Shanghai Jinqiao Export Processing Zone Development Co (SHSE:600639) Days Inventory : 2,299.15 (As of Dec. 2023)

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What is Shanghai Jinqiao Export Processing Zone Development Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai Jinqiao Export Processing Zone Development Co's Average Total Inventories for the three months ended in Dec. 2023 was ¥18,426 Mil. Shanghai Jinqiao Export Processing Zone Development Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥731 Mil. Hence, Shanghai Jinqiao Export Processing Zone Development Co's Days Inventory for the three months ended in Dec. 2023 was 2,299.15.

The historical rank and industry rank for Shanghai Jinqiao Export Processing Zone Development Co's Days Inventory or its related term are showing as below:

SHSE:600639' s Days Inventory Range Over the Past 10 Years
Min: 850.21 Med: 1351.56 Max: 2667.84
Current: 2635.4

During the past 13 years, Shanghai Jinqiao Export Processing Zone Development Co's highest Days Inventory was 2667.84. The lowest was 850.21. And the median was 1351.56.

SHSE:600639's Days Inventory is ranked worse than
84.8% of 1322 companies
in the Real Estate industry
Industry Median: 693.34 vs SHSE:600639: 2635.40

Shanghai Jinqiao Export Processing Zone Development Co's Days Inventory increased from Dec. 2022 (2,020.31) to Dec. 2023 (2,299.15). It might indicate that Shanghai Jinqiao Export Processing Zone Development Co'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. Shanghai Jinqiao Export Processing Zone Development Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.04.

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. Shanghai Jinqiao Export Processing Zone Development Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 15.14.

Shanghai Jinqiao Export Processing Zone Development Co Days Inventory Historical Data

The historical data trend for Shanghai Jinqiao Export Processing Zone Development 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.

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Shanghai Jinqiao Export Processing Zone Development Co Days Inventory Chart

Shanghai Jinqiao Export Processing Zone Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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850.21

1,001.36

1,193.96

1,805.62

2,667.84

Shanghai Jinqiao Export Processing Zone Development Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															2,020.31	1,077.73	5,546.69	7,862.08	2,299.15

Competitive Comparison of Shanghai Jinqiao Export Processing Zone Development Co's Days Inventory

For the Real Estate - Development subindustry, Shanghai Jinqiao Export Processing Zone Development 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.

Shanghai Jinqiao Export Processing Zone Development Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai Jinqiao Export Processing Zone Development Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shanghai Jinqiao Export Processing Zone Development Co's Days Inventory falls into.

Shanghai Jinqiao Export Processing Zone Development Co Days Inventory Calculation

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

Shanghai Jinqiao Export Processing Zone Development Co'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
=	( (11494.945	+	19232.479)	/	2 )	/	2101.985	*	365
=	15363.712					/	2101.985	*	365
=	2,667.84

Shanghai Jinqiao Export Processing Zone Development Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (17618.598	+	19232.479)	/	2 )	/	731.282	*	365 / 4
=	18425.5385					/	731.282	*	365 / 4
=	2,299.15

Shanghai Jinqiao Export Processing Zone Development Co (SHSE:600639) 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.

Shanghai Jinqiao Export Processing Zone Development Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	731.282	/	18425.5385
	=	0.04

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.

Shanghai Jinqiao Export Processing Zone Development Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18425.5385	/	1217.041
	=	15.14

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.

Shanghai Jinqiao Export Processing Zone Development Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Shanghai Jinqiao Export Processing Zone Development Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Shanghai Jinqiao Export Processing Zone Development Co (SHSE:600639) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shanghai Jinqiao Export Processing Zone Development Co Ltd (SHSE:600639) » Definitions » Days Inventory

Traded in Other Exchanges

900911:China

Address

No. 28 Jinqiao Road, Shanghai) Free Trade Experimental Zone, Shanghai, CHN, 201206

Website

http://www.pdjq.com.cn

Shanghai Jinqiao Export Processing Zone Development Co Ltd is a real estate development company. It primarily focuses on industrial real estate and traditional real estate industry development. The company's operations predominantly consist of real estate leasing, real estate sales and serviced apartment leasing.

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