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Sunshine 100 China Holdings (HKSE:02608) Days Inventory : 7,420.94 (As of Dec. 2023)


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What is Sunshine 100 China Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sunshine 100 China Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$31,142 Mil. Sunshine 100 China Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$766 Mil. Hence, Sunshine 100 China Holdings's Days Inventory for the six months ended in Dec. 2023 was 7,420.94.

The historical rank and industry rank for Sunshine 100 China Holdings's Days Inventory or its related term are showing as below:

HKSE:02608' s Days Inventory Range Over the Past 10 Years
Min: 1207.99   Med: 1939.79   Max: 6131.5
Current: 6129.14

During the past 12 years, Sunshine 100 China Holdings's highest Days Inventory was 6131.50. The lowest was 1207.99. And the median was 1939.79.

HKSE:02608's Days Inventory is ranked worse than
93.22% of 1328 companies
in the Real Estate industry
Industry Median: 699.495 vs HKSE:02608: 6129.14

Sunshine 100 China Holdings's Days Inventory increased from Dec. 2022 (6,229.76) to Dec. 2023 (7,420.94). It might indicate that Sunshine 100 China Holdings'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. Sunshine 100 China Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 0.02.

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. Sunshine 100 China Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 29.50.


Sunshine 100 China Holdings Days Inventory Historical Data

The historical data trend for Sunshine 100 China 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.

Sunshine 100 China Holdings Days Inventory Chart

Sunshine 100 China Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,887.81 2,593.79 2,456.04 6,049.77 6,131.50

Sunshine 100 China Holdings 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 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 3,037.82 5,941.40 6,229.76 5,228.58 7,420.94

Competitive Comparison of Sunshine 100 China Holdings's Days Inventory

For the Real Estate - Development subindustry, Sunshine 100 China 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.


Sunshine 100 China Holdings's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunshine 100 China Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sunshine 100 China Holdings's Days Inventory falls into.



Sunshine 100 China Holdings Days Inventory Calculation

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

Sunshine 100 China 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
=( (31763.645 + 30958.755) / 2 ) / 1866.891*365
=31361.2 / 1866.891*365
=6,131.50

Sunshine 100 China 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
=( (31325.017 + 30958.755) / 2 ) / 765.859*365 / 2
=31141.886 / 765.859*365 / 2
=7,420.94

* 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.


Sunshine 100 China Holdings  (HKSE:02608) 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.

Sunshine 100 China 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.

Sunshine 100 China Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=31141.886 / 1055.563
=29.50

* 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.


Sunshine 100 China Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of Sunshine 100 China Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Sunshine 100 China Holdings (HKSE:02608) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Guang Hua Road, 12th Floor, Tower D, Beijing, CHN, 100026
Sunshine 100 China Holdings Ltd engages in property and land development, property investment, and property management & hotel operation in China. The group generates revenue through property sales, property management and hotel operation income, and rental income. The property and land development business earns sales from residential and commercial properties and constructs projects in multiple Chinese cities. A majority of the company's revenue is derived from the mixed-use business complexes segment. Nearly all the company's revenue comes from its customers in the People's Republic of China.
Executives
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Tian Feng 2401 A concert party to an agreement to buy shares
Li Mingqiang 2401 A concert party to an agreement to buy shares
Jin Xiangfei 2401 A concert party to an agreement to buy shares
Liu Chaohui 2401 A concert party to an agreement to buy shares
Yi Xiaodi 2307 Founder of a discretionary trust who can infl
Fan Xiaohua 2307 Founder of a discretionary trust who can infl
Fan Xiaochong 2307 Founder of a discretionary trust who can infl
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Qian Tiwei 2201 Interest of corporation controlled by you

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