Modern Land (China) Co (HKSE:01107) Days Inventory : 1,975.21 (As of Jun. 2023)

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What is Modern Land (China) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Modern Land (China) Co's Average Total Inventories for the six months ended in Jun. 2023 was HK$37,256 Mil. Modern Land (China) Co's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$3,442 Mil. Hence, Modern Land (China) Co's Days Inventory for the six months ended in Jun. 2023 was 1,975.21.

The historical rank and industry rank for Modern Land (China) Co's Days Inventory or its related term are showing as below:

HKSE:01107' s Days Inventory Range Over the Past 10 Years
Min: 0.32 Med: 1002.23 Max: 2300.96
Current: 1812.41

During the past 11 years, Modern Land (China) Co's highest Days Inventory was 2300.96. The lowest was 0.32. And the median was 1002.23.

HKSE:01107's Days Inventory is not ranked
in the Real Estate industry.
Industry Median: 698.69 vs HKSE:01107: 1812.41

Modern Land (China) Co's Days Inventory declined from Jun. 2022 (3,572.37) to Jun. 2023 (1,975.21).

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. Modern Land (China) Co's Inventory Turnover for the six months ended in Jun. 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. Modern Land (China) Co's Inventory-to-Revenue for the six months ended in Jun. 2023 was 10.22.

Modern Land (China) Co Days Inventory Historical Data

The historical data trend for Modern Land (China) 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.

Modern Land (China) Co Days Inventory Chart

Modern Land (China) Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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1,265.42

1,066.67

1,186.88

1,481.40

2,300.96

Modern Land (China) Co 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															1,188.52	2,582.13	3,572.37	1,644.87	1,975.21

Competitive Comparison of Modern Land (China) Co's Days Inventory

For the Real Estate - Development subindustry, Modern Land (China) 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.

Modern Land (China) Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Modern Land (China) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Modern Land (China) Co's Days Inventory falls into.

Modern Land (China) Co Days Inventory Calculation

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

Modern Land (China) Co'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
=	( (55958.715	+	38638.055)	/	2 )	/	7502.921	*	365
=	47298.385					/	7502.921	*	365
=	2,300.96

Modern Land (China) Co'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
=	( (38638.055	+	35873.901)	/	2 )	/	3442.267	*	365 / 2
=	37255.978					/	3442.267	*	365 / 2
=	1,975.21

Modern Land (China) Co (HKSE:01107) 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.

Modern Land (China) Co's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3442.267	/	37255.978
	=	0.09

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.

Modern Land (China) Co's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	37255.978	/	3646.941
	=	10.22

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.

Modern Land (China) Co Days Inventory Related Terms

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

Modern Land (China) Co (HKSE:01107) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Modern Land (China) Co Ltd (HKSE:01107) » Definitions » Days Inventory

Traded in Other Exchanges

7PJ:Germany

Address

No.1, Xiangheyuan Road, 3rd, 4th Floor, Building 10, Contemporary Wanguo City, Dongcheng District, Beijing, CHN, 100028

Website

https://www.modernland.hk

Modern Land (China) Co Ltd is an investment holding company that is engaged in the business of real estate development, Property investment, Hotel operation, Real estate agency services, and other services. The group's operations are located in the PRC and it derives key revenue from the sale of properties.

Executives

Zhang Lei	2101 Beneficial owner
Yu Jinmei	2202 Interest of your spouse
Fantastic Energy Holdings Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Yu Jinmei	2202 Interest of your spouse
Super Land Holdings Limited
China Great Wall Amc (international) Holdings Company Limited	2101 Beneficial owner
Zhong Guo Chang Cheng Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

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