Shengfeng Development (Shengfeng Development) Days Inventory : 0.00 (As of Dec. 2023)

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What is Shengfeng Development Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shengfeng Development's Average Total Inventories for the six months ended in Dec. 2023 was $0.0 Mil. Shengfeng Development's Cost of Goods Sold for the six months ended in Dec. 2023 was $195.4 Mil. Hence, Shengfeng Development's Days Inventory for the six months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Shengfeng Development's Days Inventory or its related term are showing as below:

During the past 4 years, Shengfeng Development's highest Days Inventory was 1.32. The lowest was 1.09. And the median was 1.21.

SFWL's Days Inventory is not ranked ^*
in the Transportation industry.
Industry Median: 11.44
* Ranked among companies with meaningful Days Inventory only.

Shengfeng Development's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Shengfeng Development's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Shengfeng Development Days Inventory Historical Data

The historical data trend for Shengfeng Development'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.

Shengfeng Development Days Inventory Chart

Shengfeng Development Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

1.32

1.09

Shengfeng Development Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Shengfeng Development's Days Inventory

For the Integrated Freight & Logistics subindustry, Shengfeng Development'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.

Shengfeng Development's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shengfeng Development's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shengfeng Development's Days Inventory falls into.

Shengfeng Development Days Inventory Calculation

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

Shengfeng Development'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
=	( (0	+	0)	/	1 )	/	357.615	*	365
=	0					/	357.615	*	365
=	0.00

Shengfeng Development'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
=	( (0	+	0)	/	1 )	/	195.42	*	365 / 2
=	0					/	195.42	*	365 / 2
=	0.00

Shengfeng Development (NAS:SFWL) 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.

Shengfeng Development's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	195.42	/	0
	=

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.

Shengfeng Development's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	219.15
	=	0.00

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.

Shengfeng Development Days Inventory Related Terms

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

Shengfeng Development (Shengfeng Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shengfeng Development Ltd (NAS:SFWL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 478 Fuxin East Road, Shengfeng Building, Jinan District,, Fuzhou City, CHN, 350001

Website

http://www.sfwl.com.cn

Shengfeng Development Ltd is a holding company. The firm through its subsidiaries engages in cargo warehousing, road transportation, and urban distribution. It offers contract logistics services comprising planning and designing supply chains, designing facilities, processing orders, collecting payments, managing inventories, and providing client services. Its integrated logistics solution services are comprised of three segments: B2B freight transportation; cloud storage; and value-added services.

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