JY Grandmark Holdings (HKSE:02231) Days Inventory : 592.13 (As of Jun. 2024)

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What is JY Grandmark Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). JY Grandmark Holdings's Average Total Inventories for the six months ended in Jun. 2024 was HK$7,301 Mil. JY Grandmark Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$2,250 Mil. Hence, JY Grandmark Holdings's Days Inventory for the six months ended in Jun. 2024 was 592.13.

The historical rank and industry rank for JY Grandmark Holdings's Days Inventory or its related term are showing as below:

HKSE:02231' s Days Inventory Range Over the Past 10 Years
Min: 901.69 Med: 1390.35 Max: 7699
Current: 1179.94

During the past 8 years, JY Grandmark Holdings's highest Days Inventory was 7699.00. The lowest was 901.69. And the median was 1390.35.

HKSE:02231's Days Inventory is ranked worse than
64.45% of 1311 companies
in the Real Estate industry
Industry Median: 688.25 vs HKSE:02231: 1179.94

JY Grandmark Holdings's Days Inventory declined from Jun. 2023 (5,701.84) to Jun. 2024 (592.13).

Inventory Turnover measures how fast the company turns over its inventory within a year. JY Grandmark Holdings's Inventory Turnover for the six months ended in Jun. 2024 was 0.31.

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. JY Grandmark Holdings's Inventory-to-Revenue for the six months ended in Jun. 2024 was 2.94.

JY Grandmark Holdings Days Inventory Historical Data

The historical data trend for JY Grandmark 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.

* Premium members only.

JY Grandmark Holdings Days Inventory Chart

JY Grandmark Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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1,387.04

1,370.84

1,778.37

7,699.00

6,399.08

JY Grandmark Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Inventory	Get a 7-Day Free Trial										6,943.12	8,756.97	5,701.84	7,657.28	592.13

Competitive Comparison of JY Grandmark Holdings's Days Inventory

For the Real Estate - Development subindustry, JY Grandmark 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.

JY Grandmark Holdings's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, JY Grandmark Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where JY Grandmark Holdings's Days Inventory falls into.

JY Grandmark Holdings Days Inventory Calculation

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

JY Grandmark Holdings'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
=	( (9692.155	+	8233.556)	/	2 )	/	511.236	*	365
=	8962.8555					/	511.236	*	365
=	6,399.08

JY Grandmark Holdings's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (8233.556	+	6369)	/	2 )	/	2250.32	*	365 / 2
=	7301.278					/	2250.32	*	365 / 2
=	592.13

JY Grandmark Holdings (HKSE:02231) 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.

JY Grandmark Holdings's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2250.32	/	7301.278
	=	0.31

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.

JY Grandmark Holdings's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7301.278	/	2480.383
	=	2.94

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.

JY Grandmark Holdings Days Inventory Related Terms

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

JY Grandmark Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » JY Grandmark Holdings Ltd (HKSE:02231) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

No. 106, Fengze East Road, JY Grandmark Building, Nansha District, Guangdong Province, Guangzhou, CHN

Website

http://www.jygrandmark.com

JY Grandmark Holdings Ltd is a provider of property developers, operators, and property management services. The company offers residential properties to its customers in Guangdong and Hainan provinces of China. It has landed in Guangdong, Hainan, Yunnan, and Hunan provinces for further development. The Group is organized into four business segments: Property development and sales, Commercial property investment, Hotel operations, and Property management. The Property development and sales segment act as a key revenue driver for the firm.

Executives

Iq Eq (bvi) Limited	2301 Trustee
Sze Ming Limited	2101 Beneficial owner
Chan Sze Ming Michael	2307 Founder of a discretionary trust who can infl
Shum Wing Yin	2202 Interest of your spouse

JY Grandmark Holdings Headlines

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