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Renaissance Asia Silk Road Group (HKSE:00274) Days Inventory : 0.00 (As of Sep. 2024)


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What is Renaissance Asia Silk Road Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Renaissance Asia Silk Road Group's Average Total Inventories for the six months ended in Sep. 2024 was HK$0.0 Mil. Renaissance Asia Silk Road Group's Cost of Goods Sold for the six months ended in Sep. 2024 was HK$327.2 Mil. Hence, Renaissance Asia Silk Road Group's Days Inventory for the six months ended in Sep. 2024 was 0.00.

The historical rank and industry rank for Renaissance Asia Silk Road Group's Days Inventory or its related term are showing as below:

During the past 13 years, Renaissance Asia Silk Road Group's highest Days Inventory was 150.34. The lowest was 8.54. And the median was 18.10.

HKSE:00274's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 86.53
* Ranked among companies with meaningful Days Inventory only.

Renaissance Asia Silk Road Group's Days Inventory stayed the same from Jun. 2023 (0.00) to Sep. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Renaissance Asia Silk Road Group's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.00.


Renaissance Asia Silk Road Group Days Inventory Historical Data

The historical data trend for Renaissance Asia Silk Road 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.

Renaissance Asia Silk Road Group Days Inventory Chart

Renaissance Asia Silk Road Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.54 - - - -

Renaissance Asia Silk Road Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Sep24
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 4.61 1.91 - - -

Competitive Comparison of Renaissance Asia Silk Road Group's Days Inventory

For the Gold subindustry, Renaissance Asia Silk Road 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.


Renaissance Asia Silk Road Group's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Renaissance Asia Silk Road Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Renaissance Asia Silk Road Group's Days Inventory falls into.



Renaissance Asia Silk Road Group Days Inventory Calculation

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

Renaissance Asia Silk Road Group's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 137.343*365
=0 / 137.343*365
=0.00

Renaissance Asia Silk Road Group'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: Dec. 2023 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 327.202*365 / 2
=0 / 327.202*365 / 2
=0.00

* 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.


Renaissance Asia Silk Road Group  (HKSE:00274) 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.

Renaissance Asia Silk Road Group's Inventory Turnover for the six months ended in Sep. 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.

Renaissance Asia Silk Road Group's Inventory to Revenue for the six months ended in Sep. 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.


Renaissance Asia Silk Road Group Days Inventory Related Terms

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


Renaissance Asia Silk Road Group Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Room 1208, 12th Floor, West Tower, Shun Tak Centre, Hong Kong, HKG
Renaissance Asia Silk Road Group Ltd, formerly China Billion Resources Ltd is an investment holding company. It operates through operating segments: Mining Products, which generates the majority of revenue; and Trading & wholesale. The Mining Products segment engages in gold mining, exploration, and trading of gold products. The Trading & wholesale segment is engaged in the trading of coal and wholesale & trading of frozen meat.
Executives
Du Huiyan 2201 Interest of corporation controlled by you
China Zhongsheng Investment Limited 2101 Beneficial owner
Reconstruction Capital Group Limited 2101 Beneficial owner
Sun Guiling 2201 Interest of corporation controlled by you
Wang Song 2201 Interest of corporation controlled by you
Zhang Jiaxin 2101 Beneficial owner
Excellent Shine Capital Limited 2101 Beneficial owner
Wang Huimin 2201 Interest of corporation controlled by you
Xu Huiqiang 2201 Interest of corporation controlled by you
Wang Yajun 2201 Interest of corporation controlled by you
Everbright Fortune Company Limited 2101 Beneficial owner
Mu Yongjie 2101 Beneficial owner
Ng Chikong 2101 Beneficial owner
Wang Juan 2101 Beneficial owner
Li Tiejian 2101 Beneficial owner

Renaissance Asia Silk Road Group Headlines

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