Dowell Service Group Co (HKSE:02352) Days Inventory : 10.97 (As of Dec. 2023)

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What is Dowell Service Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dowell Service Group Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$46 Mil. Dowell Service Group Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$758 Mil. Hence, Dowell Service Group Co's Days Inventory for the six months ended in Dec. 2023 was 10.97.

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

HKSE:02352' s Days Inventory Range Over the Past 10 Years
Min: 11.88 Med: 21.38 Max: 49.74
Current: 11.88

During the past 5 years, Dowell Service Group Co's highest Days Inventory was 49.74. The lowest was 11.88. And the median was 21.38.

HKSE:02352's Days Inventory is ranked better than
90.35% of 1327 companies
in the Real Estate industry
Industry Median: 694.58 vs HKSE:02352: 11.88

Dowell Service Group Co's Days Inventory declined from Dec. 2022 (14.10) to Dec. 2023 (10.97).

Inventory Turnover measures how fast the company turns over its inventory within a year. Dowell Service Group Co's Inventory Turnover for the six months ended in Dec. 2023 was 16.63.

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. Dowell Service Group Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.05.

Dowell Service Group Co Days Inventory Historical Data

The historical data trend for Dowell Service Group Co'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.

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Dowell Service Group Co Days Inventory Chart

Dowell Service Group Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

49.74

35.81

21.38

16.51

12.04

Dowell Service Group Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			19.63	20.97	14.10	12.80	10.97

Competitive Comparison of Dowell Service Group Co's Days Inventory

For the Real Estate Services subindustry, Dowell Service Group Co'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.

Dowell Service Group Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Dowell Service Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dowell Service Group Co's Days Inventory falls into.

Dowell Service Group Co Days Inventory Calculation

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

Dowell Service Group Co'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
=	( (44.704	+	47.083)	/	2 )	/	1391.349	*	365
=	45.8935					/	1391.349	*	365
=	12.04

Dowell Service Group Co'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
=	( (44.109	+	47.083)	/	2 )	/	758.247	*	365 / 2
=	45.596					/	758.247	*	365 / 2
=	10.97

Dowell Service Group Co (HKSE:02352) 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.

Dowell Service Group Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	758.247	/	45.596
	=	16.63

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.

Dowell Service Group Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	45.596	/	850.338
	=	0.05

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.

Dowell Service Group Co Days Inventory Related Terms

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

Dowell Service Group Co (HKSE:02352) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Dowell Service Group Co Ltd (HKSE:02352) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 108 Baihe Road, Room 206, B1/F, Nanping Town, Nan’an District, Chongqing, CHN, 400000

Website

http://www.dowellservice.com

Dowell Service Group Co Ltd is an investment holding company established in the PRC. The Group is engaged in the provision of property management services, community value-added services, and value-added services to non-property owners.

Executives

Chong Qing Chao Feng Lian Wu Zi You Xian Gong Si	2106 Person having a security interest in shares
Lin Zi Yao	2201 Interest of corporation controlled by you
Chong Qing Di Ma Rui Sheng Shi Ye You Xian Gong Si	2201 Interest of corporation controlled by you
Chong Qing Shi Di Ma Shi Ye Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Chong Qing Dong Yin Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Tian Jin Cheng Fang Qi Ye Guan Li Zi Xun You Xian Gong Si	2101 Beneficial owner
Lo Siu Yu	2201 Interest of corporation controlled by you
Chiu Kit Hung	2202 Interest of your spouse
Harvest Fund Management Co., Ltd.	2201 Interest of corporation controlled by you
China Credit Trust Co., Ltd	2201 Interest of corporation controlled by you
Zhang Xiang Nong	2202 Interest of your spouse
Rui Fu Zi Ben Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Wang Hao	2201 Interest of corporation controlled by you
Bai Tian You Xian Gong Si	2101 Beneficial owner
Ma Xue Mei	2202 Interest of your spouse

Dowell Service Group Co (HKSE:02352) Headlines

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