Country Garden Holdings Co (HKSE:02007) Days Inventory : 671.86 (As of Jun. 2023)

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What is Country Garden Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Country Garden Holdings Co's Average Total Inventories for the six months ended in Jun. 2023 was HK$1,008,967 Mil. Country Garden Holdings Co's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$274,071 Mil. Hence, Country Garden Holdings Co's Days Inventory for the six months ended in Jun. 2023 was 671.86.

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

HKSE:02007' s Days Inventory Range Over the Past 10 Years
Min: 598.95 Med: 701.1 Max: 968.48
Current: 715.18

During the past 13 years, Country Garden Holdings Co's highest Days Inventory was 968.48. The lowest was 598.95. And the median was 701.10.

HKSE:02007's Days Inventory is ranked worse than
50.6% of 1324 companies
in the Real Estate industry
Industry Median: 693.655 vs HKSE:02007: 715.18

Country Garden Holdings Co's Days Inventory declined from Jun. 2022 (1,368.93) to Jun. 2023 (671.86).

Inventory Turnover measures how fast the company turns over its inventory within a year. Country Garden Holdings Co's Inventory Turnover for the six months ended in Jun. 2023 was 0.27.

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. Country Garden Holdings Co's Inventory-to-Revenue for the six months ended in Jun. 2023 was 4.08.

Country Garden Holdings Co Days Inventory Historical Data

The historical data trend for Country Garden Holdings Co'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.

Country Garden Holdings Co Days Inventory Chart

Country Garden Holdings Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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719.26

793.52

962.95

901.06

968.48

Country Garden Holdings Co 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															1,064.30	821.25	1,368.93	745.44	671.86

Competitive Comparison of Country Garden Holdings Co's Days Inventory

For the Real Estate - Development subindustry, Country Garden Holdings Co'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.

Country Garden Holdings Co's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Country Garden Holdings Co's Days Inventory falls into.

Country Garden Holdings Co Days Inventory Calculation

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

Country Garden Holdings Co'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
=	( (1303064.703	+	1052489.104)	/	2 )	/	443880.7	*	365
=	1177776.9035					/	443880.7	*	365
=	968.48

Country Garden Holdings Co'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
=	( (1052489.104	+	965445.087)	/	2 )	/	274070.779	*	365 / 2
=	1008967.0955					/	274070.779	*	365 / 2
=	671.86

Country Garden Holdings Co (HKSE:02007) 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.

Country Garden Holdings Co's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	274070.779	/	1008967.0955
	=	0.27

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.

Country Garden Holdings Co's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1008967.0955	/	247532.382
	=	4.08

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.

Country Garden Holdings Co Days Inventory Related Terms

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

Country Garden Holdings Co (HKSE:02007) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Country Garden Holdings Co Ltd (HKSE:02007) » Definitions » Days Inventory

Traded in Other Exchanges

CTRYY:USA CTRYF:USA DZJ:Germany

Address

No. 1 Country Garden Road, Country Garden Centre, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528312

Website

https://www.countrygarden.com.cn

Listed in 2007, Country Garden Holdings has been one of the largest China real estate developers in contracted sales with a focus on Tier 3 and lower-tier cities. Property development has represented most of CGH's revenue and earnings, and the firm has tapped into new businesses such as robotics construction and venture capital investment. Following the retirement of founder Yang Guoqiang, Yang Huiyan (daughter of Yang Guoqiang) holds an over 50% stake of the company, while Ping An Life Insurance retains 7.7% equity ownership after the private placement in 2015.

Country Garden Holdings Co (HKSE:02007) Headlines

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