China Overseas Land & Investment (HKSE:00688) Days Inventory : 963.85 (As of Dec. 2023)

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What is China Overseas Land & Investment Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Overseas Land & Investment's Average Total Inventories for the six months ended in Dec. 2023 was HK$533,570 Mil. China Overseas Land & Investment's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$101,029 Mil. Hence, China Overseas Land & Investment's Days Inventory for the six months ended in Dec. 2023 was 963.85.

The historical rank and industry rank for China Overseas Land & Investment's Days Inventory or its related term are showing as below:

HKSE:00688' s Days Inventory Range Over the Past 10 Years
Min: 727.93 Med: 1099.74 Max: 1396.81
Current: 1120.69

During the past 13 years, China Overseas Land & Investment's highest Days Inventory was 1396.81. The lowest was 727.93. And the median was 1099.74.

HKSE:00688's Days Inventory is ranked worse than
63.62% of 1325 companies
in the Real Estate industry
Industry Median: 693.87 vs HKSE:00688: 1120.69

China Overseas Land & Investment's Days Inventory declined from Dec. 2022 (1,478.02) to Dec. 2023 (963.85).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Overseas Land & Investment's Inventory Turnover for the six months ended in Dec. 2023 was 0.19.

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. China Overseas Land & Investment's Inventory-to-Revenue for the six months ended in Dec. 2023 was 4.30.

China Overseas Land & Investment Days Inventory Historical Data

The historical data trend for China Overseas Land & 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.

China Overseas Land & Investment Days Inventory Chart

China Overseas Land & Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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1,304.88

1,201.20

905.99

1,296.11

1,138.87

China Overseas Land & Investment 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															777.39	1,115.60	1,478.02	1,309.38	963.85

Competitive Comparison of China Overseas Land & Investment's Days Inventory

For the Real Estate - Development subindustry, China Overseas Land & 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.

China Overseas Land & Investment's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where China Overseas Land & Investment's Days Inventory falls into.

China Overseas Land & Investment Days Inventory Calculation

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

China Overseas Land & Investment'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
=	( (558672.609	+	542783.098)	/	2 )	/	176504.484	*	365
=	550727.8535					/	176504.484	*	365
=	1,138.87

China Overseas Land & Investment'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
=	( (524357.339	+	542783.098)	/	2 )	/	101028.659	*	365 / 2
=	533570.2185					/	101028.659	*	365 / 2
=	963.85

China Overseas Land & Investment (HKSE:00688) 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.

China Overseas Land & Investment's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	101028.659	/	533570.2185
	=	0.19

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.

China Overseas Land & Investment's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	533570.2185	/	123995.526
	=	4.30

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.

China Overseas Land & Investment Days Inventory Related Terms

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

China Overseas Land & Investment (HKSE:00688) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Overseas Land & Investment Ltd (HKSE:00688) » Definitions » Days Inventory

Traded in Other Exchanges

CAOVY:USA CAOVF:USA CPP:Germany

Address

1 Queen's Road East, 10th Floor, Three Pacific Place, Hong Kong, HKG

Website

http://www.coli.com.hk

China Overseas Land & Investment, or COLI, is a large real estate developer in China. Property development accounts for most of the core earnings, with operating scale among the top five of all peers regarding contracted sales. In addition to property development, COLI has actively grown its commercial property portfolio, with a dual focus on offices and shopping malls for recurring income. COLI is a subsidiary of China State Construction Engineering, China's largest construction firm. It also holds a 39.6% stake in China Overseas Grand Oceans, a real estate developer focusing on lower-tier cities in China.

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