Harbour Centre Development (HKSE:00051) Days Inventory : 565.87 (As of Dec. 2023)

View and export this data going back to 1971. Start your Free Trial

What is Harbour Centre Development Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Harbour Centre Development's Average Total Inventories for the six months ended in Dec. 2023 was HK$1,386 Mil. Harbour Centre Development's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$447 Mil. Hence, Harbour Centre Development's Days Inventory for the six months ended in Dec. 2023 was 565.87.

The historical rank and industry rank for Harbour Centre Development's Days Inventory or its related term are showing as below:

HKSE:00051' s Days Inventory Range Over the Past 10 Years
Min: 150.51 Med: 630.23 Max: 3555.62
Current: 760.08

During the past 13 years, Harbour Centre Development's highest Days Inventory was 3555.62. The lowest was 150.51. And the median was 630.23.

HKSE:00051's Days Inventory is ranked worse than
52.82% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs HKSE:00051: 760.08

Harbour Centre Development's Days Inventory declined from Dec. 2022 (1,078.25) to Dec. 2023 (565.87).

Inventory Turnover measures how fast the company turns over its inventory within a year. Harbour Centre Development's Inventory Turnover for the six months ended in Dec. 2023 was 0.32.

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. Harbour Centre Development's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.53.

Harbour Centre Development Days Inventory Historical Data

The historical data trend for Harbour Centre Development'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.

Harbour Centre Development Days Inventory Chart

Harbour Centre Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

3,555.62

741.34

388.09

1,133.75

730.00

Harbour Centre Development 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															280.82	1,139.26	1,078.25	1,103.32	565.87

Competitive Comparison of Harbour Centre Development's Days Inventory

For the Real Estate - Development subindustry, Harbour Centre Development'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.

Harbour Centre Development's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Harbour Centre Development's Days Inventory distribution charts can be found below:

* The bar in red indicates where Harbour Centre Development's Days Inventory falls into.

Harbour Centre Development Days Inventory Calculation

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

Harbour Centre Development'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
=	( (1801	+	1127)	/	2 )	/	732	*	365
=	1464					/	732	*	365
=	730.00

Harbour Centre Development'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
=	( (1645	+	1127)	/	2 )	/	447	*	365 / 2
=	1386					/	447	*	365 / 2
=	565.87

Harbour Centre Development (HKSE:00051) 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.

Harbour Centre Development's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	447	/	1386
	=	0.32

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.

Harbour Centre Development's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1386	/	906
	=	1.53

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.

Harbour Centre Development Days Inventory Related Terms

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

Harbour Centre Development (HKSE:00051) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Harbour Centre Development Ltd (HKSE:00051) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Canton Road, 16th Floor, Ocean Centre, Harbour City, Kowloon, Hong Kong, HKG

Website

http://www.harbourcentre.com.hk

Harbour Centre Development Ltd has engaged in the acquisition, development, design, construction, sales, and marketing of properties in China. The operating business segments are investments, development property, investment property, and hotels. The Development property segment do activities relating to the acquisition, development, design, construction, sales, and marketing of properties in Mainland China. The Investment property segment represents the property leasing of the company's investment properties in Hong Kong. The Hotel segment represents the operations of Marco Polo Hongkong Hotel and Marco Polo Changzhou. It also includes The Murray, which is under construction. Its maximum revenue is driven by the Development property segment and from the Mainland China region.

Executives

Hsbc Trustee (c.i.) Limited	2301 Trustee
Wheelock And Company Limited	2201 Interest of corporation controlled by you
Wharf Real Estate Investment Company Limited	2201 Interest of corporation controlled by you

Harbour Centre Development (HKSE:00051) Headlines

No Headlines