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Great China Holdings (Hong Kong) (HKSE:00021) Days Inventory : 58,209.10 (As of Dec. 2023)


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What is Great China Holdings (Hong Kong) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Great China Holdings (Hong Kong)'s Average Total Inventories for the six months ended in Dec. 2023 was HK$786.22 Mil. Great China Holdings (Hong Kong)'s Cost of Goods Sold for the six months ended in Dec. 2023 was HK$2.47 Mil. Hence, Great China Holdings (Hong Kong)'s Days Inventory for the six months ended in Dec. 2023 was 58,209.10.

The historical rank and industry rank for Great China Holdings (Hong Kong)'s Days Inventory or its related term are showing as below:

HKSE:00021' s Days Inventory Range Over the Past 10 Years
Min: 4523.34   Med: 14734.76   Max: 61040.05
Current: 19998.07

During the past 13 years, Great China Holdings (Hong Kong)'s highest Days Inventory was 61040.05. The lowest was 4523.34. And the median was 14734.76.

HKSE:00021's Days Inventory is ranked worse than
98.12% of 1327 companies
in the Real Estate industry
Industry Median: 697.68 vs HKSE:00021: 19998.07

Great China Holdings (Hong Kong)'s Days Inventory increased from Dec. 2022 (37,220.74) to Dec. 2023 (58,209.10). It might indicate that Great China Holdings (Hong Kong)'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Great China Holdings (Hong Kong)'s Inventory Turnover for the six months ended in Dec. 2023 was 0.00.

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. Great China Holdings (Hong Kong)'s Inventory-to-Revenue for the six months ended in Dec. 2023 was 153.62.


Great China Holdings (Hong Kong) Days Inventory Historical Data

The historical data trend for Great China Holdings (Hong Kong)'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.

Great China Holdings (Hong Kong) Days Inventory Chart

Great China Holdings (Hong Kong) 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 14,734.76 8,589.73 61,040.05 37,867.07 20,307.18

Great China Holdings (Hong Kong) 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 60,171.24 37,798.06 37,220.74 11,957.98 58,209.10

Competitive Comparison of Great China Holdings (Hong Kong)'s Days Inventory

For the Real Estate Services subindustry, Great China Holdings (Hong Kong)'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.


Great China Holdings (Hong Kong)'s Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Great China Holdings (Hong Kong)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Great China Holdings (Hong Kong)'s Days Inventory falls into.



Great China Holdings (Hong Kong) Days Inventory Calculation

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

Great China Holdings (Hong Kong)'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
=( (803.985 + 804.789) / 2 ) / 14.458*365
=804.387 / 14.458*365
=20,307.18

Great China Holdings (Hong Kong)'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
=( (767.654 + 804.789) / 2 ) / 2.465*365 / 2
=786.2215 / 2.465*365 / 2
=58,209.10

* 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.


Great China Holdings (Hong Kong)  (HKSE:00021) 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.

Great China Holdings (Hong Kong)'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.

Great China Holdings (Hong Kong)'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.


Great China Holdings (Hong Kong) Days Inventory Related Terms

Thank you for viewing the detailed overview of Great China Holdings (Hong Kong)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Great China Holdings (Hong Kong) (HKSE:00021) Business Description

Traded in Other Exchanges
N/A
Address
Central Plaza, 18 Harbour Road, Suite 6403A-4, 64th Floor, Wanchai, Hong Kong, HKG
Great China Holdings (Hong Kong) Ltd formerly Great China Properties Holdings Ltd is engaged in real estate development and management. It projects of the company include the gold coast project, the tanghai county project, the daya bay project, the jin bao cheng project, the hong hai bay project, and the Heqing project. It has a single reportable segment based on the location of the operations, which is a property development and investment located in the PRC. The firm generates its revenue from the sale and management of properties.

Great China Holdings (Hong Kong) (HKSE:00021) Headlines

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