Runhua Living Service Group Holdings (HKSE:02455) Days Inventory : 0.08 (As of Jun. 2023)

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What is Runhua Living Service Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Runhua Living Service Group Holdings's Average Total Inventories for the six months ended in Jun. 2023 was HK$0.1 Mil. Runhua Living Service Group Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$326.4 Mil. Hence, Runhua Living Service Group Holdings's Days Inventory for the six months ended in Jun. 2023 was 0.08.

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

HKSE:02455' s Days Inventory Range Over the Past 10 Years
Min: 0.07 Med: 0.67 Max: 2.74
Current: 0.07

During the past 5 years, Runhua Living Service Group Holdings's highest Days Inventory was 2.74. The lowest was 0.07. And the median was 0.67.

HKSE:02455's Days Inventory is ranked better than
99.7% of 1320 companies
in the Real Estate industry
Industry Median: 698.185 vs HKSE:02455: 0.07

Runhua Living Service Group Holdings's Days Inventory declined from Jun. 2022 (0.10) to Jun. 2023 (0.08).

Inventory Turnover measures how fast the company turns over its inventory within a year. Runhua Living Service Group Holdings's Inventory Turnover for the six months ended in Jun. 2023 was 2,220.26.

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. Runhua Living Service Group Holdings's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.00.

Runhua Living Service Group Holdings Days Inventory Historical Data

The historical data trend for Runhua Living Service Group 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.

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Runhua Living Service Group Holdings Days Inventory Chart

Runhua Living Service Group Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

2.74

1.21

0.12

0.08

0.07

Runhua Living Service Group Holdings Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			0.08	0.10	0.08	0.08	0.07

Competitive Comparison of Runhua Living Service Group Holdings's Days Inventory

For the Real Estate Services subindustry, Runhua Living Service Group 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.

Runhua Living Service Group Holdings's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Runhua Living Service Group Holdings's Days Inventory falls into.

Runhua Living Service Group Holdings Days Inventory Calculation

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

Runhua Living Service Group Holdings's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.151	+	0.138)	/	2 )	/	636.358	*	365
=	0.1445					/	636.358	*	365
=	0.08

Runhua Living Service Group Holdings's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.138	+	0.156)	/	2 )	/	326.378	*	365 / 2
=	0.147					/	326.378	*	365 / 2
=	0.08

Runhua Living Service Group Holdings (HKSE:02455) 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.

Runhua Living Service Group Holdings's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	326.378	/	0.147
	=	2,220.26

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.

Runhua Living Service Group Holdings's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.147	/	400.575
	=	0.00

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.

Runhua Living Service Group Holdings Days Inventory Related Terms

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

Runhua Living Service Group Holdings (HKSE:02455) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Runhua Living Service Group Holdings Ltd (HKSE:02455) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 28988 Jingshi Road, 6th Floor, Building No. 1, Lemeng Center, Shandong Province, Jinan, CHN

Website

http://www.sdrhwy.cn

Runhua Living Service Group Holdings Ltd is a comprehensive property management service provider in China. The business activities of the company are divided into four segments in terms of nature, namely property management services; property engineering and landscape construction services; ) leasing services from property investment; and other services.

Executives

Liang Yuefeng	2202 Interest of your spouse
Luan Hangqian	2201 Interest of corporation controlled by you
Luan Tao	2201 Interest of corporation controlled by you
Springrain Investment Limited	2101 Beneficial owner
Ji Nan Huai Yin Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si	2101 Beneficial owner

Runhua Living Service Group Holdings (HKSE:02455) Headlines

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