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Zhongtian Construction (Hunan) Group (HKSE:02433) Days Inventory : 0.00 (As of Jun. 2023)


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What is Zhongtian Construction (Hunan) Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhongtian Construction (Hunan) Group's Average Total Inventories for the three months ended in Jun. 2023 was HK$1 Mil. Zhongtian Construction (Hunan) Group's Cost of Goods Sold for the three months ended in Jun. 2023 was HK$0 Mil.

The historical rank and industry rank for Zhongtian Construction (Hunan) Group's Days Inventory or its related term are showing as below:

HKSE:02433' s Days Inventory Range Over the Past 10 Years
Min: 0.15   Med: 0.45   Max: 0.69
Current: 0.26

During the past 5 years, Zhongtian Construction (Hunan) Group's highest Days Inventory was 0.69. The lowest was 0.15. And the median was 0.45.

HKSE:02433's Days Inventory is ranked better than
98.06% of 1391 companies
in the Construction industry
Industry Median: 48.85 vs HKSE:02433: 0.26

Zhongtian Construction (Hunan) Group's Days Inventory declined from Dec. 2021 (0.62) to Jun. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhongtian Construction (Hunan) Group's Inventory Turnover for the three 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.


Zhongtian Construction (Hunan) Group Days Inventory Historical Data

The historical data trend for Zhongtian Construction (Hunan) 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.

Zhongtian Construction (Hunan) Group Days Inventory Chart

Zhongtian Construction (Hunan) Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
0.15 0.45 0.69 0.45 0.17

Zhongtian Construction (Hunan) Group Quarterly Data
Dec19 Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only - 0.16 0.17 - -

Competitive Comparison of Zhongtian Construction (Hunan) Group's Days Inventory

For the Engineering & Construction subindustry, Zhongtian Construction (Hunan) 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.


Zhongtian Construction (Hunan) Group's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhongtian Construction (Hunan) Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhongtian Construction (Hunan) Group's Days Inventory falls into.



Zhongtian Construction (Hunan) Group Days Inventory Calculation

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

Zhongtian Construction (Hunan) 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
=( (3.695 + 0.925) / 2 ) / 1880.661*365
=2.31 / 1880.661*365
=0.45

Zhongtian Construction (Hunan) 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
=( (0.925 + 0.587) / 2 ) / 0*365 / 4
=0.756 / 0*365 / 4
=N/A

* 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.


Zhongtian Construction (Hunan) Group  (HKSE:02433) 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.

Zhongtian Construction (Hunan) Group's Inventory Turnover for the three months ended in Jun. 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.

Zhongtian Construction (Hunan) Group's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

* 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.


Zhongtian Construction (Hunan) Group Days Inventory Related Terms

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Zhongtian Construction (Hunan) Group (HKSE:02433) Business Description

Traded in Other Exchanges
N/A
Address
No. 1197, East Xinhua Road, Hetang District, Hunan Province, Zhuzhou, CHN, 412008
Zhongtian Construction (Hunan) Group Ltd is engaged in general contracting construction in the PRC.
Executives
Zt (a) Limited 2101 Beneficial owner
Zt (m) Limited 2101 Beneficial owner

Zhongtian Construction (Hunan) Group (HKSE:02433) Headlines

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