Sinyi Realty (TPE:9940) Days Inventory : 317.95 (As of Mar. 2024)

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What is Sinyi Realty Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sinyi Realty's Average Total Inventories for the three months ended in Mar. 2024 was NT$7,634 Mil. Sinyi Realty's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$2,191 Mil. Hence, Sinyi Realty's Days Inventory for the three months ended in Mar. 2024 was 317.95.

The historical rank and industry rank for Sinyi Realty's Days Inventory or its related term are showing as below:

TPE:9940' s Days Inventory Range Over the Past 10 Years
Min: 270.64 Med: 356.57 Max: 478.36
Current: 311.23

During the past 13 years, Sinyi Realty's highest Days Inventory was 478.36. The lowest was 270.64. And the median was 356.57.

TPE:9940's Days Inventory is ranked better than
68.26% of 1320 companies
in the Real Estate industry
Industry Median: 698.185 vs TPE:9940: 311.23

Sinyi Realty's Days Inventory increased from Mar. 2023 (250.79) to Mar. 2024 (317.95). It might indicate that Sinyi Realty's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sinyi Realty's Inventory Turnover for the three months ended in Mar. 2024 was 0.29.

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. Sinyi Realty's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.43.

Sinyi Realty Days Inventory Historical Data

The historical data trend for Sinyi Realty'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.

Sinyi Realty Days Inventory Chart

Sinyi Realty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

465.40

433.38

275.24

339.93

306.67

Sinyi Realty 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															250.79	296.31	341.56	290.68	317.95

Competitive Comparison of Sinyi Realty's Days Inventory

For the Real Estate Services subindustry, Sinyi Realty'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.

Sinyi Realty's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sinyi Realty's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sinyi Realty's Days Inventory falls into.

Sinyi Realty Days Inventory Calculation

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

Sinyi Realty'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
=	( (9928.737	+	7582.116)	/	2 )	/	10420.582	*	365
=	8755.4265					/	10420.582	*	365
=	306.67

Sinyi Realty'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
=	( (7582.116	+	7686.836)	/	2 )	/	2191.021	*	365 / 4
=	7634.476					/	2191.021	*	365 / 4
=	317.95

Sinyi Realty (TPE:9940) 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.

Sinyi Realty's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2191.021	/	7634.476
	=	0.29

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.

Sinyi Realty's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7634.476	/	3139.67
	=	2.43

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.

Sinyi Realty Days Inventory Related Terms

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

Sinyi Realty (TPE:9940) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sinyi Realty Inc (TPE:9940) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 100, Section 5, Xinyi Road, Xinyi District, Taipei, TWN, 110

Website

https://www.sinyi.com.tw

Sinyi Realty Inc is a full-service real estate broker with operations in Taiwan, mainland China, and Japan. The company is engaged in the real estate agent trading and leasing of various properties including newly developed housing, existing housing and other residential properties, offices, plants, and carparks. Sinyi Realty also provides real estate management and identification, publication, management consulting, and information software services. In addition, the company is a wholesale seller of construction materials, furniture, sanitary ware, and ceramic products.

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