Guoco Group (Guoco Group) Days Inventory : 484.21 (As of Dec. 2023)

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What is Guoco Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guoco Group's Average Total Inventories for the six months ended in Dec. 2023 was $2,698 Mil. Guoco Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,017 Mil. Hence, Guoco Group's Days Inventory for the six months ended in Dec. 2023 was 484.21.

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

GULRY' s Days Inventory Range Over the Past 10 Years
Min: 392.84 Med: 949.61 Max: 1118.86
Current: 544.19

During the past 13 years, Guoco Group's highest Days Inventory was 1118.86. The lowest was 392.84. And the median was 949.61.

GULRY's Days Inventory is ranked worse than
95.11% of 450 companies
in the Conglomerates industry
Industry Median: 73.125 vs GULRY: 544.19

Guoco Group's Days Inventory declined from Dec. 2022 (769.77) to Dec. 2023 (484.21).

Inventory Turnover measures how fast the company turns over its inventory within a year. Guoco Group's Inventory Turnover for the six months ended in Dec. 2023 was 0.38.

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. Guoco Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.70.

Guoco Group Days Inventory Historical Data

The historical data trend for Guoco 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.

Guoco Group Days Inventory Chart

Guoco Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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716.09

909.69

1,119.72

939.74

675.46

Guoco Group 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															946.36	1,033.56	769.77	617.71	484.21

Competitive Comparison of Guoco Group's Days Inventory

For the Conglomerates subindustry, Guoco 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.

Guoco Group's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Guoco Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Guoco Group's Days Inventory falls into.

Guoco Group Days Inventory Calculation

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

Guoco Group's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (3027.986	+	2824.979)	/	2 )	/	1581.4	*	365
=	2926.4825					/	1581.4	*	365
=	675.46

Guoco 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
=	( (2824.979	+	2571.922)	/	2 )	/	1017.053	*	365 / 2
=	2698.4505					/	1017.053	*	365 / 2
=	484.21

Guoco Group (OTCPK:GULRY) 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.

Guoco Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1017.053	/	2698.4505
	=	0.38

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.

Guoco Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2698.4505	/	1587.099
	=	1.70

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.

Guoco Group Days Inventory Related Terms

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

Guoco Group (Guoco Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Guoco Group Ltd (OTCPK:GULRY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

GULRF:USA 00053:Hong Kong

Address

99 Queen's Road Central, 50th Floor, The Center, Hong Kong, HKG

Website

https://www.guoco.com

Guoco Group Ltd is a holdings company engaged in investment and financial businesses globally. The company operates in four main segments: principal investment, property development and investment, hospitality and leisure, and financial services. It generates additional revenue from oil and gas production. Principal investment segment covers direct and equity investments, and treasury operations. The property development and investment segment, develops residential and commercial properties in China and Southeast Asia. The main revenue driver, hospitality and leisure segment owns, leases, and manages hotels, and operates gaming businesses in the UK, Spain and Belgium. The financial-services segment includes commercial, consumer and investment banking, as well as insurance services.