Zhong An Group (FRA:35Z) Days Inventory : 567.55 (As of Dec. 2023)

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What is Zhong An Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhong An Group's Average Total Inventories for the six months ended in Dec. 2023 was €3,829 Mil. Zhong An Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €1,231 Mil. Hence, Zhong An Group's Days Inventory for the six months ended in Dec. 2023 was 567.55.

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

FRA:35Z' s Days Inventory Range Over the Past 10 Years
Min: 761.82 Med: 1115.23 Max: 2674.62
Current: 882.54

During the past 13 years, Zhong An Group's highest Days Inventory was 2674.62. The lowest was 761.82. And the median was 1115.23.

FRA:35Z's Days Inventory is ranked worse than
57.2% of 1320 companies
in the Real Estate industry
Industry Median: 699.07 vs FRA:35Z: 882.54

Zhong An Group's Days Inventory declined from Dec. 2022 (1,837.09) to Dec. 2023 (567.55).

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhong An Group's Inventory Turnover for the six months ended in Dec. 2023 was 0.32.

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. Zhong An Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 2.86.

Zhong An Group Days Inventory Historical Data

The historical data trend for Zhong An 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.

* Premium members only.

Zhong An Group Days Inventory Chart

Zhong An Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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1,257.24

1,140.86

2,607.50

1,783.14

876.62

Zhong An Group 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															2,415.47	1,763.77	1,837.09	1,848.20	567.55

Competitive Comparison of Zhong An Group's Days Inventory

For the Real Estate - Development subindustry, Zhong An 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.

Zhong An Group's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Zhong An Group's Days Inventory falls into.

Zhong An Group Days Inventory Calculation

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

Zhong An Group'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
=	( (4580.586	+	3417.323)	/	2 )	/	1665.045	*	365
=	3998.9545					/	1665.045	*	365
=	876.62

Zhong An Group'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
=	( (4239.858	+	3417.323)	/	2 )	/	1231.105	*	365 / 2
=	3828.5905					/	1231.105	*	365 / 2
=	567.55

Zhong An Group (FRA:35Z) 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.

Zhong An Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1231.105	/	3828.5905
	=	0.32

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.

Zhong An Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3828.5905	/	1337.212
	=	2.86

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.

Zhong An Group Days Inventory Related Terms

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

Zhong An Group (FRA:35Z) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhong An Group Ltd (FRA:35Z) » Definitions » Days Inventory

Traded in Other Exchanges

00672:Hong Kong

Address

No. 996, Xiaoshao Road, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311201

Website

http://www.zafc.com

Zhong An Group Ltd is an investment holding. The principal activities of the group are property development, leasing and hotel operations. The operating segments of the group are the Residential segment which develops and sells residential properties, and provides property management services, project management services and other services to residential properties in Mainland China and Canada; and the Commercial segment which develops and sells commercial properties, leases investment properties, owns and operates hotels and provides property management services, project management services and other services to commercial properties in Mainland China, Japan and United Kingdom.

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