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Shimao Group Holdings (HKSE:00813) Days Inventory : 2,000.76 (As of Dec. 2023)


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What is Shimao Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shimao Group Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$315,925 Mil. Shimao Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$28,817 Mil. Hence, Shimao Group Holdings's Days Inventory for the six months ended in Dec. 2023 was 2,000.76.

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

HKSE:00813' s Days Inventory Range Over the Past 10 Years
Min: 710.02   Med: 1026.45   Max: 2174.44
Current: 2059.6

During the past 13 years, Shimao Group Holdings's highest Days Inventory was 2174.44. The lowest was 710.02. And the median was 1026.45.

HKSE:00813's Days Inventory is ranked worse than
79.85% of 1330 companies
in the Real Estate industry
Industry Median: 699.495 vs HKSE:00813: 2059.60

Shimao Group Holdings's Days Inventory declined from Dec. 2022 (2,236.78) to Dec. 2023 (2,000.76).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shimao Group Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 0.09.

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. Shimao Group Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 9.94.


Shimao Group Holdings Days Inventory Historical Data

The historical data trend for Shimao Group Holdings'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.

Shimao Group Holdings Days Inventory Chart

Shimao Group Holdings 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 1,016.83 1,018.26 1,104.71 2,174.44 2,064.31

Shimao Group Holdings 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 1,124.48 2,021.62 2,236.78 2,111.83 2,000.76

Competitive Comparison of Shimao Group Holdings's Days Inventory

For the Real Estate - Development subindustry, Shimao Group Holdings'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.


Shimao Group Holdings's Days Inventory Distribution in the Real Estate Industry

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

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



Shimao Group Holdings Days Inventory Calculation

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

Shimao Group Holdings'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
=( (360886.837 + 302449.782) / 2 ) / 58643.836*365
=331668.3095 / 58643.836*365
=2,064.31

Shimao Group Holdings'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
=( (329400.967 + 302449.782) / 2 ) / 28817.302*365 / 2
=315925.3745 / 28817.302*365 / 2
=2,000.76

* 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.


Shimao Group Holdings  (HKSE:00813) 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.

Shimao Group Holdings'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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=315925.3745 / 31796.289
=9.94

* 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.


Shimao Group Holdings Days Inventory Related Terms

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


Shimao Group Holdings (HKSE:00813) Business Description

Traded in Other Exchanges
Address
89 Queensway, 1st Floor, Block 38, Hong Kong Lippo Centre, Hong Kong, HKG
Shimao Group Holdings, formerly Shimao Property, is a large real estate developer in China. In addition to property development as the core business, the company plans to raise non-development revenue, which includes property investment, hotels and property management services. Shimao holds residential development projects and hotels, while its 59%-owned Shanghai Shimao holds commercial projects. The two entities collaborate on large mixed-use projects. The free float is about 35%, with the company's founder, Hui Wing Mau, holding the remaining stake.

Shimao Group Holdings (HKSE:00813) Headlines

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