China Merchants Commercial�REIT (HKSE:01503) Days Inventory : 0.00 (As of Dec. 2023)

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What is China Merchants Commercial�REIT Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Merchants Commercial�REIT's Average Total Inventories for the six months ended in Dec. 2023 was HK$0.0 Mil. China Merchants Commercial�REIT's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$70.1 Mil. Hence, China Merchants Commercial�REIT's Days Inventory for the six months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for China Merchants Commercial�REIT's Days Inventory or its related term are showing as below:

HKSE:01503's Days Inventory is not ranked ^*
in the REITs industry.
Industry Median: 84.855
* Ranked among companies with meaningful Days Inventory only.

China Merchants Commercial�REIT's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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 Merchants Commercial�REIT's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

China Merchants Commercial�REIT Days Inventory Historical Data

The historical data trend for China Merchants Commercial�REIT'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 Merchants Commercial�REIT Days Inventory Chart

China Merchants Commercial�REIT Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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China Merchants Commercial�REIT Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial									-	-	-	-	-

Competitive Comparison of China Merchants Commercial�REIT's Days Inventory

For the REIT - Office subindustry, China Merchants Commercial�REIT'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 Merchants Commercial�REIT's Days Inventory Distribution in the REITs Industry

For the REITs industry and Real Estate sector, China Merchants Commercial�REIT's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Merchants Commercial�REIT's Days Inventory falls into.

China Merchants Commercial�REIT Days Inventory Calculation

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

China Merchants Commercial�REIT'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	+	0)	/	1 )	/	146.489	*	365
=	0					/	146.489	*	365
=	0.00

China Merchants Commercial�REIT'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	+	0)	/	1 )	/	70.086	*	365 / 2
=	0					/	70.086	*	365 / 2
=	0.00

China Merchants Commercial�REIT (HKSE:01503) 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 Merchants Commercial�REIT's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	70.086	/	0
	=

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 Merchants Commercial�REIT's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	274.701
	=	0.00

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 Merchants Commercial�REIT Days Inventory Related Terms

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

China Merchants Commercial�REIT (HKSE:01503) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » China Merchants Commercial�REIT (HKSE:01503) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

China Merchants Tower, Shun Tak Centre, Room 2603-2606, 26th Floor, Connaught Road Central, Hong Kong, HKG, 168-200

Website

https://www.cmcreit.com

China Merchants Commercial REIT and its subsidiaries are engaged in property investment. The operating business segments of the company are office buildings and shopping center. Its properties include New Times Plaza, Cyberport Building, Technology Building, Garden City Shopping Centre and Technology Building 2 among others.

China Merchants Commercial�REIT (HKSE:01503) Headlines

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