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Yuexiu Services Group (HKSE:06626) Days Inventory : 1.43 (As of Dec. 2023)


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What is Yuexiu Services Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yuexiu Services Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$11 Mil. Yuexiu Services Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,400 Mil. Hence, Yuexiu Services Group's Days Inventory for the six months ended in Dec. 2023 was 1.43.

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

HKSE:06626' s Days Inventory Range Over the Past 10 Years
Min: 0.28   Med: 0.37   Max: 1.37
Current: 1.37

During the past 6 years, Yuexiu Services Group's highest Days Inventory was 1.37. The lowest was 0.28. And the median was 0.37.

HKSE:06626's Days Inventory is ranked better than
97.14% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs HKSE:06626: 1.37

Yuexiu Services Group's Days Inventory increased from Dec. 2022 (0.66) to Dec. 2023 (1.43). It might indicate that Yuexiu Services Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yuexiu Services Group's Inventory Turnover for the six months ended in Dec. 2023 was 127.20.

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. Yuexiu Services Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.


Yuexiu Services Group Days Inventory Historical Data

The historical data trend for Yuexiu 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.

Yuexiu Services Group Days Inventory Chart

Yuexiu Services Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 0.36 0.37 0.28 0.75 1.29

Yuexiu Services Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.29 0.66 1.37 1.43

Competitive Comparison of Yuexiu Services Group's Days Inventory

For the Real Estate Services subindustry, Yuexiu 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.


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

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

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



Yuexiu Services Group Days Inventory Calculation

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

Yuexiu 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
=( (7.036 + 11.244) / 2 ) / 2588.979*365
=9.14 / 2588.979*365
=1.29

Yuexiu 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
=( (10.772 + 11.244) / 2 ) / 1400.168*365 / 2
=11.008 / 1400.168*365 / 2
=1.43

* 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.


Yuexiu Services Group  (HKSE:06626) 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.

Yuexiu 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.

Yuexiu 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.


Yuexiu Services Group Days Inventory Related Terms

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


Yuexiu Services Group (HKSE:06626) Business Description

Traded in Other Exchanges
Address
160 Lockhart Road, 26th Floor, Yue Xiu Building, Wanchai, Hong Kong, HKG
Yuexiu Services Group Ltd is an integrated property management services provider. It has two business segments; Non-commercial property management and value-added services including non-commercial property management services including cleaning, security, gardening, repair, and maintenance services, value-added services to non-property owners, including sales office and display unit management, support services, and decoration services, home-living services, space operation services, and Commercial property management and operational services including commercial property management services and other value-added services, market positioning consultancy and tenant sourcing services, including market positioning and management consultancy services and tenant sourcing services.
Executives
Guangzhou Construction & Development Holdings (china) Limited
Yue Xiu Enterprises (holdings) Limited
Yuexiu Property Company Limited
Guang Zhou Yue Xiu Ji Tuan Gu Fen You Xian Gong Si
Guang Zhou Di Tie Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Di Tie Tou Rong Zi Xiang Gang You Xian Gong Si 2101 Beneficial owner

Yuexiu Services Group (HKSE:06626) Headlines

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