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Sky Chinafortune Holdings Group (HKSE:00141) Days Inventory : 255.90 (As of Jun. 2022)


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What is Sky Chinafortune Holdings Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sky Chinafortune Holdings Group's Average Total Inventories for the six months ended in Jun. 2022 was HK$8.29 Mil. Sky Chinafortune Holdings Group's Cost of Goods Sold for the six months ended in Jun. 2022 was HK$5.91 Mil. Hence, Sky Chinafortune Holdings Group's Days Inventory for the six months ended in Jun. 2022 was 255.90.

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

HKSE:00141's Days Inventory is not ranked *
in the Real Estate industry.
Industry Median: 699.54
* Ranked among companies with meaningful Days Inventory only.

Sky Chinafortune Holdings Group's Days Inventory increased from Jun. 2021 (115.94) to Jun. 2022 (255.90). It might indicate that Sky Chinafortune Holdings Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sky Chinafortune Holdings Group's Inventory Turnover for the six months ended in Jun. 2022 was 0.71.

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. Sky Chinafortune Holdings Group's Inventory-to-Revenue for the six months ended in Jun. 2022 was 0.44.


Sky Chinafortune Holdings Group Days Inventory Historical Data

The historical data trend for Sky Chinafortune Holdings 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.

Sky Chinafortune Holdings Group Days Inventory Chart

Sky Chinafortune Holdings Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 949.68 965.72 640.47 58.37 125.13

Sky Chinafortune Holdings Group Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 67.10 57.66 115.94 124.02 255.90

Competitive Comparison of Sky Chinafortune Holdings Group's Days Inventory

For the Real Estate Services subindustry, Sky Chinafortune Holdings 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.


Sky Chinafortune Holdings Group's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Sky Chinafortune Holdings Group's Days Inventory falls into.



Sky Chinafortune Holdings Group Days Inventory Calculation

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

Sky Chinafortune Holdings Group's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (5.174 + 9.815) / 2 ) / 21.862*365
=7.4945 / 21.862*365
=125.13

Sky Chinafortune Holdings Group's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

Days Inventory (Q: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (9.815 + 6.759) / 2 ) / 5.91*365 / 2
=8.287 / 5.91*365 / 2
=255.90

* 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.


Sky Chinafortune Holdings Group  (HKSE:00141) 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.

Sky Chinafortune Holdings Group's Inventory Turnover for the six months ended in Jun. 2022 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.

Sky Chinafortune Holdings Group's Inventory to Revenue for the six months ended in Jun. 2022 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.


Sky Chinafortune Holdings Group Days Inventory Related Terms

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


Sky Chinafortune Holdings Group (HKSE:00141) Business Description

Traded in Other Exchanges
N/A
Address
16-18 Queen’s Road Central, Room 1512, 15th Floor, New World Tower 1, Hong Kong, HKG
Sky Chinafortune Holdings Group Ltd is an investment holding company. It operates in three segments: Property investment, which includes leasing of properties situated in China; Trading of properties & property-related services, which is into the sale of properties situated in China, including the short-term leasing of properties held for sales and the provision of property-related services; and Retail business segment is into the sale of Chinese liquor and wine, and everyday items and ready-cooked food in the PRC. The majority of its revenue comes from the Property investment segment. The group has operations in the PRC.
Executives
Jiang Jiabao 2101 Beneficial owner
Jiang Tian 2101 Beneficial owner
Hopevision Group Ltd. 2101 Beneficial owner
Shanghai Chongsheng Investment Management Co., Ltd. 2201 Interest of corporation controlled by you

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