Goldcrest Co (Goldcrest Co) Days Inventory : 1,976.25 (As of Dec. 2023)

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What is Goldcrest Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Goldcrest Co's Average Total Inventories for the three months ended in Dec. 2023 was $592.5 Mil. Goldcrest Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $27.4 Mil. Hence, Goldcrest Co's Days Inventory for the three months ended in Dec. 2023 was 1,976.25.

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

CDCTF' s Days Inventory Range Over the Past 10 Years
Min: 1545.04 Med: 1807.02 Max: 3323.21
Current: 3323.21

During the past 13 years, Goldcrest Co's highest Days Inventory was 3323.21. The lowest was 1545.04. And the median was 1807.02.

CDCTF's Days Inventory is ranked worse than
88.07% of 1324 companies
in the Real Estate industry
Industry Median: 693.655 vs CDCTF: 3323.21

Goldcrest Co's Days Inventory declined from Dec. 2022 (3,582.19) to Dec. 2023 (1,976.25).

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. Goldcrest Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.05.

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. Goldcrest Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 13.13.

Goldcrest Co Days Inventory Historical Data

The historical data trend for Goldcrest 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.

Goldcrest Co Days Inventory Chart

Goldcrest Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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1,787.76

1,838.68

1,720.38

1,644.37

2,753.22

Goldcrest Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															3,582.19	3,617.89	5,671.63	4,350.53	1,976.25

Competitive Comparison of Goldcrest Co's Days Inventory

For the Real Estate - Development subindustry, Goldcrest 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.

Goldcrest Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Goldcrest Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Goldcrest Co's Days Inventory falls into.

Goldcrest Co Days Inventory Calculation

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

Goldcrest Co's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (675.938	+	611.861)	/	2 )	/	85.363	*	365
=	643.8995					/	85.363	*	365
=	2,753.22

Goldcrest Co'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (583.638	+	601.376)	/	2 )	/	27.358	*	365 / 4
=	592.507					/	27.358	*	365 / 4
=	1,976.25

Goldcrest Co (OTCPK:CDCTF) 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.

Goldcrest Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	27.358	/	592.507
	=	0.05

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.

Goldcrest Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	592.507	/	45.117
	=	13.13

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.

Goldcrest Co Days Inventory Related Terms

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

Goldcrest Co (Goldcrest Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Goldcrest Co Ltd (OTCPK:CDCTF) » Definitions » Days Inventory

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8871:Japan

Address

2-1-1 Otemachi Chiyoda-ku, 12th floor, Otemachi Nomura Building, Tokyo, JPN, 100-0004

Website

http://www.goldcrest.co.jp

Goldcrest Co Ltd is a property development company. It is engaged in the development and sale of condominiums in and around the Tokyo Metropolitan Area. The Company operates in three business segments such as Real Estate Sales, Real Estate Leasing, and Others. The Real Estate Sales segment deals with the development and marketing of condominiums such as Crest City, Crest Form series and Crest Residence. The Real Estate Leasing segment involves with office building and apartment leasing activities. The others segment offers real estate management services.

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