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Dingyi Group Investment (HKSE:00508) Days Inventory : 5,233.84 (As of Sep. 2023)


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What is Dingyi Group Investment Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dingyi Group Investment's Average Total Inventories for the six months ended in Sep. 2023 was HK$1,790.0 Mil. Dingyi Group Investment's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$62.4 Mil. Hence, Dingyi Group Investment's Days Inventory for the six months ended in Sep. 2023 was 5,233.84.

The historical rank and industry rank for Dingyi Group Investment's Days Inventory or its related term are showing as below:

HKSE:00508' s Days Inventory Range Over the Past 10 Years
Min: 105.96   Med: 2107.73   Max: 330226.81
Current: 2900.03

During the past 13 years, Dingyi Group Investment's highest Days Inventory was 330226.81. The lowest was 105.96. And the median was 2107.73.

HKSE:00508's Days Inventory is ranked worse than
98.02% of 101 companies
in the Credit Services industry
Industry Median: 45.6 vs HKSE:00508: 2900.03

Dingyi Group Investment's Days Inventory increased from Sep. 2022 (453.10) to Sep. 2023 (5,233.84). It might indicate that Dingyi Group Investment's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dingyi Group Investment's Inventory Turnover for the six months ended in Sep. 2023 was 0.03.

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. Dingyi Group Investment's Inventory-to-Revenue for the six months ended in Sep. 2023 was 15.20.


Dingyi Group Investment Days Inventory Historical Data

The historical data trend for Dingyi Group Investment'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.

Dingyi Group Investment Days Inventory Chart

Dingyi Group Investment 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 3,375.92 34,547.88 18,121.76 330,226.81 759.08

Dingyi Group Investment 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 360,443.72 247,263.39 453.10 2,026.16 5,233.84

Competitive Comparison of Dingyi Group Investment's Days Inventory

For the Credit Services subindustry, Dingyi Group Investment'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.


Dingyi Group Investment's Days Inventory Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Dingyi Group Investment's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dingyi Group Investment's Days Inventory falls into.



Dingyi Group Investment Days Inventory Calculation

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

Dingyi Group Investment'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
=( (2261.759 + 1825.456) / 2 ) / 982.658*365
=2043.6075 / 982.658*365
=759.08

Dingyi Group Investment'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
=( (1825.456 + 1754.492) / 2 ) / 62.415*365 / 2
=1789.974 / 62.415*365 / 2
=5,233.84

* 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.


Dingyi Group Investment  (HKSE:00508) 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.

Dingyi Group Investment'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.

Dingyi Group Investment'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.


Dingyi Group Investment Days Inventory Related Terms

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


Dingyi Group Investment (HKSE:00508) Business Description

Traded in Other Exchanges
N/A
Address
1 Harbour Road, Units 2703, 27th Floor, Wanchai, Convention Plaza - Office Tower, Hong Kong, HKG
Dingyi Group Investment Ltd is a Hong-based company engaged in loan financing, securities trading, and property development, Its operating segments include securities trading business; loan financing business; and property development business of which it generates the majority of the revenue from the property development business.
Executives
Li Kwong Yuk 2101 Beneficial owner
Wincon Capital Investment Limited 2101 Beneficial owner
Zhong Guo Chuan Bo Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
China Shipbuilding Capital Limited 2101 Beneficial owner

Dingyi Group Investment (HKSE:00508) Headlines

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