Times Neighborhood Holdings (Times Neighborhood Holdings) Days Inventory : 0.57 (As of Dec. 2023)

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What is Times Neighborhood Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Times Neighborhood Holdings's Average Total Inventories for the six months ended in Dec. 2023 was $0.4 Mil. Times Neighborhood Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $143.1 Mil. Hence, Times Neighborhood Holdings's Days Inventory for the six months ended in Dec. 2023 was 0.57.

The historical rank and industry rank for Times Neighborhood Holdings's Days Inventory or its related term are showing as below:

TNHDF' s Days Inventory Range Over the Past 10 Years
Min: 0.33 Med: 1.05 Max: 3.21
Current: 0.61

During the past 8 years, Times Neighborhood Holdings's highest Days Inventory was 3.21. The lowest was 0.33. And the median was 1.05.

TNHDF's Days Inventory is ranked better than
98.56% of 1319 companies
in the Real Estate industry
Industry Median: 699.54 vs TNHDF: 0.61

Times Neighborhood Holdings's Days Inventory increased from Dec. 2022 (0.39) to Dec. 2023 (0.57). It might indicate that Times Neighborhood Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Times Neighborhood Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 318.96.

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. Times Neighborhood Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Times Neighborhood Holdings Days Inventory Historical Data

The historical data trend for Times Neighborhood Holdings'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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Times Neighborhood Holdings Days Inventory Chart

Times Neighborhood Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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1.25

0.85

0.33

0.44

0.61

Times Neighborhood Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial									0.26	0.23	0.39	0.66	0.57

Competitive Comparison of Times Neighborhood Holdings's Days Inventory

For the Real Estate Services subindustry, Times Neighborhood Holdings'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.

Times Neighborhood Holdings's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Times Neighborhood Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Times Neighborhood Holdings's Days Inventory falls into.

Times Neighborhood Holdings Days Inventory Calculation

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

Times Neighborhood Holdings'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
=	( (0.484	+	0.437)	/	2 )	/	273.885	*	365
=	0.4605					/	273.885	*	365
=	0.61

Times Neighborhood Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.46	+	0.437)	/	2 )	/	143.052	*	365 / 2
=	0.4485					/	143.052	*	365 / 2
=	0.57

Times Neighborhood Holdings (OTCPK:TNHDF) 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.

Times Neighborhood Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	143.052	/	0.4485
	=	318.96

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.

Times Neighborhood Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.4485	/	175.002
	=	0.00

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.

Times Neighborhood Holdings Days Inventory Related Terms

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

Times Neighborhood Holdings (Times Neighborhood Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Times Neighborhood Holdings Ltd (OTCPK:TNHDF) » Definitions » Days Inventory

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Traded in Other Exchanges

09928:Hong Kong

Address

No. 410 Dongfeng Middle Road, Room 1103, 11th Floor, Yuexiu District, Guangdong Province, Guangzhou, CHN

Website

http://www.shidaiwuye.com

Times Neighborhood Holdings Ltd. is an investment holding company engaged in the provision of property management services which include value-added services for non-property owners, community value-added services, and other professional services are among the company's offerings. The group's revenue comes entirely from its Mainland China operations.