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Suning Universal Co (SZSE:000718) Days Inventory : 4,136.02 (As of Mar. 2024)


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What is Suning Universal Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Suning Universal Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥8,474 Mil. Suning Universal Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥187 Mil. Hence, Suning Universal Co's Days Inventory for the three months ended in Mar. 2024 was 4,136.02.

The historical rank and industry rank for Suning Universal Co's Days Inventory or its related term are showing as below:

SZSE:000718' s Days Inventory Range Over the Past 10 Years
Min: 1017.13   Med: 2476.97   Max: 4197.22
Current: 3696.79

During the past 13 years, Suning Universal Co's highest Days Inventory was 4197.22. The lowest was 1017.13. And the median was 2476.97.

SZSE:000718's Days Inventory is ranked worse than
88.64% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs SZSE:000718: 3696.79

Suning Universal Co's Days Inventory declined from Mar. 2023 (5,749.08) to Mar. 2024 (4,136.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. Suning Universal Co's Inventory Turnover for the three months ended in Mar. 2024 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. Suning Universal Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 18.63.


Suning Universal Co Days Inventory Historical Data

The historical data trend for Suning Universal Co'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.

Suning Universal Co Days Inventory Chart

Suning Universal Co 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 2,715.76 2,238.18 2,887.90 4,197.22 3,826.36

Suning Universal Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5,749.08 3,654.51 4,703.88 2,838.80 4,136.02

Competitive Comparison of Suning Universal Co's Days Inventory

For the Real Estate - Development subindustry, Suning Universal Co'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.


Suning Universal Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Suning Universal Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Suning Universal Co's Days Inventory falls into.



Suning Universal Co Days Inventory Calculation

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

Suning Universal Co'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
=( (9390.078 + 8510.409) / 2 ) / 853.773*365
=8950.2435 / 853.773*365
=3,826.36

Suning Universal Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (8510.409 + 8436.715) / 2 ) / 186.946*365 / 4
=8473.562 / 186.946*365 / 4
=4,136.02

* 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.


Suning Universal Co  (SZSE:000718) 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.

Suning Universal Co's Inventory Turnover for the three months ended in Mar. 2024 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.

Suning Universal Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


Suning Universal Co Days Inventory Related Terms

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


Suning Universal Co (SZSE:000718) Business Description

Traded in Other Exchanges
N/A
Address
188 Guangzhou Road, Nanjing, CHN
Suning Universal Co Ltd operates in the real estate development industry. The projects of the company include commercial estate which includes tianrun city square and suning beitang project, residential property which include suning venice, suning tianrun city, and suning mingduhui, the hotel which includes suning venice hotel, and building materials.
Executives
Jiang Li Bo Secretary, Director
Liu De Bo Executives
Li Wei Directors, executives
Li Jun Supervisors
Zhang Kang Li Director
Zhang Gui Ping Director
Ma Li Li Supervisors
Jia Sen Executives
Liu Deng Hua Secretary Dong
Wang Yong Gang Executives
Guo Ru Jin Directors, executives
Zhang Jian Guo Supervisors
Qiu Hong Tao Securities Affairs Representative
Gu Jian Hua Director
Cui Zhen Jie Executives

Suning Universal Co (SZSE:000718) Headlines

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