Zhong Jia Guo Xin Holdings Co (HKSE:00899) Days Inventory : 5,430.01 (As of Sep. 2023)

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What is Zhong Jia Guo Xin Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhong Jia Guo Xin Holdings Co's Average Total Inventories for the six months ended in Sep. 2023 was HK$64.51 Mil. Zhong Jia Guo Xin Holdings Co's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$2.17 Mil. Hence, Zhong Jia Guo Xin Holdings Co's Days Inventory for the six months ended in Sep. 2023 was 5,430.01.

The historical rank and industry rank for Zhong Jia Guo Xin Holdings Co's Days Inventory or its related term are showing as below:

HKSE:00899' s Days Inventory Range Over the Past 10 Years
Min: 125.82 Med: 6021.97 Max: 20883.01
Current: 11431.4

During the past 13 years, Zhong Jia Guo Xin Holdings Co's highest Days Inventory was 20883.01. The lowest was 125.82. And the median was 6021.97.

HKSE:00899's Days Inventory is ranked worse than
96.89% of 1320 companies
in the Real Estate industry
Industry Median: 699.07 vs HKSE:00899: 11431.40

Zhong Jia Guo Xin Holdings Co's Days Inventory increased from Sep. 2022 (3,373.55) to Sep. 2023 (5,430.01). It might indicate that Zhong Jia Guo Xin Holdings Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhong Jia Guo Xin Holdings Co's Inventory Turnover for the six months ended in Sep. 2023 was 0.03.

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. Zhong Jia Guo Xin Holdings Co's Inventory-to-Revenue for the six months ended in Sep. 2023 was 8.51.

Zhong Jia Guo Xin Holdings Co Days Inventory Historical Data

The historical data trend for Zhong Jia Guo Xin 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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Zhong Jia Guo Xin Holdings Co Days Inventory Chart

Zhong Jia Guo Xin Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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8,394.06

557.46

5,044.37

20,883.01

6,999.57

Zhong Jia Guo Xin Holdings Co Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial															12,662.37	774,117.60	3,373.55	-	5,430.01

Competitive Comparison of Zhong Jia Guo Xin Holdings Co's Days Inventory

For the Real Estate - Diversified subindustry, Zhong Jia Guo Xin 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.

Zhong Jia Guo Xin Holdings Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhong Jia Guo Xin Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhong Jia Guo Xin Holdings Co's Days Inventory falls into.

Zhong Jia Guo Xin Holdings Co Days Inventory Calculation

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

Zhong Jia Guo Xin Holdings Co's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0	+	67.1)	/	1 )	/	3.499	*	365
=	67.1					/	3.499	*	365
=	6,999.57

Zhong Jia Guo Xin Holdings Co's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (67.1	+	61.911)	/	2 )	/	2.168	*	365 / 2
=	64.5055					/	2.168	*	365 / 2
=	5,430.01

Zhong Jia Guo Xin Holdings Co (HKSE:00899) 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.

Zhong Jia Guo Xin Holdings Co's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.168	/	64.5055
	=	0.03

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.

Zhong Jia Guo Xin Holdings Co's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	64.5055	/	7.584
	=	8.51

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.

Zhong Jia Guo Xin Holdings Co Days Inventory Related Terms

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

Zhong Jia Guo Xin Holdings Co (HKSE:00899) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhong Jia Guo Xin Holdings Co Ltd (HKSE:00899) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Connaught Road Central, Room 2601, 26th Floor, West Tower, Shun Tak Centre, Sheung Wan, Hong Kong, HKG, 168-200

Website

http://www.asiaresources899.com.hk

Zhong Jia Guo Xin Holdings Co Ltd is an investment holding company. The company's principle activities include mining business, water business, property development and property investments.

Executives

Green Deer Holdings Limited	2101 Beneficial owner
Lam Pik Lam	2201 Interest of corporation controlled by you
Liang Shulian	2101 Beneficial owner
Full Tenda Development Limited	2101 Beneficial owner
Yao Jigen	2201 Interest of corporation controlled by you
Li Yuguo	2101 Beneficial owner

Zhong Jia Guo Xin Holdings Co (HKSE:00899) Headlines

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