New Silkroad Culturaltainment (HKSE:00472) Days Inventory : 297.17 (As of Dec. 2023)

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What is New Silkroad Culturaltainment Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). New Silkroad Culturaltainment's Average Total Inventories for the six months ended in Dec. 2023 was HK$428.3 Mil. New Silkroad Culturaltainment's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$263.0 Mil. Hence, New Silkroad Culturaltainment's Days Inventory for the six months ended in Dec. 2023 was 297.17.

The historical rank and industry rank for New Silkroad Culturaltainment's Days Inventory or its related term are showing as below:

HKSE:00472' s Days Inventory Range Over the Past 10 Years
Min: 277.26 Med: 616.83 Max: 5293.27
Current: 454.54

During the past 13 years, New Silkroad Culturaltainment's highest Days Inventory was 5293.27. The lowest was 277.26. And the median was 616.83.

HKSE:00472's Days Inventory is ranked better than
60.42% of 1319 companies
in the Real Estate industry
Industry Median: 698.69 vs HKSE:00472: 454.54

New Silkroad Culturaltainment's Days Inventory declined from Dec. 2022 (1,102.90) to Dec. 2023 (297.17).

Inventory Turnover measures how fast the company turns over its inventory within a year. New Silkroad Culturaltainment's Inventory Turnover for the six months ended in Dec. 2023 was 0.61.

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. New Silkroad Culturaltainment's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.28.

New Silkroad Culturaltainment Days Inventory Historical Data

The historical data trend for New Silkroad Culturaltainment'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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New Silkroad Culturaltainment Days Inventory Chart

New Silkroad Culturaltainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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640.09

5,293.27

277.26

811.28

445.86

New Silkroad Culturaltainment Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															152.93	627.55	1,102.90	896.03	297.17

Competitive Comparison of New Silkroad Culturaltainment's Days Inventory

For the Real Estate - Diversified subindustry, New Silkroad Culturaltainment'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.

New Silkroad Culturaltainment's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, New Silkroad Culturaltainment's Days Inventory distribution charts can be found below:

* The bar in red indicates where New Silkroad Culturaltainment's Days Inventory falls into.

New Silkroad Culturaltainment Days Inventory Calculation

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

New Silkroad Culturaltainment'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
=	( (489.579	+	390.703)	/	2 )	/	360.321	*	365
=	440.141					/	360.321	*	365
=	445.86

New Silkroad Culturaltainment'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
=	( (465.855	+	390.703)	/	2 )	/	263.021	*	365 / 2
=	428.279					/	263.021	*	365 / 2
=	297.17

New Silkroad Culturaltainment (HKSE:00472) 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.

New Silkroad Culturaltainment's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	263.021	/	428.279
	=	0.61

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.

New Silkroad Culturaltainment's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	428.279	/	333.928
	=	1.28

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.

New Silkroad Culturaltainment Days Inventory Related Terms

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

New Silkroad Culturaltainment (HKSE:00472) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New Silkroad Culturaltainment Ltd (HKSE:00472) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

262 Gloucester Road, 15th Floor, COFCO Tower, Causeway Bay, Hong Kong, HKG

Website

http://www.newsilkroad472.com

New Silkroad Culturaltainment Ltd is an investment holding company. The company has three reportable segments, namely development and operation of real estate, integrated resort and cultural tourism, production and distribution of wine, and entertainment business. It generates maximum revenue from the real estate, integrated resort, and cultural tourism segments. Geographically, it derives a majority of its revenue from Australia.

Executives

Xiao Wenhui	2201 Interest of corporation controlled by you
Cheung Shek Investment Company Limited	2201 Interest of corporation controlled by you
Macro-link Holding Company Limited	2201 Interest of corporation controlled by you
Fu Kwan	2201 Interest of corporation controlled by you
Macrolink Culturaltainment Development Co., Ltd.	2201 Interest of corporation controlled by you
Macro-link International Land Limited	2101 Beneficial owner
Macro-link Industrial Investment Limited	2201 Interest of corporation controlled by you
Macro-link International Investment Co, Ltd.	2101 Beneficial owner
Paisheng International Technology Co., Ltd	2101 Beneficial owner
Paison Technology Group Ltd.	2201 Interest of corporation controlled by you
Tang Jun	2201 Interest of corporation controlled by you

New Silkroad Culturaltainment (HKSE:00472) Headlines

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