KRP Development Holdings (HKSE:02421) Days Inventory : 3,695.13 (As of Mar. 2024)

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What is KRP Development Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). KRP Development Holdings's Average Total Inventories for the six months ended in Mar. 2024 was HK$1,069.1 Mil. KRP Development Holdings's Cost of Goods Sold for the six months ended in Mar. 2024 was HK$52.8 Mil. Hence, KRP Development Holdings's Days Inventory for the six months ended in Mar. 2024 was 3,695.13.

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

HKSE:02421' s Days Inventory Range Over the Past 10 Years
Min: 1889.56 Med: 2154.46 Max: 4660.14
Current: 3944.32

During the past 5 years, KRP Development Holdings's highest Days Inventory was 4660.14. The lowest was 1889.56. And the median was 2154.46.

HKSE:02421's Days Inventory is ranked worse than
89.39% of 1310 companies
in the Real Estate industry
Industry Median: 687.065 vs HKSE:02421: 3944.32

KRP Development Holdings's Days Inventory increased from Mar. 2023 (2,731.40) to Mar. 2024 (3,695.13). It might indicate that KRP Development Holdings's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. KRP Development Holdings's Inventory Turnover for the six months ended in Mar. 2024 was 0.05.

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. KRP Development Holdings's Inventory-to-Revenue for the six months ended in Mar. 2024 was 7.90.

KRP Development Holdings Days Inventory Historical Data

The historical data trend for KRP Development 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.

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KRP Development Holdings Days Inventory Chart

KRP Development Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

2,162.60

1,902.15

1,889.56

2,154.46

4,660.14

KRP Development Holdings Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Inventory	Get a 7-Day Free Trial				1,577.54	2,731.40	5,987.37	3,695.13	4,229.30

Competitive Comparison of KRP Development Holdings's Days Inventory

For the Real Estate - Development subindustry, KRP Development 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.

KRP Development Holdings's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where KRP Development Holdings's Days Inventory falls into.

KRP Development Holdings Days Inventory Calculation

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

KRP Development Holdings's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (1201.824	+	1049.266)	/	2 )	/	88.157	*	365
=	1125.545					/	88.157	*	365
=	4,660.14

KRP Development Holdings's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1088.928	+	1049.266)	/	2 )	/	52.802	*	365 / 2
=	1069.097					/	52.802	*	365 / 2
=	3,695.13

KRP Development Holdings (HKSE:02421) 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.

KRP Development Holdings's Inventory Turnover for the six months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	52.802	/	1069.097
	=	0.05

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.

KRP Development Holdings's Inventory to Revenue for the six months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1069.097	/	135.411
	=	7.90

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.

KRP Development Holdings Days Inventory Related Terms

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

KRP Development Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » KRP Development Holdings Ltd (HKSE:02421) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

611–619 Castle Peak Road, Block C, 9th Floor, Southeast Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.krpd.com.hk

KRP Development Holdings Ltd is a boutique residential property developer, It is principally engaged in development and sales of residential properties in the fast-developing residential markets in Dongguan, Huizhou and Foshan. It has developed two product series for homebuyers, namely, Villas series, targeting middle income and move-up homebuyers, and Mansion, targeting first-time homebuyers and retirees.

Executives

Tmf (b.v.i.) Ltd.	2201 Interest of corporation controlled by you
New Sense Enterprises Limited	2101 Beneficial owner
Castfast Properties Development Co., Limited	2101 Beneficial owner
Honford Investments Limited	2201 Interest of corporation controlled by you
The Wedding City Co. Limited	2101 Beneficial owner
Ho Cheuk Fai	2201 Interest of corporation controlled by you
Ho Po Chu	2201 Interest of corporation controlled by you
Ho Cheuk Ming	2201 Interest of corporation controlled by you

KRP Development Holdings Headlines

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