Shenzhen Properties & Resources Development (Group) (SZSE:200011) Days Inventory : 3,070.21 (As of Mar. 2024)

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What is Shenzhen Properties & Resources Development (Group) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shenzhen Properties & Resources Development (Group)'s Average Total Inventories for the three months ended in Mar. 2024 was HK$12,228 Mil. Shenzhen Properties & Resources Development (Group)'s Cost of Goods Sold for the three months ended in Mar. 2024 was HK$363 Mil. Hence, Shenzhen Properties & Resources Development (Group)'s Days Inventory for the three months ended in Mar. 2024 was 3,070.21.

The historical rank and industry rank for Shenzhen Properties & Resources Development (Group)'s Days Inventory or its related term are showing as below:

SZSE:200011' s Days Inventory Range Over the Past 10 Years
Min: 346.46 Med: 1346.8 Max: 1853.84
Current: 1795.47

During the past 13 years, Shenzhen Properties & Resources Development (Group)'s highest Days Inventory was 1853.84. The lowest was 346.46. And the median was 1346.80.

SZSE:200011's Days Inventory is ranked worse than
76.62% of 1330 companies
in the Real Estate industry
Industry Median: 699.495 vs SZSE:200011: 1795.47

Shenzhen Properties & Resources Development (Group)'s Days Inventory declined from Mar. 2023 (3,215.37) to Mar. 2024 (3,070.21).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Properties & Resources Development (Group)'s Inventory Turnover for the three months ended in Mar. 2024 was 0.03.

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. Shenzhen Properties & Resources Development (Group)'s Inventory-to-Revenue for the three months ended in Mar. 2024 was 27.69.

Shenzhen Properties & Resources Development (Group) Days Inventory Historical Data

The historical data trend for Shenzhen Properties & Resources Development (Group)'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.

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Shenzhen Properties & Resources Development (Group) Days Inventory Chart

Shenzhen Properties & Resources Development (Group) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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806.93

1,306.16

1,424.97

1,935.05

1,822.42

Shenzhen Properties & Resources Development (Group) 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															3,215.37	963.05	2,701.52	2,065.68	3,070.21

Competitive Comparison of Shenzhen Properties & Resources Development (Group)'s Days Inventory

For the Real Estate - Development subindustry, Shenzhen Properties & Resources Development (Group)'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.

Shenzhen Properties & Resources Development (Group)'s Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shenzhen Properties & Resources Development (Group)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Shenzhen Properties & Resources Development (Group)'s Days Inventory falls into.

Shenzhen Properties & Resources Development (Group) Days Inventory Calculation

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

Shenzhen Properties & Resources Development (Group)'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
=	( (12256.317	+	12138.987)	/	2 )	/	2442.982	*	365
=	12197.652					/	2442.982	*	365
=	1,822.42

Shenzhen Properties & Resources Development (Group)'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
=	( (12138.987	+	12317.951)	/	2 )	/	363.443	*	365 / 4
=	12228.469					/	363.443	*	365 / 4
=	3,070.21

Shenzhen Properties & Resources Development (Group) (SZSE:200011) 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.

Shenzhen Properties & Resources Development (Group)'s Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	363.443	/	12228.469
	=	0.03

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.

Shenzhen Properties & Resources Development (Group)'s Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	12228.469	/	441.671
	=	27.69

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.

Shenzhen Properties & Resources Development (Group) Days Inventory Related Terms

Thank you for viewing the detailed overview of Shenzhen Properties & Resources Development (Group)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenzhen Properties & Resources Development (Group) (SZSE:200011) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shenzhen Properties & Resources Development (Group) Ltd (SZSE:200011) » Definitions » Days Inventory

Traded in Other Exchanges

000011:China

Address

Renmin South Road, 39 Floor and 42 Floor, International Trade Center, Guangdong Province, Luohu District, Shenzhen, CHN, 518014

Website

http://www.szwuye.com.cn

Shenzhen Properties & Resources Development (Group) Ltd is engaged in real estate development property management and housing asset operation as the basic business, with catering service, warehousing business and supervision business. It develops the residence, the hi-end apartment and the office building. It also provides house leasing, catering service, warehousing service, and supervision service. The company operates in three segments namely Real estate, Property management, and Catering service. Majority of the revenue is derived from the Real estate segment.

Shenzhen Properties & Resources Development (Group) (SZSE:200011) Headlines

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