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Powerlong Commercial Management Holdings (HKSE:09909) Days Inventory : 1.39 (As of Dec. 2023)


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What is Powerlong Commercial Management Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Powerlong Commercial Management Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$8 Mil. Powerlong Commercial Management Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$998 Mil. Hence, Powerlong Commercial Management Holdings's Days Inventory for the six months ended in Dec. 2023 was 1.39.

The historical rank and industry rank for Powerlong Commercial Management Holdings's Days Inventory or its related term are showing as below:

HKSE:09909' s Days Inventory Range Over the Past 10 Years
Min: 1.45   Med: 2   Max: 2
Current: 1.45

During the past 8 years, Powerlong Commercial Management Holdings's highest Days Inventory was 2.00. The lowest was 1.45. And the median was 2.00.

HKSE:09909's Days Inventory is ranked better than
96.99% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs HKSE:09909: 1.45

Powerlong Commercial Management Holdings's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (1.39). It might indicate that Powerlong Commercial Management Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Powerlong Commercial Management Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 131.72.

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. Powerlong Commercial Management Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.


Powerlong Commercial Management Holdings Days Inventory Historical Data

The historical data trend for Powerlong Commercial Management Holdings'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.

Powerlong Commercial Management Holdings Days Inventory Chart

Powerlong Commercial Management Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial - - - - 2.00

Powerlong Commercial Management Holdings Semi-Annual Data
Dec16 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 - - - 0.93 1.39

Competitive Comparison of Powerlong Commercial Management Holdings's Days Inventory

For the Real Estate Services subindustry, Powerlong Commercial Management Holdings'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.


Powerlong Commercial Management Holdings's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Powerlong Commercial Management Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Powerlong Commercial Management Holdings's Days Inventory falls into.



Powerlong Commercial Management Holdings Days Inventory Calculation

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

Powerlong Commercial Management Holdings'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
=( (0 + 10.502) / 1 ) / 1912.718*365
=10.502 / 1912.718*365
=2.00

Powerlong Commercial Management Holdings'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
=( (4.646 + 10.502) / 2 ) / 997.642*365 / 2
=7.574 / 997.642*365 / 2
=1.39

* 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.


Powerlong Commercial Management Holdings  (HKSE:09909) 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.

Powerlong Commercial Management Holdings'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.

Powerlong Commercial Management Holdings'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.


Powerlong Commercial Management Holdings Days Inventory Related Terms

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


Powerlong Commercial Management Holdings (HKSE:09909) Business Description

Traded in Other Exchanges
N/A
Address
1399 Xinzhen Road, Powerlong Tower, Minhang District, Shanghai, CHN, 201101
Powerlong Commercial Management Holdings Ltd is a commercial operation service provider in China. The company provides commercial operation services for developers, tenants, and owners of retail commercial properties. It operates through two segments: Commercial operational services and Residential property management service. Its operations include market research and positioning, tenant sourcing and opening preparation services, commercial operation and management services, and property leasing services; and Property management services, consisting of pre-sale management services, property management services, and other value-added services. Its commercial operational services are provided under four brands, namely Powerlong One Mall, Powerlong City, Powerlong Plaza, and Powerlong Land.
Executives
Hoi Wa Fong 2201 Interest of corporation controlled by you
Huihong Management (ptc) Limited
Shih Sze Ni Cecilia 2202 Interest of your spouse
Hoi Kin Hong
Powerlong Real Estate (bvi) Holdings Limited
Powerlong Real Estate Holdings Limited
Skylong Holdings Limited
Wong Lai Chan

Powerlong Commercial Management Holdings (HKSE:09909) Headlines

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