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Liu Chong Hing Investment (HKSE:00194) Days Inventory : 391.00 (As of Dec. 2023)


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What is Liu Chong Hing Investment Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Liu Chong Hing Investment's Average Total Inventories for the six months ended in Dec. 2023 was HK$1,562.9 Mil. Liu Chong Hing Investment's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$729.5 Mil. Hence, Liu Chong Hing Investment's Days Inventory for the six months ended in Dec. 2023 was 391.00.

The historical rank and industry rank for Liu Chong Hing Investment's Days Inventory or its related term are showing as below:

HKSE:00194' s Days Inventory Range Over the Past 10 Years
Min: 400.81   Med: 1113.05   Max: 3967.78
Current: 693.87

During the past 13 years, Liu Chong Hing Investment's highest Days Inventory was 3967.78. The lowest was 400.81. And the median was 1113.05.

HKSE:00194's Days Inventory is ranked better than
50.15% of 1320 companies
in the Real Estate industry
Industry Median: 698.185 vs HKSE:00194: 693.87

Liu Chong Hing Investment's Days Inventory declined from Dec. 2022 (1,864.95) to Dec. 2023 (391.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Liu Chong Hing Investment's Inventory Turnover for the six months ended in Dec. 2023 was 0.47.

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. Liu Chong Hing Investment's Inventory-to-Revenue for the six months ended in Dec. 2023 was 4.34.


Liu Chong Hing Investment Days Inventory Historical Data

The historical data trend for Liu Chong Hing Investment'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.

Liu Chong Hing Investment Days Inventory Chart

Liu Chong Hing Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 810.25 1,816.25 1,735.47 2,065.39 661.57

Liu Chong Hing Investment 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 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 1,535.78 2,284.40 1,864.95 2,311.56 391.00

Competitive Comparison of Liu Chong Hing Investment's Days Inventory

For the Real Estate - Development subindustry, Liu Chong Hing Investment'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.


Liu Chong Hing Investment's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Liu Chong Hing Investment's Days Inventory distribution charts can be found below:

* The bar in red indicates where Liu Chong Hing Investment's Days Inventory falls into.



Liu Chong Hing Investment Days Inventory Calculation

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

Liu Chong Hing Investment'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
=( (1863.145 + 1308.051) / 2 ) / 874.804*365
=1585.598 / 874.804*365
=661.57

Liu Chong Hing Investment'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
=( (1817.822 + 1308.051) / 2 ) / 729.496*365 / 2
=1562.9365 / 729.496*365 / 2
=391.00

* 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.


Liu Chong Hing Investment  (HKSE:00194) 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.

Liu Chong Hing Investment's Inventory Turnover for the six months ended in Dec. 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.

Liu Chong Hing Investment's Inventory to Revenue for the six months ended in Dec. 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.


Liu Chong Hing Investment Days Inventory Related Terms

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


Liu Chong Hing Investment (HKSE:00194) Business Description

Traded in Other Exchanges
N/A
Address
24 Des Voeux Road Central, 23rd Floor, Chong Hing Bank Centre, Hong Kong, HKG
Liu Chong Hing Investment Ltd is an investment holding company engaged in property investment and property development. It has six operating segments the Property Investment segment is engaged in the investment and leasing of properties; the Property Development segment is engaged in the development and sales of properties; the Property Management segment is engaged in the provision of property management services; Treasury Investment is engaged in dealing and investing in securities and other financial instruments; Trading and Manufacturing segment is engaged in the manufacture and wholesale of magnetic products; Hotel Operation segment is engaged in the operation and management of hotels, and it derives the maximum revenue from the Property investment segment.
Executives
Alba Holdings Limited 2101 Beneficial owner
Liu Lit Chi 2201 Interest of corporation controlled by you

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