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Chinney Investments (HKSE:00216) Days Inventory : 858.96 (As of Sep. 2023)


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What is Chinney Investments Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chinney Investments's Average Total Inventories for the six months ended in Sep. 2023 was HK$1,335 Mil. Chinney Investments's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$284 Mil. Hence, Chinney Investments's Days Inventory for the six months ended in Sep. 2023 was 858.96.

The historical rank and industry rank for Chinney Investments's Days Inventory or its related term are showing as below:

HKSE:00216' s Days Inventory Range Over the Past 10 Years
Min: 1.49   Med: 1060.54   Max: 2892.42
Current: 1088.21

During the past 13 years, Chinney Investments's highest Days Inventory was 2892.42. The lowest was 1.49. And the median was 1060.54.

HKSE:00216's Days Inventory is ranked worse than
63.08% of 1319 companies
in the Real Estate industry
Industry Median: 699.54 vs HKSE:00216: 1088.21

Chinney Investments's Days Inventory declined from Sep. 2022 (1,197.40) to Sep. 2023 (858.96).

Inventory Turnover measures how fast the company turns over its inventory within a year. Chinney Investments's Inventory Turnover for the six months ended in Sep. 2023 was 0.21.

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. Chinney Investments's Inventory-to-Revenue for the six months ended in Sep. 2023 was 2.05.


Chinney Investments Days Inventory Historical Data

The historical data trend for Chinney Investments'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.

Chinney Investments Days Inventory Chart

Chinney Investments Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,142.29 2,892.42 1,198.54 1,444.52 1,244.37

Chinney Investments Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 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 1,482.77 1,441.84 1,197.40 1,370.80 858.96

Competitive Comparison of Chinney Investments's Days Inventory

For the Real Estate - Development subindustry, Chinney Investments'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.


Chinney Investments's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Chinney Investments's Days Inventory distribution charts can be found below:

* The bar in red indicates where Chinney Investments's Days Inventory falls into.



Chinney Investments Days Inventory Calculation

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

Chinney Investments'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
=( (1957.931 + 1422.423) / 2 ) / 495.765*365
=1690.177 / 495.765*365
=1,244.37

Chinney Investments'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
=( (1422.423 + 1248.316) / 2 ) / 283.72*365 / 2
=1335.3695 / 283.72*365 / 2
=858.96

* 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.


Chinney Investments  (HKSE:00216) 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.

Chinney Investments'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.

Chinney Investments'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.


Chinney Investments Days Inventory Related Terms

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


Chinney Investments (HKSE:00216) Business Description

Traded in Other Exchanges
N/A
Address
111 Connaught Road Central, 23rd Floor, Wing On Centre, Hong Kong, HKG
Chinney Investments Ltd is a Hong Kong-based investment holding company. The company's operating segment include Property development; Property investment and Property, carpark management and others. Property development segment develops properties for sale. The Property Investment segment holds investment properties for development and generates rental income. It generates maximum revenue from the Property development segment. Geographically, it derives a majority of revenue from Mainland China and also has a presence in Hong Kong.
Executives
Chinney Holdings Limited 2101 Beneficial owner
Lucky Year Finance Limited 2201 Interest of corporation controlled by you
Wong Sai Wing, James 2201 Interest of corporation controlled by you

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