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Glory Health Industry (HKSE:02329) Days Inventory : 2,413.79 (As of Dec. 2024)


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What is Glory Health Industry Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Glory Health Industry's Average Total Inventories for the six months ended in Dec. 2024 was HK$22,518 Mil. Glory Health Industry's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$1,702 Mil. Hence, Glory Health Industry's Days Inventory for the six months ended in Dec. 2024 was 2,413.79.

The historical rank and industry rank for Glory Health Industry's Days Inventory or its related term are showing as below:

HKSE:02329' s Days Inventory Range Over the Past 10 Years
Min: 1201.41   Med: 2565.01   Max: 3704.44
Current: 3665.55

During the past 12 years, Glory Health Industry's highest Days Inventory was 3704.44. The lowest was 1201.41. And the median was 2565.01.

HKSE:02329's Days Inventory is ranked worse than
89.87% of 1313 companies
in the Real Estate industry
Industry Median: 708.61 vs HKSE:02329: 3665.55

Glory Health Industry's Days Inventory declined from Dec. 2023 (3,141.61) to Dec. 2024 (2,413.79).

Inventory Turnover measures how fast the company turns over its inventory within a year. Glory Health Industry's Inventory Turnover for the six months ended in Dec. 2024 was 0.08.

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. Glory Health Industry's Inventory-to-Revenue for the six months ended in Dec. 2024 was 12.28.


Glory Health Industry Days Inventory Historical Data

The historical data trend for Glory Health Industry'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.

Glory Health Industry Days Inventory Chart

Glory Health Industry Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,751.97 1,207.91 2,546.67 3,349.26 3,704.44

Glory Health Industry Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,524.04 3,331.66 3,141.61 7,171.62 2,413.79

Competitive Comparison of Glory Health Industry's Days Inventory

For the Real Estate - Development subindustry, Glory Health Industry'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.


Glory Health Industry's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Glory Health Industry's Days Inventory distribution charts can be found below:

* The bar in red indicates where Glory Health Industry's Days Inventory falls into.


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Glory Health Industry Days Inventory Calculation

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

Glory Health Industry's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (24263.813 + 22325.781) / 2 ) / 2295.247*365
=23294.797 / 2295.247*365
=3,704.44

Glory Health Industry's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (22709.548 + 22325.781) / 2 ) / 1702.495*365 / 2
=22517.6645 / 1702.495*365 / 2
=2,413.79

* 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.


Glory Health Industry  (HKSE:02329) 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.

Glory Health Industry's Inventory Turnover for the six months ended in Dec. 2024 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.

Glory Health Industry's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=22517.6645 / 1834.125
=12.28

* 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.


Glory Health Industry Days Inventory Related Terms

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


Glory Health Industry Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Yard, Chongwenmenwai Street, Building 1, East Block, Hademen Plaza, Dongcheng District, Beijing, CHN, 100062
Glory Health Industry Ltd formerly Guorui Properties Ltd is an investment holding company. The company's operating segments are Property development that develops and sells commercial and residential properties; primary land construction and development services that derive revenue from primary land development, including services for resettlement, construction of land infrastructure, and ancillary public facilities on land owned by the local governments; Property investment that derives rental income from investment properties developed by the group; and Property management that derive income from property management and related services. The majority of the revenue is derived from the Property development segment. All the revenue of the company is derived from the PRC.
Executives
Alltogether Land Company Limited 2101 Beneficial owner
Ruan Wenjuan 2202 Interest of your spouse
Zhang Zhangsun 2201 Interest of corporation controlled by you

Glory Health Industry Headlines

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