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GUANGZHOU YUETAI GROUP CO (SHSE:600393) Days Inventory : 4,750.41 (As of Mar. 2023)


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What is GUANGZHOU YUETAI GROUP CO Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GUANGZHOU YUETAI GROUP CO's Average Total Inventories for the three months ended in Mar. 2023 was ¥6,994 Mil. GUANGZHOU YUETAI GROUP CO's Cost of Goods Sold for the three months ended in Mar. 2023 was ¥134 Mil. Hence, GUANGZHOU YUETAI GROUP CO's Days Inventory for the three months ended in Mar. 2023 was 4,750.41.

The historical rank and industry rank for GUANGZHOU YUETAI GROUP CO's Days Inventory or its related term are showing as below:

SHSE:600393's Days Inventory is not ranked *
in the Real Estate industry.
Industry Median: 698.69
* Ranked among companies with meaningful Days Inventory only.

GUANGZHOU YUETAI GROUP CO's Days Inventory declined from Mar. 2022 (5,987.39) to Mar. 2023 (4,750.41).

Inventory Turnover measures how fast the company turns over its inventory within a year. GUANGZHOU YUETAI GROUP CO's Inventory Turnover for the three months ended in Mar. 2023 was 0.02.

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. GUANGZHOU YUETAI GROUP CO's Inventory-to-Revenue for the three months ended in Mar. 2023 was 41.46.


GUANGZHOU YUETAI GROUP CO Days Inventory Historical Data

The historical data trend for GUANGZHOU YUETAI GROUP CO'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.

GUANGZHOU YUETAI GROUP CO Days Inventory Chart

GUANGZHOU YUETAI GROUP CO Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,172.55 1,570.56 1,291.05 4,319.94 2,381.24

GUANGZHOU YUETAI GROUP CO Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 5,987.39 880.90 3,217.67 - 4,750.41

Competitive Comparison of GUANGZHOU YUETAI GROUP CO's Days Inventory

For the Real Estate Services subindustry, GUANGZHOU YUETAI GROUP CO'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.


GUANGZHOU YUETAI GROUP CO's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, GUANGZHOU YUETAI GROUP CO's Days Inventory distribution charts can be found below:

* The bar in red indicates where GUANGZHOU YUETAI GROUP CO's Days Inventory falls into.



GUANGZHOU YUETAI GROUP CO Days Inventory Calculation

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

GUANGZHOU YUETAI GROUP CO's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (8582.959 + 6995.611) / 2 ) / 1193.951*365
=7789.285 / 1193.951*365
=2,381.24

GUANGZHOU YUETAI GROUP CO's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (6995.611 + 6992.515) / 2 ) / 134.348*365 / 4
=6994.063 / 134.348*365 / 4
=4,750.41

* 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.


GUANGZHOU YUETAI GROUP CO  (SHSE:600393) 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.

GUANGZHOU YUETAI GROUP CO's Inventory Turnover for the three months ended in Mar. 2023 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.

GUANGZHOU YUETAI GROUP CO's Inventory to Revenue for the three months ended in Mar. 2023 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.


GUANGZHOU YUETAI GROUP CO Days Inventory Related Terms

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GUANGZHOU YUETAI GROUP CO (SHSE:600393) Business Description

Traded in Other Exchanges
N/A
Address
No. 170 Siyou Xinma Road, 4F, Guangzhou, Guangdong, CHN, 510600
GUANGZHOU YUETAI GROUP CO LTD is a is a large-scale comprehensive enterprise group. It is mainly responsible for real estate development, construction, operation and property management.
Executives
Liu Yao Ting Supervisors

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