Kerry Properties (HKSE:00683) Days Inventory : 2,097.91 (As of Dec. 2023)

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What is Kerry Properties Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kerry Properties's Average Total Inventories for the six months ended in Dec. 2023 was HK$42,036 Mil. Kerry Properties's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3,657 Mil. Hence, Kerry Properties's Days Inventory for the six months ended in Dec. 2023 was 2,097.91.

The historical rank and industry rank for Kerry Properties's Days Inventory or its related term are showing as below:

HKSE:00683' s Days Inventory Range Over the Past 10 Years
Min: 442.01 Med: 1312.58 Max: 2441.74
Current: 2430.45

During the past 13 years, Kerry Properties's highest Days Inventory was 2441.74. The lowest was 442.01. And the median was 1312.58.

HKSE:00683's Days Inventory is ranked worse than
82.41% of 1319 companies
in the Real Estate industry
Industry Median: 698.69 vs HKSE:00683: 2430.45

Kerry Properties's Days Inventory increased from Dec. 2022 (1,339.56) to Dec. 2023 (2,097.91). It might indicate that Kerry Properties's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kerry Properties's Inventory Turnover for the six months ended in Dec. 2023 was 0.09.

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. Kerry Properties's Inventory-to-Revenue for the six months ended in Dec. 2023 was 5.52.

Kerry Properties Days Inventory Historical Data

The historical data trend for Kerry Properties'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.

Kerry Properties Days Inventory Chart

Kerry Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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702.19

1,307.23

1,633.14

1,783.15

2,441.74

Kerry Properties 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															1,485.81	3,003.94	1,339.56	2,865.62	2,097.91

Competitive Comparison of Kerry Properties's Days Inventory

For the Real Estate - Development subindustry, Kerry Properties'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.

Kerry Properties's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kerry Properties's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kerry Properties's Days Inventory falls into.

Kerry Properties Days Inventory Calculation

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

Kerry Properties'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
=	( (43144.933	+	42059.919)	/	2 )	/	6368.352	*	365
=	42602.426					/	6368.352	*	365
=	2,441.74

Kerry Properties'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
=	( (42011.281	+	42059.919)	/	2 )	/	3656.725	*	365 / 2
=	42035.6					/	3656.725	*	365 / 2
=	2,097.91

Kerry Properties (HKSE:00683) 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.

Kerry Properties's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3656.725	/	42035.6
	=	0.09

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.

Kerry Properties's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	42035.6	/	7617.254
	=	5.52

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.

Kerry Properties Days Inventory Related Terms

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

Kerry Properties (HKSE:00683) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kerry Properties Ltd (HKSE:00683) » Definitions » Days Inventory

Traded in Other Exchanges

KRYPY:USA KRYPF:USA KR3:Germany

Address

683 King’s Road, 25th Floor, Kerry Centre, Quarry Bay, Hong Kong, HKG

Website

https://www.kerryprops.com

Kerry Properties Ltd is Hong Kong-based property developer. The company is engaged in investment holding activity. Through its subsidiaries it engages in property development, investment, and management in Hong Kong, the Mainland, and the Asia Pacific region; hotel ownership in Hong Kong, and hotel ownership and operations in the Mainland; and integrated logistics and international freight forwarding. Substantial revenue is derived from the sale of properties.

Executives

Schroders Plc	2102 Investment manager
Kerry Group Limited	2201 Interest of corporation controlled by you

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