DreamEast Group (HKSE:00593) Days Inventory : 241,639.94 (As of Jun. 2023)

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What is DreamEast Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). DreamEast Group's Average Total Inventories for the six months ended in Jun. 2023 was HK$3,976.14 Mil. DreamEast Group's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$3.00 Mil. Hence, DreamEast Group's Days Inventory for the six months ended in Jun. 2023 was 241,639.94.

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

HKSE:00593' s Days Inventory Range Over the Past 10 Years
Min: 1150.67 Med: 28996.79 Max: 258979.06
Current: 258979.06

During the past 13 years, DreamEast Group's highest Days Inventory was 258979.06. The lowest was 1150.67. And the median was 28996.79.

HKSE:00593's Days Inventory is not ranked
in the Real Estate industry.
Industry Median: 699.495 vs HKSE:00593: 258979.06

DreamEast Group's Days Inventory increased from Jun. 2022 (194,111.24) to Jun. 2023 (241,639.94). It might indicate that DreamEast Group'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. DreamEast Group's Inventory Turnover for the six months ended in Jun. 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. DreamEast Group's Inventory-to-Revenue for the six months ended in Jun. 2023 was 470.94.

DreamEast Group Days Inventory Historical Data

The historical data trend for DreamEast Group'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.

DreamEast Group Days Inventory Chart

DreamEast Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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10,725.79

17,592.28

154,451.71

38,037.11

236,324.23

DreamEast Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial															22,492.92	121,185.73	194,111.24	287,724.14	241,639.94

Competitive Comparison of DreamEast Group's Days Inventory

For the Real Estate Services subindustry, DreamEast Group'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.

DreamEast Group's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, DreamEast Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where DreamEast Group's Days Inventory falls into.

DreamEast Group Days Inventory Calculation

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

DreamEast Group's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (4268.74	+	4294.614)	/	2 )	/	6.613	*	365
=	4281.677					/	6.613	*	365
=	236,324.23

DreamEast Group's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (4294.614	+	3657.657)	/	2 )	/	3.003	*	365 / 2
=	3976.1355					/	3.003	*	365 / 2
=	241,639.94

DreamEast Group (HKSE:00593) 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.

DreamEast Group's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.003	/	3976.1355
	=	0.00

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.

DreamEast Group's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3976.1355	/	8.443
	=	470.94

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.

DreamEast Group Days Inventory Related Terms

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

DreamEast Group (HKSE:00593) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » DreamEast Group Ltd (HKSE:00593) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Matheson Street, Suite 2901, Tower Two, Times Square, Hong Kong, HKG

Website

http://www.dreameast.com

DreamEast Group Ltd is engaged in tourism resorts and property development business. The company has two reportable segments namely Property development and leasing; and Tourism Park operations. The property development and leasing segment is engaged in property sales and leases to customers in property market. The tourism park operations segment is engaged in operation of theme parks and provision of food and beverage services in the theme parks. It generates maximum revenue from the Property development and leasing segment. Geographically, it derives the majority of revenue from PRC.

DreamEast Group (HKSE:00593) Headlines

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