Shenzhen Special Economic Zone Real Estate And Properties (Group) Co (SZSE:000029) Days Inventory : 7,455.07 (As of Mar. 2024)

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What is Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥3,935.2 Mil. Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥48.2 Mil. Hence, Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Inventory for the three months ended in Mar. 2024 was 7,455.07.

The historical rank and industry rank for Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Inventory or its related term are showing as below:

SZSE:000029' s Days Inventory Range Over the Past 10 Years
Min: 424.44 Med: 666.61 Max: 3853.28
Current: 3853.28

During the past 13 years, Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's highest Days Inventory was 3853.28. The lowest was 424.44. And the median was 666.61.

SZSE:000029's Days Inventory is ranked worse than
89.67% of 1326 companies
in the Real Estate industry
Industry Median: 699.495 vs SZSE:000029: 3853.28

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Inventory increased from Mar. 2023 (3,854.40) to Mar. 2024 (7,455.07). It might indicate that Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.01.

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. Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 66.46.

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Days Inventory Historical Data

The historical data trend for Shenzhen Special Economic Zone Real Estate And Properties (Group) Co'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.

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Days Inventory Chart

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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599.73

607.80

1,439.35

3,462.51

3,353.09

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															3,854.40	3,347.58	5,417.31	2,405.21	7,455.07

Competitive Comparison of Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Inventory

For the Real Estate - Diversified subindustry, Shenzhen Special Economic Zone Real Estate And Properties (Group) Co'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.

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Inventory falls into.

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Days Inventory Calculation

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

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co'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
=	( (4257.11	+	3915.216)	/	2 )	/	444.798	*	365
=	4086.163					/	444.798	*	365
=	3,353.09

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (3915.216	+	3955.218)	/	2 )	/	48.167	*	365 / 4
=	3935.217					/	48.167	*	365 / 4
=	7,455.07

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co (SZSE:000029) 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.

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	48.167	/	3935.217
	=	0.01

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.

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3935.217	/	59.215
	=	66.46

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.

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co (SZSE:000029) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Ltd (SZSE:000029) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

200029:China

Address

No. 3005, Renmin South Road, 45th Floor-48th Floor, Shenfang Plaza, Guangdong, Shenzhen, CHN, 518001

Website

http://www.sfjt.com.cn

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Ltd is a real estate company. The company is engaged in real estate development and sales, property leasing and management, hotel service and construction and installation services. Its products and services include commodity housing, property leasing and management, hotel service, construction and installation service, and renovation service. The operating business division is a Real estate, Engineering and Construction, Rental services, Property management, and others. It generates maximum revenue from the Real estate division.

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