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China Jinmao Holdings Group (HKSE:00817) Days Inventory : 278.19 (As of Dec. 2023)


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What is China Jinmao Holdings Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Jinmao Holdings Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$68,331 Mil. China Jinmao Holdings Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$44,828 Mil. Hence, China Jinmao Holdings Group's Days Inventory for the six months ended in Dec. 2023 was 278.19.

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

HKSE:00817' s Days Inventory Range Over the Past 10 Years
Min: 342.53   Med: 479.36   Max: 708.84
Current: 363.41

During the past 13 years, China Jinmao Holdings Group's highest Days Inventory was 708.84. The lowest was 342.53. And the median was 479.36.

HKSE:00817's Days Inventory is ranked better than
64.9% of 1319 companies
in the Real Estate industry
Industry Median: 698.69 vs HKSE:00817: 363.41

China Jinmao Holdings Group's Days Inventory declined from Dec. 2022 (285.11) to Dec. 2023 (278.19).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Jinmao Holdings Group's Inventory Turnover for the six months ended in Dec. 2023 was 0.66.

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 Jinmao Holdings Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.37.


China Jinmao Holdings Group Days Inventory Historical Data

The historical data trend for China Jinmao Holdings Group'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 Jinmao Holdings Group Days Inventory Chart

China Jinmao Holdings Group 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 699.04 538.81 352.81 345.86 342.53

China Jinmao Holdings Group 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 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 286.42 594.99 285.11 548.90 278.19

Competitive Comparison of China Jinmao Holdings Group's Days Inventory

For the Real Estate - Development subindustry, China Jinmao Holdings Group'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 Jinmao Holdings Group's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where China Jinmao Holdings Group's Days Inventory falls into.



China Jinmao Holdings Group Days Inventory Calculation

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

China Jinmao Holdings Group'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
=( (70408.968 + 59708.001) / 2 ) / 69326.038*365
=65058.4845 / 69326.038*365
=342.53

China Jinmao Holdings Group'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
=( (76954.687 + 59708.001) / 2 ) / 44827.904*365 / 2
=68331.344 / 44827.904*365 / 2
=278.19

* 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.


China Jinmao Holdings Group  (HKSE:00817) 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 Jinmao Holdings Group's Inventory Turnover for the six 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.

China Jinmao Holdings Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=68331.344 / 49835.142
=1.37

* 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.


China Jinmao Holdings Group Days Inventory Related Terms

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


China Jinmao Holdings Group (HKSE:00817) Business Description

Traded in Other Exchanges
Address
No. 1 Harbour Road, Room 4702-4703, 47th Floor, Office Tower, Convention Plaza, Wanchai, Hong Kong, HKG
China Jinmao, formerly known as Franshion Properties, is a mid-cap real estate developer in China, and listed on the Hong Kong stock exchange in 2007. As the real estate arm of Sinochem, a leading government-controlled chemical-producing conglomerate, China Jinmao focuses on the development of high-end residential projects in higher-tier cities of China with premium pricing. It also engages in a unique city operation model, in which it has opportunities to participate in large-scale primary and secondary land development through specific agreements with local government. Under the mixed ownership reform initiative, China Jinmao brought in Ping An as a long-term financial investor and as the second largest shareholder.
Executives
Ubs Group Ag 2201 Interest of corporation controlled by you
Zhong Guo Zhong Hua Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Zhong Hua Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Hua Xiang Gang Ji Tuan You Xian Gong Si 2101 Beneficial owner
Zhong Guo Zhong Hua Kong Gu You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Ping An Bao Xian Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Ping An Ren Shou Bao Xian Gu Fen You Xian Gong Si 2501 Other
Ping An Of China Asset Management (hong Kong) Company Limited
New China Asset Management Company Limited 2201 Interest of corporation controlled by you
New China Life Insurance Company Ltd. 2201 Interest of corporation controlled by you
New China Asset Management (hong Kong) Limited 2201 Interest of corporation controlled by you

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