00912' s Days Inventory Range Over the Past 10 Years
Min: 47.69 Med: 63.56 Max: 129.21
Current: 120.1

During the past 13 years, Suga International Holdings's highest Days Inventory was 129.21. The lowest was 47.69. And the median was 63.56.

HKSE:00912's Days Inventory is ranked worse than
58.57% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs HKSE:00912: 120.10

Suga International Holdings's Days Inventory declined from Sep. 2022 (128.90) to Sep. 2023 (112.67).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Suga International Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 1.62.

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. Suga International Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.53.

Suga International Holdings Days Inventory Historical Data

The historical data trend for Suga International Holdings'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.

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Suga International Holdings Days Inventory Chart

Suga International Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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69.92

71.03

60.80

91.10

129.21

Suga International Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial															77.44	105.70	128.90	131.35	112.67

Competitive Comparison of Suga International Holdings's Days Inventory

For the Consumer Electronics subindustry, Suga International Holdings'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.

Suga International Holdings's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Suga International Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Suga International Holdings's Days Inventory falls into.

Suga International Holdings Days Inventory Calculation

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

Suga International Holdings's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (452.837	+	425.53)	/	2 )	/	1240.604	*	365
=	439.1835					/	1240.604	*	365
=	129.21

Suga International Holdings's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (425.53	+	331.946)	/	2 )	/	613.461	*	365 / 2
=	378.738					/	613.461	*	365 / 2
=	112.67

Suga International Holdings (HKSE:00912) 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.

Suga International Holdings's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	613.461	/	378.738
	=	1.62

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.

Suga International Holdings's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	378.738	/	717.521
	=	0.53

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.

Suga International Holdings Days Inventory Related Terms

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

Suga International Holdings (HKSE:00912) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Suga International Holdings Ltd (HKSE:00912) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

No. 1 Wang Kwong Road, 22nd Floor, Tower B, Billion Centre, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

http://www.suga.com.hk

Suga International Holdings Ltd is an investment holding company. The company is engaged in the research and development, manufacture, and sale of electronic and other products. Its operating segment includes Electronic products and Pet related products. The company generates maximum revenue from the Electronic products segment. It offers Professional audio equipment, an Asset tracker with IoT technology; Telephones for the hearing impaired; Telecommunication products, General household consumer appliances, and Electronic payment products. Geographically, it derives a majority of its revenue from the United States of America and also has a presence in Japan, The People's Republic of China, Taiwan, Australia, Germany, France, the United Kingdom, and other countries.

Executives

Ng Man Cheuk	2101 Beneficial owner
Lee Wai Fun	2101 Beneficial owner
Ng Chi Ho	2101 Beneficial owner
Billion Linkage Limited
Superior View Inc.	2101 Beneficial owner

Suga International Holdings (HKSE:00912) Headlines

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