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China Infrastructure Investment (HKSE:00600) Days Inventory : 26.08 (As of Dec. 2023)


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What is China Infrastructure Investment Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Infrastructure Investment's Average Total Inventories for the six months ended in Dec. 2023 was HK$1.31 Mil. China Infrastructure Investment's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$9.20 Mil. Hence, China Infrastructure Investment's Days Inventory for the six months ended in Dec. 2023 was 26.08.

The historical rank and industry rank for China Infrastructure Investment's Days Inventory or its related term are showing as below:

HKSE:00600' s Days Inventory Range Over the Past 10 Years
Min: 0.5   Med: 0.96   Max: 51.24
Current: 51.24

During the past 13 years, China Infrastructure Investment's highest Days Inventory was 51.24. The lowest was 0.50. And the median was 0.96.

HKSE:00600's Days Inventory is not ranked
in the Oil & Gas industry.
Industry Median: 31.94 vs HKSE:00600: 51.24

China Infrastructure Investment's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (26.08). It might indicate that China Infrastructure Investment's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Infrastructure Investment's Inventory Turnover for the six months ended in Dec. 2023 was 7.00.

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. China Infrastructure Investment's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.12.


China Infrastructure Investment Days Inventory Historical Data

The historical data trend for China Infrastructure Investment'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.

China Infrastructure Investment Days Inventory Chart

China Infrastructure Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 51.24

China Infrastructure Investment 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 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 - - - - 26.08

Competitive Comparison of China Infrastructure Investment's Days Inventory

For the Oil & Gas Equipment & Services subindustry, China Infrastructure Investment'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.


China Infrastructure Investment's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Infrastructure Investment's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Infrastructure Investment's Days Inventory falls into.



China Infrastructure Investment Days Inventory Calculation

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

China Infrastructure Investment'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
=( (0 + 1.314) / 1 ) / 9.36*365
=1.314 / 9.36*365
=51.24

China Infrastructure Investment'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
=( (0 + 1.314) / 1 ) / 9.196*365 / 2
=1.314 / 9.196*365 / 2
=26.08

* 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.


China Infrastructure Investment  (HKSE:00600) 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.

China Infrastructure Investment's Inventory Turnover for the six months ended in Dec. 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.

China Infrastructure Investment's Inventory to Revenue for the six months ended in Dec. 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.


China Infrastructure Investment Days Inventory Related Terms

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


China Infrastructure Investment (HKSE:00600) Business Description

Traded in Other Exchanges
N/A
Address
5 Canton Road, Suite 607, 6th Floor, Ocean Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
China Infrastructure Investment Ltd operates as an investment holding company. It operates through the following segments: Properties Investment, Natural Gas, and Investment Holding. The Properties Investment segment engages in rental income from investment properties. The Natural Gas segment engages in sales of natural pipelined gases and its construction materials. The Investment Holding segment offers investment in associates on a geographical basis. It derives key revenue from the Properties Investment, segment. The group operates in China.
Executives
Wang Dade 2101 Beneficial owner
Central Huijin Investment Ltd. 2106 Person having a security interest in shares
China Construction Bank Corporation 2106 Person having a security interest in shares
Legendary Base International Limited 2101 Beneficial owner
Ye De Chao 2201 Interest of corporation controlled by you

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