GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sino Splendid Holdings Ltd (HKSE:08006) » Definitions » Days Inventory

Sino Splendid Holdings (HKSE:08006) Days Inventory : 16.52 (As of Sep. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Sino Splendid Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sino Splendid Holdings's Average Total Inventories for the three months ended in Sep. 2023 was HK$1.83 Mil. Sino Splendid Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$10.10 Mil. Hence, Sino Splendid Holdings's Days Inventory for the three months ended in Sep. 2023 was 16.52.

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

HKSE:08006' s Days Inventory Range Over the Past 10 Years
Min: 7.91   Med: 9.34   Max: 18.79
Current: 18.79

During the past 13 years, Sino Splendid Holdings's highest Days Inventory was 18.79. The lowest was 7.91. And the median was 9.34.

HKSE:08006's Days Inventory is ranked better than
56.25% of 656 companies
in the Media - Diversified industry
Industry Median: 25.75 vs HKSE:08006: 18.79

Sino Splendid Holdings's Days Inventory increased from Sep. 2022 (13.28) to Sep. 2023 (16.52). It might indicate that Sino Splendid Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sino Splendid Holdings's Inventory Turnover for the three months ended in Sep. 2023 was 5.53.

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. Sino Splendid Holdings's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.14.


Sino Splendid Holdings Days Inventory Historical Data

The historical data trend for Sino Splendid 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.

Sino Splendid Holdings Days Inventory Chart

Sino Splendid 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 - - 7.91 10.76 18.79

Sino Splendid Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 13.27 28.47 27.33 16.52 -

Competitive Comparison of Sino Splendid Holdings's Days Inventory

For the Publishing subindustry, Sino Splendid 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.


Sino Splendid Holdings's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sino Splendid Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sino Splendid Holdings's Days Inventory falls into.



Sino Splendid Holdings Days Inventory Calculation

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

Sino Splendid Holdings's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.791 + 1.828) / 2 ) / 44.437*365
=1.3095 / 44.437*365
=10.76

Sino Splendid 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: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (1.828 + 0) / 1 ) / 10.1*365 / 4
=1.828 / 10.1*365 / 4
=16.52

* 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.


Sino Splendid Holdings  (HKSE:08006) 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.

Sino Splendid Holdings's Inventory Turnover for the three months ended in Sep. 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.

Sino Splendid Holdings's Inventory to Revenue for the three months ended in Sep. 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.


Sino Splendid Holdings Days Inventory Related Terms

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


Sino Splendid Holdings (HKSE:08006) Business Description

Traded in Other Exchanges
N/A
Address
18 Queen’s Road Central, New World Tower, Unit 2302, 23rd Floor, Sheung Wan, Hong Kong, HKG
Sino Splendid Holdings Ltd is an investment holding company. The group is principally engaged in travel media operations with the provision of advertising services through internet and travel magazines, event organizing services, and magazine publication; provision of contents and advertising services in a financial magazine distributed in the People's Republic of China and investment in securities and money lending. The company operates in five segments namely travel media business; financial magazine business; securities investment; money lending; and virtual reality. It derives revenue from travel media business that provides advertising services through the internet and travel magazines, event organizing services, and magazine publication.

Sino Splendid Holdings (HKSE:08006) Headlines

No Headlines