Sheen Tai Holdings Group Co (HKSE:01335) Days Inventory : 4.68 (As of Dec. 2023)

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What is Sheen Tai Holdings Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sheen Tai Holdings Group Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$4.6 Mil. Sheen Tai Holdings Group Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$177.5 Mil. Hence, Sheen Tai Holdings Group Co's Days Inventory for the six months ended in Dec. 2023 was 4.68.

The historical rank and industry rank for Sheen Tai Holdings Group Co's Days Inventory or its related term are showing as below:

HKSE:01335' s Days Inventory Range Over the Past 10 Years
Min: 4.48 Med: 155.87 Max: 761.45
Current: 4.48

During the past 13 years, Sheen Tai Holdings Group Co's highest Days Inventory was 761.45. The lowest was 4.48. And the median was 155.87.

HKSE:01335's Days Inventory is ranked better than
90.18% of 326 companies
in the Utilities - Independent Power Producers industry
Industry Median: 30.485 vs HKSE:01335: 4.48

Sheen Tai Holdings Group Co's Days Inventory declined from Dec. 2022 (6.05) to Dec. 2023 (4.68).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sheen Tai Holdings Group Co's Inventory Turnover for the six months ended in Dec. 2023 was 38.99.

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. Sheen Tai Holdings Group Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.02.

Sheen Tai Holdings Group Co Days Inventory Historical Data

The historical data trend for Sheen Tai Holdings Group 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.

Sheen Tai Holdings Group Co Days Inventory Chart

Sheen Tai Holdings Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

761.45

356.09

84.16

7.31

4.63

Sheen Tai Holdings Group Co 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															216.91	9.80	6.05	4.17	4.68

Competitive Comparison of Sheen Tai Holdings Group Co's Days Inventory

For the Utilities - Renewable subindustry, Sheen Tai Holdings Group 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.

Sheen Tai Holdings Group Co's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Sheen Tai Holdings Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sheen Tai Holdings Group Co's Days Inventory falls into.

Sheen Tai Holdings Group Co Days Inventory Calculation

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

Sheen Tai Holdings Group 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
=	( (5.107	+	4.692)	/	2 )	/	386.02	*	365
=	4.8995					/	386.02	*	365
=	4.63

Sheen Tai Holdings Group Co'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
=	( (4.414	+	4.692)	/	2 )	/	177.518	*	365 / 2
=	4.553					/	177.518	*	365 / 2
=	4.68

Sheen Tai Holdings Group Co (HKSE:01335) 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.

Sheen Tai Holdings Group Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	177.518	/	4.553
	=	38.99

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.

Sheen Tai Holdings Group Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.553	/	196.97
	=	0.02

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.

Sheen Tai Holdings Group Co Days Inventory Related Terms

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

Sheen Tai Holdings Group Co (HKSE:01335) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Sheen Tai Holdings Group Co Ltd (HKSE:01335) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

No. 18 Fenwick Street, Unit 1903, 19th Floor, Jubilee Centre, Wan Chai, Hong Kong, HKG

Website

http://www.sheentai.com

Sheen Tai Holdings Group Co Ltd is an investment holding company. The company operates through four segments namely Sales of sub-processing cigarette films segment engages in trading of sub-processing cigarette films; the Properties development and related services segment engages in the development and sales of properties and providing property management services; the Generation of photovoltaic power segment engages in generating and sales of electricity; and Sales of semi-conductors engages in trading of semi-conductors. It derives a majority of its revenue from the sales of the semi-conductors segment.

Sheen Tai Holdings Group Co (HKSE:01335) Headlines

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