Excellence Commercial Property & Facilities Management Group (HKSE:06989) Days Inventory : 9.41 (As of Dec. 2023)

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What is Excellence Commercial Property & Facilities Management Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Excellence Commercial Property & Facilities Management Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$98 Mil. Excellence Commercial Property & Facilities Management Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,897 Mil. Hence, Excellence Commercial Property & Facilities Management Group's Days Inventory for the six months ended in Dec. 2023 was 9.41.

The historical rank and industry rank for Excellence Commercial Property & Facilities Management Group's Days Inventory or its related term are showing as below:

HKSE:06989' s Days Inventory Range Over the Past 10 Years
Min: 0.45 Med: 2.24 Max: 8.91
Current: 8.91

During the past 7 years, Excellence Commercial Property & Facilities Management Group's highest Days Inventory was 8.91. The lowest was 0.45. And the median was 2.24.

HKSE:06989's Days Inventory is ranked better than
91.27% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs HKSE:06989: 8.91

Excellence Commercial Property & Facilities Management Group's Days Inventory increased from Dec. 2022 (5.38) to Dec. 2023 (9.41). It might indicate that Excellence Commercial Property & Facilities Management Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Excellence Commercial Property & Facilities Management Group's Inventory Turnover for the six months ended in Dec. 2023 was 19.39.

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. Excellence Commercial Property & Facilities Management Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.04.

Excellence Commercial Property & Facilities Management Group Days Inventory Historical Data

The historical data trend for Excellence Commercial Property & Facilities Management 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.

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Excellence Commercial Property & Facilities Management Group Days Inventory Chart

Excellence Commercial Property & Facilities Management Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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0.45

0.52

3.96

8.65

Excellence Commercial Property & Facilities Management Group Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial						1.05	2.09	5.38	8.59	9.41

Competitive Comparison of Excellence Commercial Property & Facilities Management Group's Days Inventory

For the Real Estate Services subindustry, Excellence Commercial Property & Facilities Management 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.

Excellence Commercial Property & Facilities Management Group's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Excellence Commercial Property & Facilities Management Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Excellence Commercial Property & Facilities Management Group's Days Inventory falls into.

Excellence Commercial Property & Facilities Management Group Days Inventory Calculation

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

Excellence Commercial Property & Facilities Management 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
=	( (59.09	+	105.836)	/	2 )	/	3478.345	*	365
=	82.463					/	3478.345	*	365
=	8.65

Excellence Commercial Property & Facilities Management 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
=	( (89.845	+	105.836)	/	2 )	/	1896.892	*	365 / 2
=	97.8405					/	1896.892	*	365 / 2
=	9.41

Excellence Commercial Property & Facilities Management Group (HKSE:06989) 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.

Excellence Commercial Property & Facilities Management Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1896.892	/	97.8405
	=	19.39

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.

Excellence Commercial Property & Facilities Management Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	97.8405	/	2283.23
	=	0.04

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.

Excellence Commercial Property & Facilities Management Group Days Inventory Related Terms

Thank you for viewing the detailed overview of Excellence Commercial Property & Facilities Management Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Excellence Commercial Property & Facilities Management Group (HKSE:06989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Excellence Commercial Property & Facilities Management Group Ltd (HKSE:06989) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fuhua Third Road, 38Ath Floor, Tower 4, Excellence Century Center, Futian District, Guangdong Province, Shenzhen, CHN, 518000

Website

http://www.excepm.com

Excellence Commercial Property & Facilities Management Group Ltd is a commercial property management service provider in China. The company's projects included commercial properties, public and industrial properties, and residential properties. It operates in three segments namely Finance services, Other services, and Property management services that provide basic property management services or system supply and installation services to property developers, property owners, and tenants, and value-added services to such customers, including asset services which includes preliminary property consulting services, property leasing and sales agency services, asset-light property operation services and space operation services, and corporate services.

Executives

Xiao Xingping	2202 Interest of your spouse
Li Xiaoping	2101 Beneficial owner
Li Wa	2201 Interest of corporation controlled by you
Oriental Rich Holdings Group Limited	2201 Interest of corporation controlled by you
Urban Hero Investments Limited	2101 Beneficial owner
Ever Rainbow Holdings Limited	2101 Beneficial owner
Autumn Riches Limited	2101 Beneficial owner
Li Yuan	2201 Interest of corporation controlled by you

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