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Beijing Zodi Investment Co (SZSE:000609) Days Inventory : 4,874.23 (As of Mar. 2024)


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What is Beijing Zodi Investment Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing Zodi Investment Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥1,953.75 Mil. Beijing Zodi Investment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥36.58 Mil. Hence, Beijing Zodi Investment Co's Days Inventory for the three months ended in Mar. 2024 was 4,874.23.

The historical rank and industry rank for Beijing Zodi Investment Co's Days Inventory or its related term are showing as below:

SZSE:000609' s Days Inventory Range Over the Past 10 Years
Min: 463.92   Med: 1876.05   Max: 22883.29
Current: 7703.55

During the past 13 years, Beijing Zodi Investment Co's highest Days Inventory was 22883.29. The lowest was 463.92. And the median was 1876.05.

SZSE:000609's Days Inventory is ranked worse than
94.5% of 1328 companies
in the Real Estate industry
Industry Median: 699.495 vs SZSE:000609: 7703.55

Beijing Zodi Investment Co's Days Inventory declined from Mar. 2023 (211,107.15) to Mar. 2024 (4,874.23).

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. Beijing Zodi Investment Co's Inventory Turnover for the three months ended in Mar. 2024 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. Beijing Zodi Investment Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 51.65.


Beijing Zodi Investment Co Days Inventory Historical Data

The historical data trend for Beijing Zodi Investment 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.

Beijing Zodi Investment Co Days Inventory Chart

Beijing Zodi Investment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,181.33 15,500.37 1,443.90 1,946.25 12,540.36

Beijing Zodi Investment Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 211,107.15 88,618,669.38 38,832.92 3,497.43 4,874.23

Competitive Comparison of Beijing Zodi Investment Co's Days Inventory

For the Real Estate Services subindustry, Beijing Zodi Investment 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.


Beijing Zodi Investment Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Beijing Zodi Investment Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beijing Zodi Investment Co's Days Inventory falls into.



Beijing Zodi Investment Co Days Inventory Calculation

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

Beijing Zodi Investment 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
=( (1932.017 + 1966.215) / 2 ) / 56.731*365
=1949.116 / 56.731*365
=12,540.36

Beijing Zodi Investment Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1966.215 + 1941.288) / 2 ) / 36.576*365 / 4
=1953.7515 / 36.576*365 / 4
=4,874.23

* 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.


Beijing Zodi Investment Co  (SZSE:000609) 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.

Beijing Zodi Investment Co's Inventory Turnover for the three months ended in Mar. 2024 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.

Beijing Zodi Investment Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


Beijing Zodi Investment Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Beijing Zodi Investment Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Zodi Investment Co (SZSE:000609) Business Description

Traded in Other Exchanges
N/A
Address
Courtyard 1, Haiying Road, 5th Floor, Building 6, Science City, Fengtai District, Beijing, CHN, 100005
Beijing Zodi Investment Co Ltd, formerly Beijing Soft Rock Investment Group Corp is engaged in the development and operation of real estate. The Company is also involved in operating fast food chains.
Executives
Dong Ke Supervisors
He Fan Secretary Dong
Li Qin Directors, executives
Liu Guo Zhang Securities Affairs Representative
Ceng Peng Supervisors
Zheng Kuan Directors, executives
Wang Rui Director
Wang Guo Ting Executives
Dai Jin Jin Supervisors
Yang Qing Feng Supervisors
Zu Guo Secretary Dong
Shi Dong Ping Executives
Zhang Cheng Directors, executives
Wu Li Ming Directors, executives
Liu Hai Ying Executives

Beijing Zodi Investment Co (SZSE:000609) Headlines

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