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Hefei Urban Construction Development Co (SZSE:002208) Days Inventory : 6,968.37 (As of Mar. 2024)


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What is Hefei Urban Construction Development Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hefei Urban Construction Development Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥25,434 Mil. Hefei Urban Construction Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥333 Mil. Hence, Hefei Urban Construction Development Co's Days Inventory for the three months ended in Mar. 2024 was 6,968.37.

The historical rank and industry rank for Hefei Urban Construction Development Co's Days Inventory or its related term are showing as below:

SZSE:002208' s Days Inventory Range Over the Past 10 Years
Min: 828.01   Med: 1330.07   Max: 2937.44
Current: 1538.77

During the past 13 years, Hefei Urban Construction Development Co's highest Days Inventory was 2937.44. The lowest was 828.01. And the median was 1330.07.

SZSE:002208's Days Inventory is ranked worse than
73.02% of 1327 companies
in the Real Estate industry
Industry Median: 694.58 vs SZSE:002208: 1538.77

Hefei Urban Construction Development Co's Days Inventory increased from Mar. 2023 (2,560.25) to Mar. 2024 (6,968.37). It might indicate that Hefei Urban Construction Development Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hefei Urban Construction Development Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.01.

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. Hefei Urban Construction Development Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 64.05.


Hefei Urban Construction Development Co Days Inventory Historical Data

The historical data trend for Hefei Urban Construction Development 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.

Hefei Urban Construction Development Co Days Inventory Chart

Hefei Urban Construction Development 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 2,747.42 1,383.94 981.21 2,429.52 1,374.21

Hefei Urban Construction Development 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 2,560.25 1,290.47 2,380.93 793.82 6,968.37

Competitive Comparison of Hefei Urban Construction Development Co's Days Inventory

For the Real Estate - Development subindustry, Hefei Urban Construction Development 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.


Hefei Urban Construction Development Co's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Hefei Urban Construction Development Co's Days Inventory falls into.



Hefei Urban Construction Development Co Days Inventory Calculation

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

Hefei Urban Construction Development 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
=( (23068.665 + 24973.76) / 2 ) / 6380.228*365
=24021.2125 / 6380.228*365
=1,374.21

Hefei Urban Construction Development 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
=( (24973.76 + 25894.953) / 2 ) / 333.06*365 / 4
=25434.3565 / 333.06*365 / 4
=6,968.37

* 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.


Hefei Urban Construction Development Co  (SZSE:002208) 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.

Hefei Urban Construction Development 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.

Hefei Urban Construction Development Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=25434.3565 / 397.119
=64.05

* 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.


Hefei Urban Construction Development Co Days Inventory Related Terms

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


Hefei Urban Construction Development Co (SZSE:002208) Business Description

Traded in Other Exchanges
N/A
Address
No. 319 Changjiang Middle Road, Renhe Tower, 23-24F, Hefei, Anhui, CHN, 230061
Hefei Urban Construction Development Co Ltd is a real estate company. The company is focusing on the development and construction of residential real estate, commercial real estate and office buildings.
Executives
Tian Feng Secretary, Director
Wu Qian Qiu Executives
Xu Shu Ping Independent director
Tian Ran Supervisors
Zheng Pei Fei Supervisors
Wang Qing Sheng Executives
Xu Hong Directors, executives
Chen Qi Mei Directors, executives
He Yi Ou Executives
Ding Yan Executives
Wang Xiao Yi Director
Hang Hao Executives
Yuan Ke Jun Executives
Zhang Jin Sheng Executives, executives, directors

Hefei Urban Construction Development Co (SZSE:002208) Headlines

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