A-Living Smart City Services Co (HKSE:03319) Days Inventory : 1.21 (As of Dec. 2023)

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What is A-Living Smart City Services Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). A-Living Smart City Services Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$49 Mil. A-Living Smart City Services Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$7,299 Mil. Hence, A-Living Smart City Services Co's Days Inventory for the six months ended in Dec. 2023 was 1.21.

The historical rank and industry rank for A-Living Smart City Services Co's Days Inventory or its related term are showing as below:

HKSE:03319' s Days Inventory Range Over the Past 10 Years
Min: 0.79 Med: 2.25 Max: 25.69
Current: 1.3

During the past 10 years, A-Living Smart City Services Co's highest Days Inventory was 25.69. The lowest was 0.79. And the median was 2.25.

HKSE:03319's Days Inventory is ranked better than
97.36% of 1327 companies
in the Real Estate industry
Industry Median: 697.68 vs HKSE:03319: 1.30

A-Living Smart City Services Co's Days Inventory declined from Dec. 2022 (1.25) to Dec. 2023 (1.21).

Inventory Turnover measures how fast the company turns over its inventory within a year. A-Living Smart City Services Co's Inventory Turnover for the six months ended in Dec. 2023 was 150.21.

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. A-Living Smart City Services Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.

A-Living Smart City Services Co Days Inventory Historical Data

The historical data trend for A-Living Smart City Services 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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A-Living Smart City Services Co Days Inventory Chart

A-Living Smart City Services Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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1.57

0.79

1.01

1.36

1.23

A-Living Smart City Services Co Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial												0.96	1.30	1.25	1.46	1.21

Competitive Comparison of A-Living Smart City Services Co's Days Inventory

For the Real Estate Services subindustry, A-Living Smart City Services 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.

A-Living Smart City Services Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, A-Living Smart City Services Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where A-Living Smart City Services Co's Days Inventory falls into.

A-Living Smart City Services Co Days Inventory Calculation

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

A-Living Smart City Services 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
=	( (52.45	+	42.13)	/	2 )	/	13998.071	*	365
=	47.29					/	13998.071	*	365
=	1.23

A-Living Smart City Services 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
=	( (55.051	+	42.13)	/	2 )	/	7298.728	*	365 / 2
=	48.5905					/	7298.728	*	365 / 2
=	1.21

A-Living Smart City Services Co (HKSE:03319) 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.

A-Living Smart City Services Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7298.728	/	48.5905
	=	150.21

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.

A-Living Smart City Services Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	48.5905	/	8471.249
	=	0.01

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.

A-Living Smart City Services Co Days Inventory Related Terms

Thank you for viewing the detailed overview of A-Living Smart City Services Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

A-Living Smart City Services Co (HKSE:03319) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » A-Living Smart City Services Co Ltd (HKSE:03319) » Definitions » Days Inventory

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1V0:Germany

Address

26 Huaxia Road, 35th Floor, Agile Centre, Zhujiang New Town, Tianhe District, Guangdong Province, Guangzhou, CHN, 510623

Website

https://www.agileliving.com.cn

A-Living Smart City Services, or A-Living, is one of Hong Kong's first listed property management companies. It was spun off from parent Agile Property Holdings in 2018, with Agile retaining 54%. A-Living generates revenue from providing property management services with a focus on mid-to-high-end properties, as well as value-added services to property owners and nonproperty owners. A-Living operates in over 27 cities and regions across China, with a geographical focus in Guangdong province. Prior to listing, A-Living acquired Greenland Property Services in 2017, which accounted for significant goodwill on the balance sheet. Post listing, the company also announced the major acquisition of CMIG PM.

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