GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sino Horizon Holdings Ltd (TPE:2923) » Definitions » Days Inventory

Sino Horizon Holdings (TPE:2923) Days Inventory : 2,646.90 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Sino Horizon Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sino Horizon Holdings's Average Total Inventories for the three months ended in Mar. 2024 was NT$47,718 Mil. Sino Horizon Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,645 Mil. Hence, Sino Horizon Holdings's Days Inventory for the three months ended in Mar. 2024 was 2,646.90.

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

TPE:2923' s Days Inventory Range Over the Past 10 Years
Min: 1857.58   Med: 4381.15   Max: 10161.93
Current: 3399.51

During the past 13 years, Sino Horizon Holdings's highest Days Inventory was 10161.93. The lowest was 1857.58. And the median was 4381.15.

TPE:2923's Days Inventory is ranked worse than
87.73% of 1328 companies
in the Real Estate industry
Industry Median: 699.495 vs TPE:2923: 3399.51

Sino Horizon Holdings's Days Inventory increased from Mar. 2023 (2,544.35) to Mar. 2024 (2,646.90). It might indicate that Sino Horizon Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sino Horizon Holdings'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. Sino Horizon Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 11.43.


Sino Horizon Holdings Days Inventory Historical Data

The historical data trend for Sino Horizon 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.

* Premium members only.

Sino Horizon Holdings Days Inventory Chart

Sino Horizon Holdings 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 5,145.84 1,857.58 7,295.87 4,603.09 3,339.80

Sino Horizon Holdings 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 2,544.35 12,123.84 3,115.49 2,531.00 2,646.90

Competitive Comparison of Sino Horizon Holdings's Days Inventory

For the Real Estate - Development subindustry, Sino Horizon 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.


Sino Horizon Holdings's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Sino Horizon Holdings's Days Inventory falls into.



Sino Horizon Holdings Days Inventory Calculation

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

Sino Horizon 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
=( (48252.779 + 47254.348) / 2 ) / 5218.896*365
=47753.5635 / 5218.896*365
=3,339.80

Sino Horizon Holdings'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
=( (47254.348 + 48182.286) / 2 ) / 1645.057*365 / 4
=47718.317 / 1645.057*365 / 4
=2,646.90

* 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.


Sino Horizon Holdings  (TPE:2923) 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.

Sino Horizon Holdings'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.

Sino Horizon Holdings's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=47718.317 / 4176.626
=11.43

* 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.


Sino Horizon Holdings Days Inventory Related Terms

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


Sino Horizon Holdings (TPE:2923) Business Description

Traded in Other Exchanges
N/A
Address
450, Ruijin 2 Road, Huangpu District, Shanghai, CHN
Sino Horizon Holdings Ltd provides real estate development services. The company manages, sells, and develops real estate businesses in China. Its reportable segments include real-estate sales, commercial leasing, property management, and others. The company derives the maximum revenue from the real-estate sales segment. Geographically, it operates in Mainland China.

Sino Horizon Holdings (TPE:2923) Headlines

No Headlines