CASIN Real Estate Development Group Co (SZSE:000838) Days Inventory : 1,596.18 (As of Sep. 2024)

View and export this data going back to 1997. Start your Free Trial

What is CASIN Real Estate Development Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CASIN Real Estate Development Group Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥1,801 Mil. CASIN Real Estate Development Group Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥103 Mil. Hence, CASIN Real Estate Development Group Co's Days Inventory for the three months ended in Sep. 2024 was 1,596.18.

The historical rank and industry rank for CASIN Real Estate Development Group Co's Days Inventory or its related term are showing as below:

SZSE:000838' s Days Inventory Range Over the Past 10 Years
Min: 476.78 Med: 1247.41 Max: 2605.56
Current: 608.38

During the past 13 years, CASIN Real Estate Development Group Co's highest Days Inventory was 2605.56. The lowest was 476.78. And the median was 1247.41.

SZSE:000838's Days Inventory is ranked better than
53.28% of 1310 companies
in the Real Estate industry
Industry Median: 679.56 vs SZSE:000838: 608.38

CASIN Real Estate Development Group Co's Days Inventory increased from Sep. 2023 (400.28) to Sep. 2024 (1,596.18). It might indicate that CASIN Real Estate Development Group Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. CASIN Real Estate Development Group Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.06.

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. CASIN Real Estate Development Group Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 17.47.

CASIN Real Estate Development Group Co Days Inventory Historical Data

The historical data trend for CASIN Real Estate Development 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.

CASIN Real Estate Development Group Co Days Inventory Chart

CASIN Real Estate Development Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

1,467.29

933.96

924.45

906.63

476.78

CASIN Real Estate Development Group 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															400.28	392.26	526.18	787.55	1,596.18

Competitive Comparison of CASIN Real Estate Development Group Co's Days Inventory

For the Real Estate - Development subindustry, CASIN Real Estate Development 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.

CASIN Real Estate Development Group Co's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where CASIN Real Estate Development Group Co's Days Inventory falls into.

CASIN Real Estate Development Group Co Days Inventory Calculation

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

CASIN Real Estate Development 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
=	( (7086.268	+	2220.27)	/	2 )	/	3562.312	*	365
=	4653.269					/	3562.312	*	365
=	476.78

CASIN Real Estate Development Group 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
=	( (1923.618	+	1677.445)	/	2 )	/	102.932	*	365 / 4
=	1800.5315					/	102.932	*	365 / 4
=	1,596.18

CASIN Real Estate Development Group Co (SZSE:000838) 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.

CASIN Real Estate Development Group Co's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	102.932	/	1800.5315
	=	0.06

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.

CASIN Real Estate Development Group Co's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1800.5315	/	103.054
	=	17.47

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.

CASIN Real Estate Development Group Co Days Inventory Related Terms

Thank you for viewing the detailed overview of CASIN Real Estate Development Group Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

CASIN Real Estate Development Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CASIN Real Estate Development Group Co Ltd (SZSE:000838) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Building 1, No. 1, Honghuang Road, 24th Floor, Jiangbei District, Chongqing, CHN, 100025

Website

http://www.casindev.com

CASIN Real Estate Development Group Co Ltd is engaged in the development and operation of residential and commercial properties. The company's main business includes real estate development, commercial operation, tourism and healthcare and others. The types of properties developed by the company include urban complex, Shopping mall, office buildings, villas, residential, tourism real estate, five-star hotels, business apartments, and bungalows, special commercial street and other. Geographically the group covers various business areas which include Chongqing, Beijing, Henan, Shandong, Sichuan and other places.

Executives

Luo Yu Xing	Director
An Hua	Executives
Peng Ling Jiang	Director
Tang Chang Ming	Directors, executives
Bai Zhong Xiao	Directors, executives
Zhu Feng Xian	Director
Ban Wei Xian	Executives

CASIN Real Estate Development Group Co Headlines

No Headlines