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Yixin Group (HKSE:02858) Days Inventory : 0.00 (As of Dec. 2023)


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What is Yixin Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yixin Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$0 Mil. Yixin Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$2,207 Mil. Hence, Yixin Group's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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

HKSE:02858's Days Inventory is not ranked *
in the Credit Services industry.
Industry Median: 43.015
* Ranked among companies with meaningful Days Inventory only.

Yixin Group's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Yixin Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.


Yixin Group Days Inventory Historical Data

The historical data trend for Yixin 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.

Yixin Group Days Inventory Chart

Yixin Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Yixin Group Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Yixin Group's Days Inventory

For the Credit Services subindustry, Yixin 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.


Yixin Group's Days Inventory Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Yixin Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Yixin Group's Days Inventory falls into.



Yixin Group Days Inventory Calculation

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

Yixin 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
=( (0 + 0) / 1 ) / 3761.312*365
=0 / 3761.312*365
=0.00

Yixin 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
=( (0 + 0) / 1 ) / 2207.341*365 / 2
=0 / 2207.341*365 / 2
=0.00

* 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.


Yixin Group  (HKSE:02858) 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.

Yixin 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.

Yixin Group'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.


Yixin Group Days Inventory Related Terms

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


Yixin Group (HKSE:02858) Business Description

Traded in Other Exchanges
Address
No. 365 Linhong Road, 1 North, Zhongguancun Hongqiao Innovation Center, Changning District, Shanghai, CHN
Yixin Group Ltd is an online automobile retail transaction platform in China. The company operates in two segments namely Transaction platform services and Self-operated financing business. The transaction platform segment is comprised of facilitation and value-added services, and advertising and subscription services. Self-operated financing segment comprises financing lease services and operating lease services. The company generates a majority of its revenue from the Self-operated financing business.
Executives
Zhang Xuan 2101 Beneficial owner
Jd.com Investment Limited 2201 Interest of corporation controlled by you
Jd.com, Inc. 2201 Interest of corporation controlled by you
Liu Qiangdong Richard 2305 Beneficiary of a trust
Max Smart Limited 2201 Interest of corporation controlled by you
Jd Financial Investment Limited 2101 Beneficial owner
Ubs Trustees (b.v.i.) Limited 2301 Trustee
Tsang Ling Kay Rodney 2501 Other
Tencent Holdings Limited 2201 Interest of corporation controlled by you
Hammer Capital Opportunities Fund L.p. 2201 Interest of corporation controlled by you
Cheung Siu Fai 2201 Interest of corporation controlled by you
Cheng Chi Kong 2201 Interest of corporation controlled by you
Woodbury Capital Management Limited 2201 Interest of corporation controlled by you
Silver Oryx Limited 2201 Interest of corporation controlled by you
Hammer Capital Partners Ltd. 2201 Interest of corporation controlled by you

Yixin Group (HKSE:02858) Headlines

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