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Zhongliang Holdings Group Co (STU:3ZH) Days Inventory : 541.04 (As of Dec. 2023)


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What is Zhongliang Holdings Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhongliang Holdings Group Co's Average Total Inventories for the six months ended in Dec. 2023 was €14,121 Mil. Zhongliang Holdings Group Co's Cost of Goods Sold for the six months ended in Dec. 2023 was €4,763 Mil. Hence, Zhongliang Holdings Group Co's Days Inventory for the six months ended in Dec. 2023 was 541.04.

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

STU:3ZH' s Days Inventory Range Over the Past 10 Years
Min: 678.19   Med: 1163.8   Max: 4800.21
Current: 689.49

During the past 8 years, Zhongliang Holdings Group Co's highest Days Inventory was 4800.21. The lowest was 678.19. And the median was 1163.80.

STU:3ZH's Days Inventory is ranked better than
50.53% of 1320 companies
in the Real Estate industry
Industry Median: 699.07 vs STU:3ZH: 689.49

Zhongliang Holdings Group Co's Days Inventory declined from Dec. 2022 (1,521.78) to Dec. 2023 (541.04).

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhongliang Holdings Group Co's Inventory Turnover for the six months ended in Dec. 2023 was 0.34.

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. Zhongliang Holdings Group Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 2.91.


Zhongliang Holdings Group Co Days Inventory Historical Data

The historical data trend for Zhongliang Holdings 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.

Zhongliang Holdings Group Co Days Inventory Chart

Zhongliang Holdings Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 988.96 1,024.80 853.84 1,499.66 691.35

Zhongliang Holdings Group Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 756.05 1,450.52 1,521.78 927.72 541.04

Competitive Comparison of Zhongliang Holdings Group Co's Days Inventory

For the Real Estate - Development subindustry, Zhongliang Holdings 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.


Zhongliang Holdings Group Co's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Zhongliang Holdings Group Co's Days Inventory falls into.



Zhongliang Holdings Group Co Days Inventory Calculation

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

Zhongliang Holdings Group 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
=( (18566.017 + 12293.543) / 2 ) / 8146.233*365
=15429.78 / 8146.233*365
=691.35

Zhongliang Holdings Group 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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (15949.28 + 12293.543) / 2 ) / 4763.37*365 / 2
=14121.4115 / 4763.37*365 / 2
=541.04

* 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.


Zhongliang Holdings Group Co  (STU:3ZH) 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.

Zhongliang Holdings Group Co's Inventory Turnover for the six months ended in Dec. 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.

Zhongliang Holdings Group Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=14121.4115 / 4849.983
=2.91

* 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.


Zhongliang Holdings Group Co Days Inventory Related Terms

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Zhongliang Holdings Group Co (STU:3ZH) Business Description

Traded in Other Exchanges
Address
235 Yunling East Road, No. 3, Shanghai Convention and Exhibition Centre of International Sourcing, 20th Floor, Putuo District, Shanghai, CHN
Zhongliang Holdings Group Co Ltd is a real estate developer. It specializes in the development of residential properties and has recently started to develop, operate and manage commercial properties. The Group derives its revenue from three business lines, namely sales of properties; management consulting services; and rental income from property leases. The Sale of properties is the key driver of revenue for the group.

Zhongliang Holdings Group Co (STU:3ZH) Headlines

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