Hon Kwok Land Investment Co (HKSE:00160) Days Inventory : 1,815.90 (As of Sep. 2024)

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What is Hon Kwok Land Investment Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hon Kwok Land Investment Co's Average Total Inventories for the six months ended in Sep. 2024 was HK$1,271.4 Mil. Hon Kwok Land Investment Co's Cost of Goods Sold for the six months ended in Sep. 2024 was HK$127.8 Mil. Hence, Hon Kwok Land Investment Co's Days Inventory for the six months ended in Sep. 2024 was 1,815.90.

The historical rank and industry rank for Hon Kwok Land Investment Co's Days Inventory or its related term are showing as below:

HKSE:00160' s Days Inventory Range Over the Past 10 Years
Min: 862.76 Med: 1157.12 Max: 2850.95
Current: 1317.7

During the past 13 years, Hon Kwok Land Investment Co's highest Days Inventory was 2850.95. The lowest was 862.76. And the median was 1157.12.

HKSE:00160's Days Inventory is ranked worse than
68.22% of 1312 companies
in the Real Estate industry
Industry Median: 709.03 vs HKSE:00160: 1317.70

Hon Kwok Land Investment Co's Days Inventory increased from Sep. 2023 (861.43) to Sep. 2024 (1,815.90). It might indicate that Hon Kwok Land Investment Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hon Kwok Land Investment Co's Inventory Turnover for the six months ended in Sep. 2024 was 0.10.

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. Hon Kwok Land Investment Co's Inventory-to-Revenue for the six months ended in Sep. 2024 was 4.02.

Hon Kwok Land Investment Co Days Inventory Historical Data

The historical data trend for Hon Kwok Land Investment 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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Hon Kwok Land Investment Co Days Inventory Chart

Hon Kwok Land Investment Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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2,850.95

1,185.16

1,437.18

1,250.84

931.73

Hon Kwok Land Investment Co Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Inventory	Get a 7-Day Free Trial															1,204.36	1,376.81	861.43	987.36	1,815.90

Competitive Comparison of Hon Kwok Land Investment Co's Days Inventory

For the Real Estate - Development subindustry, Hon Kwok Land Investment 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.

Hon Kwok Land Investment Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hon Kwok Land Investment Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hon Kwok Land Investment Co's Days Inventory falls into.

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Hon Kwok Land Investment Co Days Inventory Calculation

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

Hon Kwok Land Investment Co's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (1422.423	+	1156.651)	/	2 )	/	505.17	*	365
=	1289.537					/	505.17	*	365
=	931.73

Hon Kwok Land Investment Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (1156.651	+	1386.082)	/	2 )	/	127.774	*	365 / 2
=	1271.3665					/	127.774	*	365 / 2
=	1,815.90

Hon Kwok Land Investment Co (HKSE:00160) 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.

Hon Kwok Land Investment Co's Inventory Turnover for the six months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	127.774	/	1271.3665
	=	0.10

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.

Hon Kwok Land Investment Co's Inventory to Revenue for the six months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1271.3665	/	316.428
	=	4.02

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.

Hon Kwok Land Investment Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Hon Kwok Land Investment Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Hon Kwok Land Investment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hon Kwok Land Investment Co Ltd (HKSE:00160) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

111 Connaught Road, 23rd Floor, Wing On Centre, Central, Hong Kong, HKG

Website

https://www.honkwok.com.hk

Hon Kwok Land Investment Co Ltd is a Hong Kong-based investment holding company. The company's operating segments include Property development; Property investment and Property, carpark management, and others segment. It generates maximum revenue from the Property development segment which develops properties for sale. Geographically, it has a business presence in Hong Kong, Japan, and Mainland China, of which it derives a majority of its revenue from Mainland China.

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