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Sinic Holdings (Group) Co (HKSE:02103) Days Inventory : 1,115.02 (As of Jun. 2021)


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What is Sinic Holdings (Group) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sinic Holdings (Group) Co's Average Total Inventories for the six months ended in Jun. 2021 was HK$64,807 Mil. Sinic Holdings (Group) Co's Cost of Goods Sold for the six months ended in Jun. 2021 was HK$10,607 Mil. Hence, Sinic Holdings (Group) Co's Days Inventory for the six months ended in Jun. 2021 was 1,115.02.

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

HKSE:02103's Days Inventory is not ranked *
in the Real Estate industry.
Industry Median: 695.655
* Ranked among companies with meaningful Days Inventory only.

Sinic Holdings (Group) Co's Days Inventory declined from Jun. 2020 (1,562.27) to Jun. 2021 (1,115.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sinic Holdings (Group) Co's Inventory Turnover for the six months ended in Jun. 2021 was 0.16.

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. Sinic Holdings (Group) Co's Inventory-to-Revenue for the six months ended in Jun. 2021 was 4.78.

Sinic Holdings (Group) Co Days Inventory Historical Data

The historical data trend for Sinic 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.

Sinic Holdings (Group) Co Days Inventory Chart

Sinic Holdings (Group) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
2,511.87 2,156.43 2,738.15 965.42 829.73

Sinic Holdings (Group) Co Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
Days Inventory Get a 7-Day Free Trial 1,863.33 660.34 1,562.27 573.91 1,115.02

Competitive Comparison of Sinic Holdings (Group) Co's Days Inventory

For the Real Estate - Development subindustry, Sinic 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.

Sinic Holdings (Group) Co's Days Inventory Distribution in the Real Estate Industry

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

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


Sinic Holdings (Group) Co Days Inventory Calculation

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

Sinic Holdings (Group) Co's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (57629.683 + 56679.258) / 2 ) / 25142.304*365
=57154.4705 / 25142.304*365
=829.73

Sinic Holdings (Group) Co's Days Inventory for the quarter that ended in Jun. 2021 is calculated as:

Days Inventory (Q: Jun. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2020 ) + Total Inventories (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (56679.258 + 72934.932) / 2 ) / 10607.264*365 / 2
=64807.095 / 10607.264*365 / 2
=1,115.02

* 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.

Sinic Holdings (Group) Co  (HKSE:02103) 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.

Sinic Holdings (Group) Co's Inventory Turnover for the six months ended in Jun. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=10607.264 / 64807.095
=0.16

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.

Sinic Holdings (Group) Co's Inventory to Revenue for the six months ended in Jun. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=64807.095 / 13552.994
=4.78

* 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.

Sinic Holdings (Group) Co Days Inventory Related Terms

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

Sinic Holdings (Group) Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sinic Holdings (Group) Co Ltd (HKSE:02103) » Definitions » Days Inventory
Comparable Companies
HKSE:00081 HKSE:01243 HKSE:03377 HKSE:01966 HKSE:01628 HKSE:01622 HKSE:02768 HKSE:01638 HKSE:03301 HKSE:01238 SZSE:000002 HKSE:00688 HKSE:00016 HKSE:03333 HKSE:01109 HKSE:02007 SHSE:600048 HKSE:01113 HKSE:01918 SZSE:001979
Traded in Other Exchanges
N/A
Address
No. 988 ShenChang Road, 7th Floor, HongQiao Vanke Center T6, MinHang District, Shanghai, CHN
Website
http://www.sinicdc.com
Sinic Holdings (Group) Co Ltd is a Cayman Islands-based property developer. It is engaged in the development of residential and commercial properties. The company offers property development, property leasing, and the provision of management consulting services. It generates revenue through the sale of properties and mainly operates in Mainland China.
Executives
Zhang Yuanlin 2101 Beneficial owner
Wu Chengping 2202 Interest of your spouse
Honoured Ever Oriental Holdings Limited 2201 Interest of corporation controlled by you
Sinic Group Company Limited 2201 Interest of corporation controlled by you
Sinic Holdings Group Company Limited 2101 Beneficial owner
Tmf (cayman) Ltd. 2301 Trustee
Xin Hong Company Limited 2201 Interest of corporation controlled by you

Sinic Holdings (Group) Co Headlines

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