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Zhenro Properties Group (HKSE:06158) Days Inventory : 961.52 (As of Dec. 2023)


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What is Zhenro Properties Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhenro Properties Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$111,966 Mil. Zhenro Properties Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$21,252 Mil. Hence, Zhenro Properties Group's Days Inventory for the six months ended in Dec. 2023 was 961.52.

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

HKSE:06158' s Days Inventory Range Over the Past 10 Years
Min: 1097.53   Med: 1403.07   Max: 4425.18
Current: 1099.05

During the past 10 years, Zhenro Properties Group's highest Days Inventory was 4425.18. The lowest was 1097.53. And the median was 1403.07.

HKSE:06158's Days Inventory is ranked worse than
63.56% of 1320 companies
in the Real Estate industry
Industry Median: 698.185 vs HKSE:06158: 1099.05

Zhenro Properties Group's Days Inventory declined from Dec. 2022 (1,894.02) to Dec. 2023 (961.52).

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhenro Properties Group's Inventory Turnover for the six months ended in Dec. 2023 was 0.19.

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. Zhenro Properties Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 5.05.


Zhenro Properties Group Days Inventory Historical Data

The historical data trend for Zhenro Properties 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.

Zhenro Properties Group Days Inventory Chart

Zhenro Properties 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 1,194.66 1,335.23 1,525.26 2,113.70 1,097.53

Zhenro Properties Group Semi-Annual Data
Dec14 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 1,367.57 2,207.09 1,894.02 1,256.34 961.52

Competitive Comparison of Zhenro Properties Group's Days Inventory

For the Real Estate - Development subindustry, Zhenro Properties 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.


Zhenro Properties Group's Days Inventory Distribution in the Real Estate Industry

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

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



Zhenro Properties Group Days Inventory Calculation

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

Zhenro Properties 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
=( (137655.767 + 103068.351) / 2 ) / 40028.162*365
=120362.059 / 40028.162*365
=1,097.53

Zhenro Properties 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
=( (120863.252 + 103068.351) / 2 ) / 21251.501*365 / 2
=111965.8015 / 21251.501*365 / 2
=961.52

* 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.


Zhenro Properties Group  (HKSE:06158) 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.

Zhenro Properties 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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=111965.8015 / 22175.209
=5.05

* 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.


Zhenro Properties Group Days Inventory Related Terms

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


Zhenro Properties Group (HKSE:06158) Business Description

Traded in Other Exchanges
Address
666 Shenhong Road, 3rd Floor, Building 7, Hongqiao Zhenro Center, Minhang District, Shanghai, CHN
Zhenro Properties Group Ltd is a China-based holding company principally engaged in real estate development and property leasing. The Company focuses on the development of residential properties, as well as the development, operation, and management of commercial and mixed-use properties. The Company's businesses include property sales, property leasing, management consulting services, property management services, and sales of goods.
Executives
Lin Shuying 2202 Interest of your spouse
Ou Zongrong 2201 Interest of corporation controlled by you
Royue Limited 2101 Beneficial owner
China Orient Asset Management Co., Ltd. 2201 Interest of corporation controlled by you

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