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Zhuguang Holdings Group Co (HKSE:01176) Days Inventory : 6,210.66 (As of Dec. 2023)


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What is Zhuguang Holdings Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhuguang Holdings Group Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$12,931 Mil. Zhuguang Holdings Group Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$380 Mil. Hence, Zhuguang Holdings Group Co's Days Inventory for the six months ended in Dec. 2023 was 6,210.66.

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

HKSE:01176' s Days Inventory Range Over the Past 10 Years
Min: 603.83   Med: 1491.36   Max: 7901
Current: 7863.82

During the past 13 years, Zhuguang Holdings Group Co's highest Days Inventory was 7901.00. The lowest was 603.83. And the median was 1491.36.

HKSE:01176's Days Inventory is ranked worse than
94.59% of 1330 companies
in the Real Estate industry
Industry Median: 699.495 vs HKSE:01176: 7863.82

Zhuguang Holdings Group Co's Days Inventory increased from Dec. 2022 (4,021.66) to Dec. 2023 (6,210.66). It might indicate that Zhuguang Holdings Group Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhuguang Holdings Group Co's Inventory Turnover for the six months ended in Dec. 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. Zhuguang Holdings Group Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 11.94.


Zhuguang Holdings Group Co Days Inventory Historical Data

The historical data trend for Zhuguang Holdings Group 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.

* Premium members only.

Zhuguang Holdings Group Co Days Inventory Chart

Zhuguang Holdings Group Co 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 1,311.95 603.83 4,687.59 5,665.99 7,901.00

Zhuguang Holdings Group Co 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 8,493.01 9,494.87 4,021.66 10,640.83 6,210.66

Competitive Comparison of Zhuguang Holdings Group Co's Days Inventory

For the Real Estate Services subindustry, Zhuguang Holdings Group 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.


Zhuguang Holdings Group Co's Days Inventory Distribution in the Real Estate Industry

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

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



Zhuguang Holdings Group Co Days Inventory Calculation

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

Zhuguang Holdings Group 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
=( (13057.438 + 13011.691) / 2 ) / 602.154*365
=13034.5645 / 602.154*365
=7,901.00

Zhuguang Holdings Group 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
=( (12850.575 + 13011.691) / 2 ) / 379.981*365 / 2
=12931.133 / 379.981*365 / 2
=6,210.66

* 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.


Zhuguang Holdings Group Co  (HKSE:01176) 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.

Zhuguang Holdings Group Co'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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=12931.133 / 1083.429
=11.94

* 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.


Zhuguang Holdings Group Co Days Inventory Related Terms

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


Zhuguang Holdings Group Co (HKSE:01176) Business Description

Traded in Other Exchanges
N/A
Address
8 Finance Street, Room 5702-5703, 57th Floor, Two International Finance Centre, Central, Hong Kong, HKG
Zhuguang Holdings Group Co Ltd engages in property development, property investment, project management, and other property development related services in the People's Republic of China. The company's core investment projects take place in tier-one and tier-two cities in China. The group's key projects include Zhuguang Yujing Scenic Garden, Pearl Yijing, Pearl Tianhu Yujing Garden, Zhuguang Financial Town One, Pearl Xincheng Yujing, and many others. The sale of properties from the Property Development Segment are responsible for most of the company's revenue. The company earns its revenue in both Hong Kong and Mainland China.

Zhuguang Holdings Group Co (HKSE:01176) Headlines

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