Ganglong China Property Group (FRA:52J) Days Inventory : 498.73 (As of Dec. 2023)

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What is Ganglong China Property Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ganglong China Property Group's Average Total Inventories for the six months ended in Dec. 2023 was €3,194 Mil. Ganglong China Property Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €1,169 Mil. Hence, Ganglong China Property Group's Days Inventory for the six months ended in Dec. 2023 was 498.73.

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

FRA:52J' s Days Inventory Range Over the Past 10 Years
Min: 658.18 Med: 1612.79 Max: 3602.3
Current: 666.49

During the past 7 years, Ganglong China Property Group's highest Days Inventory was 3602.30. The lowest was 658.18. And the median was 1612.79.

FRA:52J's Days Inventory is ranked better than
51.93% of 1319 companies
in the Real Estate industry
Industry Median: 698.69 vs FRA:52J: 666.49

Ganglong China Property Group's Days Inventory declined from Dec. 2022 (1,174.46) to Dec. 2023 (498.73).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ganglong China Property Group's Inventory Turnover for the six months ended in Dec. 2023 was 0.37.

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. Ganglong China Property Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 2.45.

Ganglong China Property Group Days Inventory Historical Data

The historical data trend for Ganglong China Property 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.

Ganglong China Property Group Days Inventory Chart

Ganglong China Property Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

3,579.63

3,406.23

1,565.69

1,342.76

671.36

Ganglong China Property Group Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial							1,578.07	1,591.73	1,174.46	943.72	498.73

Competitive Comparison of Ganglong China Property Group's Days Inventory

For the Real Estate - Development subindustry, Ganglong China Property 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.

Ganglong China Property Group's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Ganglong China Property Group's Days Inventory falls into.

Ganglong China Property Group Days Inventory Calculation

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

Ganglong China Property 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
=	( (4451.942	+	2724.695)	/	2 )	/	1950.873	*	365
=	3588.3185					/	1950.873	*	365
=	671.36

Ganglong China Property 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
=	( (3664.059	+	2724.695)	/	2 )	/	1168.914	*	365 / 2
=	3194.377					/	1168.914	*	365 / 2
=	498.73

Ganglong China Property Group (FRA:52J) 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.

Ganglong China Property Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1168.914	/	3194.377
	=	0.37

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.

Ganglong China Property Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3194.377	/	1302.347
	=	2.45

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.

Ganglong China Property Group Days Inventory Related Terms

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

Ganglong China Property Group (FRA:52J) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ganglong China Property Group Ltd (FRA:52J) » Definitions » Days Inventory

Traded in Other Exchanges

06968:Hong Kong

Address

No. 2177 Shenkun Road, No. 11 Building, Hongqiao International Exhibition Center, PortMix South District, Miuhang District, Shanghai, CHN

Website

https://www.glchina.group

Ganglong China Property Group Ltd is an investment holding company engaged in property development. It develops residential, retail, and commercial properties. The majority of its revenue comes from sales of properties in Changzhou city.

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