Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co (HKSE:01379) Days Inventory : 0.00 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$0.0 Mil. Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$6.6 Mil. Hence, Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Days Inventory for the six months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Days Inventory or its related term are showing as below:

HKSE:01379' s Days Inventory Range Over the Past 10 Years
Min: 54.18 Med: 145.6 Max: 237.01
Current: 237.01

During the past 9 years, Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's highest Days Inventory was 237.01. The lowest was 54.18. And the median was 145.60.

HKSE:01379's Days Inventory is ranked better than
72.49% of 1327 companies
in the Real Estate industry
Industry Median: 697.68 vs HKSE:01379: 237.01

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Days Inventory declined from Dec. 2022 (27.99) to Dec. 2023 (0.00).

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.

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. Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Days Inventory Historical Data

The historical data trend for Wenling Zhejiang Measuring And Cutting Tools Trading Centre 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.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Days Inventory Chart

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

54.18

237.01

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Semi-Annual Data
	Dec15	Dec16	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial								-	-	27.99	145.08	-

Competitive Comparison of Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Days Inventory

For the Real Estate Services subindustry, Wenling Zhejiang Measuring And Cutting Tools Trading Centre 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.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Days Inventory falls into.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Days Inventory Calculation

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

Wenling Zhejiang Measuring And Cutting Tools Trading Centre 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
=	( (23.477	+	0)	/	1 )	/	36.155	*	365
=	23.477					/	36.155	*	365
=	237.01

Wenling Zhejiang Measuring And Cutting Tools Trading Centre 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
=	( (0	+	0)	/	1 )	/	6.622	*	365 / 2
=	0					/	6.622	*	365 / 2
=	0.00

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co (HKSE:01379) 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.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.622	/	0
	=

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.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	37.985
	=	0.00

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.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co (HKSE:01379) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Ltd (HKSE:01379) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qianyangxia Village, Wenqiao Town, Zhejiang Province, Wenling, CHN

Website

https://www.cnglj.com

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Ltd is engaged in an established measuring and cutting tools trading centre operator in China. The principal activity and source of revenue of the group were primarily derived from the property leasing business through the operation of the Trading Centre for the measuring and cutting tools industry. The group also engages in real estate investment, development and management business through its material subsidiary, Wenling Sunrise Real Estate Development Co., Ltd.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co (HKSE:01379) Headlines

No Headlines