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Shenzhen Overseas Chinese Town Co (SZSE:000069) Days Inventory : 834.24 (As of Dec. 2023)


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What is Shenzhen Overseas Chinese Town Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shenzhen Overseas Chinese Town Co's Average Total Inventories for the three months ended in Dec. 2023 was ¥184,885 Mil. Shenzhen Overseas Chinese Town Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥20,223 Mil. Hence, Shenzhen Overseas Chinese Town Co's Days Inventory for the three months ended in Dec. 2023 was 834.24.

The historical rank and industry rank for Shenzhen Overseas Chinese Town Co's Days Inventory or its related term are showing as below:

SZSE:000069' s Days Inventory Range Over the Past 10 Years
Min: 1160.53   Med: 1436.16   Max: 2555.74
Current: 1550.55

During the past 13 years, Shenzhen Overseas Chinese Town Co's highest Days Inventory was 2555.74. The lowest was 1160.53. And the median was 1436.16.

SZSE:000069's Days Inventory is ranked worse than
98.2% of 668 companies
in the Travel & Leisure industry
Industry Median: 36.44 vs SZSE:000069: 1550.55

Shenzhen Overseas Chinese Town Co's Days Inventory increased from Dec. 2022 (573.59) to Dec. 2023 (834.24). It might indicate that Shenzhen Overseas Chinese Town Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Overseas Chinese Town Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.11.

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. Shenzhen Overseas Chinese Town Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 7.71.


Shenzhen Overseas Chinese Town Co Days Inventory Historical Data

The historical data trend for Shenzhen Overseas Chinese Town Co'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.

Shenzhen Overseas Chinese Town Co Days Inventory Chart

Shenzhen Overseas Chinese Town Co 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 2,429.44 1,936.41 1,200.15 1,367.28 1,512.50

Shenzhen Overseas Chinese Town Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 573.59 3,267.68 1,774.51 1,890.82 834.24

Competitive Comparison of Shenzhen Overseas Chinese Town Co's Days Inventory

For the Lodging subindustry, Shenzhen Overseas Chinese Town Co'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.


Shenzhen Overseas Chinese Town Co's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shenzhen Overseas Chinese Town Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shenzhen Overseas Chinese Town Co's Days Inventory falls into.



Shenzhen Overseas Chinese Town Co Days Inventory Calculation

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

Shenzhen Overseas Chinese Town Co'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
=( (196025.928 + 178317.385) / 2 ) / 45168.78*365
=187171.6565 / 45168.78*365
=1,512.50

Shenzhen Overseas Chinese Town Co'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (191451.989 + 178317.385) / 2 ) / 20222.834*365 / 4
=184884.687 / 20222.834*365 / 4
=834.24

* 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.


Shenzhen Overseas Chinese Town Co  (SZSE:000069) 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.

Shenzhen Overseas Chinese Town Co's Inventory Turnover for the three months ended in Dec. 2023 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.

Shenzhen Overseas Chinese Town Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=184884.687 / 23983.845
=7.71

* 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.


Shenzhen Overseas Chinese Town Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Shenzhen Overseas Chinese Town Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen Overseas Chinese Town Co (SZSE:000069) Business Description

Traded in Other Exchanges
N/A
Address
Office Building, Overseas Chinese Town Group, Nanshan District, Guangdong Province, Shenzhen, CHN, 518053
Shenzhen Overseas Chinese Town Co Ltd is engaged in tourism, real estate and hotel development in China.

Shenzhen Overseas Chinese Town Co (SZSE:000069) Headlines

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