Carnival Group International Holdings (HKSE:00996) Days Inventory : 37,513.27 (As of Jun. 2021)

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What is Carnival Group International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Carnival Group International Holdings's Average Total Inventories for the six months ended in Jun. 2021 was HK$4,101.59 Mil. Carnival Group International Holdings's Cost of Goods Sold for the six months ended in Jun. 2021 was HK$19.95 Mil. Hence, Carnival Group International Holdings's Days Inventory for the six months ended in Jun. 2021 was 37,513.27.

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

HKSE:00996's Days Inventory is not ranked ^*
in the Real Estate industry.
Industry Median: 698.185
* Ranked among companies with meaningful Days Inventory only.

Carnival Group International Holdings's Days Inventory increased from Jun. 2020 (26,059.32) to Jun. 2021 (37,513.27). It might indicate that Carnival Group International Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Carnival Group International Holdings's Inventory Turnover for the six months ended in Jun. 2021 was 0.00.

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. Carnival Group International Holdings's Inventory-to-Revenue for the six months ended in Jun. 2021 was 49.48.

Carnival Group International Holdings Days Inventory Historical Data

The historical data trend for Carnival Group International 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.

* Premium members only.

Carnival Group International Holdings Days Inventory Chart

Carnival Group International Holdings Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Inventory

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1,244.94

1,717.69

1,355.78

4,315.20

2,300.42

Carnival Group International Holdings Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Days Inventory	Get a 7-Day Free Trial															7,248.33	2,636.28	26,059.32	1,197.51	37,513.27

Competitive Comparison of Carnival Group International Holdings's Days Inventory

For the Real Estate - Development subindustry, Carnival Group International 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.

Carnival Group International Holdings's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Carnival Group International Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Carnival Group International Holdings's Days Inventory falls into.

Carnival Group International Holdings Days Inventory Calculation

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

Carnival Group International Holdings's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

	Days Inventory (A: Dec. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2019 )	+	Total Inventories (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (3843.422	+	4067.974)	/	2 )	/	627.638	*	365
=	3955.698					/	627.638	*	365
=	2,300.42

Carnival Group International Holdings's Days Inventory for the quarter that ended in Jun. 2021 is calculated as:

	Days Inventory (Q: Jun. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2020 )	+	Total Inventories (Q: Jun. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2021 )	*	Days in Period
=	( (4067.974	+	4135.202)	/	2 )	/	19.954	*	365 / 2
=	4101.588					/	19.954	*	365 / 2
=	37,513.27

Carnival Group International Holdings (HKSE:00996) 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.

Carnival Group International Holdings's Inventory Turnover for the six months ended in Jun. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	19.954	/	4101.588
	=	0.00

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.

Carnival Group International Holdings's Inventory to Revenue for the six months ended in Jun. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4101.588	/	82.902
	=	49.48

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.

Carnival Group International Holdings Days Inventory Related Terms

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

Carnival Group International Holdings (HKSE:00996) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Carnival Group International Holdings Ltd (HKSE:00996) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

61-65 Des Voeux Road, Suites 1106-08, 11th Floor, The Chinese Bank Building, Hong Kong, HKG

Website

http://www.0996.com.hk

Carnival Group International Holdings Ltd is an investment holding company. It operates through four segments namely Property development and investment segment, which is the key revenue driver, includes developing residential and commercial properties in the PRC and Hong Kong for sales and leasing; Trading and investment business includes investing in securities and financial instruments; Hotel operations including hotel accommodation, food and banquet operations; Others providing retail-related consultancy, management services, operating kids edutainment center, touring carnival and operating restaurants in Hong Kong.

Executives

Great Sharp International Limited	2106 Person having a security interest in shares
Qian Tiwei	2201 Interest of corporation controlled by you
Fresh Idea Ventures Limited	2106 Person having a security interest in shares
Huarong International Financial Holdings Limited	2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Chu Yuet Wah
Ample Cheer Limited	2201 Interest of corporation controlled by you
Kingston Finance Limited	2101 Beneficial owner
Better Joint Venture Limited
King Pak Fu
Elite Mile Investments Limited

Carnival Group International Holdings (HKSE:00996) Headlines

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