GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ever Sunshine Services Group Ltd (HKSE:01995) » Definitions » Days Inventory

Ever Sunshine Services Group (HKSE:01995) Days Inventory : 0.24 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Ever Sunshine Services Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ever Sunshine Services Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$4 Mil. Ever Sunshine Services Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3,001 Mil. Hence, Ever Sunshine Services Group's Days Inventory for the six months ended in Dec. 2023 was 0.24.

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

HKSE:01995' s Days Inventory Range Over the Past 10 Years
Min: 0.13   Med: 0.38   Max: 63.49
Current: 0.23

During the past 9 years, Ever Sunshine Services Group's highest Days Inventory was 63.49. The lowest was 0.13. And the median was 0.38.

HKSE:01995's Days Inventory is ranked better than
99.1% of 1327 companies
in the Real Estate industry
Industry Median: 697.68 vs HKSE:01995: 0.23

Ever Sunshine Services Group's Days Inventory increased from Dec. 2022 (0.23) to Dec. 2023 (0.24). It might indicate that Ever Sunshine Services Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ever Sunshine Services Group's Inventory Turnover for the six months ended in Dec. 2023 was 773.63.

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. Ever Sunshine Services Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.


Ever Sunshine Services Group Days Inventory Historical Data

The historical data trend for Ever Sunshine Services 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.

* Premium members only.

Ever Sunshine Services Group Days Inventory Chart

Ever Sunshine Services Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only - - 0.38 0.25 0.22

Ever Sunshine Services Group Semi-Annual Data
Dec15 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 0.22 0.28 0.23 0.25 0.24

Competitive Comparison of Ever Sunshine Services Group's Days Inventory

For the Real Estate Services subindustry, Ever Sunshine Services 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.


Ever Sunshine Services Group's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ever Sunshine Services Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ever Sunshine Services Group's Days Inventory falls into.



Ever Sunshine Services Group Days Inventory Calculation

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

Ever Sunshine Services Group'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
=( (3.333 + 3.49) / 2 ) / 5779.981*365
=3.4115 / 5779.981*365
=0.22

Ever Sunshine Services Group'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
=( (4.269 + 3.49) / 2 ) / 3001.301*365 / 2
=3.8795 / 3001.301*365 / 2
=0.24

* 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.


Ever Sunshine Services Group  (HKSE:01995) 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.

Ever Sunshine Services Group'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.

Ever Sunshine Services Group's Inventory to Revenue for the six months ended in Dec. 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.


Ever Sunshine Services Group Days Inventory Related Terms

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


Ever Sunshine Services Group (HKSE:01995) Business Description

Traded in Other Exchanges
N/A
Address
Lane 1088, Shenhong Road, 6th Floor, Building 5, Henderson CIFI Center, Minhang District, Shanghai, CHN
CIFI Ever Sunshine Services Group Ltd is a property management service provider in China. The company's property portfolio includes residential and non-residential properties such as offices, shopping malls, schools, and government buildings. The firm operates in three business lines, namely, property management services, community value-added services, and value-added services to non-property owners. It provides its property management services in China from where it generates the maximum revenue.

Ever Sunshine Services Group (HKSE:01995) Headlines

No Headlines