GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shanghai New Huang Pu Industrial Group Co Ltd (SHSE:600638) » Definitions » Days Inventory

Shanghai New Huang Pu Industrial Group Co (SHSE:600638) Days Inventory : 5,357.84 (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Shanghai New Huang Pu Industrial Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai New Huang Pu Industrial Group Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥3,999 Mil. Shanghai New Huang Pu Industrial Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥68 Mil. Hence, Shanghai New Huang Pu Industrial Group Co's Days Inventory for the three months ended in Mar. 2024 was 5,357.84.

The historical rank and industry rank for Shanghai New Huang Pu Industrial Group Co's Days Inventory or its related term are showing as below:

SHSE:600638' s Days Inventory Range Over the Past 10 Years
Min: 706.19   Med: 2170.46   Max: 3650.84
Current: 797.78

During the past 13 years, Shanghai New Huang Pu Industrial Group Co's highest Days Inventory was 3650.84. The lowest was 706.19. And the median was 2170.46.

SHSE:600638's Days Inventory is ranked worse than
54.14% of 1328 companies
in the Real Estate industry
Industry Median: 699.495 vs SHSE:600638: 797.78

Shanghai New Huang Pu Industrial Group Co's Days Inventory increased from Mar. 2023 (1,422.54) to Mar. 2024 (5,357.84). It might indicate that Shanghai New Huang Pu Industrial Group Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai New Huang Pu Industrial Group Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.02.

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. Shanghai New Huang Pu Industrial Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 18.40.


Shanghai New Huang Pu Industrial Group Co Days Inventory Historical Data

The historical data trend for Shanghai New Huang Pu Industrial Group 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.

Shanghai New Huang Pu Industrial Group Co Days Inventory Chart

Shanghai New Huang Pu Industrial Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,384.35 3,650.84 948.36 706.19 781.84

Shanghai New Huang Pu Industrial Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,422.54 419.40 918.36 902.19 5,357.84

Competitive Comparison of Shanghai New Huang Pu Industrial Group Co's Days Inventory

For the Real Estate - Development subindustry, Shanghai New Huang Pu Industrial Group 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.


Shanghai New Huang Pu Industrial Group Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai New Huang Pu Industrial Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shanghai New Huang Pu Industrial Group Co's Days Inventory falls into.



Shanghai New Huang Pu Industrial Group Co Days Inventory Calculation

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

Shanghai New Huang Pu Industrial Group 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
=( (6662.404 + 4025.216) / 2 ) / 2494.743*365
=5343.81 / 2494.743*365
=781.84

Shanghai New Huang Pu Industrial Group Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (4025.216 + 3972.265) / 2 ) / 68.103*365 / 4
=3998.7405 / 68.103*365 / 4
=5,357.84

* 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.


Shanghai New Huang Pu Industrial Group Co  (SHSE:600638) 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.

Shanghai New Huang Pu Industrial Group Co's Inventory Turnover for the three months ended in Mar. 2024 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.

Shanghai New Huang Pu Industrial Group Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


Shanghai New Huang Pu Industrial Group Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Shanghai New Huang Pu Industrial Group Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai New Huang Pu Industrial Group Co (SHSE:600638) Business Description

Traded in Other Exchanges
N/A
Address
No. 666 Beijing East Road, West Building, 32-33F, Shanghai, Shanghai, CHN, 200001
Shanghai New Huang Pu Real Estate Co Ltd engages in the real estate business in China. It develops commercial buildings and residential communities. It is also involved in the financial investment and futures, park construction and management, professional electronics market operations, property management, real estate services and consulting service trade, and other businesses.
Executives
Lu Que Fei Director
Zhu Jian Yong Director
Hu Geng Hua Supervisors

Shanghai New Huang Pu Industrial Group Co (SHSE:600638) Headlines

No Headlines