Zhenro Services Group (HKSE:06958) Days Inventory : 0.00 (As of Jun. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Zhenro Services Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhenro Services Group's Average Total Inventories for the six months ended in Jun. 2024 was HK$0 Mil. Zhenro Services Group's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$470 Mil. Hence, Zhenro Services Group's Days Inventory for the six months ended in Jun. 2024 was 0.00.

The historical rank and industry rank for Zhenro Services Group's Days Inventory or its related term are showing as below:

HKSE:06958's Days Inventory is not ranked ^*
in the Real Estate industry.
Industry Median: 707.99
* Ranked among companies with meaningful Days Inventory only.

Zhenro Services Group's Days Inventory stayed the same from Jun. 2023 (0.00) to Jun. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Zhenro Services Group's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.00.

Zhenro Services Group Days Inventory Historical Data

The historical data trend for Zhenro Services Group'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.

Zhenro Services Group Days Inventory Chart

Zhenro Services Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

Get a 7-Day Free Trial

Zhenro Services Group Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial									-	-	-	-	-

Competitive Comparison of Zhenro Services Group's Days Inventory

For the Real Estate Services subindustry, Zhenro Services Group'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.

Zhenro Services Group's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhenro Services Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhenro Services Group's Days Inventory falls into.

Save Embed

;

Save Embed

;

Zhenro Services Group Days Inventory Calculation

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

Zhenro Services Group'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
=	( (0	+	0)	/	1 )	/	985.31	*	365
=	0					/	985.31	*	365
=	0.00

Zhenro Services Group'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
=	( (0	+	0)	/	1 )	/	470.432	*	365 / 2
=	0					/	470.432	*	365 / 2
=	0.00

Zhenro Services Group (HKSE:06958) 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.

Zhenro Services Group's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	470.432	/	0
	=

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.

Zhenro Services Group's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	590.092
	=	0.00

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.

Zhenro Services Group Days Inventory Related Terms

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

Zhenro Services Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhenro Services Group Ltd (HKSE:06958) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 666, Shenhong Road, 1st Floor, Building No. 7, Hongqiao Zhenro Center, Minhang District, Hongqiao Business Core District, Shanghai, CHN

Website

http://www.zhenrowy.com

Zhenro Services Group Ltd is a property management service provider in China, offering diversified property management services for residential and non-residential properties. The group is principally engaged in the provision of property management services, value-added services to non-property owners, community value-added services, and commercial operational management services. The majority of revenue is derived from the property management services. Geographically it operates in Mainland China.

Executives

Shan Tian Investment Limited	2101 Beneficial owner
Li Xi	2202 Interest of your spouse
Ou Guoqiang	2201 Interest of corporation controlled by you
Ou Guowei	2201 Interest of corporation controlled by you
Warm Shine Limited	2101 Beneficial owner
Wei Qiang Kong Gu You Xian Gong Si	2101 Beneficial owner
Sunny Time International Company Limited	2101 Beneficial owner
Lin Shuying	2202 Interest of your spouse
Ou Zongrong	2201 Interest of corporation controlled by you
Wei Zheng Kong Gu You Xian Gong Si	2101 Beneficial owner
Hua Bo Mao Yi You Xian Gong Si	2101 Beneficial owner
Wei Tian Kong Gu You Xian Gong Si
Wei Yao Kong Gu You Xian Gong Si

Zhenro Services Group Headlines

No Headlines