Sansheng Holdings (Group) Co (HKSE:02183) Days Inventory : 1,946.02 (As of Dec. 2021)

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What is Sansheng Holdings (Group) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sansheng Holdings (Group) Co's Average Total Inventories for the six months ended in Dec. 2021 was HK$48,726 Mil. Sansheng Holdings (Group) Co's Cost of Goods Sold for the six months ended in Dec. 2021 was HK$4,570 Mil. Hence, Sansheng Holdings (Group) Co's Days Inventory for the six months ended in Dec. 2021 was 1,946.02.

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

HKSE:02183's Days Inventory is not ranked ^*
in the Real Estate industry.
Industry Median: 699.54
* Ranked among companies with meaningful Days Inventory only.

Sansheng Holdings (Group) Co's Days Inventory increased from Dec. 2020 (1,075.63) to Dec. 2021 (1,946.02). It might indicate that Sansheng Holdings (Group) Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sansheng Holdings (Group) Co's Inventory Turnover for the six months ended in Dec. 2021 was 0.09.

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. Sansheng Holdings (Group) Co's Inventory-to-Revenue for the six months ended in Dec. 2021 was 8.33.

Sansheng Holdings (Group) Co Days Inventory Historical Data

The historical data trend for Sansheng 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.

Sansheng Holdings (Group) Co Days Inventory Chart

Sansheng Holdings (Group) Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Inventory

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1,984.61

5,130.01

1,805.18

1,821.47

Sansheng Holdings (Group) Co Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Days Inventory	Get a 7-Day Free Trial															2,192.85	4,566.46	1,075.63	1,754.43	1,946.02

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

For the Real Estate - Development subindustry, Sansheng 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.

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

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

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

Sansheng Holdings (Group) Co Days Inventory Calculation

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

Sansheng Holdings (Group) Co's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

	Days Inventory (A: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (45423.743	+	49378.663)	/	2 )	/	9498.632	*	365
=	47401.203					/	9498.632	*	365
=	1,821.47

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

	Days Inventory (Q: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2021 )	+	Total Inventories (Q: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
=	( (48073.823	+	49378.663)	/	2 )	/	4569.598	*	365 / 2
=	48726.243					/	4569.598	*	365 / 2
=	1,946.02

Sansheng Holdings (Group) Co (HKSE:02183) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4569.598	/	48726.243
	=	0.09

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	48726.243	/	5846.502
	=	8.33

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.

Sansheng Holdings (Group) Co Days Inventory Related Terms

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Sansheng Holdings (Group) Co (HKSE:02183) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sansheng Holdings (Group) Co Ltd (HKSE:02183) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

The Gateway Tower 6, Room 3207, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.sansheng.hk

Sansheng Holdings (Group) Co Ltd together with its subsidiaries is engaged in property development and sale, and property investment. Its portfolio includes commercial or non-residential properties. It has a geographical presence in Hong Kong and China. The company's revenue mainly derived from sales of properties, with a small proportion from investment properties rental income.

Executives

Mega Regal Limited	2101 Beneficial owner
Cheng Xuan	2202 Interest of your spouse
Lin Rongbin	2201 Interest of corporation controlled by you
China Orient Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
Springboard Holdings Limited	2101 Beneficial owner
Lau Luen Hung, Thomas	2201 Interest of corporation controlled by you
Dong Xing Zheng Quan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Dong Xing Zheng Quan Xiang Gang Jin Rong Kong Gu You Xian Gong Si	2106 Person having a security interest in shares
Modern Times Development Limited	2201 Interest of corporation controlled by you

Sansheng Holdings (Group) Co (HKSE:02183) Headlines

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