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SOHO China (SOHO China) Days Inventory : 1,930.73 (As of Dec. 2023)


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What is SOHO China Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SOHO China's Average Total Inventories for the six months ended in Dec. 2023 was $232.0 Mil. SOHO China's Cost of Goods Sold for the six months ended in Dec. 2023 was $21.9 Mil. Hence, SOHO China's Days Inventory for the six months ended in Dec. 2023 was 1,930.73.

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

SOHOF' s Days Inventory Range Over the Past 10 Years
Min: 769.37   Med: 2209.07   Max: 5837.56
Current: 2053.91

During the past 13 years, SOHO China's highest Days Inventory was 5837.56. The lowest was 769.37. And the median was 2209.07.

SOHOF's Days Inventory is ranked worse than
80.06% of 1324 companies
in the Real Estate industry
Industry Median: 693.655 vs SOHOF: 2053.91

SOHO China's Days Inventory increased from Dec. 2022 (1,749.22) to Dec. 2023 (1,930.73). It might indicate that SOHO China's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SOHO China's Inventory Turnover for the six months ended in Dec. 2023 was 0.09.

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. SOHO China's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.93.


SOHO China Days Inventory Historical Data

The historical data trend for SOHO China'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.

SOHO China Days Inventory Chart

SOHO China 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 2,712.60 869.95 1,835.06 1,952.15 2,045.01

SOHO China 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 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 1,614.66 2,113.05 1,749.22 2,204.76 1,930.73

Competitive Comparison of SOHO China's Days Inventory

For the Real Estate Services subindustry, SOHO China'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.


SOHO China's Days Inventory Distribution in the Real Estate Industry

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

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



SOHO China Days Inventory Calculation

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

SOHO China'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
=( (245.031 + 225.546) / 2 ) / 41.995*365
=235.2885 / 41.995*365
=2,045.01

SOHO China'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
=( (238.422 + 225.546) / 2 ) / 21.928*365 / 2
=231.984 / 21.928*365 / 2
=1,930.73

* 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.


SOHO China  (OTCPK:SOHOF) 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.

SOHO China's Inventory Turnover for the six months ended in Dec. 2023 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.

SOHO China's Inventory to Revenue for the six months ended in Dec. 2023 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.


SOHO China Days Inventory Related Terms

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


SOHO China (SOHO China) Business Description

Traded in Other Exchanges
Address
No. 6B Chaowai Street, 11th Floor, Tower A, Chaowai SOHO, Chaoyang District, Beijing, CHN, 100020
SOHO China Ltd is engaged in real estate development, property leasing, and property management activities. It focuses on the commercial properties in the core areas of Beijing and Shanghai that will benefit from an appreciation in value. All of its rental income revenues are derived from China.

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