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Wang On Properties (HKSE:01243) Days Inventory : 2,380.45 (As of Sep. 2023)


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What is Wang On Properties Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wang On Properties's Average Total Inventories for the six months ended in Sep. 2023 was HK$2,699 Mil. Wang On Properties's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$207 Mil. Hence, Wang On Properties's Days Inventory for the six months ended in Sep. 2023 was 2,380.45.

The historical rank and industry rank for Wang On Properties's Days Inventory or its related term are showing as below:

HKSE:01243' s Days Inventory Range Over the Past 10 Years
Min: 652.33   Med: 1200.2   Max: 60445.03
Current: 1274.88

During the past 11 years, Wang On Properties's highest Days Inventory was 60445.03. The lowest was 652.33. And the median was 1200.20.

HKSE:01243's Days Inventory is ranked worse than
67.4% of 1319 companies
in the Real Estate industry
Industry Median: 699.54 vs HKSE:01243: 1274.88

Wang On Properties's Days Inventory increased from Sep. 2022 (574.32) to Sep. 2023 (2,380.45). It might indicate that Wang On Properties's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wang On Properties's Inventory Turnover for the six months ended in Sep. 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. Wang On Properties's Inventory-to-Revenue for the six months ended in Sep. 2023 was 9.42.


Wang On Properties Days Inventory Historical Data

The historical data trend for Wang On Properties'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.

Wang On Properties Days Inventory Chart

Wang On Properties Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 795.29 968.08 7,633.85 60,445.03 689.60

Wang On Properties 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 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 55,600.49 70,248.66 574.32 841.64 2,380.45

Competitive Comparison of Wang On Properties's Days Inventory

For the Real Estate - Development subindustry, Wang On Properties'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.


Wang On Properties's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wang On Properties's Days Inventory distribution charts can be found below:

* The bar in red indicates where Wang On Properties's Days Inventory falls into.



Wang On Properties Days Inventory Calculation

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

Wang On Properties'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
=( (3791.771 + 2489.207) / 2 ) / 1662.233*365
=3140.489 / 1662.233*365
=689.60

Wang On Properties'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
=( (2489.207 + 2909.134) / 2 ) / 206.935*365 / 2
=2699.1705 / 206.935*365 / 2
=2,380.45

* 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.


Wang On Properties  (HKSE:01243) 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.

Wang On Properties's Inventory Turnover for the six months ended in Sep. 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.

Wang On Properties's Inventory to Revenue for the six months ended in Sep. 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.


Wang On Properties Days Inventory Related Terms

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


Wang On Properties (HKSE:01243) Business Description

Traded in Other Exchanges
N/A
Address
39 Wang Kwong Road, Suite 3201, 32nd Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Wang On Properties Ltd is engaged in property development and property investment in Hong Kong. The company's business segments are Property development, Asset management segment, and Property investment. The Property development segment, which is the key revenue-driving segment, engages in the development of properties whereas the Property Investment segment engages in the investment in commercial and industrial premises for rental or for sale. The Asset Management segment earns fee income for managing assets on behalf of the group's capital partners via investment vehicles. The company operates its business in Hong Kong.
Executives
Tang Ching Ho 2201 Interest of corporation controlled by you
Yau Yuk Yin 2202 Interest of your spouse

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