Great Eagle Holdings (HKSE:00041) Days Inventory : 645.67 (As of Dec. 2023)

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What is Great Eagle Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Great Eagle Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$11,524 Mil. Great Eagle Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3,257 Mil. Hence, Great Eagle Holdings's Days Inventory for the six months ended in Dec. 2023 was 645.67.

The historical rank and industry rank for Great Eagle Holdings's Days Inventory or its related term are showing as below:

HKSE:00041' s Days Inventory Range Over the Past 10 Years
Min: 105.33 Med: 300.02 Max: 870.18
Current: 717.02

During the past 13 years, Great Eagle Holdings's highest Days Inventory was 870.18. The lowest was 105.33. And the median was 300.02.

HKSE:00041's Days Inventory is ranked worse than
50.9% of 1326 companies
in the Real Estate industry
Industry Median: 699.495 vs HKSE:00041: 717.02

Great Eagle Holdings's Days Inventory declined from Dec. 2022 (787.87) to Dec. 2023 (645.67).

Inventory Turnover measures how fast the company turns over its inventory within a year. Great Eagle Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 0.28.

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. Great Eagle Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 2.07.

Great Eagle Holdings Days Inventory Historical Data

The historical data trend for Great Eagle Holdings'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.

Great Eagle Holdings Days Inventory Chart

Great Eagle Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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388.35

280.56

640.56

870.18

724.59

Great Eagle Holdings 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															914.03	977.81	787.87	794.05	645.67

Competitive Comparison of Great Eagle Holdings's Days Inventory

For the Real Estate - Diversified subindustry, Great Eagle Holdings'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.

Great Eagle Holdings's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Great Eagle Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Great Eagle Holdings's Days Inventory falls into.

Great Eagle Holdings Days Inventory Calculation

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

Great Eagle Holdings'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
=	( (12196.735	+	11548.02)	/	2 )	/	5980.533	*	365
=	11872.3775					/	5980.533	*	365
=	724.59

Great Eagle Holdings'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
=	( (11500.422	+	11548.02)	/	2 )	/	3257.332	*	365 / 2
=	11524.221					/	3257.332	*	365 / 2
=	645.67

Great Eagle Holdings (HKSE:00041) 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.

Great Eagle Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3257.332	/	11524.221
	=	0.28

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.

Great Eagle Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	11524.221	/	5561.733
	=	2.07

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.

Great Eagle Holdings Days Inventory Related Terms

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

Great Eagle Holdings (HKSE:00041) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Great Eagle Holdings Ltd (HKSE:00041) » Definitions » Days Inventory

Traded in Other Exchanges

GEAHF:USA GHK:Germany

Address

23 Harbour Road, 33rd Floor, Great Eagle Centre, Wanchai, Hong Kong, HKG

Website

https://www.greateagle.com.hk

Great Eagle Holdings Ltd is an investment holding company. The group along with its subsidiaries is engaged in property development and investment, operations of hotels, restaurants and flexible workspaces, asset management, project management, trading of building materials, securities investment, provision of property management, maintenance and property agency services and property leasing. The company generates a majority of its revenue from Hong Kong.

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