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Wing Tai Properties (FRA:USH) Days Inventory : 18,463.67 (As of Dec. 2023)


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What is Wing Tai Properties Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wing Tai Properties's Average Total Inventories for the six months ended in Dec. 2023 was €450.2 Mil. Wing Tai Properties's Cost of Goods Sold for the six months ended in Dec. 2023 was €4.5 Mil. Hence, Wing Tai Properties's Days Inventory for the six months ended in Dec. 2023 was 18,463.67.

The historical rank and industry rank for Wing Tai Properties's Days Inventory or its related term are showing as below:

FRA:USH' s Days Inventory Range Over the Past 10 Years
Min: 540.74   Med: 3696.75   Max: 6852.75
Current: 6852.75

During the past 13 years, Wing Tai Properties's highest Days Inventory was 6852.75. The lowest was 540.74. And the median was 3696.75.

FRA:USH's Days Inventory is ranked worse than
94.05% of 1328 companies
in the Real Estate industry
Industry Median: 699.495 vs FRA:USH: 6852.75

Wing Tai Properties's Days Inventory increased from Dec. 2022 (318.85) to Dec. 2023 (18,463.67). It might indicate that Wing Tai Properties's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wing Tai Properties's Inventory Turnover for the six months ended in Dec. 2023 was 0.01.

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. Wing Tai Properties's Inventory-to-Revenue for the six months ended in Dec. 2023 was 9.47.


Wing Tai Properties Days Inventory Historical Data

The historical data trend for Wing Tai Properties'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.

Wing Tai Properties Days Inventory Chart

Wing Tai Properties 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 - - - 540.74 6,963.27

Wing Tai Properties 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 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 - - 318.85 4,287.00 18,463.67

Competitive Comparison of Wing Tai Properties's Days Inventory

For the Real Estate - Development subindustry, Wing Tai Properties'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.


Wing Tai Properties's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wing Tai Properties's Days Inventory distribution charts can be found below:

* The bar in red indicates where Wing Tai Properties's Days Inventory falls into.



Wing Tai Properties Days Inventory Calculation

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

Wing Tai Properties'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
=( (453.412 + 450.21) / 2 ) / 23.683*365
=451.811 / 23.683*365
=6,963.27

Wing Tai Properties'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 + 450.21) / 1 ) / 4.45*365 / 2
=450.21 / 4.45*365 / 2
=18,463.67

* 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.


Wing Tai Properties  (FRA:USH) 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.

Wing Tai Properties's Inventory Turnover for the six months ended in Dec. 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.

Wing Tai Properties's Inventory to Revenue for the six months ended in Dec. 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.


Wing Tai Properties Days Inventory Related Terms

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


Wing Tai Properties (FRA:USH) Business Description

Traded in Other Exchanges
Address
Landmark East, 100 How Ming Street, 27th Floor, AIA Kowloon Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Wing Tai Properties Ltd is an investment holding company. The business activity of the group is operated through Property Development, Property Investment & Management, Hospitality Investment & Management, and Other segments. Its investment property portfolio is mainly comprised of commercial, industrial, residential units and serviced apartments, and others. The company's geographical segments are Hong Kong, the United Kingdom, the People's Republic of China, Singapore, and others, of which the majority of its revenue comes from Hong Kong.

Wing Tai Properties (FRA:USH) Headlines

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