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Evergrande Property Services Group (HKSE:06666) Days Inventory : 0.09 (As of Dec. 2023)


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What is Evergrande Property Services Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Evergrande Property Services Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$3 Mil. Evergrande Property Services Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$5,176 Mil. Hence, Evergrande Property Services Group's Days Inventory for the six months ended in Dec. 2023 was 0.09.

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

HKSE:06666' s Days Inventory Range Over the Past 10 Years
Min: 0.09   Med: 0.09   Max: 0.09
Current: 0.09

During the past 7 years, Evergrande Property Services Group's highest Days Inventory was 0.09. The lowest was 0.09. And the median was 0.09.

HKSE:06666's Days Inventory is ranked better than
99.55% of 1327 companies
in the Real Estate industry
Industry Median: 697.68 vs HKSE:06666: 0.09

Evergrande Property Services Group's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (0.09). It might indicate that Evergrande Property Services Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Evergrande Property Services Group's Inventory Turnover for the six months ended in Dec. 2023 was 2,000.74.

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


Evergrande Property Services Group Days Inventory Historical Data

The historical data trend for Evergrande Property Services 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.

Evergrande Property Services Group Days Inventory Chart

Evergrande Property Services Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial - - - - 0.09

Evergrande Property Services Group Semi-Annual Data
Dec17 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 - - - - 0.09

Competitive Comparison of Evergrande Property Services Group's Days Inventory

For the Real Estate Services subindustry, Evergrande Property Services 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.


Evergrande Property Services Group's Days Inventory Distribution in the Real Estate Industry

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

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



Evergrande Property Services Group Days Inventory Calculation

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

Evergrande Property Services Group'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
=( (0 + 2.587) / 1 ) / 10257.563*365
=2.587 / 10257.563*365
=0.09

Evergrande Property Services Group'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
=( (0 + 2.587) / 1 ) / 5175.918*365 / 2
=2.587 / 5175.918*365 / 2
=0.09

* 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.


Evergrande Property Services Group  (HKSE:06666) 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.

Evergrande Property Services Group'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.

Evergrande Property Services Group's Inventory to Revenue for the six months ended in Dec. 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.


Evergrande Property Services Group Days Inventory Related Terms

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


Evergrande Property Services Group (HKSE:06666) Business Description

Traded in Other Exchanges
Address
No. 78, Huangpu Avenue West, Third Compartment of Room 3101, Tianhe District, Guangdong, Guangzhou, CHN, 510660
Evergrande Property Services Group Ltd is a property management service providers in China. It manages a diverse portfolio of properties, including mid- to high-end residential properties, office buildings and commercial properties. Further, it also manages other types of properties such as theme parks, industrial parks, healthcare complexes, themed towns and schools, among others.

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