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Greentown China Holdings (HKSE:03900) Days Inventory : 779.06 (As of Dec. 2023)


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What is Greentown China Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Greentown China Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$314,021 Mil. Greentown China Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$73,561 Mil. Hence, Greentown China Holdings's Days Inventory for the six months ended in Dec. 2023 was 779.06.

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

HKSE:03900' s Days Inventory Range Over the Past 10 Years
Min: 920.5   Med: 1141.74   Max: 1461.17
Current: 920.5

During the past 13 years, Greentown China Holdings's highest Days Inventory was 1461.17. The lowest was 920.50. And the median was 1141.74.

HKSE:03900's Days Inventory is ranked worse than
58.09% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs HKSE:03900: 920.50

Greentown China Holdings's Days Inventory declined from Dec. 2022 (1,033.97) to Dec. 2023 (779.06).

Inventory Turnover measures how fast the company turns over its inventory within a year. Greentown China Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 0.23.

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. Greentown China Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 3.86.


Greentown China Holdings Days Inventory Historical Data

The historical data trend for Greentown China 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.

Greentown China Holdings Days Inventory Chart

Greentown China 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 1,329.93 1,461.17 1,135.76 1,036.75 921.45

Greentown China 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 934.11 996.03 1,033.97 1,121.48 779.06

Competitive Comparison of Greentown China Holdings's Days Inventory

For the Real Estate - Development subindustry, Greentown China 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.


Greentown China Holdings's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Greentown China Holdings's Days Inventory falls into.



Greentown China Holdings Days Inventory Calculation

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

Greentown China 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
=( (317903.651 + 313381.975) / 2 ) / 125030.18*365
=315642.813 / 125030.18*365
=921.45

Greentown China 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
=( (314660.338 + 313381.975) / 2 ) / 73561.298*365 / 2
=314021.1565 / 73561.298*365 / 2
=779.06

* 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.


Greentown China Holdings  (HKSE:03900) 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.

Greentown China 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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=314021.1565 / 81384.462
=3.86

* 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.


Greentown China Holdings Days Inventory Related Terms

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


Greentown China Holdings (HKSE:03900) Business Description

Traded in Other Exchanges
Address
No. 1 Hangda Road, 10th Floor, Block A, Dragon Century Plaza, Zhejiang, Hangzhou, CHN, 310007
Greentown China Holdings Ltd, or Greentown, is a China property developer headquartered in Hangzhou. Founded by Song Weiping, the company listed on the Hong Kong Stock Exchange in 2006. Predominantly a property developer is known for high-end residential projects with landbank geographically focused in Zhejiang and the Bohai Rim, Greentown is also noted for being one of the first developers to embark on the asset-light construction management model to generate development fee income from third-party construction and project management services. In June 2012, Wharf entered as a strategic shareholder of the company.
Executives
China Communications Construction Group Limited 2201 Interest of corporation controlled by you
Xiang Gang Xin Hu Tou Zi You Xian Gong Si 2101 Beneficial owner
Zhe Jiang Xin Hu Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Xin Hu Zhong Bao Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Li Ping 2202 Interest of your spouse
Huang Wei 2201 Interest of corporation controlled by you
Song Weiping
Cccg Holding (hk) Limited 2101 Beneficial owner
Wheelock And Company Limited 2201 Interest of corporation controlled by you
The Wharf (holdings) Limited 2201 Interest of corporation controlled by you
Hsbc Trustee (c.i.) Limited 2301 Trustee
Ever Step Holdings Limited 2201 Interest of corporation controlled by you
First Pioneer Holdings Limited 2201 Interest of corporation controlled by you
King Focus International Limited 2201 Interest of corporation controlled by you
Ping An Securities Group (holdings) Limited 2201 Interest of corporation controlled by you

Greentown China Holdings (HKSE:03900) Headlines

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