China Merchants Shekou Industrial Zone Holdings Co (SZSE:001979) Days Inventory : 472.17 (As of Dec. 2023)

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What is China Merchants Shekou Industrial Zone Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Merchants Shekou Industrial Zone Holdings Co's Average Total Inventories for the three months ended in Dec. 2023 was ¥440,944 Mil. China Merchants Shekou Industrial Zone Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥85,216 Mil. Hence, China Merchants Shekou Industrial Zone Holdings Co's Days Inventory for the three months ended in Dec. 2023 was 472.17.

The historical rank and industry rank for China Merchants Shekou Industrial Zone Holdings Co's Days Inventory or its related term are showing as below:

SZSE:001979' s Days Inventory Range Over the Past 10 Years
Min: 1024.04 Med: 1198.06 Max: 1494.66
Current: 1064.82

During the past 12 years, China Merchants Shekou Industrial Zone Holdings Co's highest Days Inventory was 1494.66. The lowest was 1024.04. And the median was 1198.06.

SZSE:001979's Days Inventory is ranked worse than
61.78% of 1324 companies
in the Real Estate industry
Industry Median: 693.655 vs SZSE:001979: 1064.82

China Merchants Shekou Industrial Zone Holdings Co's Days Inventory declined from Dec. 2022 (526.89) to Dec. 2023 (472.17).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Merchants Shekou Industrial Zone Holdings Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.19.

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 Shekou Industrial Zone Holdings Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 4.45.

China Merchants Shekou Industrial Zone Holdings Co Days Inventory Historical Data

The historical data trend for China Merchants Shekou Industrial Zone 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.

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China Merchants Shekou Industrial Zone Holdings Co Days Inventory Chart

China Merchants Shekou Industrial Zone Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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1,494.66

1,328.21

1,186.60

1,024.04

1,026.84

China Merchants Shekou Industrial Zone Holdings 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	Get a 7-Day Free Trial															526.89	2,882.56	1,300.08	2,175.87	472.17

Competitive Comparison of China Merchants Shekou Industrial Zone Holdings Co's Days Inventory

For the Real Estate - Development subindustry, China Merchants Shekou Industrial Zone 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.

China Merchants Shekou Industrial Zone Holdings Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Merchants Shekou Industrial Zone Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Merchants Shekou Industrial Zone Holdings Co's Days Inventory falls into.

China Merchants Shekou Industrial Zone Holdings Co Days Inventory Calculation

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

China Merchants Shekou Industrial Zone Holdings Co'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
=	( (411549.221	+	416702.135)	/	2 )	/	147204.434	*	365
=	414125.678					/	147204.434	*	365
=	1,026.84

China Merchants Shekou Industrial Zone Holdings Co'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (465185.477	+	416702.135)	/	2 )	/	85215.688	*	365 / 4
=	440943.806					/	85215.688	*	365 / 4
=	472.17

China Merchants Shekou Industrial Zone Holdings Co (SZSE:001979) 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 Shekou Industrial Zone Holdings Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	85215.688	/	440943.806
	=	0.19

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 Shekou Industrial Zone Holdings Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	440943.806	/	99178.644
	=	4.45

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 Shekou Industrial Zone Holdings Co Days Inventory Related Terms

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

China Merchants Shekou Industrial Zone Holdings Co (SZSE:001979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Merchants Shekou Industrial Zone Holdings Co Ltd (SZSE:001979) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Hing Wah Road, No. 6, South China Sea, Building 3, Nanshan District, Shekou, Guangdong Province, Shenzhen, CHN, 518067

Website

http://www.shekou.com

China Merchants Shekou Industrial Zone Holdings Co Ltd is engaged in the investment and construction business. Business activity is primarily operated in three segments Industrial parks, Communities, and Cruise business. Community segment provides quality residential real-estates for family level customers under the brand of China Merchants. Industrial Park Development segment is mainly involved in the development and operation of the theme industrial parks, characteristic industrial belts, and the ecological zones. Cruise segment is mainly involved in the construction, operation, and management of Shekou Cruise Terminal. Geographically it operates through China, however business presence can also be seen in the international market.

China Merchants Shekou Industrial Zone Holdings Co (SZSE:001979) Headlines

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