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Tsim Sha Tsui Properties (HKSE:00247) Days Inventory : 1,201.59 (As of Jun. 2024)


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What is Tsim Sha Tsui Properties Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tsim Sha Tsui Properties's Average Total Inventories for the six months ended in Jun. 2024 was HK$15,487 Mil. Tsim Sha Tsui Properties's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$2,352 Mil. Hence, Tsim Sha Tsui Properties's Days Inventory for the six months ended in Jun. 2024 was 1,201.59.

The historical rank and industry rank for Tsim Sha Tsui Properties's Days Inventory or its related term are showing as below:

HKSE:00247' s Days Inventory Range Over the Past 10 Years
Min: 651.3   Med: 1093.69   Max: 4337.71
Current: 1073.2

During the past 13 years, Tsim Sha Tsui Properties's highest Days Inventory was 4337.71. The lowest was 651.30. And the median was 1093.69.

HKSE:00247's Days Inventory is ranked worse than
61.6% of 1310 companies
in the Real Estate industry
Industry Median: 687.065 vs HKSE:00247: 1073.20

Tsim Sha Tsui Properties's Days Inventory increased from Jun. 2023 (1,029.36) to Jun. 2024 (1,201.59). It might indicate that Tsim Sha Tsui Properties's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tsim Sha Tsui Properties's Inventory Turnover for the six months ended in Jun. 2024 was 0.15.

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. Tsim Sha Tsui Properties's Inventory-to-Revenue for the six months ended in Jun. 2024 was 4.00.


Tsim Sha Tsui Properties Days Inventory Historical Data

The historical data trend for Tsim Sha Tsui Properties'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.

Tsim Sha Tsui Properties Days Inventory Chart

Tsim Sha Tsui Properties Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,337.71 896.85 1,088.78 1,034.02 1,098.60

Tsim Sha Tsui Properties Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1,912.53 925.01 1,029.36 950.91 1,201.59

Competitive Comparison of Tsim Sha Tsui Properties's Days Inventory

For the Real Estate - Development subindustry, Tsim Sha Tsui Properties'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.


Tsim Sha Tsui Properties's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tsim Sha Tsui Properties's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tsim Sha Tsui Properties's Days Inventory falls into.



Tsim Sha Tsui Properties Days Inventory Calculation

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

Tsim Sha Tsui Properties's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (16483 + 15903) / 2 ) / 5380*365
=16193 / 5380*365
=1,098.60

Tsim Sha Tsui Properties's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (15070.052 + 15903) / 2 ) / 2352.134*365 / 2
=15486.526 / 2352.134*365 / 2
=1,201.59

* 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.


Tsim Sha Tsui Properties  (HKSE:00247) 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.

Tsim Sha Tsui Properties's Inventory Turnover for the six months ended in Jun. 2024 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.

Tsim Sha Tsui Properties's Inventory to Revenue for the six months ended in Jun. 2024 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.


Tsim Sha Tsui Properties Days Inventory Related Terms

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


Tsim Sha Tsui Properties Business Description

Traded in Other Exchanges
N/A
Address
Salisbury Road, 12th Floor, Tsim Sha Tsui Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Tsim Sha Tsui Properties Ltd is in the business of developing properties for sale and investment. The firm's portfolio consists of residential properties, offices, car parks, industrial buildings, and Shopping malls. It also provides property services such as property management, car park management, cleaning, environmental services, security services, etc. The company has Property sales, property rental, Property management, and other services, Hotel operations, Investments in securities, and Financing operating segments. It generates maximum revenue from the Property sales segment.
Executives
Tamworth Investment Limited 2101 Beneficial owner
Fanlight Investment Limited 2101 Beneficial owner
Ng Chee Siong 2304 Executor or administrator
Ng Chee Tat, Philip 2304 Executor or administrator

Tsim Sha Tsui Properties Headlines

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