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Shenzhen New Nanshan Holding (Group) Co (SZSE:002314) Days Inventory : 2,071.91 (As of Mar. 2024)


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What is Shenzhen New Nanshan Holding (Group) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shenzhen New Nanshan Holding (Group) Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥22,861 Mil. Shenzhen New Nanshan Holding (Group) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,007 Mil. Hence, Shenzhen New Nanshan Holding (Group) Co's Days Inventory for the three months ended in Mar. 2024 was 2,071.91.

The historical rank and industry rank for Shenzhen New Nanshan Holding (Group) Co's Days Inventory or its related term are showing as below:

SZSE:002314' s Days Inventory Range Over the Past 10 Years
Min: 339.01   Med: 863.18   Max: 1293.18
Current: 1293.18

During the past 13 years, Shenzhen New Nanshan Holding (Group) Co's highest Days Inventory was 1293.18. The lowest was 339.01. And the median was 863.18.

SZSE:002314's Days Inventory is ranked worse than
68.63% of 1326 companies
in the Real Estate industry
Industry Median: 699.495 vs SZSE:002314: 1293.18

Shenzhen New Nanshan Holding (Group) Co's Days Inventory increased from Mar. 2023 (519.37) to Mar. 2024 (2,071.91). It might indicate that Shenzhen New Nanshan Holding (Group) Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen New Nanshan Holding (Group) Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.04.

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 New Nanshan Holding (Group) Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 17.18.


Shenzhen New Nanshan Holding (Group) Co Days Inventory Historical Data

The historical data trend for Shenzhen New Nanshan Holding (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 New Nanshan Holding (Group) Co Days Inventory Chart

Shenzhen New Nanshan Holding (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 1,052.09 872.71 911.70 867.31 918.67

Shenzhen New Nanshan Holding (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 519.37 904.32 1,800.93 1,033.09 2,071.91

Competitive Comparison of Shenzhen New Nanshan Holding (Group) Co's Days Inventory

For the Real Estate - Diversified subindustry, Shenzhen New Nanshan Holding (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 New Nanshan Holding (Group) Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shenzhen New Nanshan Holding (Group) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shenzhen New Nanshan Holding (Group) Co's Days Inventory falls into.



Shenzhen New Nanshan Holding (Group) Co Days Inventory Calculation

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

Shenzhen New Nanshan Holding (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
=( (24139.744 + 22799.455) / 2 ) / 9324.742*365
=23469.5995 / 9324.742*365
=918.67

Shenzhen New Nanshan Holding (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
=( (22799.455 + 22922.65) / 2 ) / 1006.834*365 / 4
=22861.0525 / 1006.834*365 / 4
=2,071.91

* 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.


Shenzhen New Nanshan Holding (Group) Co  (SZSE:002314) 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 New Nanshan Holding (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.

Shenzhen New Nanshan Holding (Group) Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=22861.0525 / 1330.808
=17.18

* 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.


Shenzhen New Nanshan Holding (Group) Co Days Inventory Related Terms

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Shenzhen New Nanshan Holding (Group) Co (SZSE:002314) Business Description

Traded in Other Exchanges
N/A
Address
5th Floor, South 12th Road, JiuZhou Electric Appliance Building, Science and Technology Park, NanShan District, ShenZhen, CHN
Shenzhen New Nanshan Holding (Group) Co Ltd is engaged in the integrated building business, the company is committed to the development and operation of new integrated buildings. It has seven series of products, such as modular space, packing boxes, movable board houses, special containers and elegant accessories.

Shenzhen New Nanshan Holding (Group) Co (SZSE:002314) Headlines

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