SG Group Holdings (HKSE:01657) Inventory Turnover : 27.22 (As of Oct. 2023)

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What is SG Group Holdings Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. SG Group Holdings's Cost of Goods Sold for the six months ended in Oct. 2023 was HK$78.5 Mil. SG Group Holdings's Average Total Inventories for the quarter that ended in Oct. 2023 was HK$2.9 Mil. SG Group Holdings's Inventory Turnover for the quarter that ended in Oct. 2023 was 27.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SG Group Holdings's Days Inventory for the six months ended in Oct. 2023 was 6.71.

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. SG Group Holdings's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.03.

SG Group Holdings Inventory Turnover Historical Data

The historical data trend for SG Group Holdings's Inventory Turnover 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.

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SG Group Holdings Inventory Turnover Chart

SG Group Holdings Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Inventory Turnover

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61.65

102.06

48.51

35.62

43.43

SG Group Holdings Semi-Annual Data
	Apr15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Inventory Turnover	Get a 7-Day Free Trial												14.66	19.28	13.31	34.30	27.22

SG Group Holdings Inventory Turnover Calculation

SG Group Holdings's Inventory Turnover for the fiscal year that ended in Apr. 2023 is calculated as

	Inventory Turnover (A: Apr. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Apr. 2023 )	/ (	(Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )
=	130.689	/ (	(4.236	+	1.783)	/	2 )
=	130.689	/	3.0095
=	43.43

SG Group Holdings's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

	Inventory Turnover (Q: Oct. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Oct. 2023 )	/ (	(Total Inventories (Q: Apr. 2023 )	+	Total Inventories (Q: Oct. 2023 ))	/	count )
=	78.482	/ (	(1.783	+	3.984)	/	2 )
=	78.482	/	2.8835
=	27.22

SG Group Holdings (HKSE:01657) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

SG Group Holdings's Days Inventory for the six months ended in Oct. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2023 )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
	=	2.8835	/	78.482	*	365 / 2
	=	6.71

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.

SG Group Holdings's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Oct. 2023 )	/	Revenue (Q: Oct. 2023 )
	=	2.8835	/	85.768
	=	0.03

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

SG Group Holdings Inventory Turnover Related Terms

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SG Group Holdings (HKSE:01657) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » SG Group Holdings Ltd (HKSE:01657) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7 Wah Sing Street, Unit B, 9th Floor, Mai Wah Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG

Website

http://www.jcfash.com

SG Group Holdings Ltd is an investment holding company. The company's operating segment includes Supply of Apparel Products and Consultation Services. The company generates maximum revenue from the Supply of Apparel Products segment which is engaged in the supply of apparel products with designing and sourcing services to fashion retailers. The company earns revenue from Womenswear, Childrenswear, and Menswear products. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in the PRC, Germany, the United States of America, Hong Kong, Ireland, the Middle East, and Other Countries.

Executives

Choi King Ting Charles	2101 Beneficial owner
Jc Fashion International Group Limited	2101 Beneficial owner

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