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Central China Real Estate (Central China Real Estate) Days Inventory : 1,419.52 (As of Dec. 2023)


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What is Central China Real Estate Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Central China Real Estate's Average Total Inventories for the six months ended in Dec. 2023 was $11,202 Mil. Central China Real Estate's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,440 Mil. Hence, Central China Real Estate's Days Inventory for the six months ended in Dec. 2023 was 1,419.52.

The historical rank and industry rank for Central China Real Estate's Days Inventory or its related term are showing as below:

CNLLF' s Days Inventory Range Over the Past 10 Years
Min: 630.87   Med: 888.44   Max: 1789.24
Current: 1789.04

During the past 13 years, Central China Real Estate's highest Days Inventory was 1789.24. The lowest was 630.87. And the median was 888.44.

CNLLF's Days Inventory is ranked worse than
77.17% of 1327 companies
in the Real Estate industry
Industry Median: 697.68 vs CNLLF: 1789.04

Central China Real Estate's Days Inventory increased from Dec. 2022 (1,128.51) to Dec. 2023 (1,419.52). It might indicate that Central China Real Estate'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. Central China Real Estate's Inventory Turnover for the six months ended in Dec. 2023 was 0.13.

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. Central China Real Estate's Inventory-to-Revenue for the six months ended in Dec. 2023 was 7.15.


Central China Real Estate Days Inventory Historical Data

The historical data trend for Central China Real Estate'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.

Central China Real Estate Days Inventory Chart

Central China Real Estate 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 970.17 811.30 905.29 1,546.84 1,792.35

Central China Real Estate Semi-Annual Data
Jun14 Dec14 Jun15 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 Premium Member Only Premium Member Only 893.51 2,524.58 1,128.51 2,334.39 1,419.52

Competitive Comparison of Central China Real Estate's Days Inventory

For the Real Estate - Development subindustry, Central China Real Estate'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.


Central China Real Estate's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Central China Real Estate's Days Inventory falls into.



Central China Real Estate Days Inventory Calculation

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

Central China Real Estate'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
=( (13233.585 + 10564.272) / 2 ) / 2423.137*365
=11898.9285 / 2423.137*365
=1,792.35

Central China Real Estate'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
=( (11839.195 + 10564.272) / 2 ) / 1440.147*365 / 2
=11201.7335 / 1440.147*365 / 2
=1,419.52

* 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.


Central China Real Estate  (OTCPK:CNLLF) 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.

Central China Real Estate'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.

Central China Real Estate's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=11201.7335 / 1566.735
=7.15

* 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.


Central China Real Estate Days Inventory Related Terms

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


Central China Real Estate (Central China Real Estate) Business Description

Traded in Other Exchanges
Address
Nongye East Road, Block E, Jianye Office Building, Henan Province, Zhengzhou, CHN
Central China Real Estate Limited is a Hong Kong-based investment holding company principally engaged in property businesses. The Company's main businesses include the development of property projects for sales and rental, as well as hotel operations. Its properties include Zhengzhou Tianzhu, Zhengzhou Triumph Plaza, Pingdingshan Eighteen Cities, and Jiaozuo Xiuwu Forest Peninsula, among others. Its hotels include Le Meridien Zhengzhou, Aloft Zhengzhou Shangjie, and Holiday Inn Nanyang, among others. The Company is also involved in the businesses of cultural tourism projects and light-asset model projects. The Company mainly operates businesses in Henan, China.

Central China Real Estate (Central China Real Estate) Headlines