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Richly Field China Development (HKSE:00313) Days Inventory : 14,763.01 (As of Sep. 2023)


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What is Richly Field China Development Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Richly Field China Development's Average Total Inventories for the six months ended in Sep. 2023 was HK$700.78 Mil. Richly Field China Development's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$8.66 Mil. Hence, Richly Field China Development's Days Inventory for the six months ended in Sep. 2023 was 14,763.01.

The historical rank and industry rank for Richly Field China Development's Days Inventory or its related term are showing as below:

HKSE:00313' s Days Inventory Range Over the Past 10 Years
Min: 1127.53   Med: 4189.78   Max: 31452.88
Current: 18828.91

During the past 13 years, Richly Field China Development's highest Days Inventory was 31452.88. The lowest was 1127.53. And the median was 4189.78.

HKSE:00313's Days Inventory is ranked worse than
97.74% of 1328 companies
in the Real Estate industry
Industry Median: 699.495 vs HKSE:00313: 18828.91

Richly Field China Development's Days Inventory increased from Sep. 2022 (4,648.13) to Sep. 2023 (14,763.01). It might indicate that Richly Field China Development's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Richly Field China Development's Inventory Turnover for the six months ended in Sep. 2023 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. Richly Field China Development's Inventory-to-Revenue for the six months ended in Sep. 2023 was 46.37.


Richly Field China Development Days Inventory Historical Data

The historical data trend for Richly Field China Development'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.

Richly Field China Development Days Inventory Chart

Richly Field China Development Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,223.84 4,599.45 31,452.88 1,127.53 7,679.07

Richly Field China Development Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 47,462.45 603.90 4,648.13 25,277.38 14,763.01

Competitive Comparison of Richly Field China Development's Days Inventory

For the Real Estate - Development subindustry, Richly Field China Development'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.


Richly Field China Development's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Richly Field China Development's Days Inventory falls into.



Richly Field China Development Days Inventory Calculation

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

Richly Field China Development'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
=( (824.969 + 714.212) / 2 ) / 36.58*365
=769.5905 / 36.58*365
=7,679.07

Richly Field China Development's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (714.212 + 687.344) / 2 ) / 8.663*365 / 2
=700.778 / 8.663*365 / 2
=14,763.01

* 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.


Richly Field China Development  (HKSE:00313) 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.

Richly Field China Development's Inventory Turnover for the six months ended in Sep. 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.

Richly Field China Development's Inventory to Revenue for the six months ended in Sep. 2023 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.


Richly Field China Development Days Inventory Related Terms

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


Richly Field China Development (HKSE:00313) Business Description

Traded in Other Exchanges
N/A
Address
No. 223 Hing Fong Road, Unit 1504, 15th Floor, Tower 2, Metroplaza, Kwai Chung, New Territories, Hong Kong, HKG
Richly Field China Development Ltd is an investment holding company. The group is principally engaged in outlets commercial operation and development and operation of featured commercial properties (such as tourism property, senior care property and wine chateaus), development of high-end residential properties as well as property management. The group's revenue is derived from its property development and investment projects in Changsha, Hunan Province (Changsha Project), Qinhuangdao of Hebei Province (Qinhuangdao Project) and Ningxia, Yinchuan City (Ningxia Project) in the PRC.
Executives
Galaxy Sharp Investment Holdings Limited 2201 Interest of corporation controlled by you
Sino Dynamics Investments Limited 2201 Interest of corporation controlled by you
Wu Peipei 2201 Interest of corporation controlled by you
Wang Hua 2201 Interest of corporation controlled by you
Zhen Xuan Tou Zi You Xian Gong Si 2101 Beneficial owner
Du Wei 2201 Interest of corporation controlled by you
Quan Li Guo Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Jia Yue You Xian Gong Si 2101 Beneficial owner
Mei De Qi Ye You Xian Gong Si 2201 Interest of corporation controlled by you

Richly Field China Development (HKSE:00313) Headlines

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