New Sparkle Roll International Group (HKSE:00970) Days Inventory : 138.43 (As of Sep. 2023)

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What is New Sparkle Roll International Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). New Sparkle Roll International Group's Average Total Inventories for the six months ended in Sep. 2023 was HK$1,153 Mil. New Sparkle Roll International Group's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$1,520 Mil. Hence, New Sparkle Roll International Group's Days Inventory for the six months ended in Sep. 2023 was 138.43.

The historical rank and industry rank for New Sparkle Roll International Group's Days Inventory or its related term are showing as below:

HKSE:00970' s Days Inventory Range Over the Past 10 Years
Min: 76.6 Med: 130.59 Max: 208.52
Current: 136.3

During the past 13 years, New Sparkle Roll International Group's highest Days Inventory was 208.52. The lowest was 76.60. And the median was 130.59.

HKSE:00970's Days Inventory is ranked worse than
80.25% of 1256 companies
in the Vehicles & Parts industry
Industry Median: 81.025 vs HKSE:00970: 136.30

New Sparkle Roll International Group's Days Inventory increased from Sep. 2022 (132.19) to Sep. 2023 (138.43). It might indicate that New Sparkle Roll International Group's sales slowed down.

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. New Sparkle Roll International Group's Inventory Turnover for the six months ended in Sep. 2023 was 1.32.

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. New Sparkle Roll International Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.66.

New Sparkle Roll International Group Days Inventory Historical Data

The historical data trend for New Sparkle Roll International 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.

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New Sparkle Roll International Group Days Inventory Chart

New Sparkle Roll International Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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120.72

122.89

76.60

108.27

138.28

New Sparkle Roll International Group 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															72.77	146.37	132.19	137.25	138.43

Competitive Comparison of New Sparkle Roll International Group's Days Inventory

For the Auto & Truck Dealerships subindustry, New Sparkle Roll International 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.

New Sparkle Roll International Group's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, New Sparkle Roll International Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where New Sparkle Roll International Group's Days Inventory falls into.

New Sparkle Roll International Group Days Inventory Calculation

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

New Sparkle Roll International Group'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
=	( (1361.173	+	1229.761)	/	2 )	/	3419.528	*	365
=	1295.467					/	3419.528	*	365
=	138.28

New Sparkle Roll International Group'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
=	( (1229.761	+	1075.648)	/	2 )	/	1519.674	*	365 / 2
=	1152.7045					/	1519.674	*	365 / 2
=	138.43

New Sparkle Roll International Group (HKSE:00970) 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.

New Sparkle Roll International Group's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1519.674	/	1152.7045
	=	1.32

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.

New Sparkle Roll International Group's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1152.7045	/	1733.707
	=	0.66

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.

New Sparkle Roll International Group Days Inventory Related Terms

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

New Sparkle Roll International Group (HKSE:00970) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » New Sparkle Roll International Group Ltd (HKSE:00970) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Gloucester Road, 23rd Floor, China Huarong Tower, Wanchai, Hong Kong, HKG

Website

http://www.hk970.com

New Sparkle Roll International Group Ltd is an investment holding company. The operating segments of the company include Auto dealerships; Non-auto dealerships; Property management and Others. The company generates maximum revenue from the Auto dealership segment which includes the distribution of branded automobiles, namely Bentley, Lamborghini, and Rolls-Royce, and the provision of related after-sales services. Geographically, the company derives majority of its revenue from Mainland China and Hong Kong and has a presence in Malaysia.

Executives

Qiu Peiyuan	2401 A concert party to an agreement to buy shares
Pro Honor Investment Limited	2401 A concert party to an agreement to buy shares
Qiu Peiyuan	2401 A concert party to an agreement to buy shares
Sze Ching Lau	2101 Beneficial owner
Lam Chi Kin	2401 A concert party to an agreement to buy shares
Tsui Chun Mei	2202 Interest of your spouse
Cha Jung Hoon	2401 A concert party to an agreement to buy shares
Ho Chin Nang	2201 Interest of corporation controlled by you
Ubs Group Ag	2201 Interest of corporation controlled by you
Sparkle Roll Holdings Limited	2101 Beneficial owner
Tam Cho Wai Josephine
Xu Jiaying
Able Honour Holdings Limited

New Sparkle Roll International Group (HKSE:00970) Headlines

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