The historical rank and industry rank for Magnus Concordia Group's Days Inventory or its related term are showing as below:
HKSE:01172'
s Days Inventory Range Over the Past 10 Years
Min: 69.1 Med: 181.54 Max: 2180.2
Current: 419.86
During the past 13 years, Magnus Concordia Group's highest Days Inventory was 2180.20. The lowest was 69.10. And the median was 181.54.
HKSE:01172's Days Inventory is ranked better than 61.75% of 1328
companies
in the Real Estate industry
Industry Median: 699.495
vs HKSE:01172: 419.86
Magnus Concordia Group's Days Inventory
declined
from Sep. 2022 (1,006.76) to Sep. 2023 (452.75).
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.
Magnus Concordia Group's Inventory Turnover for the
six
months ended in Sep. 2023 was 0.40.
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.
Magnus Concordia Group's Inventory-to-Revenue for the
six
months ended in Sep. 2023 was 2.05.
Magnus Concordia Group Days Inventory Historical Data
The historical data trend for Magnus Concordia Group'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.
Competitive Comparison of Magnus Concordia Group's Days Inventory
For the Real Estate - Development subindustry, Magnus Concordia Group'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.
Magnus Concordia Group's Days Inventory Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Magnus Concordia Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Magnus Concordia Group's Days Inventory falls into.
Magnus Concordia Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Magnus Concordia Group's Days Inventory for the fiscal year that ended in Mar. 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.
Magnus Concordia Group (HKSE:01172) 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.
Magnus Concordia Group'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.
Magnus Concordia Group'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.
Magnus Concordia Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Magnus Concordia Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Magnus Concordia Group (HKSE:01172) Business Description
Magnus Concordia Group Ltd is an investment holding company. The company's business divisions are Printing business, Property investment, Property Development, and Treasury where the printing business division includes the manufacture and sale of printed products including art books, packaging boxes, and children's books. property investment segment covers the investment and leasing of real estate properties, the Property development segment covers the development, sale, and trading of real estate properties, and the Treasury business involves the investment and trading of debts, equity, and other treasury instruments. The company earns its maximum revenue from property development and has a presence in Hong Kong, the United States, the UK, France, Mainland China, and other countries.
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