Days Inventory is also known as Days Sales of Inventory (DSI). Weiye Holdings's Average Total Inventories for the
six
months ended in Dec. 2023 was HK$2,154 Mil. Weiye Holdings's Cost of Goods Sold for the
six
months ended in Dec. 2023 was HK$211 Mil.
Hence, Weiye Holdings's Days Inventory for the
six
months ended in Dec. 2023 was 1,866.26.
The historical rank and industry rank for Weiye Holdings's Days Inventory or its related term are showing as below:
HKSE:01570'
s Days Inventory Range Over the Past 10 Years
Min: 4.84 Med: 820.83 Max: 2522.24
Current: 591.13
During the past 13 years, Weiye Holdings's highest Days Inventory was 2522.24. The lowest was 4.84. And the median was 820.83.
HKSE:01570's Days Inventory is not ranked
in the Real Estate industry.
Industry Median: 699.54
vs HKSE:01570: 591.13
Weiye Holdings's Days Inventory
declined
from Dec. 2022 (2,914.05) to Dec. 2023 (1,866.26).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Weiye Holdings's Inventory Turnover for the
six
months ended in Dec. 2023 was 0.10.
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.
Weiye Holdings's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 7.57.
Weiye Holdings Days Inventory Historical Data
The historical data trend for Weiye 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.
Competitive Comparison of Weiye Holdings's Days Inventory
For the Real Estate - Development subindustry, Weiye 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.
Weiye Holdings's Days Inventory Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Weiye Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where Weiye Holdings's Days Inventory falls into.
Weiye Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Weiye Holdings's Days Inventory for the fiscal year that 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.
Weiye Holdings (HKSE:01570) 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.
Weiye 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.
Weiye 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.
Weiye Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of Weiye Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Weiye Holdings Ltd is an investment holding company. The company operates in two segments: Property development and Equipment manufacturing. The majority of its revenue comes from the Property development segment, which includes the development and sales of both commercial and residential property units, construction of resettlement houses in the PRC, and the leasing of investment properties to generate rental income and derive capital gains from the investment properties in the long term. The company's geographical segments are China, Singapore, and Others, of which nearly all of its revenue comes from China.
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