Central Development Holdings (HKSE:00475) Days Inventory: 32.01 (As of Mar. 2026) — 325% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:00475 Central Development Holdings Ltd HKSE:00475
18 GF Score
Price HK$0.41
GF Value HK$0.26
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Central Development Holdings Days Inventory?

Central Development Holdings HKSE:00475 18 Days Inventory is 32.01 as of Mar. 2026, which is 325% above its 10-year median of 7.54. GuruFocus rates HKSE:00475 with a GF Score™ of 18/100 and a GF Value™ of HK$0.26 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 683 Oil & Gas companies, Central Development Holdings ranks better than 62.81% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Central Development Holdings's Average Total Inventories for the six months ended in Mar. 2026 was HK$5.8 Mil. Central Development Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$33.3 Mil. Hence, Central Development Holdings's Days Inventory for the six months ended in Mar. 2026 was 32.01.

The historical rank and industry rank for Central Development Holdings's Days Inventory or its related term are showing as below:

HKSE:00475' s Days Inventory Range Over the Past 10 Years
Min: 4.53   Med: 7.54   Max: 46.2
Current: 20.09

During the past 13 years, Central Development Holdings's highest Days Inventory was 46.20. The lowest was 4.53. And the median was 7.54.

HKSE:00475's Days Inventory is ranked better than
62.81% of 683 companies
in the Oil & Gas industry
Industry Median: 30.99 vs HKSE:00475: 20.09

Central Development Holdings's Days Inventory increased from Mar. 2025 (5.51) to Mar. 2026 (32.01). It might indicate that Central Development Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Central Development Holdings's Inventory Turnover for the six months ended in Mar. 2026 was 5.70.

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. Central Development Holdings's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.16.


Central Development Holdings  (HKSE:00475) 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.

Central Development Holdings's Inventory Turnover for the six months ended in Mar. 2026 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.

Central Development Holdings's Inventory to Revenue for the six months ended in Mar. 2026 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.


Central Development Holdings Days Inventory Related Terms


Central Development Holdings Days Inventory Historical Data

* Premium members only.

The historical data trend for Central Development Holdings'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.

Central Development Holdings Days Inventory Chart

Central Development Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.40 5.35 5.18 5.94 20.47

Central Development Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 5.14 7.40 5.51 13.57 32.01

HKSE:00475 vs MPC, VLO, PSX: Days Inventory Comparison

For the Oil & Gas Refining & Marketing subindustry, Central Development Holdings'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.


Central Development Holdings Days Inventory vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Central Development Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Central Development Holdings's Days Inventory falls into.


HKSE:00475
18GF Score
Central Development Holdings Ltd HKSE:00475
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Central Development Holdings Days Inventory Calculation

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

Central Development Holdings's Days Inventory for the fiscal year that ended in Mar. 2026 is calculated as

Days Inventory (A: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (4.351 + 6.553) / 2 ) / 97.205*365
=5.452 / 97.205*365
=20.47

Central Development Holdings's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (5.146 + 6.553) / 2 ) / 33.349*365 / 2
=5.8495 / 33.349*365 / 2
=32.01

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 32.01 mean?
Central Development Holdings (HKSE:00475) has a Days Inventory of 32.01 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Central Development Holdings and its competitors. This is 325% above median its historical median of 7.54. Over the past decade, Central Development Holdings' Days Inventory has ranged from 4.53 to 46.20. According to the industry distribution chart, Central Development Holdings ranks #254 out of 683 companies in the Oil & Gas industry, placing it in the top 37.2%.
Is Central Development Holdings' Days Inventory too high?
Central Development Holdings' current Days Inventory of 32.01 is 325% above median its 10-year median of 7.54. Over the past 10 years, this metric has ranged from a low of 4.53 to a high of 46.20. The Oil & Gas industry median Days Inventory is 30.99. Central Development Holdings' value of 32.01 is 3.3% above this industry median. Based on the distribution chart, Central Development Holdings ranks #254 out of 683 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Central Development Holdings has a GF Score™ of 18/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Central Development Holdings' Days Inventory compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Central Development Holdings ranks #254 out of 683 companies for Days Inventory. This puts Central Development Holdings in the upper half of its industry. The industry median Days Inventory is 30.99. Central Development Holdings' value of 32.01 is 3.3% above this benchmark. Historically, Central Development Holdings' own Days Inventory has ranged from 4.53 to 46.20 over the past decade. While the company's 10-year median is 7.54 vs. the industry median of 30.99, Central Development Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 30.99, based on 683 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Central Development Holdings's current Days Inventory of 32.01 is 3.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Central Development Holdings and its competitors. For the Oil & Gas industry, the median Days Inventory is 30.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Development Holdings's current Days Inventory is 32.01, which is 325% above median its own 10-year median of 7.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Development Holdings stock overvalued right now?
Based on GuruFocus' analysis, Central Development Holdings (HKSE:00475) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.26, compared to a current price of HK$0.41 — trading 57.7% above its estimated fair value. The current Days Inventory is 32.01, which is 325% above median its 10-year median of 7.54 and 3.3% above the Oil & Gas industry median of 30.99. Central Development Holdings' overall GF Score™ is 18/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Central Development Holdings (HKSE:00475), the current Days Inventory is 32.01 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Central Development Holdings (HKSE:00475) Overvalued in 2026?

Based on GuruFocus' analysis, Central Development Holdings stock appears to be overvalued. The current stock price of HK$0.41 is trading 57.7% above its estimated GF Value™ of HK$0.26. GuruFocus considers Central Development Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:00475:

  • Days Inventory: 32.01 (325% above median its 10-year median of 7.54)
  • GF Value™: HK$0.26 vs. price of HK$0.41 (57.7% above fair value)
  • GF Score™: 18/100 with 3 warning signs
  • Industry Position: 3.3% above the Oil & Gas median (#254 of 683)

No single metric tells the full story. See the HKSE:00475 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Central Development Holdings Business Description

Industry EnergyOil & Gas
Address 178 Gloucester Road, Room 2202, 22nd Floor, Wanchai, Chinachem Century Tower, Hong Kong, HKG
Central Development Holdings Ltd is principally engaged in the Jewelry business and Solar energy business segments. The Jewelry business segment involves the wholesale of jewelry. Its Energy Business segment is principally engaged in the manufacturing and sales of solar cooling intelligent technology products using thermal cooling-stored pipes and sales of solar photovoltaic modules and components, as well as sales of refined oil and sales of liquefied natural gas (LNG). The company generates maximum revenue from the Energy segment. Geographically, it derives a majority of its revenue from the PRC.
18GF Score

Get the complete analysis for HKSE:00475

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.41
Price
HK$0.26
GF Value