China Resources Mixc Lifestyle Services (HKSE:01209) Days Inventory : 7.73 (As of Jun. 2023)

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What is China Resources Mixc Lifestyle Services Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Resources Mixc Lifestyle Services's Average Total Inventories for the six months ended in Jun. 2023 was HK$210 Mil. China Resources Mixc Lifestyle Services's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$4,966 Mil. Hence, China Resources Mixc Lifestyle Services's Days Inventory for the six months ended in Jun. 2023 was 7.73.

The historical rank and industry rank for China Resources Mixc Lifestyle Services's Days Inventory or its related term are showing as below:

HKSE:01209' s Days Inventory Range Over the Past 10 Years
Min: 4.96 Med: 7.47 Max: 10.89
Current: 7.1

During the past 7 years, China Resources Mixc Lifestyle Services's highest Days Inventory was 10.89. The lowest was 4.96. And the median was 7.47.

HKSE:01209's Days Inventory is ranked better than
92.07% of 1324 companies
in the Real Estate industry
Industry Median: 693.655 vs HKSE:01209: 7.10

China Resources Mixc Lifestyle Services's Days Inventory increased from Jun. 2022 (6.69) to Jun. 2023 (7.73). It might indicate that China Resources Mixc Lifestyle Services's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Resources Mixc Lifestyle Services's Inventory Turnover for the six months ended in Jun. 2023 was 23.60.

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 Resources Mixc Lifestyle Services's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.03.

China Resources Mixc Lifestyle Services Days Inventory Historical Data

The historical data trend for China Resources Mixc Lifestyle Services'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.

China Resources Mixc Lifestyle Services Days Inventory Chart

China Resources Mixc Lifestyle Services Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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7.93

10.89

9.78

6.50

6.41

China Resources Mixc Lifestyle Services Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial							7.93	6.69	5.21	7.73	7.20

Competitive Comparison of China Resources Mixc Lifestyle Services's Days Inventory

For the Real Estate Services subindustry, China Resources Mixc Lifestyle Services'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.

China Resources Mixc Lifestyle Services's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Resources Mixc Lifestyle Services's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Resources Mixc Lifestyle Services's Days Inventory falls into.

China Resources Mixc Lifestyle Services Days Inventory Calculation

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

China Resources Mixc Lifestyle Services's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (168.981	+	165.244)	/	2 )	/	9386.261	*	365
=	167.1125					/	9386.261	*	365
=	6.50

China Resources Mixc Lifestyle Services's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (165.244	+	255.549)	/	2 )	/	4966.332	*	365 / 2
=	210.3965					/	4966.332	*	365 / 2
=	7.73

China Resources Mixc Lifestyle Services (HKSE:01209) 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.

China Resources Mixc Lifestyle Services's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4966.332	/	210.3965
	=	23.60

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 Resources Mixc Lifestyle Services's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	210.3965	/	7430.405
	=	0.03

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.

China Resources Mixc Lifestyle Services Days Inventory Related Terms

Thank you for viewing the detailed overview of China Resources Mixc Lifestyle Services's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

China Resources Mixc Lifestyle Services (HKSE:01209) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Resources Mixc Lifestyle Services Ltd (HKSE:01209) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9668 Shennan Avenue, 30th Floor, China Resources Land Building, Tower B, Nanshan District, Shenzhen, CHN

Website

https://www.crmixclifestyle.com.cn

China Resources Mixc Lifestyle Services Ltd offers property management services. The business activities of the group function through two business segments namely the residential property management services segment and Commercial operational and property management services segment. Majority of revenue is generated from Commercial operational and property management services segment. The Group provides property management and value-added services to portfolios of residential properties, and also manages and operates a diversified and growing portfolio of commercial properties comprising shopping malls and office buildings. Geographically the company operates through the regions of China.

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