Jinmao Property Services Co (HKSE:00816) Days Inventory : 0.86 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Jinmao Property Services Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jinmao Property Services Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$5 Mil. Jinmao Property Services Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,052 Mil. Hence, Jinmao Property Services Co's Days Inventory for the six months ended in Dec. 2023 was 0.86.

The historical rank and industry rank for Jinmao Property Services Co's Days Inventory or its related term are showing as below:

HKSE:00816' s Days Inventory Range Over the Past 10 Years
Min: 0.81 Med: 2.17 Max: 5.08
Current: 0.84

During the past 6 years, Jinmao Property Services Co's highest Days Inventory was 5.08. The lowest was 0.81. And the median was 2.17.

HKSE:00816's Days Inventory is ranked better than
97.89% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs HKSE:00816: 0.84

Jinmao Property Services Co's Days Inventory declined from Dec. 2022 (0.87) to Dec. 2023 (0.86).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jinmao Property Services Co's Inventory Turnover for the six months ended in Dec. 2023 was 211.71.

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. Jinmao Property Services Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Jinmao Property Services Co Days Inventory Historical Data

The historical data trend for Jinmao Property Services 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.

* Premium members only.

Jinmao Property Services Co Days Inventory Chart

Jinmao Property Services Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

3.45

2.66

1.67

1.00

0.81

Jinmao Property Services Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial				1.41	1.14	0.87	0.85	0.86

Competitive Comparison of Jinmao Property Services Co's Days Inventory

For the Real Estate Services subindustry, Jinmao Property Services 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.

Jinmao Property Services Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jinmao Property Services Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jinmao Property Services Co's Days Inventory falls into.

Jinmao Property Services Co Days Inventory Calculation

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

Jinmao Property Services 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
=	( (4.903	+	4.654)	/	2 )	/	2141.477	*	365
=	4.7785					/	2141.477	*	365
=	0.81

Jinmao Property Services 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
=	( (5.285	+	4.654)	/	2 )	/	1052.087	*	365 / 2
=	4.9695					/	1052.087	*	365 / 2
=	0.86

Jinmao Property Services Co (HKSE:00816) 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.

Jinmao Property Services Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1052.087	/	4.9695
	=	211.71

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.

Jinmao Property Services Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.9695	/	1477.772
	=	0.00

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.

Jinmao Property Services Co Days Inventory Related Terms

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

Jinmao Property Services Co (HKSE:00816) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Jinmao Property Services Co Ltd (HKSE:00816) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

TZ0:Germany

Address

Unit 2, Xitieying Middle Avenue, 6th Floor, YouAn International Tower, Fengtai, Beijing, CHN

Website

https://www.jinmaowy.com

Jinmao Property Services Co Ltd is a fast-growing high-end property management company in China, and a city operation service provider, managing a diversified property portfolio covering both residential properties and non-residential services.

Executives

Sinochem Corporation	2201 Interest of corporation controlled by you
Sinochem Group Co., Ltd	2201 Interest of corporation controlled by you
Sinochem Holdings Corporation Ltd.	2201 Interest of corporation controlled by you
Sinochem Hong Kong (group) Company Limited	2501 Other
China Jinmao Holdings Group Limited	2101 Beneficial owner

Jinmao Property Services Co (HKSE:00816) Headlines

No Headlines