China Electronics Optics Valley Union Holding Co (HKSE:00798) Days Inventory : 606.55 (As of Dec. 2023)

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What is China Electronics Optics Valley Union Holding Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Electronics Optics Valley Union Holding Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$7,403 Mil. China Electronics Optics Valley Union Holding Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$2,227 Mil. Hence, China Electronics Optics Valley Union Holding Co's Days Inventory for the six months ended in Dec. 2023 was 606.55.

The historical rank and industry rank for China Electronics Optics Valley Union Holding Co's Days Inventory or its related term are showing as below:

HKSE:00798' s Days Inventory Range Over the Past 10 Years
Min: 641.3 Med: 920.86 Max: 1388.34
Current: 675.75

During the past 11 years, China Electronics Optics Valley Union Holding Co's highest Days Inventory was 1388.34. The lowest was 641.30. And the median was 920.86.

HKSE:00798's Days Inventory is ranked better than
51.02% of 1327 companies
in the Real Estate industry
Industry Median: 699.45 vs HKSE:00798: 675.75

China Electronics Optics Valley Union Holding Co's Days Inventory increased from Dec. 2022 (467.23) to Dec. 2023 (606.55). It might indicate that China Electronics Optics Valley Union Holding Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Electronics Optics Valley Union Holding Co's Inventory Turnover for the six months ended in Dec. 2023 was 0.30.

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. China Electronics Optics Valley Union Holding Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 2.24.

China Electronics Optics Valley Union Holding Co Days Inventory Historical Data

The historical data trend for China Electronics Optics Valley Union Holding 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.

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China Electronics Optics Valley Union Holding Co Days Inventory Chart

China Electronics Optics Valley Union Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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838.53

982.72

710.01

645.53

641.30

China Electronics Optics Valley Union Holding 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															572.84	1,202.02	467.23	801.16	606.55

Competitive Comparison of China Electronics Optics Valley Union Holding Co's Days Inventory

For the Real Estate Services subindustry, China Electronics Optics Valley Union Holding 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.

China Electronics Optics Valley Union Holding Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Electronics Optics Valley Union Holding Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Electronics Optics Valley Union Holding Co's Days Inventory falls into.

China Electronics Optics Valley Union Holding Co Days Inventory Calculation

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

China Electronics Optics Valley Union Holding 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
=	( (7447.98	+	6631.552)	/	2 )	/	4006.698	*	365
=	7039.766					/	4006.698	*	365
=	641.30

China Electronics Optics Valley Union Holding 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
=	( (8174.076	+	6631.552)	/	2 )	/	2227.384	*	365 / 2
=	7402.814					/	2227.384	*	365 / 2
=	606.55

China Electronics Optics Valley Union Holding Co (HKSE:00798) 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.

China Electronics Optics Valley Union Holding Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2227.384	/	7402.814
	=	0.30

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.

China Electronics Optics Valley Union Holding Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7402.814	/	3300.182
	=	2.24

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.

China Electronics Optics Valley Union Holding Co Days Inventory Related Terms

Thank you for viewing the detailed overview of China Electronics Optics Valley Union Holding Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

China Electronics Optics Valley Union Holding Co (HKSE:00798) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Electronics Optics Valley Union Holding Co Ltd (HKSE:00798) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

16 Ye Zhi Hu West Road, Building No. 1, Higher Level, Creative Capital, Hongshan District, Hubei, Wuhan, CHN

Website

http://www.ceovu.com

China Electronics Optics Valley Union Holding Co Ltd is an investment holding company engaged in the development of properties. The segments are Industrial Park development services; industrial park operation services including design and construction services, property management services, leasing services, energy services, digital park (apartment) services, incubator and office sharing services, industrial park financial services as well as group catering and hotel services; and industrial investment this segment represents industrial-related industry investment businesses in various theme parks. The group's operations are located in Mainland China.

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