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China Housing & Land Development (China Housing & Land Development) Inventory Turnover : 0.04 (As of Sep. 2015)


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What is China Housing & Land Development Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. China Housing & Land Development's Cost of Goods Sold for the three months ended in Sep. 2015 was $15.7 Mil. China Housing & Land Development's Average Total Inventories for the quarter that ended in Sep. 2015 was $378.6 Mil. China Housing & Land Development's Inventory Turnover for the quarter that ended in Sep. 2015 was 0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Housing & Land Development's Days Inventory for the three months ended in Sep. 2015 was 2,195.51.

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. China Housing & Land Development's Inventory-to-Revenue for the quarter that ended in Sep. 2015 was 19.22.

China Housing & Land Development Inventory Turnover Historical Data

The historical data trend for China Housing & Land Development's Inventory Turnover 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.

China Housing & Land Development Inventory Turnover Chart

China Housing & Land Development Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.74 0.58 0.58 0.40

China Housing & Land Development Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Inventory Turnover 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 0.06 0.13 0.05 0.08 0.04

China Housing & Land Development Inventory Turnover Calculation

China Housing & Land Development's Inventory Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Inventory Turnover (A: Dec. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2014 ) / ((Total Inventories (A: Dec. 2013 ) + Total Inventories (A: Dec. 2014 )) / count )
=131.222 / ((289.475 + 374.084) / 2 )
=131.222 / 331.7795
=0.40

China Housing & Land Development's Inventory Turnover for the quarter that ended in Sep. 2015 is calculated as

Inventory Turnover (Q: Sep. 2015 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2015 ) / ((Total Inventories (Q: Jun. 2015 ) + Total Inventories (Q: Sep. 2015 )) / count )
=15.736 / ((376.485 + 380.745) / 2 )
=15.736 / 378.615
=0.04

* 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.

China Housing & Land Development  (NAS:CHLN) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

China Housing & Land Development's Days Inventory for the three months ended in Sep. 2015 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2015 )/Cost of Goods Sold (Q: Sep. 2015 )*Days in Period
=378.615/15.736*365 / 4
=2,195.51

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.

China Housing & Land Development's Inventory to Revenue for the quarter that ended in Sep. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2015 ) / Revenue (Q: Sep. 2015 )
=378.615 / 19.702
=19.22

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

China Housing & Land Development Inventory Turnover Related Terms

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China Housing & Land Development (China Housing & Land Development) Business Description

Industry
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Traded in Other Exchanges
N/A
Address
Website
http://www.chldinc.com
China Housing & Land Development Inc was incorporated in the state of Nevada on July 6, 2004, as Pacific Northwest Productions Inc. On May 4, 2006, the Company changed its name to China Housing & Land Development, Inc. The Company is a real estate development company engaged in the development, construction, sale and management of residential and commercial real estate units, as well as land development. The Company has two reportable segments: Real Estate Development and Sales segment and Real Estate Construction segment. The Real Estate Development and Sales segment includes operating subsidiaries, Tsining, Puhua, NewLand, Suodi, FangZhou and JiYuan, while the Real Estate Construction segment represents Xinxing Construction. These two segments offer different products and services. The two segments are managed separately because it produces distinct products and provides different services. The Company and its other subsidiaries, Manstate, Success Hill, Way fast, Clever Advance, Grace mind, Treasure Asia and Property Management are aggregated as All Other segment. The Company faces intense competition from other real estate developers. The Company is subject to statutes and rules regulating, among other things, certain developmental matters, building and site design, and matters concerning the protection of health and the environment.
Executives
Heung Sang Fong director 12897 REGAN LANE, SARATOGA CA 95070
Albert Mclelland director 9114 LA STRADA CT., DALLAS TX 75220

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