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China Overseas Property Holdings (HKSE:02669) Days Inventory : 26.36 (As of Dec. 2023)


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What is China Overseas Property Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Overseas Property Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$856 Mil. China Overseas Property Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$5,923 Mil. Hence, China Overseas Property Holdings's Days Inventory for the six months ended in Dec. 2023 was 26.36.

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

HKSE:02669' s Days Inventory Range Over the Past 10 Years
Min: 0.67   Med: 10.78   Max: 35.9
Current: 27

During the past 10 years, China Overseas Property Holdings's highest Days Inventory was 35.90. The lowest was 0.67. And the median was 10.78.

HKSE:02669's Days Inventory is ranked better than
87.72% of 1327 companies
in the Real Estate industry
Industry Median: 697.68 vs HKSE:02669: 27.00

China Overseas Property Holdings's Days Inventory declined from Dec. 2022 (32.03) to Dec. 2023 (26.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Overseas Property Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 6.92.

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 Overseas Property Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.12.


China Overseas Property Holdings Days Inventory Historical Data

The historical data trend for China Overseas Property 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.

China Overseas Property Holdings Days Inventory Chart

China Overseas Property Holdings 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 19.00 34.97 35.90 33.60 26.72

China Overseas Property Holdings Semi-Annual Data
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 35.80 35.37 32.03 27.88 26.36

Competitive Comparison of China Overseas Property Holdings's Days Inventory

For the Real Estate Services subindustry, China Overseas Property 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.


China Overseas Property Holdings's Days Inventory Distribution in the Real Estate Industry

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

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



China Overseas Property Holdings Days Inventory Calculation

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

China Overseas Property 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
=( (954.022 + 804.633) / 2 ) / 12011.257*365
=879.3275 / 12011.257*365
=26.72

China Overseas Property 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
=( (906.484 + 804.633) / 2 ) / 5922.797*365 / 2
=855.5585 / 5922.797*365 / 2
=26.36

* 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 Overseas Property Holdings  (HKSE:02669) 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 Overseas Property Holdings'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 Overseas Property Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

* 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 Overseas Property Holdings Days Inventory Related Terms

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


China Overseas Property Holdings (HKSE:02669) Business Description

Traded in Other Exchanges
Address
1 Queen’s Road East, Suite 703, 7th Floor, Three Pacific Place, Hongkong, HKG
China Overseas Property Holdings Ltd is an investment holding company. The business activities of the group functioned through Property Management Services and Value-added Services and Car parking spaces trading business. Property Management Services division provides services such as security, repairs and maintenance, cleaning and garden landscape maintenance, pre-delivery services, and engineering service quality monitoring. Value-added services include engineering services such as automation consulting, engineering product sales, equipment upgrade services, community leasing, and other services. In addition the group is also involved in trading of various types of car parking spaces. The company derives the majority of revenue from Property Management Services.

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