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China Environmental Resources Group (HKSE:01130) Days Inventory : 237.14 (As of Dec. 2024)


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What is China Environmental Resources Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Environmental Resources Group's Average Total Inventories for the six months ended in Dec. 2024 was HK$30.39 Mil. China Environmental Resources Group's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$23.39 Mil. Hence, China Environmental Resources Group's Days Inventory for the six months ended in Dec. 2024 was 237.14.

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

HKSE:01130' s Days Inventory Range Over the Past 10 Years
Min: 50.6   Med: 151.22   Max: 592.54
Current: 196.17

During the past 13 years, China Environmental Resources Group's highest Days Inventory was 592.54. The lowest was 50.60. And the median was 151.22.

HKSE:01130's Days Inventory is ranked worse than
90.58% of 1274 companies
in the Vehicles & Parts industry
Industry Median: 80.74 vs HKSE:01130: 196.17

China Environmental Resources Group's Days Inventory increased from Dec. 2023 (188.50) to Dec. 2024 (237.14). It might indicate that China Environmental Resources Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Environmental Resources Group's Inventory Turnover for the six months ended in Dec. 2024 was 0.77.

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 Environmental Resources Group's Inventory-to-Revenue for the six months ended in Dec. 2024 was 1.02.


China Environmental Resources Group Days Inventory Historical Data

The historical data trend for China Environmental Resources Group'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 Environmental Resources Group Days Inventory Chart

China Environmental Resources Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 148.17 151.22 139.07 165.98 176.62

China Environmental Resources Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 142.04 161.89 188.50 164.65 237.14

Competitive Comparison of China Environmental Resources Group's Days Inventory

For the Auto & Truck Dealerships subindustry, China Environmental Resources Group'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 Environmental Resources Group's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Environmental Resources Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Environmental Resources Group's Days Inventory falls into.


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China Environmental Resources Group Days Inventory Calculation

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

China Environmental Resources Group's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (33.445 + 29.549) / 2 ) / 65.093*365
=31.497 / 65.093*365
=176.62

China Environmental Resources Group's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (29.549 + 31.232) / 2 ) / 23.388*365 / 2
=30.3905 / 23.388*365 / 2
=237.14

* 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 Environmental Resources Group  (HKSE:01130) 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 Environmental Resources Group's Inventory Turnover for the six months ended in Dec. 2024 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 Environmental Resources Group's Inventory to Revenue for the six months ended in Dec. 2024 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 Environmental Resources Group Days Inventory Related Terms

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


China Environmental Resources Group Business Description

Traded in Other Exchanges
Address
No. 1 Science Museum Road, Room 2608, 26th Floor, Greenfield Tower, Concordia Plaza, Tsim Sha Tsui East Kowloon, Hong Kong, HKG
China Environmental Resources Group Ltd is an investment holding company. It has seven reportable segments: Trading of recycled metals; Trading of motor vehicles and related accessories; Property investment; Provision of financial services; Securities trading and investment; Sales of plantation materials and products; and Provision of finance lease services. It has geographic operations in the PRC, Hong Kong, Nepal, and Macau. It derives a vast majority of the revenues from the trading of motor vehicles and related accessories segment within Hong Kong.
Executives
Yeung Chi Hang 2101 Beneficial owner
Cheung Wai Fung 2201 Interest of corporation controlled by you
Kwai Sze Hoi 2201 Interest of corporation controlled by you
Ocean Line Holdings Limited 2101 Beneficial owner

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