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New World China Land (New World China Land) Days Inventory : 0.15 (As of Dec. 2015)


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What is New World China Land Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). New World China Land's Average Total Inventories for the six months ended in Dec. 2015 was $0.52 Mil. New World China Land's Cost of Goods Sold for the six months ended in Dec. 2015 was $636.26 Mil. Hence, New World China Land's Days Inventory for the six months ended in Dec. 2015 was 0.15.

The historical rank and industry rank for New World China Land's Days Inventory or its related term are showing as below:

NWRDY' s Days Inventory Range Over the Past 10 Years
Min: 0.12   Med: 0.2   Max: 0.62
Current: 0.15

During the past 13 years, New World China Land's highest Days Inventory was 0.62. The lowest was 0.12. And the median was 0.20.

NWRDY's Days Inventory is not ranked
in the Real Estate industry.
Industry Median: 699.45 vs NWRDY: 0.15

New World China Land's Days Inventory increased from Dec. 2014 (0.14) to Dec. 2015 (0.15). It might indicate that New World China Land's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. New World China Land's Inventory Turnover for the six months ended in Dec. 2015 was 1,230.67.

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. New World China Land's Inventory-to-Revenue for the six months ended in Dec. 2015 was 0.00.


New World China Land Days Inventory Historical Data

The historical data trend for New World China Land'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.

New World China Land Days Inventory Chart

New World China Land Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.23 0.17 0.12 0.14

New World China Land Semi-Annual Data
Jun04 Jun05 Jun06 Jun07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15
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 0.13 0.12 0.14 0.15 0.15

Competitive Comparison of New World China Land's Days Inventory

For the Real Estate - Development subindustry, New World China Land'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.


New World China Land's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, New World China Land's Days Inventory distribution charts can be found below:

* The bar in red indicates where New World China Land's Days Inventory falls into.



New World China Land Days Inventory Calculation

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

New World China Land's Days Inventory for the fiscal year that ended in Jun. 2015 is calculated as

Days Inventory (A: Jun. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2014 ) + Total Inventories (A: Jun. 2015 )) / count ) / Cost of Goods Sold (A: Jun. 2015 )*Days in Period
=( (0.516 + 0.529) / 2 ) / 1370.015*365
=0.5225 / 1370.015*365
=0.14

New World China Land's Days Inventory for the quarter that ended in Dec. 2015 is calculated as:

Days Inventory (Q: Dec. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2015 ) + Total Inventories (Q: Dec. 2015 )) / count ) / Cost of Goods Sold (Q: Dec. 2015 )*Days in Period
=( (0.529 + 0.505) / 2 ) / 636.255*365 / 2
=0.517 / 636.255*365 / 2
=0.15

* 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.


New World China Land  (OTCPK:NWRDY) 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.

New World China Land's Inventory Turnover for the six months ended in Dec. 2015 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.

New World China Land's Inventory to Revenue for the six months ended in Dec. 2015 is calculated as

* 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.


New World China Land Days Inventory Related Terms

Thank you for viewing the detailed overview of New World China Land's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


New World China Land (New World China Land) Business Description

Traded in Other Exchanges
N/A
Address
New World China Land Ltd is a real estate company. It develops and invests in properties and real estate in China. The firm's projects include residential communities, serviced apartments, villas, offices, shopping centers, mixed-use comprehensive buildings, hotels, and resorts. It derives the majority of its revenues from proceeds from the sale of properties. The company's majority of assets and operation are located in China.

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