China Mining International (SGX:BHD) Days Inventory : 90.69 (As of Jun. 2023)

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What is China Mining International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Mining International's Average Total Inventories for the six months ended in Jun. 2023 was S$0.57 Mil. China Mining International's Cost of Goods Sold for the six months ended in Jun. 2023 was S$1.15 Mil. Hence, China Mining International's Days Inventory for the six months ended in Jun. 2023 was 90.69.

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

SGX:BHD' s Days Inventory Range Over the Past 10 Years
Min: 24.5 Med: 1019.63 Max: 1476.5
Current: 39.64

During the past 13 years, China Mining International's highest Days Inventory was 1476.50. The lowest was 24.50. And the median was 1019.63.

SGX:BHD's Days Inventory is ranked better than
85.51% of 1325 companies
in the Real Estate industry
Industry Median: 697.68 vs SGX:BHD: 39.64

China Mining International's Days Inventory increased from Jun. 2022 (33.79) to Jun. 2023 (90.69). It might indicate that China Mining International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Mining International's Inventory Turnover for the six months ended in Jun. 2023 was 2.01.

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. China Mining International's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.44.

China Mining International Days Inventory Historical Data

The historical data trend for China Mining International'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.

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China Mining International Days Inventory Chart

China Mining International Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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690.27

1,476.50

1,348.98

218.73

24.50

China Mining International 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															337,168.75	110.99	33.79	30.25	90.69

Competitive Comparison of China Mining International's Days Inventory

For the Real Estate - Development subindustry, China Mining International'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.

China Mining International's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where China Mining International's Days Inventory falls into.

China Mining International Days Inventory Calculation

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

China Mining International'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
=	( (0.475	+	0.799)	/	2 )	/	9.49	*	365
=	0.637					/	9.49	*	365
=	24.50

China Mining International'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
=	( (0.799	+	0.342)	/	2 )	/	1.148	*	365 / 2
=	0.5705					/	1.148	*	365 / 2
=	90.69

China Mining International (SGX:BHD) 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.

China Mining International's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.148	/	0.5705
	=	2.01

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.

China Mining International's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.5705	/	1.289
	=	0.44

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.

China Mining International Days Inventory Related Terms

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

China Mining International (SGX:BHD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Mining International Ltd (SGX:BHD) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Intersection of Zhong Wang Road and Zheng Guang North Street, Zhong Chuang Building 6th Floor, Unit 605, China Henan Province, Jin Shui District, Zheng Zhou, CHN, 450000

Website

http://www.chinamining-international.com

China Mining International Ltd through its subsidiaries is engaged development of commercial and residential properties for sale. It also invests in the mining business. The company's segments include Commercial and residential property development, Mining, and Investment. The Commercial and residential property development segment is engaged in the development of commercial and residential properties for sale. It derives most of its revenue from the Commercial and residential property development segment.

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