Days Inventory is also known as Days Sales of Inventory (DSI). China Vanke Co's Average Total Inventories for the
three
months ended in Dec. 2023 was ¥758,199 Mil. China Vanke Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was ¥155,513 Mil.
Hence, China Vanke Co's Days Inventory for the
three
months ended in Dec. 2023 was 444.89.
The historical rank and industry rank for China Vanke Co's Days Inventory or its related term are showing as below:
SZSE:000002'
s Days Inventory Range Over the Past 10 Years
Min: 743.69 Med: 1112.92 Max: 1322.28
Current: 765.2
During the past 13 years, China Vanke Co's highest Days Inventory was 1322.28. The lowest was 743.69. And the median was 1112.92.
SZSE:000002's Days Inventory is ranked worse than 53.14% of 1321
companies
in the Real Estate industry
Industry Median: 689.74
vs SZSE:000002: 765.20
China Vanke Co's Days Inventory
declined
from Dec. 2022 (643.60) to Dec. 2023 (444.89).
Inventory Turnover measures how fast the company turns over its inventory within a year.
China Vanke Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.21.
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 Vanke Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 4.32.
China Vanke Co Days Inventory Historical Data
The historical data trend for China Vanke 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.
China Vanke Co Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
1,281.76
1,168.75
1,071.19
892.72
743.69
China Vanke Co Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
643.60
1,406.47
744.42
987.95
444.89
Competitive Comparison
For the Real Estate - Development subindustry, China Vanke 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.
China Vanke Co Days Inventory Distribution
For the Real Estate industry and Real Estate sector, China Vanke Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where China Vanke Co's Days Inventory falls into.
China Vanke Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
China Vanke Co's Days Inventory for the fiscal year that 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.
China Vanke Co (SZSE:000002) 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 Vanke Co's Inventory Turnover for the
three
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.
China Vanke Co's Inventory to Revenue for the
three
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.
China Vanke Co Days Inventory Related Terms
Thank you for viewing the detailed overview of China Vanke Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
China Vanke is a large real estate developer in China with residential property sales among the top three of all peers through the past five years. While property development accounts for most of its revenue and earnings, it has expanded its business presence in investment properties such as commercial retail complexes, long-term leasing apartments, and leasable logistical assets. China Vanke also owns an over-60% equity interest in its property management division Onewo, which manages the second-largest gross floor area in China. It is dual-listed in Shenzhen and Hong Kong, and state-owned Shenzhen Metro is the largest shareholder with a 27.2% stake.
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