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China Agri-Products Exchange (FRA:RHGN) Days Inventory : 1,419.91 (As of Sep. 2023)


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What is China Agri-Products Exchange Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Agri-Products Exchange's Average Total Inventories for the six months ended in Sep. 2023 was €151.16 Mil. China Agri-Products Exchange's Cost of Goods Sold for the six months ended in Sep. 2023 was €19.43 Mil. Hence, China Agri-Products Exchange's Days Inventory for the six months ended in Sep. 2023 was 1,419.91.

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

FRA:RHGN' s Days Inventory Range Over the Past 10 Years
Min: 595.22   Med: 1746.39   Max: 9481.37
Current: 1627.23

During the past 13 years, China Agri-Products Exchange's highest Days Inventory was 9481.37. The lowest was 595.22. And the median was 1746.39.

FRA:RHGN's Days Inventory is ranked worse than
74.55% of 1320 companies
in the Real Estate industry
Industry Median: 699.07 vs FRA:RHGN: 1627.23

China Agri-Products Exchange's Days Inventory declined from Sep. 2022 (1,730.74) to Sep. 2023 (1,419.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Agri-Products Exchange's Inventory Turnover for the six months ended in Sep. 2023 was 0.13.

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 Agri-Products Exchange's Inventory-to-Revenue for the six months ended in Sep. 2023 was 3.89.


China Agri-Products Exchange Days Inventory Historical Data

The historical data trend for China Agri-Products Exchange'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 Agri-Products Exchange Days Inventory Chart

China Agri-Products Exchange Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 791.80 1,152.75 2,048.36 1,376.68 1,937.42

China Agri-Products Exchange Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1,641.16 1,225.11 1,730.74 2,004.19 1,419.91

Competitive Comparison of China Agri-Products Exchange's Days Inventory

For the Real Estate - Diversified subindustry, China Agri-Products Exchange'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 Agri-Products Exchange's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where China Agri-Products Exchange's Days Inventory falls into.



China Agri-Products Exchange Days Inventory Calculation

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

China Agri-Products Exchange's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (178.06 + 157.522) / 2 ) / 31.611*365
=167.791 / 31.611*365
=1,937.42

China Agri-Products Exchange's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (157.522 + 144.805) / 2 ) / 19.429*365 / 2
=151.1635 / 19.429*365 / 2
=1,419.91

* 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 Agri-Products Exchange  (FRA:RHGN) 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 Agri-Products Exchange's Inventory Turnover for the six months ended in Sep. 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 Agri-Products Exchange's Inventory to Revenue for the six months ended in Sep. 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 Agri-Products Exchange Days Inventory Related Terms

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


China Agri-Products Exchange (FRA:RHGN) Business Description

Traded in Other Exchanges
Address
39 Wang Kwong Road, Suite 3202, 32nd Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
China Agri-Products Exchange Ltd is an investment holding company. The company operates through two segments namely Agricultural produce exchange market operation; and Property sales. The majority of its revenue is derived from the Agricultural produce exchange market operation segment. Geographically, it derives revenue from China.

China Agri-Products Exchange (FRA:RHGN) Headlines

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