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Cosmos Group Co (SZSE:002133) Days Inventory : 601.65 (As of Mar. 2024)


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What is Cosmos Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cosmos Group Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥8,316 Mil. Cosmos Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,261 Mil. Hence, Cosmos Group Co's Days Inventory for the three months ended in Mar. 2024 was 601.65.

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

SZSE:002133' s Days Inventory Range Over the Past 10 Years
Min: 437.5   Med: 886.28   Max: 1941.05
Current: 437.5

During the past 13 years, Cosmos Group Co's highest Days Inventory was 1941.05. The lowest was 437.50. And the median was 886.28.

SZSE:002133's Days Inventory is ranked better than
60.87% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs SZSE:002133: 437.50

Cosmos Group Co's Days Inventory declined from Mar. 2023 (895.37) to Mar. 2024 (601.65).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cosmos Group Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.15.

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. Cosmos Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 6.19.


Cosmos Group Co Days Inventory Historical Data

The historical data trend for Cosmos 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.

Cosmos Group Co Days Inventory Chart

Cosmos Group 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 1,143.28 839.61 699.66 932.94 496.72

Cosmos Group 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 895.37 395.66 352.35 487.34 601.65

Competitive Comparison of Cosmos Group Co's Days Inventory

For the Real Estate - Development subindustry, Cosmos 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.


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

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

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



Cosmos Group Co Days Inventory Calculation

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

Cosmos 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
=( (14329.777 + 8633.92) / 2 ) / 8437.136*365
=11481.8485 / 8437.136*365
=496.72

Cosmos Group 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
=( (8633.92 + 7997.376) / 2 ) / 1261.202*365 / 4
=8315.648 / 1261.202*365 / 4
=601.65

* 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.


Cosmos Group Co  (SZSE:002133) 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.

Cosmos Group 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.

Cosmos Group 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.


Cosmos Group Co Days Inventory Related Terms

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


Cosmos Group Co (SZSE:002133) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Pinghai Road, Hangzhou, Zhejiang, CHN, 310006
Cosmos Group Co Ltd is primarily engaged in real estate development and commercial residential building distribution in China. It develops and distributes small and middle residential properties. The company is also engaged in property management and leasing businesses.
Executives
Wang Yi Lei Director
Jiang Li Xiong Directors, executives
Chen Lian Yong Executives
Hu Jian Chao Executives
Hu Wei Hua Director
Liao Wei Hua Executives
Wang He Ming Director
Zhang Jin Tu Directors, executives
Jing Lin Bo Director
Cao Cheng Peng Securities Affairs Representative
Cheng Da Tao Directors, executives
Huang Ji Min Supervisors

Cosmos Group Co (SZSE:002133) Headlines

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