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Sunac Services Holdings (HKSE:01516) Days Inventory : 3.47 (As of Dec. 2023)


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What is Sunac Services Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sunac Services Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$58 Mil. Sunac Services Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3,055 Mil. Hence, Sunac Services Holdings's Days Inventory for the six months ended in Dec. 2023 was 3.47.

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

HKSE:01516' s Days Inventory Range Over the Past 10 Years
Min: 3.29   Med: 6.44   Max: 11.25
Current: 3.7

During the past 7 years, Sunac Services Holdings's highest Days Inventory was 11.25. The lowest was 3.29. And the median was 6.44.

HKSE:01516's Days Inventory is ranked better than
94.21% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs HKSE:01516: 3.70

Sunac Services Holdings's Days Inventory declined from Dec. 2022 (4.04) to Dec. 2023 (3.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sunac Services Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 52.64.

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. Sunac Services Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.


Sunac Services Holdings Days Inventory Historical Data

The historical data trend for Sunac Services 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.

* Premium members only.

Sunac Services Holdings Days Inventory Chart

Sunac Services Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 11.25 6.44 3.29 3.93 3.79

Sunac Services Holdings Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.01 3.83 4.04 3.87 3.47

Competitive Comparison of Sunac Services Holdings's Days Inventory

For the Real Estate Services subindustry, Sunac Services 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.


Sunac Services Holdings's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunac Services Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sunac Services Holdings's Days Inventory falls into.



Sunac Services Holdings Days Inventory Calculation

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

Sunac Services Holdings'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
=( (61.781 + 59.655) / 2 ) / 5842.592*365
=60.718 / 5842.592*365
=3.79

Sunac Services Holdings'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
=( (56.419 + 59.655) / 2 ) / 3055.047*365 / 2
=58.037 / 3055.047*365 / 2
=3.47

* 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.


Sunac Services Holdings  (HKSE:01516) 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.

Sunac Services Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

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.

Sunac Services Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

* 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

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.


Sunac Services Holdings Days Inventory Related Terms

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


Sunac Services Holdings (HKSE:01516) Business Description

Traded in Other Exchanges
Address
Hongqi Road, Block O1A, 25th Floor, Sunac Center, Nankai District, Tianjin, CHN, 300381
Sunac Services Holdings Ltd is engaged in the provision of property management services, value-added services to non-property owners, community living services and commercial operational services in the PRC.
Executives
Sun Hongbin 2307 Founder of a discretionary trust who can infl
Sunac Holdings Llc 2201 Interest of corporation controlled by you
Sunac International Investment Holdings Ltd 2201 Interest of corporation controlled by you
Sunac China Holdings Limited 2201 Interest of corporation controlled by you
Sunac Services Investment Limited 2101 Beneficial owner
Gai Gong Si Wei Sun Hong Bin Xian Sheng Jia Zu Xin Tuo De Shou Tuo Ren 2201 Interest of corporation controlled by you
Sunac Shine (ptc) Limited 2301 Trustee
Morgan Stanley International Holdings Inc. 2201 Interest of corporation controlled by you
Morgan Stanley International Limited 2201 Interest of corporation controlled by you
Morgan Stanley Investments (uk) 2201 Interest of corporation controlled by you
Morgan Stanley & Co. International Plc 2105 Underwriter

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