Chinese People Holdings Co (HKSE:00681) Days Inventory : 9.19 (As of Dec. 2023)

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What is Chinese People Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chinese People Holdings Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$59 Mil. Chinese People Holdings Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,180 Mil. Hence, Chinese People Holdings Co's Days Inventory for the six months ended in Dec. 2023 was 9.19.

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

HKSE:00681' s Days Inventory Range Over the Past 10 Years
Min: 7.08 Med: 8.92 Max: 12.69
Current: 8.77

During the past 13 years, Chinese People Holdings Co's highest Days Inventory was 12.69. The lowest was 7.08. And the median was 8.92.

HKSE:00681's Days Inventory is ranked better than
74.46% of 462 companies
in the Utilities - Regulated industry
Industry Median: 23.41 vs HKSE:00681: 8.77

Chinese People Holdings Co's Days Inventory increased from Dec. 2022 (8.33) to Dec. 2023 (9.19). It might indicate that Chinese People Holdings Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chinese People Holdings Co's Inventory Turnover for the six months ended in Dec. 2023 was 19.87.

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. Chinese People Holdings Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.04.

Chinese People Holdings Co Days Inventory Historical Data

The historical data trend for Chinese People Holdings Co'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.

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Chinese People Holdings Co Days Inventory Chart

Chinese People Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Days Inventory

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8.66

9.18

7.08

7.42

8.04

Chinese People Holdings Co Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															6.69	7.98	8.33	9.07	9.19

Competitive Comparison of Chinese People Holdings Co's Days Inventory

For the Utilities - Regulated Gas subindustry, Chinese People Holdings Co'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.

Chinese People Holdings Co's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Chinese People Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Chinese People Holdings Co's Days Inventory falls into.

Chinese People Holdings Co Days Inventory Calculation

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

Chinese People Holdings Co'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
=	( (54.635	+	51.444)	/	2 )	/	2407.331	*	365
=	53.0395					/	2407.331	*	365
=	8.04

Chinese People Holdings Co'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
=	( (67.368	+	51.444)	/	2 )	/	1180.109	*	365 / 2
=	59.406					/	1180.109	*	365 / 2
=	9.19

Chinese People Holdings Co (HKSE:00681) 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.

Chinese People Holdings Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1180.109	/	59.406
	=	19.87

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.

Chinese People Holdings Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	59.406	/	1342.879
	=	0.04

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.

Chinese People Holdings Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Chinese People Holdings Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Chinese People Holdings Co (HKSE:00681) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Chinese People Holdings Co Ltd (HKSE:00681) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

KEH:Germany

Address

No. 2 Jingyuan North Street, No. 36 BDA International Business Park, Economic Technological Development Area, Beijing, CHN

Website

http://www.681hk.com

Chinese People Holdings Co Ltd is an investment holding company. Its segments are Piped gas transmission & distribution, which is into sales of piped gas and construction of gas pipeline networks under gas connection contracts; Cylinder gas supply segment includes sales and distribution of gas using tank containers to end-user households, industrial and commercial customers; Gas distribution segment is into sales of natural gas to industrial and commercial customers; and FMCG & food ingredients supply which is into wholesales and retail of merchandise through supermarkets and convenience stores. Geographically, it derives revenue from China.

Executives

Renown City Holdings Limited	2201 Interest of corporation controlled by you
Civios Group Limited	2201 Interest of corporation controlled by you
Mo Shikang	2201 Interest of corporation controlled by you
Mo Yunbi	2201 Interest of corporation controlled by you
Lofty Key Limited	2101 Beneficial owner
Ping Da Fa Zhan You Xian Gong Si	2201 Interest of corporation controlled by you

Chinese People Holdings Co (HKSE:00681) Headlines

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