Yuexiu Real Estate Investment Trust (HKSE:00405) Days Inventory : 2.36 (As of Dec. 2023)

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What is Yuexiu Real Estate Investment Trust Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yuexiu Real Estate Investment Trust's Average Total Inventories for the six months ended in Dec. 2023 was HK$3 Mil. Yuexiu Real Estate Investment Trust's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$249 Mil. Hence, Yuexiu Real Estate Investment Trust's Days Inventory for the six months ended in Dec. 2023 was 2.36.

The historical rank and industry rank for Yuexiu Real Estate Investment Trust's Days Inventory or its related term are showing as below:

HKSE:00405' s Days Inventory Range Over the Past 10 Years
Min: 2.63 Med: 4.24 Max: 5.56
Current: 2.63

During the past 13 years, Yuexiu Real Estate Investment Trust's highest Days Inventory was 5.56. The lowest was 2.63. And the median was 4.24.

HKSE:00405's Days Inventory is ranked better than
88.19% of 144 companies
in the REITs industry
Industry Median: 84.855 vs HKSE:00405: 2.63

Yuexiu Real Estate Investment Trust's Days Inventory declined from Dec. 2022 (3.01) to Dec. 2023 (2.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. Yuexiu Real Estate Investment Trust's Inventory Turnover for the six months ended in Dec. 2023 was 77.36.

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. Yuexiu Real Estate Investment Trust's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Yuexiu Real Estate Investment Trust Days Inventory Historical Data

The historical data trend for Yuexiu Real Estate Investment Trust'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.

Yuexiu Real Estate Investment Trust Days Inventory Chart

Yuexiu Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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4.16

5.56

4.31

3.50

2.71

Yuexiu Real Estate Investment Trust 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															4.10	3.42	3.01	2.85	2.36

Competitive Comparison of Yuexiu Real Estate Investment Trust's Days Inventory

For the REIT - Office subindustry, Yuexiu Real Estate Investment Trust'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.

Yuexiu Real Estate Investment Trust's Days Inventory Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Yuexiu Real Estate Investment Trust's Days Inventory distribution charts can be found below:

* The bar in red indicates where Yuexiu Real Estate Investment Trust's Days Inventory falls into.

Yuexiu Real Estate Investment Trust Days Inventory Calculation

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

Yuexiu Real Estate Investment Trust'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
=	( (3.439	+	3.366)	/	2 )	/	457.984	*	365
=	3.4025					/	457.984	*	365
=	2.71

Yuexiu Real Estate Investment Trust'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
=	( (3.078	+	3.366)	/	2 )	/	249.263	*	365 / 2
=	3.222					/	249.263	*	365 / 2
=	2.36

Yuexiu Real Estate Investment Trust (HKSE:00405) 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.

Yuexiu Real Estate Investment Trust's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	249.263	/	3.222
	=	77.36

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.

Yuexiu Real Estate Investment Trust's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.222	/	1122.207
	=	0.00

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.

Yuexiu Real Estate Investment Trust Days Inventory Related Terms

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

Yuexiu Real Estate Investment Trust (HKSE:00405) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Yuexiu Real Estate Investment Trust (HKSE:00405) » Definitions » Days Inventory

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Traded in Other Exchanges

D3N:Germany

Address

160 Lockhart Road, Flat B, 17th Floor, Yue Xiu Building, Wanchai, HKG

Website

https://www.yuexiureit.com

Yuexiu Real Estate Investment Trust invests in office, retail, and other commercial properties in the People's Republic of China. The company's portfolio consists of properties located in the central business district of Guangzhou and Shanghai. The types of properties include clothing markets, office buildings, retail centers, hotels, and serviced apartments. The company operates in three main segments: Hotel & Serviced apartments, Office rental, and Wholesale & shopping malls. Hotel and serviced apartments offer room rentals and food and beverages. Office rental and wholesale and shopping malls include the revenue from leasing these properties. All of its revenue comes from China.

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