Dexin Services Group (HKSE:02215) Days Inventory : 4.13 (As of Jun. 2023)

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What is Dexin Services Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dexin Services Group's Average Total Inventories for the six months ended in Jun. 2023 was HK$8 Mil. Dexin Services Group's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$360 Mil. Hence, Dexin Services Group's Days Inventory for the six months ended in Jun. 2023 was 4.13.

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

HKSE:02215' s Days Inventory Range Over the Past 10 Years
Min: 4.54 Med: 7.19 Max: 13.49
Current: 5.05

During the past 6 years, Dexin Services Group's highest Days Inventory was 13.49. The lowest was 4.54. And the median was 7.19.

HKSE:02215's Days Inventory is ranked better than
93.27% of 1322 companies
in the Real Estate industry
Industry Median: 693.34 vs HKSE:02215: 5.05

Dexin Services Group's Days Inventory declined from Jun. 2022 (4.77) to Jun. 2023 (4.13).

Inventory Turnover measures how fast the company turns over its inventory within a year. Dexin Services Group's Inventory Turnover for the six months ended in Jun. 2023 was 44.16.

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. Dexin Services Group's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.02.

Dexin Services Group Days Inventory Historical Data

The historical data trend for Dexin Services 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.

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Dexin Services Group Days Inventory Chart

Dexin Services Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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13.49

10.98

5.03

4.54

5.87

Dexin Services Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial					5.20	4.77	4.34	4.13	5.04

Competitive Comparison of Dexin Services Group's Days Inventory

For the Real Estate Services subindustry, Dexin Services 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.

Dexin Services Group's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Dexin Services Group's Days Inventory distribution charts can be found below:

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

Dexin Services Group Days Inventory Calculation

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

Dexin Services Group'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
=	( (10.223	+	8.877)	/	2 )	/	767.432	*	365
=	9.55					/	767.432	*	365
=	4.54

Dexin Services Group'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
=	( (8.877	+	7.413)	/	2 )	/	359.687	*	365 / 2
=	8.145					/	359.687	*	365 / 2
=	4.13

Dexin Services Group (HKSE:02215) 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.

Dexin Services Group's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	359.687	/	8.145
	=	44.16

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.

Dexin Services Group's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8.145	/	500.976
	=	0.02

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.

Dexin Services Group Days Inventory Related Terms

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

Dexin Services Group (HKSE:02215) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Dexin Services Group Ltd (HKSE:02215) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2008-2010, Jinchang Road, Liangzhu Street, Room 488, Building 2, Zhejiang Province, Hangzhou, CHN

Website

https://www.dexinfuwu.com

Dexin Services Group Ltd is a property management service provider in Zhejiang province. It provides a wide range of services for both residential and non-residential properties through three business lines, namely, property management services, value-added services to non-property owners, and community value-added services.

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