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China Union Holdings (SZSE:000036) Days Inventory : 4,470.29 (As of Mar. 2024)


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What is China Union Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Union Holdings's Average Total Inventories for the three months ended in Mar. 2024 was ¥2,986.3 Mil. China Union Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥61.0 Mil. Hence, China Union Holdings's Days Inventory for the three months ended in Mar. 2024 was 4,470.29.

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

SZSE:000036' s Days Inventory Range Over the Past 10 Years
Min: 841.96   Med: 1573.04   Max: 9266.29
Current: 3440.83

During the past 13 years, China Union Holdings's highest Days Inventory was 9266.29. The lowest was 841.96. And the median was 1573.04.

SZSE:000036's Days Inventory is ranked worse than
87.8% of 1328 companies
in the Real Estate industry
Industry Median: 699.495 vs SZSE:000036: 3440.83

China Union Holdings's Days Inventory increased from Mar. 2023 (2,225.10) to Mar. 2024 (4,470.29). It might indicate that China Union Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Union Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 0.02.

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 Union Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 28.48.


China Union Holdings Days Inventory Historical Data

The historical data trend for China Union 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.

China Union Holdings Days Inventory Chart

China Union 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 1,398.70 1,247.75 1,583.13 841.96 3,286.91

China Union Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2,225.10 2,946.10 2,721.90 3,578.47 4,470.29

Competitive Comparison of China Union Holdings's Days Inventory

For the Real Estate - Development subindustry, China Union 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.


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

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

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



China Union Holdings Days Inventory Calculation

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

China Union 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
=( (2116.174 + 2986.52) / 2 ) / 283.318*365
=2551.347 / 283.318*365
=3,286.91

China Union Holdings's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (2986.52 + 2985.982) / 2 ) / 60.957*365 / 4
=2986.251 / 60.957*365 / 4
=4,470.29

* 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.


China Union Holdings  (SZSE:000036) 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 Union Holdings's Inventory Turnover for the three months ended in Mar. 2024 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.

China Union Holdings's Inventory to Revenue for the three months ended in Mar. 2024 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.


China Union Holdings Days Inventory Related Terms

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


China Union Holdings (SZSE:000036) Business Description

Traded in Other Exchanges
N/A
Address
No. 2008 Shennan Middle Road, Hualian Building, 11F, Futian District, Shenzhen, Guangdong, CHN, 518031
China Union Holdings Ltd operates in the real estate industry. The business of the company includes real estate development and venture capital. The projects of the company include hualian building, Shanghai Xinhua century park, and China avenue of stars.
Executives
Huang Xin Supervisors
Chen Shan Min Executives
Li Yun Directors, executives
Kong Qing Fu Directors, executives
Su Qin Directors, executives
Zhang Wen Bin Supervisors
Hu Yong Feng Director
Ni Su Qiao Director
Ding Yue Director
Fan Lian Director
Dong Bing Gen Director
Zhang Mei Director
Shen Hua Securities Affairs Representative
Zheng Pi Tong Supervisors

China Union Holdings (SZSE:000036) Headlines

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