Suzhou New District Hi-tech Industrial Co (SHSE:600736) Days Inventory : 2,715.72 (As of Sep. 2024)

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What is Suzhou New District Hi-tech Industrial Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Suzhou New District Hi-tech Industrial Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥33,847 Mil. Suzhou New District Hi-tech Industrial Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥1,137 Mil. Hence, Suzhou New District Hi-tech Industrial Co's Days Inventory for the three months ended in Sep. 2024 was 2,715.72.

The historical rank and industry rank for Suzhou New District Hi-tech Industrial Co's Days Inventory or its related term are showing as below:

SHSE:600736' s Days Inventory Range Over the Past 10 Years
Min: 699.97 Med: 1110.14 Max: 1895.78
Current: 1615.79

During the past 13 years, Suzhou New District Hi-tech Industrial Co's highest Days Inventory was 1895.78. The lowest was 699.97. And the median was 1110.14.

SHSE:600736's Days Inventory is ranked worse than
73.74% of 1310 companies
in the Real Estate industry
Industry Median: 679.56 vs SHSE:600736: 1615.79

Suzhou New District Hi-tech Industrial Co's Days Inventory declined from Sep. 2023 (4,141.52) to Sep. 2024 (2,715.72).

Inventory Turnover measures how fast the company turns over its inventory within a year. Suzhou New District Hi-tech Industrial Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.03.

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. Suzhou New District Hi-tech Industrial Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 28.59.

Suzhou New District Hi-tech Industrial Co Days Inventory Historical Data

The historical data trend for Suzhou New District Hi-tech Industrial 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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Suzhou New District Hi-tech Industrial Co Days Inventory Chart

Suzhou New District Hi-tech Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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1,291.75

1,102.47

947.78

1,117.81

1,610.41

Suzhou New District Hi-tech Industrial Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															4,141.52	1,746.96	780.22	3,100.53	2,715.72

Competitive Comparison of Suzhou New District Hi-tech Industrial Co's Days Inventory

For the Real Estate - Development subindustry, Suzhou New District Hi-tech Industrial 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.

Suzhou New District Hi-tech Industrial Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Suzhou New District Hi-tech Industrial Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Suzhou New District Hi-tech Industrial Co's Days Inventory falls into.

Suzhou New District Hi-tech Industrial Co Days Inventory Calculation

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

Suzhou New District Hi-tech Industrial 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
=	( (29540.982	+	30377.103)	/	2 )	/	6790.209	*	365
=	29959.0425					/	6790.209	*	365
=	1,610.41

Suzhou New District Hi-tech Industrial Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (31945.184	+	35748.001)	/	2 )	/	1137.266	*	365 / 4
=	33846.5925					/	1137.266	*	365 / 4
=	2,715.72

Suzhou New District Hi-tech Industrial Co (SHSE:600736) 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.

Suzhou New District Hi-tech Industrial Co's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1137.266	/	33846.5925
	=	0.03

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.

Suzhou New District Hi-tech Industrial Co's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	33846.5925	/	1183.811
	=	28.59

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.

Suzhou New District Hi-tech Industrial Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Suzhou New District Hi-tech Industrial Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Suzhou New District Hi-tech Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Suzhou New District Hi-tech Industrial Co Ltd (SHSE:600736) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

No. 199, Jinfeng Road, 20th Floor, Building A, Jinfeng International Business Building, Science and Technology City, Suzhou, CHN, 215021

Website

http://www.sndnt.com

Suzhou New District Hi-tech Industrial Co Ltd is a Chinese company principally engaged in the business of the development and operation of real estate in China. In addition, through its subsidiaries, the group is also involved in the other businesses of Environmental protection, Advanced manufacturing, Tourism, and Non-bank finance and industrial development.

Executives

Xu Ming	Director
Wang Xing	Director
Song Cai Jun	senior management
Lou Ming Yu	senior management
Xu Zheng	senior management
He Ming	senior management
Mao Yi Qun	senior management
Jiang Jun	Supervisors
Shi Wei Ming	Supervisors
Zhang Xiao Feng	senior management
Qu Xiao Yun	Director
Kong Li	Director
Ji Xiang Qun	Director

Suzhou New District Hi-tech Industrial Co Headlines

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