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Easyhome New Retail Group Co (SZSE:000785) Days Inventory : 22.67 (As of Mar. 2024)


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What is Easyhome New Retail Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Easyhome New Retail Group Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥493 Mil. Easyhome New Retail Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,985 Mil. Hence, Easyhome New Retail Group Co's Days Inventory for the three months ended in Mar. 2024 was 22.67.

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

SZSE:000785' s Days Inventory Range Over the Past 10 Years
Min: 8.71   Med: 22.8   Max: 32.11
Current: 19.12

During the past 13 years, Easyhome New Retail Group Co's highest Days Inventory was 32.11. The lowest was 8.71. And the median was 22.80.

SZSE:000785's Days Inventory is ranked better than
91.28% of 1066 companies
in the Retail - Cyclical industry
Industry Median: 110.765 vs SZSE:000785: 19.12

Easyhome New Retail Group Co's Days Inventory declined from Mar. 2023 (23.15) to Mar. 2024 (22.67).

Inventory Turnover measures how fast the company turns over its inventory within a year. Easyhome New Retail Group Co's Inventory Turnover for the three months ended in Mar. 2024 was 4.02.

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. Easyhome New Retail Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.16.


Easyhome New Retail Group Co Days Inventory Historical Data

The historical data trend for Easyhome New Retail 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.

Easyhome New Retail Group Co Days Inventory Chart

Easyhome New Retail Group Co 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 8.71 13.09 15.10 24.61 20.99

Easyhome New Retail 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 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 Premium Member Only 23.15 20.22 18.39 15.60 22.67

Competitive Comparison of Easyhome New Retail Group Co's Days Inventory

For the Department Stores subindustry, Easyhome New Retail 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.


Easyhome New Retail Group Co's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Easyhome New Retail Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Easyhome New Retail Group Co's Days Inventory falls into.



Easyhome New Retail Group Co Days Inventory Calculation

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

Easyhome New Retail 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
=( (586.019 + 437.721) / 2 ) / 8903.147*365
=511.87 / 8903.147*365
=20.99

Easyhome New Retail 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
=( (437.721 + 548.578) / 2 ) / 1984.601*365 / 4
=493.1495 / 1984.601*365 / 4
=22.67

* 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.


Easyhome New Retail Group Co  (SZSE:000785) 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.

Easyhome New Retail Group Co's Inventory Turnover for the three months ended in Mar. 2024 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.

Easyhome New Retail Group Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


Easyhome New Retail Group Co Days Inventory Related Terms

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


Easyhome New Retail Group Co (SZSE:000785) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Zhongnan Road, Wuchang District, Hubei Province, Wuhan, CHN, 430071
Easyhome New Retail Group Co Ltd, formerly Wuhan Zhongnan Commercial Group Co Ltd is a China-based commercial and retailing company. It is mainly engaged in commercial property development, shopping mall decoration, and e-commerce business. The company owns department stores, shopping mall, cheap supermarkets, hypermarkets and retail store with China Merchants Plaza Shopping Center, China Merchants Xudong Cheap Price Plaza and Wuhan Pinpin. The firm is also engaged in shop leasing and project development business.

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