GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CK Asset Holdings Ltd (HKSE:01113) » Definitions » Days Inventory

CK Asset Holdings (HKSE:01113) Days Inventory : 2,223.75 (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is CK Asset Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CK Asset Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$132,402 Mil. CK Asset Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$10,866 Mil. Hence, CK Asset Holdings's Days Inventory for the six months ended in Dec. 2023 was 2,223.75.

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

HKSE:01113' s Days Inventory Range Over the Past 10 Years
Min: 1092.73   Med: 1776.84   Max: 2237.34
Current: 2207.19

During the past 12 years, CK Asset Holdings's highest Days Inventory was 2237.34. The lowest was 1092.73. And the median was 1776.84.

HKSE:01113's Days Inventory is ranked worse than
81.8% of 1324 companies
in the Real Estate industry
Industry Median: 692.115 vs HKSE:01113: 2207.19

CK Asset Holdings's Days Inventory declined from Dec. 2022 (2,696.12) to Dec. 2023 (2,223.75).

Inventory Turnover measures how fast the company turns over its inventory within a year. CK Asset Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 0.08.

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. CK Asset Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 5.85.


CK Asset Holdings Days Inventory Historical Data

The historical data trend for CK Asset 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.

CK Asset Holdings Days Inventory Chart

CK Asset Holdings 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 1,092.73 1,746.29 1,669.69 1,807.39 2,199.33

CK Asset Holdings 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 1,314.07 1,275.57 2,696.12 2,198.92 2,223.75

Competitive Comparison of CK Asset Holdings's Days Inventory

For the Real Estate - Development subindustry, CK Asset 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.


CK Asset Holdings's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where CK Asset Holdings's Days Inventory falls into.



CK Asset Holdings Days Inventory Calculation

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

CK Asset Holdings'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
=( (136446 + 130101) / 2 ) / 22118*365
=133273.5 / 22118*365
=2,199.33

CK Asset Holdings'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
=( (134702 + 130101) / 2 ) / 10866*365 / 2
=132401.5 / 10866*365 / 2
=2,223.75

* 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.


CK Asset Holdings  (HKSE:01113) 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.

CK Asset Holdings'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.

CK Asset Holdings'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.


CK Asset Holdings Days Inventory Related Terms

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


CK Asset Holdings (HKSE:01113) Business Description

Traded in Other Exchanges
Address
2 Queen’s Road Central, 7th Floor, Cheung Kong Center, Hong Kong, HKG
CK Asset Holdings Ltd is an investment holding company. The company has diverse activities encompassing property development and investment, hotel and serviced suite operation, property and project management, pub operation, and investment in infrastructure and utility asset operation.

CK Asset Holdings (HKSE:01113) Headlines

No Headlines