Shenzhen Investment Holdings Bay Area Development Co (HKSE:80737) Days Inventory : 0.10 (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Shenzhen Investment Holdings Bay Area Development Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shenzhen Investment Holdings Bay Area Development Co's Average Total Inventories for the three months ended in Dec. 2023 was ¥0.3 Mil. Shenzhen Investment Holdings Bay Area Development Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥251.9 Mil. Hence, Shenzhen Investment Holdings Bay Area Development Co's Days Inventory for the three months ended in Dec. 2023 was 0.10.

The historical rank and industry rank for Shenzhen Investment Holdings Bay Area Development Co's Days Inventory or its related term are showing as below:

HKSE:80737' s Days Inventory Range Over the Past 10 Years
Min: 0.18 Med: 0.31 Max: 0.46
Current: 0.2

During the past 13 years, Shenzhen Investment Holdings Bay Area Development Co's highest Days Inventory was 0.46. The lowest was 0.18. And the median was 0.31.

HKSE:80737's Days Inventory is ranked better than
98.42% of 1393 companies
in the Construction industry
Industry Median: 48.64 vs HKSE:80737: 0.20

Shenzhen Investment Holdings Bay Area Development Co's Days Inventory increased from Sep. 2022 (0.00) to Dec. 2023 (0.10). It might indicate that Shenzhen Investment Holdings Bay Area Development Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Investment Holdings Bay Area Development Co's Inventory Turnover for the three months ended in Dec. 2023 was 907.79.

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. Shenzhen Investment Holdings Bay Area Development Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Shenzhen Investment Holdings Bay Area Development Co Days Inventory Historical Data

The historical data trend for Shenzhen Investment Holdings Bay Area Development 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.

* Premium members only.

Shenzhen Investment Holdings Bay Area Development Co Days Inventory Chart

Shenzhen Investment Holdings Bay Area Development Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

0.46

0.29

0.18

Shenzhen Investment Holdings Bay Area Development Co Quarterly Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															0.26	-	0.37	0.10	0.07

Competitive Comparison of Shenzhen Investment Holdings Bay Area Development Co's Days Inventory

For the Infrastructure Operations subindustry, Shenzhen Investment Holdings Bay Area Development 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.

Shenzhen Investment Holdings Bay Area Development Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shenzhen Investment Holdings Bay Area Development Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shenzhen Investment Holdings Bay Area Development Co's Days Inventory falls into.

Shenzhen Investment Holdings Bay Area Development Co Days Inventory Calculation

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

Shenzhen Investment Holdings Bay Area Development 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
=	( (0.427	+	0.212)	/	2 )	/	643.957	*	365
=	0.3195					/	643.957	*	365
=	0.18

Shenzhen Investment Holdings Bay Area Development 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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.343	+	0.212)	/	2 )	/	251.912	*	365 / 4
=	0.2775					/	251.912	*	365 / 4
=	0.10

Shenzhen Investment Holdings Bay Area Development Co (HKSE:80737) 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.

Shenzhen Investment Holdings Bay Area Development Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	251.912	/	0.2775
	=	907.79

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.

Shenzhen Investment Holdings Bay Area Development Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.2775	/	327.5
	=	0.00

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.

Shenzhen Investment Holdings Bay Area Development Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Shenzhen Investment Holdings Bay Area Development Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenzhen Investment Holdings Bay Area Development Co (HKSE:80737) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shenzhen Investment Holdings Bay Area Development Co Ltd (HKSE:80737) » Definitions » Days Inventory

Traded in Other Exchanges

SIHBY:USA SHIHF:USA 00737:Hong Kong HHI0:Germany

Address

30 Harbour Road, Rooms 4902-4916, 49th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG

Website

https://www.sihbay.com

Shenzhen Investment Holdings Bay Area Development Co Ltd is an investment holding company that is engaged in the initiation, promotion, development, and operation of toll expressways and bridges in China. The company manages its business in four segments namely Guangzhou-Shenzhen Superhighway, Guangzhou-Zhuhai West Superhighway, Coastal Expressway, and Xintang Interchange. It generates most of the revenue from the Guangzhou-Shenzhen Superhighway segment.

Shenzhen Investment Holdings Bay Area Development Co (HKSE:80737) Headlines

No Headlines