Glorious Property Holdings (STU:GI0A) Days Inventory : 1,987.42 (As of Jun. 2024)

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What is Glorious Property Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Glorious Property Holdings's Average Total Inventories for the six months ended in Jun. 2024 was €2,155.7 Mil. Glorious Property Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was €197.9 Mil. Hence, Glorious Property Holdings's Days Inventory for the six months ended in Jun. 2024 was 1,987.42.

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

STU:GI0A' s Days Inventory Range Over the Past 10 Years
Min: 1482.25 Med: 2395.11 Max: 4401.67
Current: 1902.35

During the past 13 years, Glorious Property Holdings's highest Days Inventory was 4401.67. The lowest was 1482.25. And the median was 2395.11.

STU:GI0A's Days Inventory is ranked worse than
78.39% of 1305 companies
in the Real Estate industry
Industry Median: 690.95 vs STU:GI0A: 1902.35

Glorious Property Holdings's Days Inventory declined from Jun. 2023 (8,380.53) to Jun. 2024 (1,987.42).

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. Glorious Property Holdings's Inventory Turnover for the six months ended in Jun. 2024 was 0.09.

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. Glorious Property Holdings's Inventory-to-Revenue for the six months ended in Jun. 2024 was 7.23.

Glorious Property Holdings Days Inventory Historical Data

The historical data trend for Glorious Property Holdings'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.

Glorious Property Holdings Days Inventory Chart

Glorious Property Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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1,461.84

4,590.80

1,584.93

2,995.77

3,733.81

Glorious Property Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Inventory	Get a 7-Day Free Trial															12,712.72	1,722.84	8,380.53	1,919.39	1,987.42

Competitive Comparison of Glorious Property Holdings's Days Inventory

For the Real Estate - Development subindustry, Glorious Property Holdings'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.

Glorious Property Holdings's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Glorious Property Holdings's Days Inventory falls into.

Glorious Property Holdings Days Inventory Calculation

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

Glorious Property Holdings'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
=	( (2516.877	+	2229.23)	/	2 )	/	231.979	*	365
=	2373.0535					/	231.979	*	365
=	3,733.81

Glorious Property Holdings's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (2229.23	+	2082.075)	/	2 )	/	197.948	*	365 / 2
=	2155.6525					/	197.948	*	365 / 2
=	1,987.42

Glorious Property Holdings (STU:GI0A) 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.

Glorious Property Holdings's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	197.948	/	2155.6525
	=	0.09

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.

Glorious Property Holdings's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2155.6525	/	297.967
	=	7.23

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.

Glorious Property Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of Glorious Property Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Glorious Property Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Glorious Property Holdings Ltd (STU:GI0A) » Definitions » Days Inventory

Traded in Other Exchanges

00845:Hong Kong

Address

50 Wing Tai Road, Room 807H, 8th Floor, Cornell Centre, Chai Wan, Hong Kong, HKG

Website

http://www.gloriousphl.com.cn

Glorious Property Holdings Ltd is a national property developer in China. It focuses on the development and sales of large-scale properties in key economic areas such as the Shanghai region, Yangtze River Delta, Pan Bohai Rim, and Northeast China. The firm develops residential and commercial properties and is also involved in property management. Its reportable operating segments, namely Shanghai Region, Yangtze River Delta (excluding Shanghai), Pan Bohai Rim, and Northeast China. The Others segment represents corporate support functions. The company generates maximum revenue from the Shanghai region.

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